Trump cools trade war with China, but other nations plan nearly $3.5B in tariffs on US goods

Though President Donald Trump has paused his trade war rhetoric against China, other nations plan to levy retaliatory tariffs on U.S. goods, reports Fortune.

Advertisement

In response to U.S. tariffs on steel and aluminum imports, the European Union has threatened to tax up to $1.6 billion of U.S goods. Russia has threatened $537.6 million in tariffs; Turkey has threatened $266.6 million; Japan has threatened $264.3 million; and India has threatened $165.6 million.

These countries have filed complaints about the U.S. tariffs with the World Trade Organization.

“As a matter of principle, we will talk about everything with a friendly country that respects WTO rules,” said French President Emmanuel Macron, according to Fortune. “But, by the same principle, we won’t talk about anything while there’s a gun pointed at our head.”

More articles on business:

GE spins off transportation business with $11.1B deal
Amazon pays employees up to $5k to quit: 4 things to know
Twitter CEO pushes for Bitcoin to become internet standard currency

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.