Customs duties

The US will postpone its planned $ 250 billion increase in customs duties on imported goods from China to October 15th, US President Donald Trump said in a tweet, France's press and DPA reported.

China has announced new round of retaliatory tariffs on about billion worth of US goods. CNN reported.

As of next month, a 5% and 10% tariff for more than 5,000 types of items, including soybeans, coffee, whiskey, seafood and crude oil, will enter into force. The biggest increase - by 25 percent - will be taxed on imported US cars from December 15th.

About BGN 600 million is expected as revenue from the TOL system. This was said by Professor Oleg Asenov of the National Toll Press Conference at the Research Construction Institute, BGNES reported.

About BGN 600 million is expected as revenue from the toll system, Prof. Oleg Asenov of the National Toll Administration said at a press conference at the Research Institute of Construction, Focus News Agency reported.

Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether.

The US government will delay the introduction of additional 10 percent tariffs on certain Chinese goods, including laptops and cell phones, until December 15th. This was announced today by the US Permanent Trade Representative's Office, cited by international news agencies. The duties had to be put into force on September 1st.

Just days after the agreement for peace in the US-China trade war, US officials increased the pressure on Europe in the long-term dispute over Airbus aircraft subsidies, threatening to impose high tariffs on imports of additional EU goods worth 4 billion dollars, reports Econ.bg

Mexico's Economy Minister Graciela Marquez said on June 3 that the tariffs U.S. President Donald Trump has threatened to place on Mexican exports would impact all 50 U.S. states and harm value chains, consumers and trade-related jobs in both nations.

Turkey has reduced tariffs on some U.S. imports in response to a similar United States move to halve tariffs on Turkish steel imports, the official gazette showed on May 21.

Deepening a trade battle and sending financial markets into a tailspin, China announced on May 13 it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. tariffs on its exports.