expected to meet again in September<\/a>.<\/p>\nSome Chinese exporters say, however, the impacts are limited as the latest U.S. tariffs on China remain at lower levels than last year\u2019s rates, which were initially 34%.<\/p>\n
\u201cOf course it\u2019d be best if they (the tariffs) are not there,\u201d said Richard Chan, manager of Golden Arts Gifts & Decor, which manufactures Christmas trees and decorations in the southern Chinese city of Dongguan and supplies globally to those including Walmart.<\/p>\n
Golden Arts\u2019 share of sales to the U.S., however, already have fallen as U.S. tariffs added more uncertainty. They have pivoted more to Europe, which now accounts for roughly 70% of their sales, Chan said.<\/p>\n
The latest import duties might stick<\/p>\n
Wendy Cutler, a former senior U.S. trade official, said the latest round of tariffs involved \u201cfew surprises\u201d since they range just between 10% and 12.5%. <\/p>\n
The U.S. Trade Representative\u2019s office spent four months investigating the basis for those tariffs to meet legal requirements under Section 301 of the U.S. Trade Act of 1974. <\/p>\n
\u201cTime will tell whether the third attempt to impose tariffs is the charm and this action stands up to legal challenges,\u201d said Cutler, senior vice president of the Asia Society Policy Institute.<\/p>\n
These duties are less likely than earlier ones to be overruled by U.S. courts, she said.<\/p>\n
Further tariffs may be coming in the fall related to alleged structural excess capacity of trading partners, she noted. <\/p>\n
Experts say these tariffs may be less disruptive<\/p>\n
Washington has generally tended to engage in increased trade friction, William Bratton of BNP Paribas said in a research note Friday. <\/p>\n
\u201cOn the positive side, however, these tariffs are lower than the earlier (Emergency Powers Act) \u2018reciprocal\u2019 tariffs and appear to exempt a substantial proportion of Asia\u2019s current trade flows with the U.S.,\u201d he said. <\/p>\n
The Trump administration has made tariff exceptions, however, including imported goods that the U.S. does not produce, Cutler noted. <\/p>\n
\u201cThis should reduce the impact of these duties. Nevertheless, they will contribute to higher prices both for end consumers and businesses importing inputs and machinery,\u201d she said.<\/p>\n
Immediate pushback, legal and political <\/p>\n
There was immediate pushback, both legally, and politically. <\/p>\n
The Liberty Justice Center, a libertarian advocacy group that successfully challenged earlier Trump tariffs, filed a lawsuit in the U.S. Court of International Trade in New York, challenging the double-digit import taxes that Trump imposed Friday.<\/p>\n
The group called the new tariffs a pretext to allow Trump to maintain a wall of tariffs around the U.S. economy after the Supreme Court struck down big global taxes he\u2019d imposed last year.<\/p>\n
\u201cThe administration allowed one global tariff to expire and immediately replaced it with another under a different statute,\u201d said Sara Albrecht, chair of the center. \u201cChanging the statute doesn\u2019t change the law. Every tariff authority has limits, and every administration must respect them.\u201d<\/p>\n
Her group represented businesses that successfully challenged Trump\u2019s 2025 global tariffs.<\/p>\n
Rep. Linda Sanchez, a California Democrat questioned the reasons for the latest slew of tariffs. <\/p>\n
\u201cIf he was serious, he would not be applying the same tariff rate to China, one of the worst forced labor abusers in the world, as he does to countries like Australia,\u201d she said. \u201cThen again, unlike China, Australia doesn\u2019t manufacture any Trump corporation products.\u201d<\/p>\n
Sen. Kirsten Gillibrand, D-N.Y., said Americans will be the ones paying for the new tariffs. <\/p>\n
\u201cInstead of continuing his disastrous tariff scheme, the president must put the American people first and revoke these harmful policies that are making everyday Americans\u2019 lives flat-out unaffordable,\u201d Gillibrand said. \u201cAt home in New York and across the country, people are struggling, and they need relief.\u201d<\/p>\n
___<\/p>\n
Chan reported from Hong Kong. Associated Press writers Tong-hyung Kim in Seoul, South Korea, Mari Yamaguchi in Tokyo and Eileen Ng in Kuala Lumpur, Malaysia, Grant Peck in Bangkok and Ken Moritsugu in Beijing, as well as AP Economics Writer in Washington, and AP Business Writer Michelle Chapman in New York, contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"BANGKOK (AP) \u2014 U.S. President Donald Trump\u2019s latest set of tariffs drew immediate objections from America\u2019s trading partners…\n","protected":false},"author":3,"featured_media":955121,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4,3],"tags":[13214,4740,46249,59906,64,74,79979,70080,69,12042,270948,57,86,13790,170,120,23286,196812,385002,200797,23133,50,80,385000,385001,16618,67,370,132,68,66992,49220,107,11762],"class_list":["post-957010","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","category-us","tag-asia-pacific","tag-australia","tag-australia-government","tag-bnp-paribas-sa","tag-business","tag-china","tag-christopher-luxon","tag-don-farrell","tag-donald-trump","tag-economic-policy","tag-forced-labor","tag-general-news","tag-government-policy","tag-international-trade","tag-japan","tag-kaja-kallas","tag-kirsten-gillibrand","tag-lin-jian","tag-linda-sanchez","tag-minoru-kihara","tag-new-zealand","tag-news","tag-politics","tag-richard-chan","tag-sara-albrecht","tag-tariffs-and-global-trade","tag-united-states","tag-united-states-government","tag-unitedstates","tag-us","tag-wendy-cutler","tag-william-bratton","tag-world-news","tag-xi-jinping"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/957010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=957010"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/957010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/955121"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=957010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=957010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=957010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}