Tariff wars - duties imposed by Trump and US trading partners
Updated : January 30, 2019 09:51 AM IST
The new US-Mexico-Canada Agreement trade deal protects Canadian and Mexican production in the event of such tariffs through a quota system. Trump has pledged not to impose auto tariffs on Japan and the European Union while trade negotiations with those partners are underway.
If an agreement with China cannot be reached, Trump has threatened to impose tariffs on an additional $267 billion worth of Chinese goods, representing all remaining imports from China, including cell phones, computers, clothing, footwear and other consumer products.
ndia, the world's biggest buyer of US almonds, on June 21 raised import duties on the nuts by 20 percent and increased tariffs on a range of other farm products and US iron and steel, in retaliation for US tariffs on Indian steel.
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