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Trade Dispute

All articles tagged with #trade dispute

Canada Retaliates with Broad Tariffs in Escalating US Trade Spat
business1 month ago

Canada Retaliates with Broad Tariffs in Escalating US Trade Spat

Canada will impose retaliatory tariffs on about C$27.6 billion of US imports, ranging from 15% to 50% and taking effect at 12:01 a.m. local time, in response to a 50% US tariff on Canadian goods. The measures cover steel, dairy, appliances, farming equipment, pulp and paper, and electronics, with exemptions for goods already in transit. The move underscores a widening trade confrontation tied to cultural protections in Quebec and broader diplomatic tensions between Ottawa and Washington.

Brazil-EU meat spat escalates as Brasília rejects audit demand and hints retaliation
world1 month ago

Brazil-EU meat spat escalates as Brasília rejects audit demand and hints retaliation

The EU ban on Brazilian meat over antibiotic use sparks a diplomatic row: Brazil’s EU ambassador says audits were unnecessary and warns that all options, including retaliation, are on the table, while Brussels defends its food-safety rules and notes that beef audits require guarantees; the dispute coincides with the provisional Mercosur-EU deal and ongoing antimicrobial rules affecting imports.

US investors press KORUS challenge over Coupang actions in Korea
business8 months ago

US investors press KORUS challenge over Coupang actions in Korea

U.S. investors led by Altimeter and Greenoaks accuse South Korea of violating the U.S.–Korea Free Trade Agreement by discriminating against Coupang in response to a 2025 data breach; the case triggers a 90-day cooling-off period that could lead to KORUS arbitration, while a separate 45-day clock under Section 301 could prompt a formal investigation, with more Coupang investors potentially joining.

U.S. Reduces Proposed Tariffs on Italian Pasta
world9 months ago

U.S. Reduces Proposed Tariffs on Italian Pasta

Italy announced that the US has significantly reduced proposed tariffs on Italian pasta companies after a review, with tariffs for La Molisana and Garofalo notably lowered, reflecting a recognition of cooperation. The original threat of high tariffs was an embarrassment for Italy, which exports over 4 billion euros worth of pasta annually, with the US market being a significant part.

China Imposes Up to 43% Tariffs on EU Dairy Products Amid Trade Dispute
world9 months ago

China Imposes Up to 43% Tariffs on EU Dairy Products Amid Trade Dispute

China has imposed provisional tariffs of up to 42.7% on EU dairy imports, citing concerns over EU subsidies that allegedly distort competition and harm China's domestic dairy industry, as part of a broader trade dispute between China and the EU involving tariffs on various goods. The tariffs vary based on cooperation with China's investigation, with higher rates for non-cooperative companies, amid ongoing tensions over trade practices and subsidies.

U.S. Tariffs Could Make Italian Pasta More Expensive or Scarce
business11 months ago

U.S. Tariffs Could Make Italian Pasta More Expensive or Scarce

The U.S. is considering a 107% import duty on Italian pasta, which could lead to higher prices or shortages of imported spaghetti in the U.S., as part of a trade dispute involving allegations of unfair pricing by Italian pasta exporters. The proposed tariffs could significantly impact American consumers and Italian exporters, with some companies potentially pulling out of the U.S. market.