China Solar Firms Halt Output in Southeast Asia on US Curbs
Longi Green Energy Technology Co. began gradually winding down activity at a plant in Malaysia this week after halting all five production lines at a facility in Vietnam the week…
USTR Seeking Public Comments on Proposed Tariff Increases on Chinese Goods
The USTR is inviting the public to comment on the proposed modifications included in its notice of May 28, 2024. The public can submit comments on the notice until June…
Biden admin official says higher tariffs on Chinese EVs are crucial for US automakers
Secretary of Energy Jennifer Granholm said that the Biden administration’s plan to quadruple tariffs on imported Chinese electric vehicles to over 100% in August is crucial to the health of…
US and Its Partners Stand Together as China Exports Problems, Rahm Emanuel Says
China is taking its domestic economic problems and exporting them to the rest of the world, the US Ambassador to Japan Rahm Emanuel said, adding this strengthens the resolve of America and…
Who is Really Betting Against America?
Americans used to pride themselves, open market, and free trade, and many still do today. But now it seems that US policy makers are increasingly deviating from the path, partly…
The case for more aggressive tariffs, exchange rates and monetary policy
During President Donald Trump’s first term, economists wrongly predicted disastrous inflation from increased tariffs. Instead, inflation averaged just 1.9 percent while real wages rose. While inflation has increased significantly in…
USTR Katherine Tai Reiterates New Ideas On Trade In Financial Times Editorial
“Trade policy has long followed the trickle-down approach that has been so common over the past four decades. But if we recognize that deferring to the market has its limits…
The Biden Administration’s Targeted, Strategic Tariffs Are Effective Industrial Policy at Work
The Biden administration’s recent action to raise tariffs on strategic goods imported from China has raised both praise and sharp critiques. Most critiques fall into two categories, with some lamenting…
China’s $8.5 Billion in Steel Spurs Latin America Toward Tariffs
One after another, Latin American nations are following in the footsteps of the US and Europe by imposing prohibitive tariffs on Chinese imports — a strain in what’s been an…
Tariffs Push Up Costs. But Not Always Inflation
President Biden’s decision last week to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs. The…