The four members of the U.S. International Trade Commission today each proposed a combination of remedies for President Trump to consider in a safeguard investigation into solar imports, including quantitative restrictions, tariff-rate quotas and the launch of international negotiations. [Isabelle Hoagland | October 31, 2017 | Inside US Trade] After unanimously voting on Sept. 22…
CONTACT:Thomas M. SneeringerCommittee to Support U.S. Trade Laws (CSUSTL)[email protected]202-999- 9154www.csustl.us; @csustlIMMEDIATE RELEASE (Washington, DC, November 1, 2017) – The Committee to Support U.S. Trade Laws (CSUSTL) welcomes and applauds the determination issued by the U.S. Department of Commerce (DOC) that China’s economy should continue to be properly treated as a “Non-Market Economy” (NME) for purposes…
As ITIF has written in numerous reports and testimony—including “Testimony Before the U.S. House Foreign Affairs Subcommittee on China’s Threat to U.S. Advanced Industries” (April 2017), “Stopping China’s Mercantilism: A Doctrine of Constructive, Alliance-Backed Confrontation” (March 2017), “Testimony Before the U.S.-China Economic and Security Review Commission on Chinese Foreign Direct Investment” (January 2017), “False Promises:…
The Commerce Department has issued a 205-page memo laying out its case for maintaining China’s non-market economy status for the purpose of antidumping cases just as President Trump prepares to meet Chinese President Xi Jinping next week in Beijing. [Jack Caporal| October 30, 2017 | Inside US Trade] China believes the expiration of certain provisions…
While many across America have focused (rightly) on the wreckage of American factories caused by the North American Free Trade Agreement, many more families also saw their livelihoods impacted as NAFTA hammered America’s beef industry. [Mike Schultz | October 23, 2017 | High Plains Journal] As a family farmer in Brewster and a Local Union…
A steel mill in Huger, S.C., in April. The president signed executive orders in April calling for the Department of Commerce to launch investigations into whether imports of steel and aluminum were harming American national security. [Ana Swanson | October 26, 2017 | New York Times] WASHINGTON — Frustration over President Trump’s delay in imposing…
During an interview broadcast on Wednesday’s edition of the Fox Business Network’s “Lou Dobbs Tonight,” President Trump stated that in order to turn NAFTA into a fair deal, it has to be terminated. [Ian Hanchett | October 25, 2017 | Breitbart] Trump said, “I tell my people, I say right now it’s going to be very…
The Trump Administration wants to bring down the U.S. trade deficit. [Brad W. Setser | October 27, 2017 | CFR.Org] A number of manufacturing-heavy Asian economies run sizable current account surpluses. Over the course of the summer, some of them were clearly intervening to keep their currencies from rising against the dollar. But, somewhat surprisingly,…
The U.S. is “not in a position to offer anything in return” to Mexico and Canada in the NAFTA renegotiation talks, Commerce Secretary Wilbur Ross said on Wednesday – calling the U.S. approach a “tough sell.” [Daily News | October 26, 2017 | Inside US Trade] In brief remarks on CNBC, Ross was asked about the…
Last week China’s President Xi Jinping gave a 3 ½ hour speech at China’s Communist Party Congress. While some American commentators say China is becoming more like the west, Xi declared, on the contrary, that China is rising quickly to world superpower status, capable of challenging the US economically, politically, and, by 2050 militarily, too.…