Companies Are Already Exiting China to Escape Trump’s Tariffs
Steven Madden Ltd. is accelerating plans to shift production out of China after Donald Trump’s victory in the US presidential election raised the odds of increased tariffs on imported goods.
Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders
President Trump's aggressive threats about new tariffs on imports are resulting in a scramble among shippers to get cargo into the U.S. sooner than planned.
The Economic Consequences of Trump’s Tariffs - FEE
Trump recently claimed that “tariffs are the greatest thing ever invented,” while discussing his proposal for a 60 percent tariff on Chinese imports and
Companies ready price hikes to offset Trump’s global tariff plans
U.S. companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins.
Tariffs are at the center of former President Donald Trump’s economic plan. He wants to put across-the-board 60% tariffs on everything from China and 10%-20%...
Yellen says high US tariff wall 'deeply misguided', would raise prices
U.S. Treasury Secretary Janet Yellen will say on Thursday that walling off the U.S. economy as proposed by Republican presidential candidate Donald Trump would be "deeply misguided," raising prices for American consumers and making U.S. companies less competitive.
Albert Gallatin and the Free Trade Convention of 1831 - FEE
Author’s Note: This is the third of three essays about America’s longest-serving Treasury Secretary, Albert Gallatin (here are Part 1 and Part 2). All three
US, Mexico move to thwart China circumvention of tariffs
The U.S. and Mexico on Wednesday announced new steps to fight the circumvention of U.S. tariffs on steel and aluminum by China and other countries that ship products through Mexico, implementing a North American "melted and poured" standard for steel.
Australia scraps 'nuisance' tariffs to remove red tape, lower living costs
Australia said on Monday it would remove import tariffs on a wide range of goods including toothbrushes, toasters, hand tools and clothing in a bid to eliminate red tape for businesses and bring relief to families battling higher living costs.
US tomato tariff dispute becomes ripe with tension
As small farmers petition to terminate a longstanding trade deal with Mexico, NatureSweet and others are sounding the alarm about a potential spike in consumer prices.
“Tariff engineering is fascinating.
Take Converse Shoes: a fuzzy fabric covers large sections of the sole, but it’s not for fashion reasons.
The placement of the fuzzy material classifies the shoe as a slipper, which has a much lower import duty (<5%) than for wholly rubber sole…”