Tariffs are a form of taxation. Indeed, before the 1920s, tariffs (or customs duties) were typically the largest source of funding for the U.S. government. Of little interest for decades, tariffs are again becoming relevant, given the substantial increase in the rates charged on imports from China. U.S. businesses and consumers are shielded from the […]
Trump Hits China with Tariffs on 1,300 Products…
The Trump administration Tuesday rolled out a list of proposed Chinese high-tech imports to hit with new tariffs, advancing get-tough measures that have raised alarms about a trade war. The list named 1,300 separate products with a total value of roughly $50 billion. President Trump ordered the tariffs to combat China’s unfair trade practices and […]
Commerce Secretary Wilbur Ross Discusses the Big Picture Trade Confrontation with Duplicitous Panda (VIDEO)…
The Full List of U.S. Products That China Is Targeting with Tariffs…
Why China’s Soybean Tariff Changed Everything…
U.S., China Signal Room for Talks with Trade Tensions Heating Up…
The U.S. and China indicated they’re willing to negotiate on escalating frictions, helping to ease fears among investors that a tit-for-tat trade dispute could derail the strongest global expansion in years. The White House’s National Economic Council Director Larry Kudlow spent much of the day Wednesday trying to calm markets after the two countries announced […]