Trump’s China tariffs probed

News Story
- 20 Jun 2019 ( #928 ) - Washington, DC, United States
1 min read
The US International Trade Commission is hearing submissions on trariffs.
The US International Trade Commission is hearing submissions on trariffs.
About 320 officials from US manufacturers, retailers and other companies and trade groups are appearing at hearings that started on Monday at the US International Trade Commission, urging for the end of some import tariffs.

This is the fourth round of hearings, after President Donald Trump levied duties on USD250 billion of products last year.

When trade talks with China failed last month, Trump ordered a tariff increase from 10% to 25% on USD200 billion of goods and targeted an additional USD300 billion in products overlooked in previous rounds.

Container port terminals are among those pleading with the Trump Administration that gantry cranes be removed from the latest round of Chinese tariffs.

China is a major source of gantry cranes for US ports and operators argue that tariffs will impact on their financial viability.

Forklifts have been included in the first round of the Trump Administration's tariff regime in July 2018, leading to price rises as importers were forced to pass on their increased costs.
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PREMIUM business

Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.

Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

PREMIUM business

Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

PREMIUM business

Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET