Mario Draghi Says Reindustrialization Will Cause Inflation, But It Will Be Worth It
Reindustrialization might cause some above-target inflation. Deindustrialization, meanwhile, might take countries out of the running of the industries of today, and the future, too, said former European Central Bank president…
Harley-Davidson Moves More Production To Thailand, Thanks To Thai Tariffs And Tax Incentives
This is not the first time Harley-Davidson has made a move like this. In 2019, the closure of Harley-Davidson’s Kansas City factory (with 572 jobs lost) coincided with a shift…
CPA Applauds Biden Administration’s Finalized Increase on Section 301 Tariffs for China Imports
“President Biden and Ambassador Tai’s decision to raise tariffs across key sectors sends a clear message that the U.S. is serious about reducing our dependence on China and safeguarding American…
Biden Administration’s Failure to Address Mexico Steel Surge Causes Zekelman Chicago Plant Closure
Mexico agreed to restrain steel and aluminum export volume to 2015-17 levels. The U.S. complied with the agreement. Mexico almost immediately breached it and continues the breach today, directly harming…
The Tax Foundation Makes Fundamental Errors On What A Tariff Is And How Tariffs Work
On their TaxEDU page on tariffs, they write, repeatedly, that “Tariffs are taxes imposed by one country on goods or services imported from another country.” But, tariffs don’t interface with…
Fair Trade or Foul Play? Australia’s Anti-Dumping Duties on Indonesia’s A4 Copy Paper
This article analyzes five protectionism variables used by Australia to support the anti-dumping duties policy: National Defence, Balance of Payment, Employment, Infant Industry, and Level Playing Field. Sometimes, price imbalances…
China retailers Shein, Temu avoid US tariffs as labor practices in question
Items listed for sale include beauty products for young women and girls for as low as a penny, and kids’ clothing for less than $10, well below average American direct-to-consumer…
One law could make Trump’s tariff threat a reality
The International Emergency Economic Powers Act gives the president sweeping authority to control economic transactions after declaring an emergency. Some trade experts believe it is supple enough to also implement…
US trade chief Tai lauds Canada’s steep new tariffs on Chinese EV, metals
“We share Canada’s concerns over the PRC’s unfair, non-market policies and practices and its failure to uphold labor rights, enforce environmental protections, and promote fair, market-oriented competition,” Tai said, using…
‘Turn the dial up’: Kevin O’Leary calls for bringing the heat against China to ‘blowtorch temperature’
“This is basically a fight with China to get to a level playing field in trade,” he told FOX Business’ Stuart Varney on Monday, as he addressed former President Donald…