The administration faces court challenges over its Section 301 tariffs, its ban on WeChat, and its ever-changing TikTok deals. The House meanwhile passed two bills banning trade with Chinese entities employing Uighur or other forced labor and another renewing Caribbean Preferences. The weekly trade report with LC The court case filed on September 10th by […]
Administration trade setbacks
In the past seven to ten days, President Trump’s Section 301 tariffs on China, his aluminum tariff on Canada, his Commerce Department’s treatment of US importers, and his personal involvement in the TikTok sale have all generated trade setbacks or criticism. The weekly trade report with L.C. Here’s a round-up of administration trade setbacks: China […]
In lumber dispute, WTO sides with Canada
This week’s report with trade correspondent L.C. covers US trade developments with Canada (lumber), Vietnam (tires), Brazil (steel), and Taiwan (FTA); the Republican convention; and Japan-Australia-India talks for “supply chain resilience” A WTO dispute settlement panel has found that the US erred in determining that Canadian softwood lumber was unfairly subsidized and that it therefore […]
Aluminum tariff re-imposition opens protectionist-themed election campaign
The 10% tariff on aluminum that President Trump just re-imposed on Canada will hurt downstream US aluminum manufacturers and benefit Chinese and Russian producers of raw aluminum. The president’s restrictions on Chinese spy technology, by contrast, are welcome. The weekly trade report with L.C. On August 6th, President Trump signed a “Proclamation on Adjusting Imports […]
President Trump channels Speaker Pelosi
In panic mode, President Trump is adopting many of the expensive anti-growth policies championed by House Speaker Nancy Pelosi and presumed Democratic presidential candidate Biden. This bodes ill not only for his own campaign but also the survival of the Republican Party. by Richard Schulman House Speaker Nancy Pelosi wants to renew the just-expired $600 […]
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