trade war

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US Jet Tariff May Lead to a 'Trade War'

Canada, UK peeved by proposed 219% tariff on Bombardier jets

(Newser) - After a complaint from US aviation giant Boeing, the Department of Commerce has proposed slapping a 219% tariff on the import of C-Series jets from Canadian-owned Bombardier. The move—which still needs approval from the US International Trade Commission—would be in keeping with President Trump's goal of promoting... More »

Bourbon Industry May Pay for Trump's Proposed Steel Tariff

The largely Kentucky-based industry could fall victim to trade wars

(Newser) - The EU is eyeing a potential target to use in retaliation against President Trump’s proposed steel import tariff : the US bourbon industry. Per the Guardian , commission president Jean-Claude Juncker said the EU would "react with counter-measures" within days against US agricultural exports should Trump impose import tariffs on... More »

Trump, Trudeau Talk, and Readouts Are Very Different

Meanwhile, one site thinks US will go after Canadian wine next

(Newser) - The United States is in an escalating dispute with ... Canada? The two nations have been clashing over trade policy in regard to the lumber and dairy industries, with the US slapping tariffs on timber from its second-largest trading partner and President Trump sounding off on what he views as unfair... More »

First Friction Emerges Between Trump, House Republicans

They want him to focus on tax reform

(Newser) - Donald Trump isn't going to have a honeymoon period with House Republicans, if the frosty response to his call for a 35% tariff on companies leaving the US is anything to go by. House Majority Leader Kevin McCarthy was among those pushing back against the policies Trump called for... More »

US, Mexico Brace for Tomato Fight

Trade war possible as US considers ending pact

(Newser) - The humble tomato may spark a trade war between the US and Mexico, reports BusinessWeek . The US took a big step yesterday toward ending a 16-year deal that has kept the prices of Mexican tomatoes cheap in this country. Florida farmers have long pushed for the move, which is expected... More »

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