A small northern Ontario town is taking a stand against U.S. tariffs by urging residents, businesses and other municipalities to limit the purchase of American goods. The Town of Northeastern Manitoulin and the Islands passed a motion on Tuesday in response to what it calls “the unwarranted actions of the President of the United States,” … Read More
Parkdale Mills CEO Andy Warlick said: “Those who have defended free trade have unwillingly been supporters of blatant mercantilism. The only thing free has been their access to the U.S. market, something we do not enjoy in their markets due to high tariffs, a devalued currency that makes us too expensive, or VAT taxes that … Read More
Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries is economist Ian Fletcher’s latest published work with co-author Marc Fasteau, vice-chairman of the Coalition for a Prosperous America (CPA). This new book follows up on Ian Fletcher’s excellent 2011 book Free Trade Doesn’t Work: What Should Replace it and … Read More
The United Auto Workers union on Tuesday hailed President Trump’s new tariffs, saying it’s necessary “to end the free trade disaster.” There’s been a lot of talk of these tariffs ‘disrupting’ the economy. But if corporate America chooses to price-gouge the American consumer or attack the American worker because they don’t want to pay their … Read More
According to data from the European Commission and the WTO, 30 to 50 percent of clothing sold in the EU is still made within the 27-nation bloc, despite proximity to low-cost production hubs. In the U.S., by comparison, only 3 percent of apparel sold is made domestically. A robust tariff policy could revitalize American manufacturing, … Read More
Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer. The Southeast Asian nation will impose temporary tariffs on some hot-rolled coil starting from early March, according to a statement from the Ministry of Industry and Trade on Friday. … Read More
We will soon see some PS5 consoles 100% ‘Made in USA’. With these new ‘Made in USA’ PS5s, totally identical to those produced in Asia, they will be able to maintain the same pricing policy as in the rest of the world in order to continue competing, and also to respond more efficiently to the … Read More
Some Chinese solar manufacturers operating in Southeast Asia saw their tariff rates increase on Feb. 18 following a preliminary ruling by the U.S. Department of Commerce in an anti-dumping and countervailing duty case brought by U.S.-based solar producers. The duties impact several major Chinese solar brands, including Jinko Solar and Trina Solar, as well as … Read More
Agriculture has long been a key part of Iowa’s economy. But the state is now facing escalating trouble, including the loss of more than 26,000 family farms since 1982. It’s a reflection of failed trade policies that have hurt thousands of U.S. farms nationwide. And now, the United States is running an unprecedented agricultural trade … Read More
The consultancy firm KPMG asked 250 businesses in Canada what actions they were taking ahead of the tariffs and what they were planning to do down the road. It found nearly half of the businesses contacted “plan to shift investments or production to the U.S. to serve the U.S. market and reduce costs.” Read the … Read More
