First, it ignores the national-security implications of free-trade policies. Transferring our national wealth to our adversaries and losing our manufacturing base makes us less safe. We can’t ignore the dire threat that the Chinese Communist Party poses to America generally and our economy specifically. Second, as Carnegie Endowment senior fellow Michael Pettis points out, the Journal’s free-trade … Read More

In his bid for re-election, President Biden wants to put his stamp on Trump’s tariffs and make the case that his approach is smarter and more strategic. He also wants to show a tough stance toward China to undermine any attempts by Trump to cast Biden as “soft” on the Asian powerhouse, as Trump did … Read More

The tariffs originally added a 25% duty on affected Chinese manufactured goods, including graphics cards, motherboards, and power supplies. But in 2022, the Biden administration temporarily lifted the tariffs, citing the potential economic harm they were causing to businesses and supply chains amid efforts to fight inflation. Read the article.

The Ministry of Finance has decided to continue anti-dumping tariffs imposed on toweling products from China as Chinese exporters kept selling their goods at unfairly low prices in Taiwan hurting the local industry. In a statement released over the weekend, the MOF’s Customs Administration said it has decided to extend anti-dumping tariffs of 29.72 percent … Read More

The extended exclusions encompass a range of products, including industrial components like pumps and electric motors, specific automotive parts, chemicals, bicycles, vacuum cleaners, and essential medical items such as face masks, examination gloves, and hand sanitizing wipes. These exclusions were initially set to expire on December 31 but have been extended to allow for further … Read More

The tariff applies to some Vietnamese exports of cold-rolled steel sheets, although if the groups can prove the steel comes from a country other than China, they are exempt from the tariff, according to a declaration from the economy ministry published in Mexico’s official gazette. Vietnam’s largest steelmaker, Hoa Phat, is subject to a nearly … Read More

This could have all gone very differently. If the government’s attempt to use trade policy to promote domestic manufacturing in the 1980s had been balanced with high-quality investments to make steelmaking cleaner and more efficient, U.S. Steel may have been purchasing Nippon Steel today. The cautionary lesson for today’s policymakers is that any efforts to … Read More

China has become a dominant force in the electric vehicle market, with an estimated 60% share of global sales of new passenger electric vehicles, around 14.1 million units in 2023, according to BloombergNEF. This substantial influence has caused tensions internationally, especially in Europe. In September, the European Union launched an investigation into alleged state subsidies … Read More

The fact that unrestricted trade creates domestic unemployment is quite obvious, and should be especially obvious to Third World people who have had the historical experience of deindustrialisation during colonial rule. Yet, there is a general impression around that free trade is a good thing, and an utterly spurious argument is advanced to create this … Read More

The US Commerce Department will begin gathering information on Chinese production of legacy semiconductors — chips that aren’t cutting-edge but are still vital to the global economy — as it looks to track how deeply reliant US companies have become on the technology from China. Some Chinese chipmakers have used low prices to undercut competitors, … Read More