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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In today's materials handling market, precision matters. With B2B expertise and an industry reputation built over 25 years, Forkliftaction helps you hit more targets at once.

⇒ Niche audience of 73,500+ opt-in subscribers
⇒ Over 1 million monthly web visits
⇒ News mailing open rate averages 34%
⇒ Geo-targeted and regional advertising
⇒ Brand-first advertising formats that stick

[Download our latest media kit] for statistics, editorial details and our full media offer. 

In today's materials handling market, precision matters. With B2B expertise and an industry reputation built over 25 years, Forkliftaction helps you hit more targets at once.

⇒ Niche audience of 73,500+ opt-in subscribers
⇒ Over 1 million monthly web visits
⇒ News mailing open rate averages 34%
⇒ Geo-targeted and regional advertising
⇒ Brand-first advertising formats that stick

[Download our latest media kit] for statistics, editorial details and our full media offer. 

Inside The News
In this week’s Forkliftaction News , we report on the GEP Global Supply Chain Volatility Index which shows Asian supply chains are at their busiest since June 2022 while the US and Europe’s supply chains remain under-utilised. One of the report authors describes the situation as being “as stable as it’s going to get”... Continue reading

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BSL New Energy Technology Co., Ltd
BSLBATT - practical expertise and excellent design in the industrial lithium-ion battery market.

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

Forkliftaction's JOB MARKET