Tariffs
Total 106 Posts
China Outlines "Preliminary Results" from Trump Visit
China's Ministry of Commerce detailed its view of a five-point consensus reached during this week’s summit between Presidents Donald Trump and Xi Jinping, signaling a commitment to reciprocal tariff reductions in order to deescalate tariff tensions and an expansion of trade in the aircraft and agricultural
U.S. Trade Court Ruling Strikes Down Section 122 "Balance-of- Payments Deficits" Tariffs
In a split opinion issued today, a two-judge majority on the U.S. Court of International Trade ruled that the surcharge imposed by the Trump administration under Section 122 of the Trade Act of 1974 is inconsistent with the requirements of that statute.
Beijing Scraps Tariffs for 20 African Nations in Major Trade Push
Today, China's Customs Tariff Commission of the State Council updated its tariff schedules, granting zero tariffs to imports from 20 African countries, effective next month.
Public Comments Come in for USITC PNTR Withdrawal Investigation
Public comments submitted in response to a U.S. International Trade Commission (USITC) investigation on the withdrawal of Permanent Normal Trade Relations (PNTR) for China show a split between supporters and opponents on the possible move.
In February, the USITC announced the PNTR withdrawal investigation. As the USITC explains, its
Trump Administration Imposes Pharmaceutical Tariffs, Impact on Chinese Imports May Be Limited in Short Term
Last week, the Trump administration imposed 100% tariffs on patented pharmaceutical products and ingredients. Imports of pharmaceuticals from China are largely generics, though, and may not feel much impact from these tariffs.
China Issues Affirmative Determination in Trade Barrier Investigation of Mexican Restrictions
On March 25, China's Ministry of Commerce (MOFCOM) released its final conclusion regarding the trade and investment barrier investigation into restrictive measures implemented by the Mexican government, reaching the conclusion that Mexico's recent tariff increases on products from non-Free Trade Agreement (FTA) partners, specifically targeting
New Trump Tariffs Lead To New Lawsuit
After the Supreme Court struck down President Trump's IEEPA tariffs, his administration immediately turned to Section 122 of the Trade Act of 1974 for replacement tariffs (to be supplemented by additional tariffs under Section 301 of that same statute, as well as Section 232 of the Trade Expansion