Latest deal with U.S. creates trade barriers
The new deal also raises Canada’s duty-free level from C$20 to C$150 and the sales tax increase from C$20 to C$40. However, that only applies for U.S. goods ordered online….
Hyundai loses transformer duty appeal
The Federal Circuit affirmed an agency determination that Hyundai didn’t fully cooperate with a duty review. The U.S. maintains antidumping duties on large power transformers from South Korea Read the…
China Solar Moves to SE Asia to Beat Anti-Dumping/Countervailing Duties
Trade remedies helped U.S. manufacturers survive being swamped by Asian overcapacity, protected domestic labor markets, and never led to the devastation and disruption the opposition warned about if imports were…
Section 232 Helped Granite City Works Get Back Into the Game
“The 232 tariffs mean sustainability for us, and obviously keeps the dogs off the porch, the other countries that are illegally dumping,” said Dan Simmons, president of United Steelworkers Local…
Steelworkers united in defending Canada against perils of American protectionism
The largest industrial union in North America is vowing to protect Canadian businesses and workers from the perils of protectionism in the United States. However, protecting your country from protectionism…
Biden Picks Up Where Trump Left Off in Hard-Line Stances at WTO
President Joe Biden’s administration dashed hopes for a softer approach to the World Trade Organization by pursuing a pair of his predecessor’s strategies that critics say risk undermining the international…
THE CHINA SHOCK
In a celebrated 2016 paper,David Autor, David Dorn and Gordon Hanson estimated that between 1999 and 2011, increased imports from China — the “China Shock” — killed 2.4 million jobs in…
Amazon Business May Thwart ‘Buy American’ Procurement Push
President Joe Biden’s Jan. 25 push to have federal agencies buy more from U.S. manufacturers is likely to clash with the government’s recent selection of Amazon for small-scale purchases by federal employees…
How Biden Is Repeating Trump’s Mistakes
The new president is doubling down on the counterproductive “Buy American” mandate, which even The Washington Post observes is “awful economics.” That’s correct. Among other things, “Buy American” provisions force the…
China vs. USA: Who will be the largest world economy?
Ant Group, a tech giant, is going public at home in China and not in the US. Yet while China’s economy is huge, its progress is dampened by protectionism from…