The U.S. has been moving toward protectionism under both President Joe Biden and his predecessor Donald Trump, who triggered a trade war both with traditional allies and antagonists such as China, says Jennifer Safavian, CEO of Autos Drive America, whose organization represents foreign automakers operating in the U.S. and advocates for free trade. Read the … Read More
Shifting manufacturing to China, as globalized free trade has encouraged, increases global emissions because plants in China use dirtier fuel sources than factories in the West use. Coal, the dirtiest fossil fuel, provides 60 percent of Chinese total electricity generation, compared with less than 22 percent in the United States. Every washing machine or toy made … Read More
Shifting manufacturing to China, as globalized free trade has encouraged, increases global emissions because plants in China use dirtier fuel sources than factories in the West use. Coal, the dirtiest fossil fuel, provides 60 percent of Chinese total electricity generation, compared with less than 22 percent in the United States. Every washing machine or toy … Read More
“History has proved time and again that confrontation does not solve problems, it only invites catastrophic consequences. Protectionism and unilateralism can protect no one, they ultimately hurt the interests of others as well as one’s own. Read the article.
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 trading system. The U.S. delegation to the WTO, in a statement Monday obtained by Bloomberg, backed the Trump administration’s decision to label Hong Kong exports … Read More
We are already in danger of witnessing China’s surpassing the United States in critical areas economically, technologically, and militarily. It follows, then, that we must add an “American factor” to ensure that China does not successfully challenge America’s leadership in space. Read the article.
The United States imported some $4.4 billion worth of wooden cabinets, vanities and their components from China in 2018. The U.S. Commerce Department on Feb. 24 imposed anti-dumping duties of up to 262.2% and anti-subsidy duties of up to 293.5% in an investigation that started last year with a petition from the American Kitchen Cabinet … Read More
Despite G20 commitments last week to avoid protectionist measures, European Union authorities on Tuesday (7 April) agreed to impose anti-dumping taxes of up to 50 percent on Chinese-made candles sold in the EU. The duties were imposed in November last year on a temporary basis following complaints from European candle producers. They say they are … Read More
