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Iran imposes 18% tariff on exports of raw steel, cement
Iran’s Ministry of Trade has imposed a tariff of 18% on exports of raw steel, cement and some key metals to prevent supply shortages and price rises that could cause problems for local industries.
US, EU agree to lift punitive tariffs
The United States and the EU agreed to lift punitive tariffs on imported European steel and aluminum, ending a dispute that strained their trade ties since former Donald Trump imposed the levies three years ago.
EU is planning to end US tariff battle with Biden
The European Union wants the United States to commit to end their aircraft-related tariffs next week, according to a draft statement seen by CNBC, as both sides look to get the transatlantic relationship back on track.
Zarif calls for speeding up of tariffs deal with Indonesia
Foreign Minister Mohammad Javad Zarif stressed the need to speed up the finalization of a preferential tariffs agreement with Indonesia, expressing Iran’s readiness to continue negotiations in this regard.
Tariff cuts lead to increase in Chabahar port activity: PMO
The reduction of port tariffs and the facilitation of goods transit through Chabahar port resulted in increasing the loading and unloading operations of the port during the last Iranian year (ending March 19), said the deputy head of the Ports and Maritime Organization (PMO).
Exports of Iranian goods under preferential tariffs to Eurasia up 85%
Exports of the commodities subjected to preferential tariffs from Iran to the Eurasian Economic Union (EEU) member states have risen 85 percent since October 2019, the Trade Promotion Organization of Iran (TPO) head announced.
EEU removes import tariffs on 10 Iranian products: Official
The Eurasian Economic Union (EEU) has removed tariffs for the import of 10 Iranian products, according to the head of Iranian National Union of Agricultural Products.
Iran to stand by tariffs on raw metal exports: Minister
Iran’s minister of industry said the government has no plans to revise a series of harsh tariffs imposed on exports of raw metals as the government seeks to gain more revenues through the export of finished products that could generate more added value for the country.
US tariff ambush risks pushing Brazil closer to China
US President Donald Trump’s surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro’s aim of forging closer ties with Washington and could push Latin America’s No. 1 economy closer to Trump’s top trade foe - China.
US consumer confidence hits 21-month low as tariff fears bite
Anxieties jumped among American consumers this month as President Donald Trump's trade wars dragged on, sending an index of consumer confidence to a 21-month low, survey data showed Tuesday.
US Fed ‘isn’t enough’ to offset damage of tariff skirmishes with China, Mexico
A dovish Federal Reserve can use tools such as rate cuts to lessen the damage of America’s tariff skirmishes with China and Mexico, but it is either limited in its effectiveness or in its motivations, two economists told CNBC on Thursday.
China’s economic activity weakens amid tariff war
China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth.
New NAFTA deal 'in trouble', bruised by elections, tariff rows
More than six months after the United States, Mexico and Canada agreed a new deal to govern more than $1 trillion in regional trade, the chances of the countries ratifying the pact this year are receding.
UN warns of 'massive' impact of tariff hike
A senior UN trade official warned a US plan to raise tariffs on Chinese goods next month would have ‘massive’ implications for the global economy.
Trump readies tariffs on $200b more Chinese goods
US president Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on Friday.

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