China’s Auto Sector Is Moving To Mexico; 29 New Manufacturing Plants Set Up Since June 2022
The United States-Mexico-Canada (USMCA) Free Trade Agreement is fast becoming a free trade agreement for the world, whereas any multinational with a presence in Mexico can set up shop and…
US Targets China With Tariffs on Steel, Aluminum Sent Via Mexico
Aluminum cast or smelt in China, Russia, Iran or Belarus that arrives via Mexico will face a 10% tariff, she said. The measures take effect Wednesday. The moves, made jointly…
EU Set to Impose Tariffs on Temu and Shein Goods from China
The European Commission is reportedly gearing up to impose tariffs on inexpensive goods originating from China, as reported by the Financial Times, citing insider sources. Under current regulations, items valued…
Asia is set to embrace protectionism in face of China’s overcapacity
Protectionism against low-cost Chinese imports has so far been a Western phenomenon, with Asia largely a bystander. This is about to change. Among emerging market economies, Turkey imposed a 40%…
Indonesia Plans up to 200% Tariffs on Chinese Goods
Indonesia will soon impose import tariffs of up to a 200% on Chinese goods “to mitigate the effects of the ongoing trade war between China and the United States,” according…
Trump is serious about using tariffs to counteract unfair trade practices, says Clete Willems
Kimberly Clausing, UCLA School of Law economist and professor, and Clete Willems, former Trump National Economic Council deputy director, join ‘Squawk Box’ to discuss how likely Trump’s tariff strategies will…
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…