The Chinese-dominated solar industry has come under increased pressure lately, with tariffs raised on May 14, a two-year moratorium on dumping duties ending on Thursday, and the U.S. International Trade Commission voting 4-0 to initiate a new solar trade case on Friday.
The evidence put forward by U.S. solar manufacturers documenting predatory Chinese trade tactics is clear, and CPA is pleased that the Department of Commerce has chosen to initiate an investigation.
The laws have not changed to make duty-free de minimis shipping any more difficult, but U.S. Customs and Border Protection (CBP) is starting to get proactive.
The monthly goods and services trade deficit between the U.S. and the rest of the world has skyrocketed by a whopping 8.7% to $74.6 billion in April, putting the month well above the three month trend line.
The Biden administration’s unprecedented tariff moratorium was a gift to the CCP and its dirty coal, forced labor solar industry.
Holding China accountable for its illegal trade practices will allow for the growth of a more diverse, and more secure, solar supply chain, here in the United States.
This article includes details of products, rate increases, timelines, and the background behind the Biden Administration’s Section 301 Tariff Increase Proposal.
The next president should use every tool to rebuild America’s productivity, industrial base and middle class. And they should ignore the conventional economic textbook view that predicts calamity if those tools are used, especially because these predictions never come true.
Shein’s troubling record of misrepresentations, human rights abuses, and several other concerns should properly exclude the company from being listed on any U.S. exchanges.
The U.S. Senate Finance Subcommittee for International Trade, Customs, and Global Competitiveness took a one-sided view on the de minimis exemption in a hearing on Tuesday, rejecting anything but technocratic changes to the global duty-free rule for small packages priced under $800.
