Japan reacted to the new tariffs with trade barriers of its own.
"The case of a new tariff against Chinese imports is most scary for us."
It is too early to tell if the new tariffs will significantly cut into sales, he said.
The new American tariffs will not go into effect until next month.
Isn't that what all the new tariffs are about, paying them to run off the pirates?
Let's suppose, then, that the new tariffs go into effect.
The American textile industry had sought to phase in the new tariffs over 15 years.
The new tariff applies only to imports above the average level of the last three years.
The new tariffs would require several levels of approval by member states before taking effect.
Companies are to file new tariffs with the commission by May 1.