Posts tagged as Chinese imports

US tariffs on Chinese imports may affect Lithuanian consumers

By Economists on Wednesday, September 26, 2018

Economists say that US President Donald Trump’s tariffs on Chinese imports may, in the long run, affect Lithuania’s economy, too. Swedbank Lithuania’s chief economist Nerijus Maciulis says that even though Lithuania exports almost no products to China or the US, a trade war may have an indirect impact on the country as much of its exports go to other EU markets, which depend on trade relations between the two economic powerhouses. “Even if these…

China warns U.S. is ‘opening fire’ on the world with tariff threats

Thursday, July 5, 2018

The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect, as Beijing ramped up the rhetoric in the heated dispute. The Trump administration’s tariffs on $34 billion of Chinese imports are due to go into effect at 0401 GMT on Friday, which is just after…