tariff
Trump drone tariffs: Who is impacted?
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Trump slaps a 100 percent tariff on heavy and 'sensitive' drones
President Trump has imposed tariffs up to 100 percent on drones that are "particularly sensitive" for national security, the White House announced. The move will force operators to find other suppliers or settle for models with lesser capabilities than the Chinese drones that dominate the market in the US. The White House will impose a 100 percent tariff on drones over 25kg (55 pounds), or those equipped with docking stations or thermal imaging capabilities. Those include commercial models from DJI and others used for operations like power line inspection, crop spraying and search and rescue. Drones under 25kg will be hit with a 25 percent tariff, and a 15 percent levy will be applied to models from the EU, Japan, Korea, Switzerland and Taiwan, provided their components are primarily made in those countries.
US says dozens of countries helped China dodge Trump's tariffs
US says dozens of countries helped China dodge Trump's tariffs The White House said in a report on Thursday that more than 40 countries have helped China sidestep US tariffs by routing exports through nations that face lower American import duties. The countries named include Canada, India, Mexico, Japan and South Korea, which the White House said had helped China evade tens of billions of dollars in tariffs. White House trade adviser Peter Navarro said it had cost American jobs and billions in revenue. A spokesperson for the Chinese embassy in Washington said in response to BBC queries that trade wars have no winners and that it opposes the US' tariff measures and the use of state power to target China's companies. The spokesperson added that any unilateral actions or agreements concerning transshipped goods must not target or harm the interests of third parties.
Trump orders new 15% tariff on key material for solar panels and microchips
Solar panels arranged on the rooftop of an industrial park in Jimo, Qingdao, in eastern China's Shandong province. Solar panels arranged on the rooftop of an industrial park in Jimo, Qingdao, in eastern China's Shandong province. Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China. The new tariff, which will take effect on 4 December, is aimed at supporting US chip and solar panel supply chains to compete with Beijing on artificial intelligence and energy. The executive order signed by the president on Thursday evening said: "The plan of action in this proclamation will, among other things, help ensure the commercial viability of United States production of polysilicon and its derivatives that is necessary to meet United States economic and national security requirements."
Trump's New Tariffs on Over 80 Countries, Explained
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