Tag: Tariffs
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Beijing warns it will respond resolutely to any Section 301 style European trade instrument, days before Maros Sefcovic flies to Beijing with an October deadline and a 360 billion euro deficit on the table BRUSSELS / BEIJING, September 30, 2026 China’s Ministry of Commerce warned on September 29 that it will “respond resolutely” if the…
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China’s 55 percent over-quota duty lands on Brazilian beef from October 1, shutting the world’s largest buyer to its largest supplier and redrawing protein trade lanes from the River Plate to Oceania BEIJING / BRASILIA, September 30, 2026 China’s Ministry of Commerce confirmed on Wednesday that an additional 55 percent tariff will apply to Brazilian…
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The second tranche of Section 232 pharmaceutical duties reaches every remaining drugmaker this week, and the companies most exposed are the ones least able to build a factory WASHINGTON, September 30, 2026. The broadest tariff ever applied to medicines entering the United States took effect this week, extending duties of up to 100 percent on…
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A three-judge panel at the Court of International Trade takes up whether Section 301 can carry a global tariff, eight months after the Supreme Court struck down the last one WASHINGTON, September 30, 2026. The legal architecture holding up the United States tariff regime faces its most serious test since February when a three-judge panel…
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Washington closed its market to roughly US$1 billion of Canadian alcohol, dairy and motorcycles on September 29. The volumes are small, the precedent is not, and Canadian exporters now face a customs regime in which paying the duty is no longer an option. OTTAWA, September 30, 2026 | A United States prohibition on the importation…
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Stelco will idle finishing operations at Hamilton Works and lay off roughly 350 members of United Steelworkers Local 1005, the clearest industrial casualty yet of the 50 per cent United States duty on Canadian steel and a test of whether Ottawa’s border measures are doing their job. HAMILTON, Ontario, September 30, 2026 | Stelco will…
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A $15 billion Mesabi Metallics mill in Lee County becomes the administration’s showcase for 50 percent Section 232 duties, though the first coil will not be rolled until 2030 WASHINGTON, Sept. 29, 2026 President Donald Trump used an Oval Office event on Sept. 28 to announce a steel project his administration is presenting as the…
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The European Union and the Philippines have closed negotiations on a free trade agreement covering 94 percent of tariff lines and 97 percent of bilateral trade, opening Philippine public procurement to foreign bidders for the first time and beating the 2027 expiry of duty free preferences. BRUSSELS AND MANILA, SEPTEMBER 29, 2026 After a decade…
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A three-judge panel hears argument Wednesday on the Section 301 forced labor tariffs covering 60 economies. It is the administration’s third tariff statute in a year, and the first one that says the word “duties” out loud. NEW YORK, Sept. 28, 2026 – The Court of International Trade hears oral argument Wednesday morning in consolidated…
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China cuts duties on 1,619 lines of American farm goods and leaves the single largest one off the schedule, sending November futures below $13 and reopening the oldest wound of the trade conflict CHICAGO, Sept. 28, 2026 – China’s Ministry of Commerce announced Monday that it will reduce tariffs on a broad slate of American…