Trump tariffs

Turkey has imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, according to a decision published in the Official Gazette on Friday, with the highest tariffs on Chinese imports.

China must "adapt its behaviour" to solve an escalating tariff row with Europe, EU chief Charles Michel said Friday, warning of the dangers of the dispute escalating into a full-blown trade war.

EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.

A 100% increase in tariffs for cine electric cars, a 25% increase for electric vehicle batteries and a 50% increase for age cells was announced by USgovernment, which from 27 September puts in place new tariffs on Chinese products of strategic sectors.

How will the Chinese Communist Party leadership react to the highly unpredictable US election? China's leaders are convinced that one of the few points America's Republicans and Democrats agree on is the desire to stunt China's natural growth and the legitimate expansion of its influence.

The United States is hiking tariffs on $18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday.

U.S. President Joe Biden urged a tripling of tariffs on Chinese steel and aluminum, citing "unfair competition" as he seeks to win blue-collar votes in November's election.

The European Commission has unveiled plans for significant tariff hikes on grain imports from Russia and Belarus. The proposed tariffs, described as potentially functioning as de facto sanctions, aim to address growing concerns over the use of food exports as a geopolitical tool by Moscow while safeguarding EU markets and farmers.

Amidst growing pressure from farmers and member states, the European Union is poised to reverse tariffs on grain imports from Russia and Belarus, a move aimed at easing tensions and supporting agricultural sectors, according to reports from the Financial Times.

The US government has confirmed it will continue enforcing the tariffs on Chinese goods imposed by former president Donald Trump, following hundreds of requests from American companies.    

President Joe Biden had been considering how and whether to remove some of the tariffs by his predecessor, amid pressure to offer some relief to soaring U.S. inflation.