imports

US floats fees for Spanish ships, caps on olive oil imports over port dispute

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US floats fees for Spanish ships, caps on olive oil imports over port dispute

MADRID, – The US Federal Maritime Commission on Wednesday proposed imposing a $200,000 fee on Spanish-flagged ships calling at US ports and restricting Spanish imports including its biggest seller, olive oil. US floats fees for Spanish ships, caps on olive oil imports over port dispute The commission said that Spain created unfavourable conditions for US … Read more

Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

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Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

ASHEVILLE, N.C. — Treasury Secretary Scott Bessent says he’s urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances. Bessent says G20 countries should also use tariffs to protect their industries from cheap imports Bessent told reporters that … Read more