By Charles Benoit, CPA Trade Counsel Regrettably, the Biden Administration announced last week that they’re open to tariff cuts to imports of Made-in-China merchandise. First
In speaking for the Biden administration this week at a conference at think tank CSIS in Washington, Katherine Tai said she didn’t want to “inflame relations” with China. Why this attitude gets us nowhere but towards the China-centric, pre-trade war status quo.
Wall Street will have to get used to a weaker dollar. If not, trillion-dollar trade deficits will be the norm. This comes at great expense to America’s industrial base, and the middle class.
US Trade Representative Katherine Tai says Trump-era tariffs are effective against China. We expect fervent corporate pushback in the months ahead as Phase One trade deal expires, as well as other tariffs next spring.
The Mexican & Guatemalan governments are working against their own peoples’ interests. Rather than weakening our rules of origin, North American leaders should be united in recapturing market share lost to China.
The U.S. China Economic and Security Commission held a three part hearing on U.S. China relations in 2021. In Part 1, treating Hong Kong like it is no different than Shanghai is now up for debate.
Thanks to currencies worth peanuts, and weak environmental rules, China has turned three SE Asian nations into their solar-making vassal states. The 20% tariff against them is not enough. Here’s what Washington needs to do if it wants a domestic solar industry.
Secretary of State Blinken says national security and economic security go hand in hand. But the U.S. Chamber of Commerce believes that outsourcing economic might to Asia is just as important.
A Senate Commerce hearing on supply chain resilience praises the U.S. Innovation and Competition Act, but forgets that there is a trade provision in that act that actually does harm to any plans to diversify supply out of China.