The Coalition for a Prosperous America (CPA) today applauded Senators Sherrod Brown (D-OH) and Rob Portman (R-OH) for leading a bipartisan letter to President Joe Biden in support of continuing the Section 301 tariffs imposed on China. Senators Mitt Romney (R-UT), Kevin Cramer (R-ND), Mike Braun (R-IN), Rick Scott (R-FL), James Inhofe (R-OK), Bob Casey … Read More
The US is requesting dispute-settlement consultations for a second time over Canada’s dairy quotas, alleging that they’re undermining access that the nation agreed to provide American producers. The Biden administration is challenging Canada’s dairy tariff-rate quota allocation measures, which deny access to eligible applicants including retailers, foodservice operators, and other types of importers, Read the … Read More
Treasury Secretary Janet Yellen is arguing for repealing a broad set of U.S. tariffs, allegedly as a way to fight inflation. Her argument is said to rely on a set of reports[1] published in March by the Peterson Institute that claimed that cutting tariffs would cut 1.3 percentage points off the U.S. rate of inflation. … Read More
A bipartisan group of Republicans and Democrats support including the pro-China trade provision in the Senate USICA bill in the new Bipartisan Innovation Act. Read the article.
“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
