Tag Archives: tariffs

Washington says aim of Yellen’s meeting with Liu is to ‘deepen communication’; Beijing calls the meeting ‘policy coordination’. Source link

China enters the new year facing more economic uncertainty than it has faced in decades, but there is a path that can avoid steer it clear of pitfalls. It requires adapting old policies to new conditions to boost domestic consumption, navigate Covid challenges, and strengthen trade relationships. Source link

Such a move work mark a novel approach, using duties – normally employed in trade disputes – to further a climate agenda. Source link

A months-long investigation found several manufacturers were finishing their products in Southeast Asia in a bid to evade existing measures, US officials say. Source link

Renewal comes four years after additional duties imposed on products ranging from construction to cars encompassing US$16 billion worth of goods. Source link

Even the president’s advisers are divided: some favour keeping duties as leverage in negotiations with Beijing; others want to reduce them at a time of high inflation. Source link

If China makes trade concessions to US in the face of strong domestic opposition, it ‘would risk a potentially destabilising domestic backlash’, according to a PIIE study that cites ‘worrying implications’ for open trade. Source link

Even though the Uygur Forced Labour Prevention Act does not take effect until Tuesday, traders in China’s Xinjiang region say losses have been mounting for months, as buyers shun what was once prized as the world’s most expensive cotton. Source link

Treasury Secretary Janet Yellen said China ‘engages in range of unfair trade practices’ but ‘the tariffs we inherited, some serve no strategic purpose’. Source link

Biden said he would be talking to Xi and was ‘in the process’ of making a decision about the tariffs imposed by the Trump administration on Chinese imports. Source link