Trump tariffs

The Trump administration on Friday launched a review of Turkey's duty-free access to U.S. markets under the Generalized System of Preferences after Ankara imposed retaliatory tariffs on U.S. goods in response to American steel and aluminum tariffs.

Beijing warned on Aug. 3 it was prepared to impose new tariffs on $60 billion worth of U.S. goods if Washington ups the ante in the escalating U.S.-China trade war.

The White House will open its doors for the president of the European Commission Wednesday, with relations looking strained amid tariffs and the possibility of an all-out trade war.

The U.S. government will provide up to $12 billion in aid to American farmers hurt by the retaliatory tariffs imposed by trading partners, U.S. Agriculture Secretary Sonny Perdue announced on July 24.

U.S. President Donald Trump said in an interview released on July 20 he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.

The European Union will launch measures on July 19 designed to prevent a surge of steel imports into the bloc following the U.S. imposition of tariffs on incoming steel and aluminum, the EU's official journal said.

Switzerland has joined a string of countries launching challenges to Washington's new steel and aluminum tariffs at the World Trade Organization, Bern said on July 10.

WASHINGTON: Punishing US tariffs on Chinese imports took effect early Friday (Jul 6), marking the start of President Donald Trump's trade war with the largest US trading partner and intensifying the anxieties of global industry.

The United States hiked tariffs on Chinese imports Friday and Beijing said it would be forced to counterattack in a dispute between the world's two biggest economies that President Donald Trump says he is prepared to escalate.

German Chancellor Angela Merkel on July 4 warned U.S. President Donald Trump against unleashing an all-out trade war after he threatened to impose steep tariffs on cars from the European Union.