The Biden administration would target Chinese industrial subsidies rather than the intellectual property theft and forced technology transfers the Trump administration opposed. The weekly trade report with L.C. The Biden administration is considering initiating a new Section 301 – unfair trade practices — investigation of China. The target would be China’s industrial subsidies, something the […]
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 […]
Beijing regime weakened by Hong Kong revolt
By trade correspondent L.C. and the editor President Trump is so wedded to his tariff threat against China that he has been practicing unilateral disarmament with respect to an objective arguably more important than a trade deal – namely, encouraging the Chinese people to rise up against the Xi Jinping dictatorship. In this respect, the […]
Will China implement structural reforms or just increase US imports?
Trade correspondent L.C. reports: Chinese Vice Premier Liu He came to Washington on January 30-31 and met with President Trump the second day. According to US sources and the public comments of US officials, no specific agreements were reached and the two sides remain far apart on the US’s structural issues of key concern: forced […]
Trade war with China has officially begun; allies also retaliating
Trade correspondent L.C. writes: The US confrontation with China ratcheted up on July 6th with the imposition of 25% tariffs on $34 billion in Chinese exports to the US. China immediately responded, as expected, by imposing 25% tariffs on $29.6 billion in US exports. The US tariffs were imposed under Section 301 of its trade […]
