Paramount clothing company executive gets 4 years in prison for scheme to underpay tariffs on imports
Mohamed Daoud Ghacham, 40, was sentenced and ordered him to pay nearly $6.4 million in restitution, according to the U.S. Attorney’s Office. Ghacham’s company, Ghacham Inc., which does business under…
Nobel Laureate Paul Romer Says Free Trade Hurts the Vulnerable
While foreign investment and the flow of ideas are important to stoking growth and innovation, there is a role for tariffs and subsidies on goods trade and production in order to ensure…
US Faulted At WTO For Not Fixing Spanish Olive Tariffs As Ordered
Former US president Donald Trump’s administration slapped extra tariffs on Spain’s iconic agricultural export in 2018, considering their olives were subsidised and being dumped on the US market at prices…
The Biden’s $10 Billion Intel Subsidy Is A Conglomerate Tax
Nations rise when they have pioneering entrepreneurs. And when those entrepreneurs become dominant, they demand concessions from governments, and in the process “tax” the citizens, for providing services which are…
Cleveland-Cliffs to idle West Virginia tinplate plant, impacting 900 jobs
Cleveland-Cliffs is idling its tinplate plant in Weirton, WV, impacting roughly 900 workers, after a U.S. trade agency struck down dumping duties on food can steel imports. The ITC’s decision…
US Trade Representative Reveals Why Biden Kept Trump’s Tariffs on China
The tariffs are a tool in a diverse economic toolkit that is being used to shore up the middle class, Trade Representative Katherine Tai said Monday during a talk at…
Minneapolis-based pea protein maker Puris wins tariff case against Chinese imports
Tariffs of up to 270% will be levied on imports of Chinese pea protein to counteract the “dumping” of heavily subsidized imports that threatened American farms and manufacturers, the federal…
Protectionist policy promises in U.S. election will be a challenge: Premier
Premier Danielle Smith says no matter the outcome of the United States election, there will be challenges for Canada and Alberta. “Both have protectionist policies that would be damaging to…
UAW CALLS FOR HIGHER TARIFFS ON IMPORTED PARTS AND VEHICLES
“If we want greater adherence to the USMCA’s ‘rules of origin’ provisions, the consequences for noncompliance [have] to be greater than 2.5 per cent,” Jason Wade, top administrative assistant to…
Solar Tariffs Were Supposed To Ruin The Solar Business. They Didn’t, ITC Concludes
“The safeguard measure has resulted in positive industry adjustments in terms of significant expansion and investment in domestic solar module manufacturing and announced plans to restart domestic solar cell manufacturing,”…