Mexico Imposes Hefty Tariffs on Sugar to Protect Local Industry
Mexico raised tariffs of up to 210% on sugar imports from countries with which it doesn’t have a trade deal, part of a plan to protect the domestic industry from…
This American-made tripod brand is increasing prices next month (and no, it’s not because of tariffs)
While US photographers are no strangers to increasing prices in the wake of new tariffs, Really Right Stuff is a Utah-based company that makes its tripods in the US. A…
Love Pasta? These 9 Pasta Brands Made in the U.S. Won’t Be Affected by Tariffs
Most of the pasta sold in the U.S. is already made here. But imports from Italy made up about 12% of the pasta market, according to Time magazine. If your…
Italian pasta giant Rummo pleads with US to reverse ‘absurd’ 107% tariffs to avoid hiking prices
One of the 13 Italian pasta companies facing whopping 107% tariffs come January is pleading with the Trump administration to axe its plans – which could force the business to…
The True Cost of China’s Falling Prices
Beijing officials call China’s current deflationary malaise “involution” — a destructive cycle of intense, self-destroying business competition sparked by excess capacity. According to a Bloomberg News analysis, it feels even…
Pessimistic Consumers Keep Spending, Forecast To Surpass $1 Trillion
The National Retail Federation expects Americans to cross a milestone this season, with holiday sales topping $1 trillion for the first time. In the new forecast, the trade association projects…
Chinese Exports Unexpectedly Slump for First Time Since February
China’s exports contracted in October, dropping 1.1% from a year earlier, as global demand failed to offset the slump in shipments to the US. Shipments to all nations except the…
American markets: dependency yes, but free ride no
Critics of the United States (US) trade policy often argue that America is deeply protectionist. Tariffs on steel, aluminum, and Chinese imports, subsidies for farmers, and new industrial supports like…
Nucor Leaders Drop Northwest Rebar Mill Plan
Executives of steel maker Nucor Corp. have dropped their plan to build a rebar micro mill in the Pacific Northwest because they think some of the company’s other recent investments…
S Korea announces lowering of tariffs as part of new US trade deal
The US and South Korea have reached a broad trade deal, both countries have said following talks between their leaders. South Korea’s presidential aide, Kim Yong-beom, said the two sides…