Parkdale Mills CEO Andy Warlick said: “Those who have defended free trade have unwillingly been supporters of blatant mercantilism. The only thing free has been their access to the U.S. market, something we do not enjoy in their markets due to high tariffs, a devalued currency that makes us too expensive, or VAT taxes that … Read More

The United Auto Workers union on Tuesday hailed President Trump’s new tariffs, saying it’s necessary “to end the free trade disaster.” There’s been a lot of talk of these tariffs ‘disrupting’ the economy. But if corporate America chooses to price-gouge the American consumer or attack the American worker because they don’t want to pay their … Read More

According to data from the European Commission and the WTO, 30 to 50 percent of clothing sold in the EU is still made within the 27-nation bloc, despite proximity to low-cost production hubs. In the U.S., by comparison, only 3 percent of apparel sold is made domestically. A robust tariff policy could revitalize American manufacturing, … Read More

Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer. The Southeast Asian nation will impose temporary tariffs on some hot-rolled coil starting from early March, according to a statement from the Ministry of Industry and Trade on Friday. … Read More

We will soon see some PS5 consoles 100% ‘Made in USA’. With these new ‘Made in USA’ PS5s, totally identical to those produced in Asia, they will be able to maintain the same pricing policy as in the rest of the world in order to continue competing, and also to respond more efficiently to the … Read More

Some Chinese solar manufacturers operating in Southeast Asia saw their tariff rates increase on Feb. 18 following a preliminary ruling by the U.S. Department of Commerce in an anti-dumping and countervailing duty case brought by U.S.-based solar producers. The duties impact several major Chinese solar brands, including Jinko Solar and Trina Solar, as well as … Read More

Agriculture has long been a key part of Iowa’s economy. But the state is now facing escalating trouble, including the loss of more than 26,000 family farms since 1982. It’s a reflection of failed trade policies that have hurt thousands of U.S. farms nationwide. And now, the United States is running an unprecedented agricultural trade … Read More

The consultancy firm KPMG asked 250 businesses in Canada what actions they were taking ahead of the tariffs and what they were planning to do down the road. It found nearly half of the businesses contacted “plan to shift investments or production to the U.S. to serve the U.S. market and reduce costs.” Read the … Read More

The decisions of a new Arizona fab and a proposed new CoWoS advanced packaging plant are part of TSMC’s increased presence in the United States, with President Trump recently saying that Taiwan “took our chip business away” and that “we want that business back”. On top of that, the White House is apprehensive of allowing … Read More