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Could Coronavirus Shortages Lead To Sec. 232 Tariffs For The Medtech Industry?
Monday, April 6, 2020 - 5:14pm | 1093Read More...Section 232 of the Trade Expansion Act got a lot of attention in the early Trump years when the president invoked the passage to restrict steel and aluminum imports. The act allows officials to tax foreign products that are considered to be weakening national security. The coronavirus...
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China's 'Regionalization' Agreement To Benefit US Poultry Exports
Tuesday, March 24, 2020 - 2:00pm | 516Read More...The U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) announced that it has reached a "regionalization" agreement with China for the safe trade of poultry products during disease outbreaks. "This agreement will help our farmers and ranchers by maintaining export...
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US Lets Up On Import Tariffs For Chinese Medical Supplies
Monday, March 23, 2020 - 1:17pm | 478Read More...The White House's trade negotiating office assured U.S. medical supplies importers that it will not impose import tariffs on Chinese products such as ventilators, oxygen masks and nubilators during the coronavirus (COVID-19) pandemic. "Throughout the process of administering its Section 301 action...
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Appeals Court Finds Trump's 25% Steel Tariff Constitutional
Monday, March 2, 2020 - 10:50am | 552Read More...The U.S. Court of Appeals for the Federal Circuit on Friday upheld a decision by the Court of International Trade that found President Donald Trump did not violate the U.S. Constitution when he imposed a 25% tariff on steel imports in March 2018. In June 2018, the Alexandria, Virginia-based...
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Coronavirus: Great For In-House Entertainment
Friday, February 28, 2020 - 10:34am | 910Read More...As the pandemia is keeping cities on lockdown, many companies are taking a direct hit to their sales. Others who depend on China for manufacturing are facing supply chain issues. But, there are two sides of each coin. First of all, due to the well-known US-China trade war that is more ‘old...
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USMCA Boosts Demand For Industrial Space Near Border
Tuesday, February 25, 2020 - 5:31pm | 567Read More...A Boston-based real estate firm recently purchased a 24-acre industrial park some 3 miles from the Port of Houston and 200 miles from the U.S.-Mexico border. It is the latest in a string of transactions involving industrial, logistics and warehouse space in the Texas-Mexico border region in recent...
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Senators Urge Trade Sanctions For Russian Election Interference
Tuesday, February 25, 2020 - 12:33pm | 478Read More...Democratic Senate Leader Charles Schumer, along with Sens. Sharrod Brown and Robert Menendez, urged the White House to proceed with imposing sanctions against Russian government agencies and officials, and even President Vladimir Putin himself, based on recent U.S. intelligence reports that Russia...
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A Dive Into The Dip: 2019 Company Closure Analysis
Tuesday, February 25, 2020 - 9:57am | 69Read More...Image by Albert Dezetter from Pixabay
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Refrigerated Cargo Is Being Diverted From Chinese Ports
Monday, February 17, 2020 - 6:09pm | 1059Read More...The initial assessment of the coronavirus effect on ocean shipping was: It will slash Chinese exports of containerized, factory-made goods and reduce China's import demand for industrial and energy bulk commodities. As it turns out, that appraisal missed a big part of the fallout picture. The...
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US Will Raise Import Tariffs On EU Aircraft In March
Monday, February 17, 2020 - 5:34pm | 514Read More...In response to a recent World Trade Organization (WTO) decision that allowed the U.S. to impose retaliatory import tariffs on $7.5 billion of EU goods, the Office of the U.S. Trade Representative (USTR) will raise the duty on imported EU aircraft from 10% to 15%, effective March 18. The WTO first...
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White House Forms China Trade Deal Watchdog Office
Monday, February 17, 2020 - 1:34pm | 512Read More...The White House has initiated a new office to ensure that China sticks to its commitments under the "Phase One" trade deal reached between the U.S. and China on Jan. 15. The office, which will be administered by the Office of the U.S. Trade Representative (USTR), will also work with China's...
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Trade Tariffs Slow Pour Of American Whiskey Exports
Wednesday, February 12, 2020 - 6:09pm | 493Read More...The Distilled Spirits Council of the United States (DISCUS) warned on Wednesday during its annual economic briefing in New York that a decade of expanding American whiskey exports is about to be bottled up by an ongoing U.S. trade war with the European Union. "The data is clear. These tariffs are...
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US Sets In Motion Trade Sanctions On Mali
Thursday, February 6, 2020 - 5:08pm | 267Read More...The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Thursday said it is preparing to implement a presidential executive order that will set the stage for trade sanctions on Mali. The West African country in recent years has become a flashpoint of terrorist activity on the...
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China Halves Imports Tariffs On $75 Billion Worth Of US Products
Thursday, February 6, 2020 - 12:15pm | 259Read More...China's Customs Tariff Commission on Thursday announced it will halve existing tariffs on $75 billion of U.S. imports as part of the "phase one" trade agreement signed between China and the U.S. on Jan. 15. In a statement on China's Ministry of Finance website, the move will "promote the healthy...
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Will Phase One Deal De-Escalate The US-China Trade War?
Monday, January 27, 2020 - 12:04pm | 1477Read More...After nearly three years of discordant trade talks between the U.S. and China that have stifled growth and investment in both nations while sending financial markets into a frenzy, the U.S. and China have finally reached ‘phase one' of a trade agreement. This first phase was signed by both parties...
