Biden is turning away from free trade – and that’s a great thing
Clinton and Obama thought globalization inevitable and bought into the textbook view that trade benefits all parties. “Globalization is not something we can hold off or turn off,” Clinton explained in 2000….
U.S.-Vietnam Meeting Hints at Possible Tariffs Over Timber
The USTR said available evidence suggested that a significant portion of the timber Vietnam imports has been harvested or traded in violation of Vietnam’s domestic laws, the laws of exporting countries,…
Biden and Trump Have Similarities on Trade Policy
Biden has maintained much of Trump’s hardline policies toward Beijing; the Trump tariffs have remained in place. Restrictions on Chinese technology companies have expanded, including a U.S. ban on sales…
Biden’s course for U.S. on trade breaks with Clinton and Obama
President Biden is making it clear that the United States’ rejection of full-throttle globalization during the Trump administration was no aberration, as he continues a remarkable break with decades of…
Tariff policy: The balancing act
Trade policy is a complete framework of relevant rules, regulations, stances and deals that need a supportive tariff policy. The objectives and goals of the tariff policy are clearly defined and…
Imports from China fueling U.S. renewable diesel ambitions as demand climbs
U.S. imports of animal and vegetable oils and fats from China totaled nearly $290 million in the first six months of 2023, soaring from around $1 million in all of…
Korea sees limited impact from Mexico steel tariff hike
Steel tariffs on South Korean products would be raised to 25pc from the current 10pc, Motie said. The economy ministry listed higher tariffs for 392 products from countries with which…
Trump says he’ll impose huge new tariffs if elected in 2024
“I think when companies come in and they dump their products in the United States, they should pay automatically, let’s say a 10% tax,” he told Fox News on Thursday….
Canada to seek judicial review of latest U.S. decision on softwood lumber duties
In Canada, lumber-producing provinces set so-called stumpage fees for timber harvested from Crown land, a system that U.S. producers — forced to pay market rates — say amounts to an…
US lifts controls on some China firms ahead of Raimondo trip
The US Department of Commerce on Monday removed the Chinese entities — such as chemical firm and lithium battery material maker Guangdong Guanghua Sci-Tech Co., and sensor maker NanJing GOVA…