Electric cars rekindle transatlantic trade war
If you thought transatlantic trade wars were a forgotten relic of Donald Trump’s presidency, think again. The EU is threatening to pull out the big guns if Washington doesn’t change…
Free trade: European textiles face Indian protectionism
“For European businesses, on the other hand, access to the Indian market is difficult,” said Euratex. “This is because they must face non-tariff barriers (relating to proof of origin and…
GLOBALink | U.S. chips bill purely protectionist law: French economist
A Paris-based French economist has said that the Chips and Science Act passed by the U.S. Congress is a purely protectionist law. Jean-Marc Daniel, an economist, professor and editor of…
Rep. Norcross: Why we need an American-made economy | Opinion
“American made” isn’t just a slogan. Behind these words are millions of good-paying jobs for hardworking families. I have been saying for years that the best social program is a…
CPA Applauds Provisions in Inflation Reduction Act that Boost U.S. Domestic Solar Manufacturing, Reduce Tax Benefits for Offshoring Profits and Production
Domestic producers often pay double—or more—in federal taxes compared to large multinational competitors that have offshored production and shift profits to tax havens. Read the article.
Trade Model Shows Broad Tariff Increases would Create 10 Million Jobs
Specifically, CPA proposes an additional 15% tariff increase on all imported goods from Free Trade Agreement (FTA) countries, and an additional 35% tariff increase on all imported goods from Non-Free…
Prime Minister Anthony Albanese lays out economic importance of onshore manufacturing ahead of jobs summit
Speaking in Melbourne on Monday, Prime Minister Anthony Albanese urged more investment needed to be made to bring back onshore production and manufacturing, claiming it was a matter of economic…
Government to hike import duty on goods that can be manufactured in India
“Why would you import something which can be produced in the country,” said a finance ministry official. Countering the recent criticism of rising protectionism, finance ministry officials on Thursday said…
China criticizes US chip law as threat to trade
China on Wednesday criticized a U.S. law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack…
Canada to Challenge US Lumber Duties Using Regional Trade Pact
Canada’s government said it will challenge US duties on softwood lumber, saying the tariffs have caused “unjustified harm” to the industry and workers. The US Commerce Department on Thursday ruled…