Trump's many trade wars: a summary

Jul 20, 2018 - 10:38 AM

US president is picking international trade fights in many fronts

TRADE WARS.  US President Donald Trump has been waging battles on trade in many fronts. AFP Photo

Trade war ramps up as U.S. threatens $200B in Chinese goods

Jul 11, 2018 - 1:04 PM

(UPDATED) Reacting to the 'totally unacceptable' Washington list, the commerce ministry in Beijing says it will be forced to take 'countermeasures'

TRADE WAR. In this file photo, US Trade Representative Robert Lighthizer speaks during the 11th Ministerial Conference of the World Trade Organization (WTO) plenary session in Buenos Aires, Argentina, on December 11, 2017. File photo by Eitan Abramovich/AFP

Trump unleashes trade war with tariffs on China

Jul 06, 2018 - 1:15 PM

(UPDATED) Economists have warned that the tit-for-tat measures could throttle global growth and strike at the heart of the world trade system, causing shockwaves across the planet

Canada hits back at U.S. with tariffs on metals, bourbon, orange juice

Jun 30, 2018 - 1:43 PM

The tit-for-tat duties are a response to the punishing US steel and aluminum tariffs imposed at the start of June

TIT FOR TAT. In this file photo taken on June 8, 2018, US President Donald Trump (L) and Canadian Prime Minister Justin Trudeau hold a meeting on the sidelines of the G7 Summit in La Malbaie, Quebec, Canada. Photo by Saul Loeb/AFP

EU slaps tariffs on U.S. as trade war erupts

Jun 22, 2018 - 2:13 PM

The tariffs will further fuel jitters on world stock markets that are already alarmed by trade tensions between the United States and China

File photos from AFP, Shutterstock

China accuses Trump of 'blackmail' after new tariffs threat

Jun 19, 2018 - 1:55 PM

'If the US acts irrationally and issues a list, China will have no choice but to take comprehensive measures of a corresponding number and quality and take strong, powerful countermeasures'

Trump threatens to send 25 million Mexicans to Japan

Jun 16, 2018 - 3:14 PM

The Wall Street Journal reports that Trump described migration as a big problem for Europe. He then told Japan's Abe: "Shinzo, you don't have this problem, but I can send you 25 million Mexicans and you'll be out of office very soon."

ALLIES. Japan's Prime Minister Shinzo Abe speaks during a joint press conference with US President Donald Trump in the Rose Garden of the White House on June 7, 2018 in Washington, DC. Photo by Mandel Ngan / AFP

Trump ignites trade war with China, triggering swift retaliation

Jun 15, 2018 - 10:16 PM

(UPDATED) Making good on a pledge to punish the alleged theft of American intellectual property, Trump warns in a statement of 'additional tariffs' if China hits back with tit-for-tat duties on American goods and services exports

Trump prepares China tariff target list as confrontation escalates

Jun 15, 2018 - 10:44 AM

Imposing the tariffs would escalate the trade confrontation with Beijing, and potentially set off a round of tit-for-tat retaliation, which economists warn would damage the global economy

US TRADE. In this file photo, US President Donald Trump meets with business leaders in the Roosevelt Room at the White House in Washington, DC, on January 23, 2017. File photo by Nicholas Kamm/AFP

U.S. blames Canada for G7 fiasco, says Trudeau 'stabbed us in the back'

Jun 10, 2018 - 8:31 AM

(UPDATED) US President Donald Trump takes exception to comments made by Canada's Prime Minister Justin Trudeau at a news conference on the ground in Quebec

G7 SUMMIT. G7 leaders pose for the family photo during the G7 Summit on June 8, 2018 in La Malbaie, Canada. From left are European Council President Donald Tusk, British Prime Minister Theresa May, German Chancellor Angela Merkel, US President Donald Trump, Canadian Prime Minister Justin Trudeau, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Italian Prime Minister Giuseppe Conte, and European Commission President Jean Claude Juncker. Photo by Pool/AFP

China warns U.S. against tariffs as trade talks end

Jun 03, 2018 - 7:01 PM

'If the US introduces trade sanctions including tariff increases, all economic and trade achievements negotiated by the two parties so far will be void,' the Chinese government says in a statement

EU joins global battle against Trump tariff onslaught

Jun 02, 2018 - 3:22 PM

Brussels and Ottawa filed legal challenges at the WTO against Washington's decision. The EU, Canada and Mexico also threatened stiff retaliatory tariffs as they pushed back against Trump's moves.

TRADE WAR. Steel is loaded onto a truck for shipping at the NLMK Indiana steel mill on March 15, 2018 in Portage, Indiana. Photo by Scott Olson / Getty Images North America / AFP

World on brink of trade war as U.S. slaps tariffs on allies

Jun 01, 2018 - 7:27 PM

Washington angers its major allies by slapping duties of 25 percent and 10 percent on imports of aluminium and steel

TIT FOR TAT. Levi's clothes are seen on the day President Donald Trump placed tariffs on steel and aluminum imports and European Union responded by warning that it would target iconic American brands such as Levi's. Photo by Joe Raedle/Getty Images/AFP

U.S. to impose steel, aluminum tariffs on EU, Canada, Mexico

Jun 01, 2018 - 10:41 AM

The announcement sparks immediate angry reactions from key allies

Gov't to support farmers amid moves to lift rice import quotas

Jun 01, 2018 - 9:55 AM

(UPDATED) Lifting rice import quotas means cheaper rice for consumers, but may hurt Filipino farmers if they can't compete with their counterparts in countries like Vietnam

RICE TARIFFICATION. Even if 250,000 MT of imported rice is scheduled to arrive in May, the government says this will not be able to meet the country's rice demand in the succeeding months

Philippines hopes to pass rice tariffication law in 2018

Apr 24, 2018 - 7:00 PM

The rice tariffication bill aims to amend the present agricultural policy, which allows the National Food Authority to monopolize rice importation

RICE TARIFFICATION. Even if 250,000 MT of imported rice is scheduled to arrive in May, the government says this will not be able to meet the country's rice demand in the succeeding months

EU asks WTO for safeguards over U.S. steel, aluminum tariffs

Apr 17, 2018 - 4:37 PM

'In these discussions, the European Commission is insisting on getting a full and unconditional exemption from the announced steel and aluminum tariffs'

Tech sector frets as U.S.-China trade tensions simmer

Apr 08, 2018 - 10:10 AM

Some industry leaders fear the technology sector would be dragged into the dispute between the United States and China

U.S. lists $50 billion in Chinese imports facing tariffs

Apr 04, 2018 - 11:10 AM

The list – which includes electronics, aircraft parts, satellites, medicine, machinery and other goods – has yet to be finalized

WTO CRITIC. US Trade Representative Robert Lighthizer speaks during the 11th Ministerial Conference of the World Trade Organization (WTO) plenary session in Buenos Aires, Argentina, on December 11, 2017. Eitan Abramovich/AFP

U.S. blasts 'unfair' Chinese tariffs on 128 products

Apr 03, 2018 - 9:46 AM

The levies are in response to tariffs of 10% on aluminum and 25% on steel that have also angered United States allies

WHITE HOUSE. The White House has unveiled plans to impose new tariffs on about $60 billion of Chinese imports over the 'theft' of intellectual property. File photo from Wikipedia Commons

China slaps retaliatory tariffs on 128 U.S. products

Apr 02, 2018 - 2:18 PM

China's move follows weeks of rhetoric that has raised fears of a trade war between the world's two biggest economies

TARIFFS. In this file photo taken on March 10, 2018 a worker leaves US Steel Edgar Thomson Steel Works in Braddock, Pennsylvania. File photo by Drew Angerer/Getty Images/AFP

China threatens U.S. with tariffs, says it's 'not afraid of trade war'

Mar 23, 2018 - 4:58 PM

Beijing unveils a hit list of products that could face duties of up to 25%, from fresh fruit to pork and wine, though it stopped short of pulling the trigger as it indicated its readiness to negotiate an agreement

Trump suspends metal tariffs for key U.S. trade partners

Mar 23, 2018 - 11:19 AM

The suspension until May 1 covers EU member states, Argentina, Australia, Brazil, Canada, Mexico, and South Korea

SUSPENSION. In this file photo, US President Donald Trump speaks as he meets with House Republican leaders and Republican members at the White House in Washington, DC, on November 2, 2017. File photo by  Nicholas Kamm/AFP

Trump to EU: We'll drop our tariffs if you drop yours

Mar 11, 2018 - 9:02 AM

The EU's top trade official says the US failed to provide full clarity on how Europe and Japan could be spared set to continue next week

TIT-FOR-TAT. US trades tariff threats with the EU. File photo by Drew Angerer/Getty Images/AFP

EU says no 'immediate' clarity from US on trade tariffs

Mar 11, 2018 - 12:02 AM

(UPDATED) Trump's new tariffs has stung the European Union, along with other major partners, and triggered warnings of an all-out international trade war

ALUMINUM TARIFF. In this file photo taken on December 12, 2014, an employee checks an aluminum roll at the Constellium factory in Biesheim, eastern France. Photo by Patrick Hertzog/AFP

U.S. working to spare Australia tariffs – Trump

Mar 10, 2018 - 12:22 PM

'Working very quickly on a security agreement so we don't have to impose steel or aluminum tariffs on our ally, the great nation of Australia!' says Trump

TRADE. US President Donald Trump walks to Marine One prior to departure from the South Lawn of the White House in Washington, DC, February 16, 2018, as he travels to Florida for the weekend. Photo by Saul Loeb/AFP

Trump signs sweeping tariffs, defying trade war warnings

Mar 09, 2018 - 9:58 AM

(UPDATED) US President Donald Trump says the tariffs will not initially apply to Canada and Mexico, and that close partners on security and trade could negotiate exemptions

Trump steps up trade threats as Cohn resigns in protest

Mar 07, 2018 - 3:56 PM

The White House downplays the idea that economic advisor Gary Cohn resigned over more aggressive trade policies

GARY COHN. In this file photo, Gary Cohn, chief economic advisor to US President Donald Trump, speaks after Trump announced the Air Traffic Control Reform Initiative in the East Room at the White House in Washington, DC, on June 5, 2017. File photo by Nicholas Kamm/ AFP

Mexico vows U.S. steel tariff retaliation

Mar 07, 2018 - 8:48 AM

'We would have to target our response at the things they export that are most politically sensitive and hit exactly those goods. We have the ability to respond,' says Economy Minister Ildefonso Guajardo

NAFTA RENEGOTIATION. (L-R) Mexico's Secretary of Economy Ildefonso Guajardo Villarreal, Canada's Minister of Foreign Affairs Chrystia Freeland, and United States Trade Representative Robert E. Lighthizer gather for a trilateral meeting at Global Affairs on the final day of the third round of the NAFTA renegotiations in Ottawa, Ontario, September 27, 2017. Lars Hagberg/AFP

Trump vows Mexico, Canada steel tariffs without 'fair' NAFTA deal

Mar 06, 2018 - 10:28 AM

The US leader links his planned steel and aluminum tariffs to the ongoing talks with Mexico and Canada in his latest anti-NAFTA rampage on Twitter

US President Donald Trump speaks during the swearing-in of the White House senior staff at the White House on January 22, 2017, in Washington, DC. Mandel Ngan/AFP

China 'won't sit idly by' if US harms trade

Mar 04, 2018 - 1:55 PM

(UPDATED) 'China doesn't want a trade war with the United States,' says China National People's Congress spokesman Zhang Yesui

CHINA RESPONDS. China leader Xi Jinping delivers a speech at the opening session of the Chinese Communist Party's Congress at the Great Hall of the People in Beijing. File photo by Nicolas Asfouri/AFP

China's foreign minister slams Trump tariffs on steel, aluminum

Mar 03, 2018 - 7:41 PM

'Many European countries and Canada have all said they cannot accept this,' adds Foreign Minister Wang Yi

US TARIFFS. In this file photo, Chinese Foreign Minister Wang Yi speaks during a joint press conference with Russian Foreign Minister Sergey Lavrov at the Ministry of Foreign Affairs in Beijing on April 29, 2016. Photo by Greg Baker/AFP

Ad-hoc Trump fuels White House meltdown

Mar 03, 2018 - 2:00 PM

Trump's off-the-cuff enticement of a global trade war and calls for limits on the right to bear arms cleave a schism between the president and his Republican backers, spark a stock market sell-off, and prompt threats of retaliatory sanctions from across the globe

TARIFFS. US President Donald Trump speaks on steel and aluminum tariffs watched by Dave Burkitt (R) of US Steel Corporation during a meeting with industry leaders in the Cabinet Room of the White House on March 1, 2018. Photo by Mandel Ngan / AFP

Overruling objections, Trump announces steep aluminum, steel tariffs

Mar 02, 2018 - 9:55 AM

Meeting at the White House with industry representatives, US President Donald Trump announces tariffs of 25% on steel and 10% on aluminum, materials that are the lifeblood of the construction and manufacturing sectors

DONALD TRUMP. In this file photo, US President Donald Trump speaks during a briefing on hurricane relief efforts in Dallas, Texas, on October 25, 2017. File photo by Jim Watson/AFP

South Korea's Moon urges 'stern' response to new U.S. tariffs

Feb 19, 2018 - 4:00 PM

The trade frictions have strained ties at a time when Seoul and Washington are seeking to present a united front against North Korea's nuclear threat

MORE TARRIFS. This file photo taken on January 6, 2016 shows an exhibitor demonstrating an Inverter Direct Drive washing machine at the LG exhibit during the 2016 Consumer Electronics Show in Las Vegas, Nevada. David McNew/AFP

Trump angers China, South Korea with new trade tariffs

Jan 23, 2018 - 3:45 PM

US President Donald Trump approves steep tariffs on imports of solar panels and washing machines to protect US producers

FACING TARIFFS. This file photo taken on January 6, 2016 shows an exhibitor demonstrating an Inverter Direct Drive washing machine at the LG exhibit during the 2016 Consumer Electronics Show in Las Vegas, Nevada. David McNew/AFP

ASEAN business summit to discuss reduction of non-tariff barriers

Nov 05, 2017 - 10:00 PM

The 3-day summit will press for the tearing down of non-tariff barriers – which include quotas and levies – as a way to push the region's further integration

FURTHER INTEGRATION. Other than the reduction on non-tariff barriers, the ASEAN council will also seek greater connectivity to improve logistics and movement of people in the region. File photo by Tang Chhin Sothy/AFP

NY Times: Hit PH with trade tariffs over deadly drug war

Mar 27, 2017 - 11:39 AM

UPDATED A more consequential action other countries could make to protest the war on drugs is to impose tariffs on Philippine goods a New York Times editorial says

CRIME SCENE. A crime scene during an operation part of Oplan Tokhang, November 2016. Photo by Rob Reyes/Rappler

Balikbayan boxes tax-free starting Christmas

Dec 10, 2016 - 2:32 PM

Balikbayan boxes sent by qualified Filipinos abroad will be duty and tax free starting Christmas Day December 25

On balikbayan boxes: Why not implement tax exemption ceilings now?

Nov 14, 2016 - 7:00 PM

Hindi kasalanan ng mga OFWs natin kung natagalan ang pagbuo ng impementing rules for the CMTA says Senator Ralph Recto

Senator Ralph Recto said that the Bureau of Customs must already implement the new tax exemption ceilings for balikbayan boxes, in accordance with the new Customs Modernization and Tariff Act, even with the absence of implementing rules and regulations. Photo of Recto by Camille Elemia; balikbayan box by Bureau of Customs

Implement new tax exemption rules on balikbayan boxes – Angara

Nov 12, 2016 - 2:53 PM

Senator Juan Edgardo Sonny Angara says this will help overseas Filipino workers OFWs sending home goods for Christmas

TAX EXEMPTION. A new law imposes a higher tax exemption ceiling on balikbayan boxes. File photo from the Bureau of Customs

Bashed on trade, China may benefit from President Trump

Nov 10, 2016 - 9:15 PM

Some analysts say US protectionism under the Trump administration might mean new opportunities for Beijing

A Chinese worker loads steel tubes onto a truck at a logistics center in Lianyungang in east China's Jiangsu province on November 8, 2016.  Chinese exports sank for a seventh consecutive month in October, data showed on November 8, as weak global demand dealt a blow to the world's number two economy following recent signs of stability. / AFP PHOTO / STR / China OUT

Customs: No taxes for certain shipments under P10,000

Oct 11, 2016 - 8:10 PM

This is good news for Filipinos who can now fully enjoy their small purchases from other countries says Customs Commissioner Nicanor Faeldon

In this photo taken November 8, 2012, a crane stacks shipping containers at the international container port in Manila. Philippine exports rose by a surprising 22.8 percent in September, staging a recovery after the massive fall in the previous month, the government said on November 13. AFP PHOTO / JAY DIRECTO / AFP PHOTO / JAY DIRECTO

DOF sets up website to consult public on BOC modernization law

Aug 29, 2016 - 3:30 PM

The Customs Modernization and Tariff Act is envisioned to transform how the Bureau of Customs is run

epa04900345 Filipino customs officers unload confiscated sugar from container vans at Port of Manila, Philippines, 27 August 2015. According to reports, the Filipino Bureau of Customs (BOC) has seized more than 50 container vans with smuggled sugar in Manila. EPA/MARK R. CRISTINO

IFC, Canada and Clean Tech Fund invest $161M in Visayas biomass plants

Aug 19, 2016 - 3:27 PM

The investment will be channeled into plants being built by Bronzeoak in San Carlos Manapla and La Carlota in Negros Occidental which will produce 70 megawatts of energy

Customs holds release of misdeclared shipment from China

Aug 03, 2016 - 3:22 PM

The goods declared as household wares turn out to be cosmetics and apparel without prior clearance from the Philippine Food and Drug Administration

MANILA PORT. The busiest port in the Philippines. File photo by Jay Directo/Agence France-Presse

Aquino signs law increasing tax-exempt value of balikbayan boxes

May 31, 2016 - 7:04 PM

UPDATED President Benigno Aquino III signs the Customs Modernization and Tariff Act which is expected to reduce corruption in the Bureau of Customs as well as technical smuggling in the country

GOOD FOR OFWS. With the new law, OFWs will now pay less whenever they send balikbayan boxees to their loved ones in the Philippines. File photo by Jay Directo/AFP

A step in the right direction for renewables in the PH

May 29, 2016 - 3:30 PM

The National Renewable Energy Board s additional incentives for the energy sector will allow solar plants to get a return on their investment and will pave the way for cheaper renewables

SOLAR. Nation's largest solar farm as of February 2016. Photo by Solar Philippines

Energy chief to Al Gore: PH already changing its energy thinking

Mar 30, 2016 - 8:00 PM

The energy department insists the country is on its way toward weaning itself off coal through a balanced fuel mix policy and awareness by leaders that clean energy is vital

Citicore Power inaugurates new 18 MW solar plant in Bataan

Mar 08, 2016 - 6:21 PM

This is Citicore’s second successfully completed solar plant this year

photos from Megawide Corp