Trump Administration
Total 42 Posts
U.S. Court Strikes Down IEEPA Tariffs; Trump Administration Appeals
In two parallel cases brought by a group of small businesses and by several U.S. states, a three-judge panel of the U.S. Court of International Trade (CIT) ruled yesterday that all of the Trump administration's tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are
Trump Administration Scraps Biden AI Rule and Issues New China Chip Curbs
In a recent development, the U.S. Department of Commerce rescinded the Biden-era AI Diffusion Rule, and announced new guidance to tighten chip-related export controls related to China.
De Miminis Exemption Rates Revised as Part of China-U.S. Deal
As part of the trade war with China, the Trump administration has raised tariffs on products that Chinese companies had been selling direct to consumers tariff-free through the "de minimis exemption." Through the deal reached earlier this week, those duties have been brought down a bit, but remain
China, U.S. Agree To Temporary Tariff, Trade War Truce
Surprising many people who were skeptical that the tariffs could come down so much in such a short time, China and the U.S. have reached an agreement to suspend most of the tariffs and other trade restrictions in effect between them arising from Trump's "reciprocal tariffs&
Congress Pushes Trump Administration on Restrictions on Outbound Investments in China
During a U.S. House Financial Services Committee hearing yesterday, at which Treasury Secretary Scott Bessent was testifying, Rep. Andy Barr (R-KY) raised the issue of legislation on Chinese outbound investment restrictions, and discussed with Bessent how Congress and the administration could work together on this.
USTR: U.S. Trade Concerns are Broader Than China
In an interview yesterday with Fox News, U.S. Trade Representative Jamieson Greer pushed back on the idea that President Trump's trade agenda was all about China, and instead emphasized the administration's broader concerns with trade deficits and U.S. manufacturing.
Trump Administration Initiates National Security Investigation on Critical Mineral Imports
Earlier this week, the Trump administration announced that it would be conducting a national security investigation under Section 232 of the Trade Expansion Act of 1962 related to imports of critical minerals and their derivative products.