Trump tariffs could hurt small business ownersPresident-elect Donald Trump, an avowed fan of tariffs, is pledging toenact stiff import dutiesas soon as he's inaugurated in January. For Trump, these new levies would both supercharge thetrade policiespursued during his first administration and, more...
That same courtesy wasn't extended to much larger players in this international trade tiff-mainly China and India. Opponents to lifting the tariffs argued that steelmakers, such as AK Steel, Mittal USA, Nucor, and U.S. Steel, would suffer from cheaper steel imports. Not so coincidentally, ...
“Yes, they did get the idea from your paper” @Ibishblog tells me, to which I say Thanks… Back then there was no China issue but Japanese small cars… twitter.com/Ibishblog/stat… . Posted in American elections 2016, American politics, Bernie Sanders, Donald J Trump, Economics of inte...
USAWTOChinaPurpose The increased integration of national economies and the belief that international trade is beneficial to societies has led to the formation of the World Trade Organization (WTO), to regulate the conduct of international trade by national governments. Using US domestic legislation and...
As every American consumer must know by now, President-elect Donald Trump has vowed to imposeimport tariffson products entering the United States from Mexico, Canada and China, starting on his first day in office. A tariff is a tax, and most economists believe consumers will eventually foot at...
"We're certainly against any unilateral protectionist measures, and we've the right to take measures to protect legitimate interests," Cui Tiankai, Chinese ambassador to the United States, told USA Today's editorial board on Tuesday. The ambassador reiterated that China is firmly against any trade...
China has extended its tariff exemptions on 124 categories of goods subject to countermeasures against the US Section 301 surcharges from 1 July to 15 February 2023. The move was confirmed by the Customs Tariff Commission of the State Council on 28 June.
Mexico will take necessary steps to tackle trade issues with the United States, said the president in a daily press conference. The U.S. Department of Commerce announced Monday that it will impose anti-subsidy duties on structural steel products from Mexico, as a result of an investigation init...
The process of putting tariffs in placekicked offin March last year, with Trump stating at the time that an investigation by US Trade Representative Robert Lighthizer had concluded China was using foreign ownership restrictions to require technology transfers from US companies to Chinese organisations,...
2. Chinese online sellers get massive ePacket discounts when shipping to the United States, but not the other way around. It’s often cheaper to send a widget from China to the US, than within the US itself. American sellers were already at a major disadvantage, asyou are taxed on the...