US trade representative defends tariffs on China
US Trade Representative Katherine Tai defended stiff tariff hikes against countries such as China, saying that paired with investment, they were a “legitimate and constructive” tool for reinvigorating domestic industries….
Constellation Brands CEO downplays worries about higher tariffs if Trump wins
“First of all, assuming there was a Trump administration, we already had four years of a Trump administration, and our business was up double-digit during that window of time,” Newlands…
Henry Clay’s Case For Tariffs Is What Congress Needs To Hear Again
We have seen, I think, the causes of the distresses of the country. We have seen that an exclusive dependence upon the foreign market must lead to still severer distress,…
US-China talks helping avoid Chinese retaliation against Biden tariff hikes
China has not retaliated against US tariff increases on Chinese imports partly because of continued dialogue between the world’s two largest economies, the US Treasury’s top economic diplomat Jay Shambaugh…
This House Democrat is backing Trump’s 10% tariff plan — and he even has a bill to get it done
Rep. Jared Golden, a Democrat who represents a Maine congressional district that Trump won in both 2016 and 2020, introduced the Balance Unequal International Labor and Trade for the United…
McConnell and Pence Trash Trump Tariffs, But the Data Proves Them Wrong
Both McConnell and Pence are ignoring a key fact: since 2018, tariffs on Chinese imports have been in place, yet inflation remained below 2.3%—until the COVID-19 supply chain shocks pushed…
Republicans propose bill that would double tariffs on Chinese imports and end favored trade status
The bill would, over five years, increase tariffs by 100% on imports deemed “strategic” to national security by the Biden administration in an effort to force the growth of the…
Trump threatens John Deere with 200 percent tariff if it outsources manufacturing
Fox Business Network reported in June that John Deere, which sells tractors, crop harvesters and other large equipment, was laying off roughly 600 staff members at plants in Illinois and…
Trump says he will put 100% tariffs on every car coming across Mexico border
“We will put a 100% tariff on every single car coming across the Mexican border,” Trump said in a speech in Georgia. “The only way they’ll get rid of that…
USTR Finalizes Section 301 Tariffs on Chinese Imports with a Focus on Products from “Strategic Sectors”
Following a review of over 1,000 comments, USTR has largely retained the proposed list of products subject to Section 301 tariffs announced in the May 2024 report with a few…