Peter Navarro, White House senior counselor for trade and manufacturing, argues that academics, editorial writers and analysts who say higher tariffs hurt domestic manufacturing are all wrong.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
Section 232 tariffs on heavy- and medium-duty trucks and their parts and on buses will take effect Nov. 1, under a proclamation issued by President Donald Trump. Tariffs will be set at 25% for classes III through VIII trucks and their parts, and 10% on buses.
U.S. Trade Representative Jamieson Greer faced some skepticism at a Republican lunch this week, but how much is unclear, since many Republicans were circumspect in describing the conversation. However much intra-party pushback there is toward the administration's tariff and trade policy, one senator told International Trade Today that it doesn't matter in the end.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
RANCHO MIRAGE, Calif. -- Artificial intelligence can never fully replace customs brokers because customs work often involves situations that require understanding the context behind an issue in such a way that a machine cannot, trade experts said on a panel during the Western Cargo Conference's annual meeting in Palm Springs, California, last week.
The sunset review of USMCA was designed to provide certainty to businesses, since even if one country says it doesn't think the trade pact should continue at the six-year mark, consultations continue for 10 years.
President Donald Trump is suspicious of continuing a free-trade agreement with Canada and Mexico, according to a person who was a top trade official during the president's first term.
There is a directive from President Donald Trump to quickly land deals in steel, aluminum and energy, according to Canadian Trade Minister Dominic LeBlanc, who spoke to Canadian reporters in the late afternoon Oct. 7, after a White House visit accompanying Prime Minister Mark Carney.
Mexican media reported that President Claudia Sheinbaum said in her daily press conference that Mexico will try to get an exemption from the announced 25% tariff on medium- and heavy-duty trucks.