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…
WTO backs US in challenge of China’s retaliatory tariffs
The World Trade Organization ruled Wednesday that China violated its trade agreements when it placed tariffs on U.S. exports in retaliation for steel and aluminum duties imposed by the Trump…
Donald Trump calls India ‘tariff king’, says would impose reciprocal tax if voted to power
During his first term as the US president, Trump described India as a “tariff king” and in May 2019, terminated India’s preferential market access — Generalised System of Preferences (GSP)…
American Workers Want Almost $79,000 Salary to Start a New Job
The average reservation wage – the lowest annual pay that workers would accept to take a new job – increased to $78,645 in July. That’s up from about $72,900 a…
US Department of Commerce slaps tariffs on solar companies for dodging China duties
The Department of Commerce (DOC) announced Friday that subsidiaries of Chinese companies BYD, Trina Solar, Vina Solar and Canadian Solar were dodging U.S. tariffs on Chinese solar cells and panels…
Biden Admin Says Chinese Solar Companies Have Been Dodging Tariffs
The Department of Commerce (DOC) determined Friday that five Chinese solar panel companies have been dodging U.S. tariffs by directing their operations through other Asian countries not subject to the…
U.S. lauds Mexico for new tariffs on steel from third countries
“The United States welcomes Mexico’s efforts to address global non-market excess capacity in the steel sector,” USTR spokesperson Sam Michel said in a statement. Mexico earlier this week announced it…
U.S. Sets Tariffs on Food-Can Metal From 3 Nations
The Biden administration announced plans to impose new tariffs on can-making metal imported from China, Germany and Canada. Chinese products would be subject to a levy of 122.52%. That rate…