Scott Says China is a ‘Bully You Do Not Appease’
“When you watch China, you do not have a real conversation with them. Everything they tell you is a complete lie. They never follow through on anything, whether it is…
Ways & Means Republicans Not Willing To “Rubber Stamp” GSP Trade Program
“Our trade policy should support American jobs at any opportunity. Should we change the rule so that GSP countries increase their rule of origin threshold, which is now only 35%?”…
Europe joins US in prepping for China trade war
If Europe does indeed follow America in becoming more protectionist, it will do so for similar reasons – a fear that Chinese competition is undermining Europe’s industrial base and with…
Trina Solar To Set Up US Plant To Hedge Against Tariff Risks
Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend $200 million on a solar plant in Texas. The move comes even as…
Model Shows That Universal 10% Tariff Would Improve Incomes, Output And Jobs
Our simulation finds that the tariff change would increase economic growth and create opportunity for Americans through increasing incomes and job creation. Under the proposal, real household incomes would increase…
USITC Report Shows Tariffs Boosted U.S. Production
The USITC March 2023 report showed that the Section 301 and 232 tariffs boosted production in all twelve of the industries studied. The report shows that price increases in the…
Europe Shakes Up EV Market With Clash Over Chinese Imports
The US tariff on EVs coming from China completely wipes out the 20% to 25% cost advantage China has because of lower labor costs, local suppliers and vertical integration. In…
Why Centre’s decision to reduce tariffs on American apples is creating controversy
Congress leader Priyanka Gandhi Vadra on Tuesday slammed the Centre over its decision to reduce customs duty on apples imported from the US, saying it will make import of American…
Trade Debate Changing As Tariffs Show Their Purpose
Gone are the days when free trade was the answer to everyone’s prayers. Even the International Trade Commission couldn’t run the numbers in a 2022 report on NAFTA and the…
Trump plans harsher trade and tax policies for his 2024 comeback bid
Trump argued in a recent letter to the Wall Street Journal that criticisms like Murphy’s are “debunked talking points from corporate-funded studies about our tariffs’ alleged impact.” Jacking up tariffs…