Most GOP lawmakers support Biden tariffs on imports from China
Nearly half of top congressional staffers say their boss supports the Biden administration slapping tariffs on electric vehicles, solar panels, medical supplies, semiconductor chips and other products made in China….
How The ‘Experts’ Got Tariffs So Wrong—And Trump Got It Right
A 10 percent tariff would raise revenues by $311 billion, and a 60 percent tariff on China would raise about $213 billion. Obviously not enough to eliminate all income taxes….
A loophole in U.S. tariffs on Chinese EVs has allowed a flood of golf cart imports, and domestic producers are asking Biden for help
US imports of Chinese language golf carts and different leisure buggies have elevated sixfold since 2020, partly as a result of they’re shipped underneath a product classification the place the…
Poll: Most favour tariffs on inexpensive Chinese-made electric cars
To complicate things further, some security experts have warned that Chinese-made vehicles could be used as surveillance tools, or as a source of mass disruption in a crisis. “The car could be…
Volvo to delay EX30’s US shipments due to higher tariffs on Chinese imports
Volvo, the Swedish luxury brand owned by China’s Geely, started building the EX30 in China, and said last year it would expand production of the small electric SUV to a…
Chinese EV makers shielded by hefty margins as EU unleashes tariff blitz
Chinese-made electric cars will leverage on their low cost structures and extend their market share in Europe despite the EU’s punitive tariffs of up to 38 per cent, and any…
Are we all protectionists now?
Well, he was very interested, and the people at that time were very interested in building infrastructure, in using protection — tariff protection, sounds familiar — to get industries to…
Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
Donald Trump on Thursday brought up the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources in a…
New View On Globalization Is Drifting Away From Old Consensus On Free Trade
Like them or not, tariffs, quotas, and tax incentives to keep manufacturers invested locally, are now a tool that Democratic and Republican Presidents are using. The WSJ called tariffs a…
Why Biden Is Escalating Trump’s China Tariffs
US President Joe Biden is stepping up tariffs on products from China in response to what American officials call unfair trade practices. After a review of the increased tariffs his predecessor, Donald Trump, imposed on Chinese…