KATHMANDU, Nov 14: The government has revised customs duty on more than half a dozen goods after the end of first quarter of current FY2019/20.

WASHINGTON, Aug 13: The Trump administration on Tuesday delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and some other products made in China that had been scheduled to start next month, in an abrupt pull-back from a hardline stance on Chinese trade.

NEW DELHI, June 27: U.S. President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling the duties “unacceptable”.

NEW DELHI, June 26: U.S. Secretary of State Mike Pompeo began official meetings in India’s capital on Wednesday amid growing tensions over trade and tariffs that has strained the partners’ ties.

WASHINGTON, June 8: President Donald Trump announced late Friday that he had suspended plans to impose tariffs on Mexico, tweeting that the country “has agreed to take strong measures” to stem the flow of Central American migrants into the United States. But the deal the sides agreed to falls short of some of the dramatic overhauls the U.S. had pushed for.

WASHINGTON, May 31: President Donald Trump, incensed by a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico, starting at 5% and ratcheting higher until the flow of people ceases.

BEIJING, May 10: A Chinese Foreign Ministry spokesman says Beijing is hoping the Trump administration will meet China “halfway” in their dispute over trade.

BEIJING, May 10: President Donald Trump’s latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade strains.

BEIJING, May 9: China said Thursday it will retaliate if President Donald Trump goes ahead with more tariff hikes in a fight over technology and trade, ratcheting up tensions ahead of negotiations in Washington.

WASHINGTON/BEIJING, May 7: China backtracked on substantial commitments it made during trade talks with the United States, prompting President Donald Trump to impose additional tariffs on Chinese goods slated to go into effect on Friday, top U.S. trade officials said on Monday.

BEIJING/WASHINGTON, May 6: China said on Monday that a delegation is still preparing to go to the United States for trade talks, after U.S. President Donald Trump dramatically increased pressure on Beijing to reach a deal, saying he would hike tariffs on Chinese goods this week.

Last week, President Donald Trump said the U.S. is prepared to impose tariffs on all remaining Chinese products if he cannot make a deal with President Xi Jinping at the G20 meeting in Argentina, which starts on November 30.

WASHINGTON DC, Nov 27: US President Donald Trump suggested he could place 10 percent tariffs on popular electronic products imported from China, like iPhones, also noting that it is “highly unlikely” he would delay a planned increase in tariffs from 10 percent to 25 percent on January 1.

BEIJING, Nov 9: Chinese President Xi Jinping met former United States Secretary of State and National Security Advisor Henry Kissinger Thursday at the Great Hall of the People in Beijing, China.

Oct 9: The International Monetary Fund has warned a trade war between the US and China risks making the world a "poorer and more dangerous place" in its latest assessment of the global economy.

Sept 22: 6 things to know by 6 PM today

September 22, 2018 18:00 pm

Your daily dose of missed important news of the day.

WASHINGTON DC, Sept 15: US President Donald Trump has reportedly given a go ahead to additional tariffs on Chinese goods worth about $200 billion. The instruction to aides comes despite attempts by the Treasury to restart talks with Beijing.

Sept 9: Six things to know by 6 PM today

September 9, 2018 18:00 pm

Your daily dose of missed important news of the day.

MOSCOW, Sept 8: President Donald Trump told reporters that tariffs on an additional $267 billion worth of Chinese goods are ready to go, in addition to the $200 billion in tariffs the White House has already lined up.

BEIJING, Aug 23:  The United States and China imposed more tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Thursday in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.

INDIA, Aug 4: Indian authorities decided in June to increase import levy from August 4 on some US goods, including almonds, walnuts and apples, however, the move was later delayed.

WASHINGTON DC, Aug 1:The Trump administration is considering more than doubling its planned tariffs on $200 billion in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table, three people familiar with the internal deliberations said.

WASHINGTON, Aug 1: US President Donald Trump is considering increasing the proposed tariff on $200 billion worth of Chinese imports from 10 percent to 25 percent, US-based media reported on Tuesday.

The move is seen to run in direct conflict with the trade strategy of President Trump's cabinet, a member of which warned Thursday that the United States and the European Union would now be joining forces "in the fight against China."

WASHINGTON, July 25: US President Donald Trump has proposed a mutual cancellation of "all tariffs, barriers and subsidies" in trade with the European Union in order to provide for a "fair trade." Trump will hold trade talks with European Commission President Jean-Claude Juncker on Wednesday.

WASHINGTON/BEIJING, July 11: The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.

MOSCOW, July 7: Russia says it is imposing additional import tariffs on some U.S. products in response to U.S. moves to slap duties on foreign steel and aluminum.

MOSCOW, July 6: According to the Minister Maxim Oreshkin, Russia plans to tax $87.6 million worth of US annual imports, while the remaining taxes could be applied within three years in order to compensate for $537,6 mln, which Russian exporters lost due to the tariffs in the US.

BEIJING, July 6: Just hours after the United States introduced 25 percent trade tariffs on $34 billion worth of Chinese goods, Beijing has retaliated with mirror measures against American imports.

WASHINGTON, July 6: As US tariffs on Chinese imports worth $34 billion kicked in on Friday, President Donald Trump said he would consider imposing additional levies on $500 billion in Chinese goods, should Beijing retaliate.

BEIJING/WASHINGTON, July 6: U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the two biggest economies were set on a risky path toward a full-blown trade war.

CANADA, June 30: Chrystia Freeland spoke as officials unveiled a $C2bn ($NZ2.2bn) package to support the country's steel and aluminium industries.

The European Union is set to slap tariffs on 3.4 billion dollars (£2.5 billion) in American products, from whiskey and motorcycles to peanuts and cranberries.

WASHINGTON/BEIJING: U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation, as the trade conflict between the world’s two biggest economies quickly escalated.

India will suspend trade concessions and raise import duties on 30 products from the United States by up to 50 percent, in a mirror response to Washington’s impetuous move to impose tariffs on steel and aluminum imports.

WASHINGTON/BEIJING, June 16: U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

BEIJING, June 16: China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey.

BERLIN, June 11: Europe will implement counter-measures against U.S. tariffs on steel and aluminum just like Canada, German Chancellor Angela Merkel said on Sunday, voicing regret about President Donald Trump’s abrupt decision to withdraw support for a G7 communique.

BEIJING, June 4: China has balked at stepping up its purchases of American products, raising the odds of a trade war, if President Donald Trump follows through on his threat to tax billions of dollars’ worth of Chinese imports.

BEIJING, June 3: China has warned that any agreements with Washington in their talks on settling a sprawling trade dispute “will not take effect” if threatened U.S. sanctions including tariff hikes go ahead.

PARIS, June 1: French President Emmanuel Macron has told U.S. President Donald Trump that the new U.S. tariffs on European, Mexican and Canadian goods are illegal and a "mistake."

WASHINGTON/PARIS, June 1: Canada and Mexico retaliated against the U.S. decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war.

BOAO, April 10: Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that comes amid rising trade tensions between China and the United States.

WASHINGTON, April 6: President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs against China, upping the ante in an already high-stakes trade confrontation between the world’s two biggest economies.

BEIJING, April 2: China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China’s finance ministry said.

UNITED STATES, Mar 23: The President of America Donald Trump administration will impose up to $60 billion in trade restrictions on China to counter a concerted program of Chinese economic aggression against the United States, President Donald Trump announced Thursday.

WASHINGTONG, March 17: President Donald Trump is considering sweeping tariffs on imports from China, with an announcement possible as early as next week. And that has industry groups and some lawmakers scrambling to prevent the next front in a potential trade war that could reverberate across the U.S. economy.

WASHINGTON, Mar 11: Things had been going along so nicely.