Asia is set to embrace protectionism in face of China’s overcapacity
Protectionism against low-cost Chinese imports has so far been a Western phenomenon, with Asia largely a bystander. This is about to change. Among emerging market economies, Turkey imposed a 40%…
Indonesia Plans up to 200% Tariffs on Chinese Goods
Indonesia will soon impose import tariffs of up to a 200% on Chinese goods “to mitigate the effects of the ongoing trade war between China and the United States,” according…
Trump is serious about using tariffs to counteract unfair trade practices, says Clete Willems
Kimberly Clausing, UCLA School of Law economist and professor, and Clete Willems, former Trump National Economic Council deputy director, join ‘Squawk Box’ to discuss how likely Trump’s tariff strategies will…
Most GOP lawmakers support Biden tariffs on imports from China
Nearly half of top congressional staffers say their boss supports the Biden administration slapping tariffs on electric vehicles, solar panels, medical supplies, semiconductor chips and other products made in China….
How The ‘Experts’ Got Tariffs So Wrong—And Trump Got It Right
A 10 percent tariff would raise revenues by $311 billion, and a 60 percent tariff on China would raise about $213 billion. Obviously not enough to eliminate all income taxes….
A loophole in U.S. tariffs on Chinese EVs has allowed a flood of golf cart imports, and domestic producers are asking Biden for help
US imports of Chinese language golf carts and different leisure buggies have elevated sixfold since 2020, partly as a result of they’re shipped underneath a product classification the place the…
Poll: Most favour tariffs on inexpensive Chinese-made electric cars
To complicate things further, some security experts have warned that Chinese-made vehicles could be used as surveillance tools, or as a source of mass disruption in a crisis. “The car could be…
Volvo to delay EX30’s US shipments due to higher tariffs on Chinese imports
Volvo, the Swedish luxury brand owned by China’s Geely, started building the EX30 in China, and said last year it would expand production of the small electric SUV to a…
Chinese EV makers shielded by hefty margins as EU unleashes tariff blitz
Chinese-made electric cars will leverage on their low cost structures and extend their market share in Europe despite the EU’s punitive tariffs of up to 38 per cent, and any…
Are we all protectionists now?
Well, he was very interested, and the people at that time were very interested in building infrastructure, in using protection — tariff protection, sounds familiar — to get industries to…