Trade War

Proposed fuel export tax triggers multiple responses in retaliation Have Washington Democrats in the legislature started a trade war? Their $16.8 billion transportation package includes raising taxes on Oregon, Idaho, and Alaska citizens via a tax on exported fuels. It is expected to raise $2 billion over 16 years. Washington…

PORTLAND, Maine (AP) — China has failed to live up to its promise to buy more Maine lobster under a deal that opened the door to an easing of a trade war under former President Donald Trump, Maine’s congressional leaders say. Maine’s lobster industry was hurt by retaliatory Chinese tariffs…

Published: 11:30pm, 9 Feb, 2022 Updated: 9:04am, 10 Feb, 2022 Read More

Chip startups raked in a record $19.4bn in funding last year in a boom market driven by semiconductor shortages and trade wars. In numbers shared with The Register, S&P Global Market Intelligence said the funding for chip startups grew by 8 per cent from 2020. It was a historic high…

News CapRoyale is a brand new strategy game where you will be tasked with winning the trade war. It will see you competing with real players in a common market, where you will have to open new stores and build factories to grow your business. You will have to sabotage…

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The Canadian government is threatening a trade war against the U.S. if President Biden’s mammoth social welfare and climate bill includes a lucrative tax credit for elective vehicles made by union workers in America. Chrystia Freeland, Canada’s deputy prime minister, sent a letter on Friday to Senate leaders threatening retaliatory…

French President Emmanuel Macron insisted Friday that he would not "abandon" fishermen demanding post-Brexit licences for waters off the Channel island of Jersey, escalating a battle of words that could spiral into a trade war. "We are going to continue to fight, we will not abandon our fishermen," Macron told…

In business, China is becoming a world unto itself THE TRADE war between America and China paradoxically brought some of the countries’ citizens closer together. Ben Kostrzewa, a trade lawyer for Hogan Lovells, moved from Washington, DC, to Hong Kong to help his corporate clients navigate duties, sanctions and export…

Wednesday 10 November 2021 12:14 pm A Stormont minister said this morning that if the EU triggers a trade war in the Irish Sea border dispute, it would be a political bid to weaken Northern Ireland’s place in the UK,. DUP Agriculture Minister Edwin Poots was responding to suggestions that…