@ISIDEWITHQuestionseconomyStarted 7yrs agoActive 3mos ago

Should the government add or increase tariffs on products imported into the country?

A tariff is a tax on imports or exports between countries.

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Answer Overview

Response rates from 1k Trento voters.

34% Yes	66% No
26% Yes	49% No
5% Yes, this will help create and save more jobs	11% No, a global free trade system is better for our businesses and consumers
3% Yes, our country has been on the losing side of trade deals for too long	6% No, this will hurt our manufacturing businesses that rely on importing cheap resources to make their products

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Stay up-to-date on the most recent “Tariffs” news articles, updated frequently.

@ISIDEWITH submitted…3mos3MO

EU to hit Teslas imported from China with 19% tariffs

The European Commission said on Tuesday that Teslas manufactured in China could be subject to an additional levy of 9 per cent on top of existing duties of 10 per cent applied to all foreign-made cars. The announcement comes after Tesla requested an individual investigation into its operations in China in the hope of avoiding the higher rates that Brussels has applied to Chinese manufacturers of up to 47 per cent. Elon Musk’s car company had also complained to European capitals about the probe, an EU diplomat said.After an initial assessment, the commission announced in June that Chinese vehicle manufacturers including BYD and Geely could be subject to higher-than-expected tariffs of up to 48 per cent on cars imported into the bloc. On Tuesday, it marginally lowered these rates after the Chinese companies provided more information. The maximum additional levy was reduced by about 1 per cent.

@ISIDEWITH submitted…3mos3MO

China urges US to 'immediately' lift all tariffs on Chinese goods

The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles.The U.S. is expected to make its final determination in the coming days after delaying a decision twice, as it continued to review proposed modifications to levies on Chinese goods imposed under former president Donald Trump in 2018 and 2019.Initially, the higher duties of 100% on EVs, 50% on semiconductors and solar cells, and 25% on lithium-ion batteries and key minerals, steel and aluminium, ship-to-shore cranes and syringes were due to take effect on Aug. 1.

@ISIDEWITH submitted…3wks3W

Trump's Potential Tariffs Spark Global Trade Concerns

There is growing concern in foreign capitals about the possibility of Donald Trump imposing tariffs on imported goods if he returns to the White House. These fears are particularly pronounced in the UK, where officials are hoping to avoid being targeted by such measures. Trump's trade policies, which…

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