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The Treasury secretary, Steven Mnuchin, said negotiations with Chinese officials had borne fruit, so Washington and Beijing could step back from imposing punishing tariffs on each other's exports.
Late last year, as trade hawks in the administration started pressing their case for imposing punishing tariffs, Mnuchin reportedly joined Cohn in arguing to Trump the move could spook investors and sap momentum from the tax cuts.
He condemned the United States for imposing punishing economic sanctions on Iran, for using missile-firing drone aircraft against "innocent people" and for threatening military action against Iran.
"State and local governments are increasingly using civil forfeiture, and imposing punishing fines and fees, in order to fund their operations," said Wesley Hottot, an expert in civil asset forfeiture at the Institute for Justice who also represents Timbs.
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"It imposes punishing costs.
In his political youth, as information minister under the Serbian former strongman Slobodan Milosevic, he imposed punishing fines on independent journalists who opposed the regime.
Meanwhile cash-strapped clinical commissioning groups demand more for less from their local providers and Monitor imposes punishing and unachievable efficiency tariffs.
A subsequent panel ruled that, given the most recent cotton trade statistics, Brazil had the right to impose punishing trade measures worth more than $800m£500m0m) against the US.
Under the current deal, the government of Prime Minister Valdis Dombrovskis has imposed punishing austerity measures, including reducing public sector wages by 50 percent, in an effort to cut the nation's budget deficit.
Under the current deal, the government of Prime Minster Valdis Dombrovskis has imposed punishing austerity measures, including slashing public sector wages by 50 percent, in an effort to cut the nation's budget deficit.
Mr Fox's argument is that EU leaders won't want to impose punishing new tariffs on British goods and services for fear of harming their own economy.
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