‘There’s no such thing as pure free trade’: Katherine Tai defends China tariffs
U.S. Trade Rep Katherine Tai defended tariffs against China at Semafor’s Made in America Event on Wednesday, saying that “tariffs are a part of the U.S.-China bilateral relationship” because of…
House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees
Lawmakers in both parties endorsed the proposal, a reflection of the growing willingness in Congress to build on the tariffs enacted during Donald Trump’s presidency, even if it risks retaliatory…
South Korea Offers $29 Billion in Aid to Battery Makers Amid Metals War
South Korea unveiled a 38 trillion won ($29 billion) financial package over the next five years aimed at helping local electric-vehicle battery makers diversify their supply chains as the US…
Lawmakers Call for Raising Tariffs and Severing Economic Ties With China
Bipartisan lawmakers on Tuesday called for severing more of America’s economic and financial ties with China, including revoking the low tariff rates that the United States granted Beijing after it…
Katherine Tai Sticks Up For China Tariffs At Aspen Security Forum
“The decisions you make on international economic policy impacts your domestic economy. We sit at that intersection between domestic economic policy and international and it is an uncomfortable intersection because…
When the US stops trading internationally, it’s time to worry
This article suggests that Trump’s trade plan conjures up the ghosts of depressions past, even after the writer of the article admits that “The idea that Smoot Hawley caused the…
$1.9 Million Penalty for Avoiding China Tariffs
The tools were shipped to Germany, where some additional processing was performed on some of them, and then shipped to the U.S. and declared to be “made in Germany.” The…
Despite Trade Barriers, Chinese EVs Will Pose Major Threat To American Automakers
“Picture a modern day Godzilla with the power to trample on and destroy anything that gets on his path,” he told the Wall Street Journal, adding that there are more than…
American protectionist measures stay in place against Canadian softwood lumber exporters
American anti-dumping and countervailing duty orders will remain in place on Canadian softwood lumber exports into the U.S. The U.S. international Trade Commission ruled 4-0 in favour of its own…
Truck Tire Tariff Investigation Will Continue
The United Steelworkers (USW) allege that truck tires imported into the U.S. from Thailand are injuring, or threaten to injure, the domestic industry. The USW says truck and bus tires…