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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Ask about which B2B discounts apply to you, and how you can use them to your advertising advantage.

For audience info, web stats + our full media offer: [DOWNLOAD OUR MEDIA KIT].

Inside The News
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

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

Forkliftaction's JOB MARKET

Did you know that Forkliftaction’s unique pricing system is strategically designed to drive stronger B2B advertising outcomes?
With discounts for repeats and volume, you can maximise reach and reinforce consistency over time. New advertisers receive further savings with our first-time advertiser discount.
Ask about which B2B discounts apply to you, and how you can use them to your advertising advantage.

For audience info, web stats + our full media offer: [DOWNLOAD OUR MEDIA KIT].

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