US, EU Plan New Chinese Steel Tariffs in Bid to End Trump-Era Trade Conflict
Any new tariffs would deal a blow to Chinese steelmakers, which have been shipping increasing volumes this year due to weak demand at home. The depreciation of the yuan has…
US extends tariff exclusions on some Chinese categories till end of 2023
The import tariff exclusions include industrial components such as pumps and electric motors, some car parts and chemicals, bicycles and vacuum cleaners. The COVID-related exclusions include medical products like face…
The Global Economy’s Real Enemy is Geopolitics, Not Protectionism
“The era of free trade seems to be over. How will the world economy fare under protectionism?” What some decry as protectionism and mercantilism is really a rebalancing toward addressing…
DOC issues preliminary ruling on high tinplate steel tariffs
The United States Department of Commerce (DOC) recently issued a preliminary ruling on imposing tariffs of up to 300% on tinplate steel materials imported into the United States from Canada,…
Mexico: Government imposes temporary import duties on the importation of goods classified in 392 tariff items
The decree focuses on the implementation of temporary import duties ranging between 5% and 25% on goods classified in 392 tariff items covering steel, aluminum, bamboo, rubber, chemical products, oils,…
Challenges to implement tariff policy
The government has finally prepared a national tariff policy to boost trade competitiveness and enhance consumer welfare. Titled ‘National Tariff Policy 2023’, it is the first-ever tariff policy of the…
Foreign-made tin products are killing another vital US industry
Illegal dumping of foreign-made tin mill products — when a company or country exports these products at a price lower than the price charged in its home market — has…
China decried U.S. tariffs, requested equal treatment for its firms in Raimondo meeting
“China expressed serious concerns concerning the U.S.’ discriminatory (Section) 301 tariffs,” she added. “China demands the U.S. give equal treatment to Chinese enterprises investing in the U.S. in terms of…
Readers Write: Student test scores, environment, tariffs, pilot health
Let’s assume that the tariffs are on products that are also made in America. The tariff raises the price of the foreign product to the benefit of the U.S.-made product….
Sweden’s GDP Contraction Driven by Sputtering Export Engine
The drop is explained by lower goods exports and smaller inventories, authorities said. While the data wasn’t as bad as the 1.5% contraction indicated by a preliminary release published in…