MEXICO CITY—Mexico on Saturday began imposing a 50 percent tariff on white corn imports, a move the president says looks to boost national production and prevent imports of genetically modified corn. The measure, published late Friday in the Mexican government’s official gazette, will be in force until the end of the year and occurs amid…
Mexico Imposes 50 Percent Tariff on White Corn Imports Amid Trade Dispute With US and Canada
Senate Votes to Undo Freeze on Chinese Solar Tariffs, Setting Up Showdown with Biden
May 3, 2023
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The Senate narrowly advanced a joint resolution reversing the Biden administration’s emergency shield against tariffs for some Chinese-made solar panels. Now the ball’s in President Joe Biden’s court. The White House has said he will veto the joint resolution, warning the measure would “create deep uncertainty for jobs and investments in the solar supply chain…
Turkey Forges Ahead With Domestic Electric Vehicle Brand, Imposes Heavy Tariff on China Imports
News Analysis Turkey, the transcontinental country with a budding automobile industry, has imposed a 40 percent tariff on electric vehicle imports from China. Turkish President Tayyip Erdogan had decided to impose the tariff on China, but not specifically on electric cars made in other countries, according to the country’s official announcement on March 3. Sun…
Aluminum Prices Shrug Off 200 Percent US Import Tariffs for Russia
LONDON—Aluminum prices on the London Metal Exchange shrugged off a decision by the United States to impose steep tariffs on Russian metal on Friday, though traders said prices would have jumped if the U.S. had imposed sanctions instead. One year on from Russia’s invasion of Ukraine, the United States said it would impose a 200…
US Trade Representative Announces Plan to Launch Online Portal for Comments on China Trade Act
The Office of the United States Trade Representative (USTR) announced plans for opening an online portal for public comments for the statutory four-year review of China 301 Tariffs. USTR plans to open an online portal, comments.USTR.gov, to the public on Nov. 15, for comments from interested parties. In May, USTR issued steps in commencing the statutory four-year…
White House: Biden Weighing Options on China Tariffs; Highland Park Suspect Charged with Murder | NTD News Today
President Biden could soon decide whether to roll back tariffs on some Chinese goods. Officials are split on whether to do it or not. The Biden administration has an issue with a new law in Arizona. The law requires people to prove they are U-S citizens before they get registered to vote. A government watchdog…
Biden Raises US Tariff Rate on Certain Russian Imports to 35 Percent
June 29, 2022
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WASHINGTON—President Joe Biden on Monday raised the tariff rate on certain Russian imports to 35 percent as a result of suspending Russia’s “most favored nation” trading status over its war in Ukraine, according to a proclamation issued by the White House. The higher 35 percent duty applies to imports of “certain other products of the…
Biden Administration Could Lift Some China Tariffs; FINA Restricts Transgender Swimmers | NTD News Today
U.S. Treasury Secretary Janet Yellen says some China tariffs from the Trump era serve no strategic purpose. Does it signal the end of some of them, amid record high inflation? International Swimming Federation FINA ruling to restrict transgender athletes competing in elite Women’s events. Find out how female athletes are reacting. Apple store workers in…
Severe Floods, Major Damage in Southern China
The United States can now import more solar panels from Southeast Asian countries. But are they connected to forced labor in China? Questions rise as the White House pushes for clean energy. China’s rainy season has begun, with severe downpours wreaking havoc in the southern regions. But local authorities may be adding to the damages….
US Mulls Lifting Some China Tariffs to Fight Inflation
June 5, 2022
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WASHINGTON—U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. “We are looking at it. In fact, the president has asked us…
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