CPA today applauded a letter led by U.S. Senator Sherrod Brown (D-OH) calling on President Biden and U.S. Trade Representative (USTR) Katherine Tai to maintain Section 301 China tariffs.
Despite USMCA being the “gold standard” trade agreement, Mexican trade problems are increasing with the U.S. The Senate Finance Committee on Wednesday brought up the surge of Mexico steel imports into the United States, in breach of a 2019 joint statement. Some are calling for steel tariffs now. Mexico is preparing to retaliate. Sen. Sherrod…
At a time when China continues its attempts to decimate American manufacturers and workers through predatory trade activity, Chairman Jason Smith’s leadership on trade issues has been a welcome improvement over previous chairs that have rubber stamped failed free trade programs.
USTR Katherine Tai sat for a two hours-plus hearing with the House Ways and Means Committee on Tuesday to discuss trade matters and was met early on by some staunch criticism.
How bad does Beijing’s behavior have to become before the U.S. stops talking with China? It’s time to take pragmatic steps, including the removal of China’s MFN, to protect our national interest.
Tariffs that began in 2018 have not destroyed the U.S. economy. The stock market did not crash. Tariffs weren’t the cause of inflation either. And many manufacturing industries from kitchen cabinets in Alabama to solar in Ohio are thriving because of them.
How can U.S. industry, small and large, compete against countries with much weaker currencies, lower labor and environmental regulatory costs, and the overproduction and dumping that come from Asia?
Despite the best efforts of Ambassador Tai and others, it’s time for our lawmakers and the administration to take punitive action and address Mexico’s blatant disregard of the trade agreement.