India has been nudging the Biden administration to reverse a Trump-era move withdrawing duty-free status on thousands of Indian export products. The US surpassed China as India’s biggest trade partner in 2022, with bilateral shipments reaching a record $137.24 billion, up from $114.69 billion in 2021. Read the article.
In August 2017, the Office of the US Trade Representative (USTR) initiated a trade investigation under Section 301 of the Trade Act of 1974. Its purpose was to address unreasonable or discriminatory practices from Beijing adversely affecting US economic interests. That investigation led to double-digit tariffs on a wide swath of imports into the United … Read More
First came tariffs on Chinese imports, then several rounds of sanctions and an outright embargo on exports of state-of-the-art computer chips. Now, America’s multiyear campaign to deter, counter and stymie Xi Jinping’s China—an effort that started with President Donald Trump and has escalated under the current administration—is shifting to a new battleground where the stakes are even higher … Read More
Auxin Solar, a small solar panel manufacturer with operations in California, has filed a lawsuit against the U.S. Department of Customs and Border Patrol (CBP) and Department of Commerce for failing to collect fees and credits from solar imports related to antidumping and countervailing duties (AD/CVD) laws. Read the article.
As Hanoi readily states, the country is called the Socialist Republic of Vietnam. Under the guise of this socialism, the country maintains an aggressive, top-down form of government. Private ownership of land is prohibited. Hanoi controls the national economy through a series of state-owned enterprises. Vietnam provides cover for Chinese exporters looking to avoid U.S. … Read More
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
