Editors note: The Mexico challenge to US tariff actions will also challenge the future of the WTO if the institution continues being part of the problem by preventing the US from correcting our trade deficits. Mexico has started proceedings against the United States at the World Trade Organization (WTO), arguing that the tariffs that US President…
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Editors note: CPA supports country of origin labeling. It is wrong for USDA to label foreign beef as Product of the USA. The Trump administration has the power to fix this problem and should do so. R-CALF USA Billings, Mont.- Today, the U.S. District Court Eastern District of Washington granted summary judgment to the U.S.…
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Note: The European Union’s effort to target dumping of Chinese bicycles is a continuation of Europe’s past actions to prevent China’s oversupply from flooding their market in many products. The US trade actions this year are merely catching up with what other countries do BRUSSELS (Reuters) – The European Union opened an investigation on Monday…
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Summary note: The Coalition for a Prosperous America supports the legislation, referred to in this article, which would tighten incoming foreign investment restrictions. We are also very concerned about the takeover by Cosco Shipping, a Chinese company. If you owned a company, would you let your competitor monitor all your incoming and outgoing orders? In…
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Core concept: The overvalued dollar pushes US commodity prices down Around a decade ago, I was talking with a staffer of the Senate Commerce Committee about infrastructure. I gave a list of potential projects, including trains. He interrupted me and said that they don’t talk about trains there. [Dean Baker | June 3, 2018…
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There’s a lot of fuss right now about President Trump imposing tariffs on steel and aluminum imports. Critics fret about a trade war. Others worry there will be disruptions to global markets. [Dan DiMicco | June 3, 2018 | The Hill] Realistically, the president had no choice but to stand up for America’s steel and aluminum producers.…
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On March 8th, the president announced tariffs of 25% on steel imports and 10% on aluminum tariffs. The tariffs were levied under Section 232 of the 1962 Trade Act. Imports of both metals were reaching levels that seriously threatened US national security, including the reliable supply of metal for military use and use in vital…
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European Union leaders are considering how to retaliate against the United States, after President Trump imposed tariffs on steel and aluminium imports. Justin Webb speaks to Donald Trump’s former director of White House communications Anthony Scaramucci, while Nick Robinson speaks to Prof Greg Autry, who has worked on US trade policy with China; Bernd Lange, a…
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The U.S. government’s steel and aluminum tariffs went into effect — and they have already created an international furor. So mission number one is accomplished. The tariffs were intended to upset the applecart of an obsolete world trading system that is politically dangerous and economically disastrous. [Jeff Ferry | June 2, 2018 | The…
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Billings, Mont. – R-CALF USA announced today that the Trump Administration’s lifting of its temporary exemptions of Section 232 steel and aluminum tariffs for the European Union, Canada, and Mexico is the first step in revitalizing the nation’s ailing farm and ranch sectors, which are comprised primarily of family-scale operations. “For nearly half a lifetime the…
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