Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
Tag: Customs (Tariff)
Biden Vetoes Legislation That Would Reinstate Tariffs on Some Solar Panels
President Biden announced a two-year pause on the tariffs last year after importers complained that the penalties would threaten broader adoption of solar energy in the United States.
Congress Clashes With Biden Over Tariffs on Illegal Chinese Solar Panels
In a rebuke to the Biden administration, the Senate approved a measure to reinstate tariffs on solar panels found to violate U.S. trade rules.
E.U. Extends Tariff Waiver for Ukrainian Grain, Despite Some Protests
The bloc will provide more than $100 million to farmers in eastern countries where tariff-free Ukrainian grain produced a supply glut and plunging prices.
China Wine Tariff Pushes Australia’s Grape Growers Into Crisis
Two years later, they’re suffering from a glut of red wine and plummeting grape prices with no overseas market big enough to fill the gap.
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
US Proposes Global Green Steel Club That Would Put Tariffs on China
A concept paper sent to the European Union suggests a new trade approach to tax metal made with higher carbon emissions in countries like China.
U.S. Aims to Constrain China by Shaping Its Environment, Blinken Says
The U.S. secretary of state gave a glimpse of President Biden’s classified strategy on China, in which officials have concluded they cannot change Beijing’s behavior.
Debate Over Tariffs Reveals Biden’s Difficulties on China Trade
Sixteen months into the Biden presidency, U.S. officials are still divided over what to do about a trade legacy left by President Donald J. Trump.
U.S. to Lift Tariffs on Ukrainian Steel
The Biden administration will lift a 25 percent tariff on the Ukrainian steel sector for one year to help the country’s economy.