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Brussels has proposed a three-year delay on tariffs on the sale of EVs between Britain and the EU that was meant to kick in from January

EU proposes three-year delay on UK electric car tariffs

Brussels has today proposed a three-year delay on tariffs on the sale of electric vehicles between Britain and the EU that was meant to kick in from January, in a major reversal of its previous position.

Business • 06 Dec 23

The UK steel industry employs nearly 34,000 people and makes some $2 billion in annual turnover

Britain extends steel tariffs in breach of trade rules

Britain has today extended a package of tariffs and quotas on five steel products by two years to shield local steelmakers.

Business • 29 Jun 22

The US has agreed a 4 month suspension of retaliatory tariffs imposed on British goods over a long-running aircraft subsidy row

US, UK suspend tariffs and seek aircraft row resolution

The US has agreed a four-month suspension of retaliatory tariffs imposed on British goods such as Scotch whisky over a long-running aircraft subsidy row, with both sides pledging to use the time to resolve the dispute.

Business • 04 Mar 21

Marks & Spencer said its popular Percy Pigs sweets could be hit with tariffs when exported to EU countries

Solution to 'Percy Pig' tariffs problem put forward

An Irish customs expert says she has found a solution to the Brexit 'Percy Pigs' problem, that could result in retailers here avoiding having to pay hundreds of millions of euro in tariffs each year.

Business • 15 Jan 21

The WTO said the US duties broke trading rules because they applied only to China and were above maximum rates agreed to by the US

US broke trade rules by putting tariffs on China - WTO

The World Trade Organization has found that the US breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump's trade war with China, a ruling that drew anger from Washington.

Business • 16 Sep 20

UK Trade Minister Liz Truss has set out the broad aims of her post-Brexit push to secure new free trade agreements

UK seeks big tariff reductions in US trade deal

The UK is seeking far-reaching reductions in tariffs from a trade deal with the US, trade minister Liz Truss said today as she set out the broad aims of her post-Brexit push to secure new free trade agreements.

Business • 06 Feb 20

China to cut tariffs on $75 billion-worth of US imports

China to halve tariffs on $75 billion of US imports

China said it would halve tariffs on $75 billion-worth of US imports as part of its trade truce with Washington and as officials look to calm markets unnerved by the deadly virus outbreak.

Business • 06 Feb 20

Roquefort cheese on list of goods that could be targeted as soon as mid-January

US 100% tariff threat on French goods over digital tax

The US has threatened to impose tariffs of up to 100% on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory.

Business • 03 Dec 19

15 countries have raised concerns over the so-called Tariff Rate Quotas (TRQs) that will be in place after Brexit

WTO members warn on post-Brexit market access

World Trade Organization members have demanded compromises from the EU and Britain to ensure foreign businesses do not lose market access in post-Brexit trade.

Business • 15 Nov 19

Trump has used tariffs on billions of dollars of Chinese goods as his primary weapon in the protracted trade war

Trump says no agreement to rollback China tariffs

President Donald Trump has said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth.

Business • 08 Nov 19

Irish companies are looking increasingly at France and Germany as trading partners, but also further afield to North America, Latin America and Asian markets

Brexit impacting trade flows but not tariffs

The UK's importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank.

Business • 05 Nov 19

Hasbor sources more than two-thirds of its US products from China

Hasbro shares plunge as toymaker battles tariff costs

Hasbro fell well short of Wall Street estimates for quarterly profit today, as shipping and warehousing costs jumped due to retailers canceling and delaying orders in the face of likely tariffs on toys.

Business • 22 Oct 19

Donald Trump's comments will feed optimism about prospects for a deal to cease trade hostilities between the US and China

Trump hails 'Warmer feelings' in US-China trade talks

US and Chinese officials are making meaningful progress in high level trade talks, US President Donald Trump said today.

Business • 11 Oct 19

Butter worth €156.8m will be among the Irish exports hit by the US tariffs

€362m worth of Irish goods face 25% tariff in the US

Irish exports to the US worth around €362m annually are facing extra tariffs following last week's decision by the US government to apply extra levies following a World Trade Organisation ruling.

Business • 10 Oct 19

US and Chinese trade negotiators were set to meet today for the first time since July

Trump says will meet top Chinese trade envoy tomorrow

US President Donald Trump said today he will meet with China's trade envoy as the two sides pursue fraught negotiations to resolve their escalating trade war.

Business • 10 Oct 19

The WTO has found that both Europe's Airbus and its US rival Boeing received billions of dollars of illegal subsidies

US to hit EU with tariffs starting 18 October

The US will impose punitive tariffs on the EU from 18 October following the World Trade Organization decision giving the green light to retaliation on $7.5bn worth of goods, senior trade officials said.

Business • 02 Oct 19

The goods exempted from tariffs include whey and fish meal

China exempts 16 types of US goods from extra tariffs

China has announced its first batch of tariff exemptions for 16 types of US products, days ahead of a planned meeting between trade negotiators from the two countries to try and de-escalate their bruising tariff row.

Business • 11 Sep 19

More high-level trade talks between China and the US set to take place next month

China, US to hold trade talks in October - ministry

China and the US have agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said, amid fears that an escalating trade war could trigger a global economic recession.

Business • 05 Sep 19

A new round of US tariffs on some Chinese goods is scheduled to take effect on Sunday, threatening to escalate an already bitter trade war

Signs of new US-China trade discussions as tariffs loom

The United States and China gave signs that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional US tariffs.

Business • 30 Aug 19

Caterpillar is a proxy for global economic activity

Caterpillar's earnings disappoint on weak China sales

Caterpillar earnings today missed Wall Street's estimates, hurt by a combination of weak sales in China, and higher production and restructuring costs.

Business • 24 Jul 19

Irish whiskey is one of the targets on the US list of 89 additional proposed tariffs

US threatens tariffs on EU cheese, pork and whiskey

The US is threatening tariffs on $4bn worth of additional EU goods - including Irish whiskey - in a long-running dispute over aircraft subsidies.

World • 02 Jul 19

'An escalated trade war is not in the country's best interest, and both sides will lose,' 600 US companies warn Donald Trump

600 US companies urge Trump to resolve trade dispute

Walmart, Target and more than 600 other companies have urged US President Donald Trump in a letter to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.

Business • 14 Jun 19

President Trump has threatened to impose new trade tariffs on Mexico from Monday

Trump tweets on Mexico tariff talks from Doonbeg

US President Donald Trump has said that "not nearly enough" progress has been made in talks with Mexico to avert his threat to impose new trade tariffs on Monday in response to the flow of migrants across the country's border.

World • 06 Jun 19

Donald Trump has said that complaints against Huawei might be resolved within the framework of a US-China trade deal

Huawei could be included in US-China trade deal - Trump

US President Donald Trump has said that complaints against Huawei Technologies might be resolved within the framework of a US-China trade deal.

Business • 24 May 19

An electronic board displays the stock index at a securities brokerage house in Beijing

Shanghai shares tumble on Trump tariff threat

Chinese share markets tumbled after US President Donald Trump announced plans to raise tariffs on imports from China at the end of the week, dealing a blow to hopes of an imminent end to their trade war.

Business • 06 May 19

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