Friend-shoring is a new symbolism of protectionism
After reshoring and onshoring, friend-shoring is the latest wheeze of the Biden Administration; in practice, it’s a de facto and defunct American protectionist approach, which is launched under the veil…
Is the U.S. Moving On From Free Trade? Industrial Policy Comes Full Circle
Key assumptions of the theory and the econometric models used to calculate the impacts of trade are questionable. For example, the standard Global Trade Analysis Project econometric model assumes perfect…
China urges US to correct wrongdoings as WTO rules steel, aluminum tariffs violate its principles
Chinese experts said the US’ selfish and arrogant attitude is further proof that the Biden administration has not abandoned the “America First” policy and is pursuing unilateralism and protectionism, which…
Biden Cements Trump-Era Steel, Aluminum Tariffs in WTO Snub
If there were any hope President Joe Biden would undo his predecessor’s divisive trade tariffs that caused upheaval in the global steel and aluminum markets, it all but evaporated Friday….
For China Solar, Tariffs Set to Return After Commerce Findings
Solar companies will always find it easier to manufacture in Asia. Better trade policies and regulations are the only things that will make “green energy” local energy. If not, China…
US, EU Weigh Climate-Based Tariffs on Chinese Steel and Aluminum
The US and European Union are weighing new tariffs on Chinese steel and aluminum as part of a bid to fight carbon emissions and global overcapacity, according to people familiar…
Longi Says US Finding on Tariff Evasion Won’t Impact Firm’s Plan
Longi Green Energy Technology Co., the world’s largest solar company, said that the US Commerce Department’s initial findings on Chinese companies circumventing tariffs will not affect the company’s operations nor…
CPA urges Biden Administration to resume 25% tariffs on Mexican Steel Conduits
Wheatland Tube, a steel conduit manufacturer, is closing its Long Beach, California factory and laying off 145 workers. The company cited surging Mexican steel conduit imports as the reason for…
CPA Debates: What’s so great about free trade (video)
Jeff Ferry: I agree that there is always a danger of special interests taking over government policy on an industry. But consider this: In 2018, we had steel tariffs imposed,…
U.S. allies plead with Biden to relax new EV rules
Without changes to the EV rules, “U.S. allies and partners will lose confidence in an administration which has highly valued multilateralism and partnership,” wrote the Korea International Trade Association, adding…