The Biden Administration’s Targeted, Strategic Tariffs Are Effective Industrial Policy at Work
The Biden administration’s recent action to raise tariffs on strategic goods imported from China has raised both praise and sharp critiques. Most critiques fall into two categories, with some lamenting…
China’s $8.5 Billion in Steel Spurs Latin America Toward Tariffs
One after another, Latin American nations are following in the footsteps of the US and Europe by imposing prohibitive tariffs on Chinese imports — a strain in what’s been an…
Tariffs Push Up Costs. But Not Always Inflation
President Biden’s decision last week to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs. The…
Chinese-Made Teslas Pour Into Canada as Biden Erects US Tariff Wall
Canada is seeing a surge of imports of Chinese-made EVs, particularly Tesla models made in Shanghai. The number of cars arriving from China at the port of Vancouver rose more…
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
Those imports drove some American factories out of business, and they cost more than a million workers their jobs. Discount stores and online retailers, like Walmart and Amazon, flourished selling…
Canada should avoid being cannon fodder as US hikes tariffs on Chinese EVs: experts
Chinese experts on Saturday urged Canadian politicians to maintain strategic sobriety and insist on an independent economic policy following media reports saying that Canada is considering whether to impose new…
Beyond tariffs, US economic strength is key to containing China
The timing and strategic significance of these tariffs are critical. To address U.S.-China relations effectively, the U.S. needs to shift from a reactive to a proactive approach, leveraging its strengths…
US levies new 25% tariff on all container cranes made in China
Chinese-built container cranes dominate the global port market, with ZPMC controlling a market share of 80%-plus for the past 20 years, and terminal managers are said to be increasingly concerned…
Yellen Says China Tariffs Won’t Cause Consumer Price Increases
“I don’t believe that American consumers will see any meaningful increase in the prices that they face,” Secretary Yellen said Tuesday in an interview on the PBS NewsHour. Yellen also…
DC slammed Trump’s tariffs. Biden’s decision to keep them draws a very different reaction
The move, which Biden and his aides had telegraphed in remarks earlier this spring, was promptly condemned by leading trade groups, including those representing the U.S. tech industry and large…