At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen struck a tough tone on China, describing it as America’s most important strategic competitor and pledging to confront […]
Customs (Tariff)
Trending topics and news from the Customs (Tariff) category
Back to news homeYellen’s China Visit Aims to Ease Tensions Amid Deep Divisions
The last time a U.S. Treasury secretary visited China, Washington and Beijing were locked in a trade war, the Trump administration was preparing to label China a currency manipulator, and […]
TikTok, Shein and Other Companies Distance Themselves From China
Shein said in a statement that it was “a multinational company with diversified operations around the world and customers in 150 markets, and we make all business decisions with that […]
China Wine Tariff Pushes Australia’s Grape Growers Into Crisis
For years, China’s thirst for Australian wine seemed insatiable. Chinese drinkers were so passionate about big-bodied red wines from Australia that many vineyards replaced white grapes with darker varieties. Wineries […]
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
WASHINGTON — Efforts to mitigate climate change are prompting countries across the world to embrace dramatically different policies toward industry and trade, bringing governments into conflict.These new clashes over climate […]
US Proposes Global Green Steel Club That Would Put Tariffs on China
WASHINGTON — The Biden administration on Wednesday sent a proposal to the European Union suggesting the creation of an international consortium that would promote trade in metals produced with less […]
Biden to Pause New Solar Tariffs as White House Aims to Boost Adoption
WASHINGTON — The Biden administration on Monday announced a two-year pause on imposing any new tariffs on the solar industry, a decision that follows an outcry from importers who have […]
Debate Over Tariffs Reveals Biden’s Difficulties on China Trade
WASHINGTON — President Biden’s decision on Monday to try to align with Asian partners to form an economic bloc against China comes at a moment of frustration over his administration’s […]
For U.K. Companies Brexit Meant Higher Costs and Endless Forms
For more than a decade, Neil Currie could sell his company’s handcrafted black iron pans and cookware from Shropshire, the birthplace of Britain’s Industrial Revolution, to customers in Berlin as […]
Biden Rolls Back Trump’s Metal Tariffs On European Union
WASHINGTON — The Biden administration announced on Saturday that it had reached a deal to roll back tariffs on European steel and aluminum, an agreement that officials said would lower […]