No end to US trade war with China, Biden administration pledges in policy document
The 2024 Trade Policy Agenda and 2023 Annual Report to Congress released by the office of US Trade Representative Katherine Tai, sought continued action against “harms wrought” by what it…
Hawley’s bill to increase tariffs on Chinese autos by 125 percent
The Protecting American Autoworkers from China Act would, increase the base tariff rate of auto imports from China to 100 percent, for a total tariff of 125 percent on all…
Trump could impose universal tariff on Day 1: ex-U.S. trade official
Former U.S. President Donald Trump would be able to implement a sweeping tariff on nearly all imported products upon taking office if he is elected again, former senior trade official…
Ordering from Shein or Temu? Those imports might not stay duty-free forever
Two U.S. senators looking to crack down on the number of packages from China that enter the U.S. duty-free are calling on President Biden to take executive action, saying domestic manufacturers can’t…
Paramount clothing company executive gets 4 years in prison for scheme to underpay tariffs on imports
Mohamed Daoud Ghacham, 40, was sentenced and ordered him to pay nearly $6.4 million in restitution, according to the U.S. Attorney’s Office. Ghacham’s company, Ghacham Inc., which does business under…
Nobel Laureate Paul Romer Says Free Trade Hurts the Vulnerable
While foreign investment and the flow of ideas are important to stoking growth and innovation, there is a role for tariffs and subsidies on goods trade and production in order to ensure…
US Faulted At WTO For Not Fixing Spanish Olive Tariffs As Ordered
Former US president Donald Trump’s administration slapped extra tariffs on Spain’s iconic agricultural export in 2018, considering their olives were subsidised and being dumped on the US market at prices…
The Biden’s $10 Billion Intel Subsidy Is A Conglomerate Tax
Nations rise when they have pioneering entrepreneurs. And when those entrepreneurs become dominant, they demand concessions from governments, and in the process “tax” the citizens, for providing services which are…
Cleveland-Cliffs to idle West Virginia tinplate plant, impacting 900 jobs
Cleveland-Cliffs is idling its tinplate plant in Weirton, WV, impacting roughly 900 workers, after a U.S. trade agency struck down dumping duties on food can steel imports. The ITC’s decision…
US Trade Representative Reveals Why Biden Kept Trump’s Tariffs on China
The tariffs are a tool in a diverse economic toolkit that is being used to shore up the middle class, Trade Representative Katherine Tai said Monday during a talk at…