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BUSINESS
July 6, 2011 | By Tim Johnson
U.S. and Mexican officials Wednesday resolved a cross-border long-haul trucking dispute that will lift punitive tariffs on about $2.4 billion in U.S. products. Under the agreement, which ends a nearly two-decade ban on Mexican trucks entering the United States, Mexico will halve the punitive customs duties within the next 10 days and remove the rest by the end of the summer. "The agreements signed today are a win for roadway safety and they are a win for trade," U.S. Transportation Secretary Ray LaHood said.
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BUSINESS
April 24, 2014 | By Don Lee
WASHINGTON -- The U.S. and Japan failed to reach agreement on free-trade talks as President Obama left Japan on Friday without the breakthrough needed to advance a key element of his broader agenda of strengthening America's hand in Asia. Despite a last-minute push through the night, the two sides could not bridge their differences on tariffs and market access, clouding the prospects for the proposed free-trade pact among a dozen nations that include the U.S., Japan, Canada and Mexico.
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BUSINESS
May 17, 2012 | By Don Lee
WASHINGTON -- The U.S. has decided to slap tariffs of 31% and higher on solar panels imported  from China for “dumping” them in the American market, the Commerce Department announced Thursday in a widely anticipated decision expected to have significant implications for this global renewable energy industry. After determining that Chinese solar panel businesses dumped their goods - that is, sold them at below a fair-market value - the Commerce Department said in a preliminary ruling that it would levy a duty of 31% to about 60 Chinese firms, including Suntech, the world's largest solar-panel maker.
BUSINESS
April 22, 2014 | By Don Lee
WASHINGTON - After more than four years and 20 rounds of negotiations, the world's biggest free-trade deal in a generation has come down in good part to this: the United States and Japan squabbling over beef. With President Obama due to arrive Wednesday in Tokyo for a two-day summit with Prime Minister Shinzo Abe, their aides have been pulling all-nighters in the hope of reaching a compromise on tariffs for beef and, to a lesser extent, pork and dairy products. The proposed 12-nation Trans-Pacific Partnership is seen as the centerpiece of Obama's promised re-balance in foreign policy priorities to fast-growing Asia-Pacific.
BUSINESS
March 21, 2012 | By David Pierson
China's state media said U.S. import tariffs imposed on Chinese solar panels are "sensible" and a "result of compromise" but warned that bilateral ties are still in jeopardy because of Washington's tougher stance on trade. A commentary published Wednesday afternoon by the official New China News Agency was the country's first response to the U.S. Commerce Department's decision Tuesday to slap tariffs of between 2.9% and 4.73% on Chinese solar panels because of illegal state subsidies.
NATIONAL
September 12, 2009 | Don Lee and David Pierson
In a decision that could roil trade tensions with Beijing, President Obama agreed Friday to impose hefty tariffs on tires imported from China. The decision came after the U.S. International Trade Commission, a federal agency, determined that a surge of Chinese-made tires had disrupted the domestic market and cost thousands of jobs in the U.S. Within 15 days, the U.S. would add a duty of 35% in the first year, 30% in the second and 25% in...
BUSINESS
September 13, 2009 | Don Lee
A White House official Saturday defended President Obama's decision to levy steep tariffs on tires from China, denying that it was an act of trade protectionism, as Chinese officials charged, or was intended to make a statement about the administration's broader strategy on trade policy. "This is certainly not an action directed against globalization," said the official, who requested anonymity when discussing White House thinking, a day after Obama moved to add a 35% duty on automobile and light-truck tires.
BUSINESS
December 16, 1993 | MICHAEL SCHRAGE
How about a public policy initiative that could simultaneously cut traffic congestion, reduce air pollution and accelerate technological innovation--all without costing California's taxpayers an extra penny? Too good to be true? No, just too obvious to be ignored. With but a smidgen of creativity, Pacific Bell and the state Public Utilities Commission could offer telecommunications tariffs that make it simpler and easier for California business to invest some energy and thought in telecommuting.
BUSINESS
July 4, 2002 | Bloomberg News
The U.S. said it will extend the process of excluding certain steel imports from tariffs of as much as 30%, a step that may head off a $350-million retaliation by the European Union. Although the exclusions were scheduled to conclude Wednesday, the Bush administration will continue the process on a "rolling basis" through August because of the volume of requests from U.S. steel importers and foreign producers.
WORLD
December 22, 2008 | Times Wire Reports
Riot police clubbed, kicked and detained dozens of demonstrators in the Pacific port of Vladivostok in a harsh crackdown on a protest that was one of dozens nationwide by people outraged over an increase in car import tariffs. Imported used cars are highly popular among Russians, particularly throughout the Far East. Hundreds rallied in Vladivostok on Saturday for the second weekend in a row, and several hundred demonstrators refused to disperse as ordered Sunday. Police hauled them into vans Several people were beaten, and at least 10 journalists were detained.
BUSINESS
July 4, 2013 | By Vincent Bevins and Chris O'Brien
SAO PAULO, Brazil - On a recent vacation to Orlando, Fla., from his home in Brazil, Tulio Avellar made sure to stop by such world famous tourist destinations as Walt Disney World and Universal Studios. But he also visited one of the most popular spots for anyone traveling from Brazil: the Apple store. The 23-year-old bought an unlocked iPhone 4S for $570 - about half its cost back home. Brazilians planning to visit the U.S. are often besieged by requests from friends and family to procure Apple products for them.
NEWS
July 3, 2013 | By Karin Klein
Clothing made in Bangladesh, the country's primary export and the product implicated in more than 1,200 workplace fatalities in the last year, won't be covered by President Obama's suspension of trade privileges for that country's goods -- because those products do not receive the special tax breaks to start with. It's natural to want to do something about a nation and an industry that have shown wanton disregard for the most basic kinds of safety measures, but it's unclear that this is the kind of measure that will matter.
BUSINESS
May 3, 2013 | Ricardo Lopez
There's a wrinkle in the outlook for expensive women's designer jeans. Europe has more than tripled a tariff on the high-end denim creations, which could snag the boom for pricey pants. Beginning Wednesday, the European Union duty on women's denim trousers manufactured in the United States jumped to 38% from 12%. The hike, if passed along to customers in the form of price increases, could put a damper on denim exports to Europe, currently a growing market for U.S. denim makers.
BUSINESS
December 8, 2012 | By Michael Doyle
WASHINGTON — California olive oil producer Pat Ricchiuti feels the squeeze of foreign competition. So do his counterparts in Texas, Georgia and a handful of other states. Now, with the help of congressional allies, these leading U.S. olive oil producers are forcing a closer look at a tough global market. In a U.S. International Trade Commission hearing this week, officials ratcheted up a yearlong investigation that could end up pitting importers against domestic producers and one country against another.
BUSINESS
July 5, 2012 | By Jim Puzzanghera and Christi Parsons, Los Angeles Times
The Obama administration ratcheted up trade tensions with China, filing an international complaint against tariffs that Beijing slapped on many large U.S.-made cars and sport utility vehicles late last year. The announcement came Thursday as President Obama launched a two-day bus tour in the suburbs of Toledo, Ohio, where one of the vehicles hit by the duties - Chrysler Group's Jeep Wrangler - is assembled. It was the second complaint the U.S. has filed against China this year amid charges from Republican presidential candidate Mitt Romney that Obama hasn't been tough enough on the Chinese.
BUSINESS
July 5, 2012 | By Jim Puzzanghera
WASHINGTON -- The U.S. has filed an international trade complaint against China for new duties it placed on many large American-made vehicles, the Obama administration announced Thursday. The duties, which range from 2% to 21.5%, are aimed at more than $3 billion in annual sales of cars and sport utility vehicles exported into China. The duties were slapped on the vehicles in December and are unfair, U.S. Trade Representative Ron Kirk said Thursday. “As we have made clear, the Obama administration will continue to fight to ensure that China does not misuse its trade laws and violate its international trade commitments to block exports of American-made products,” Kirk said.
BUSINESS
April 23, 2012 | By Ken Bensinger, Los Angeles Times
A simmering trade dispute is highlighting a debate about the kinds of jobs America can sustain in a greening economy. The Obama administration's recent decision to slap import tariffs on Chinese solar cells was hailed by some domestic solar manufacturers as a victory for job creation, leveling the field while also sending a powerful message to Beijing about monopolistic behavior in crucial industries. But a close look at the U.S. solar industry suggests that the tariffs may actually be a job killer because the vast majority of positions in the sector aren't on the assembly line.
NEWS
May 26, 1987 | Associated Press
The European Economic Community will slap tariffs on Japanese electronic goods if Japan ships them to Europe to avoid punitive tariffs in the United States, foreign ministers of the 12-nation body warned today. Separately, the ministers said the EEC, also known as the Common Market, will take "mirror image action" against the United States for any unilateral measure by Congress to curb European imports.
BUSINESS
May 18, 2012 | By Don Lee, Los Angeles Times
WASHINGTON - The Obama administration ordered tariffs of 31% and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry. The Commerce Department announced the stiff duties Thursday after making a preliminary finding that Chinese solar panel manufacturers "dumped" their goods - that is, sold them at below fair-market value. The widely anticipated ruling, if affirmed by U.S. trade officials this fall, is expected to have significant implications for both the global production of solar cells, now largely in China, and the growth of the solar energy industry in the U.S., which employs about 100,000 people in manufacturing, installation and services.
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