WASHINGTON—The White House signaled on Friday that it intends to maintain tariffs on Chinese goods despite mounting pressure from American businesses. “The President is always going to use every tool in his toolbox, including tariffs, to fight against unfair trade practices that hurt American workers, businesses, and farmers,” White House press secretary Jen Psaki said during a press…
White House: US to Continue Its Hard Line on China to Fight Unfair Trade Practices
White House: US to Continue Its Hard Line on China’s Unfair Trade Practices
WASHINGTON—The White House signaled on Friday that it intends to maintain tariffs on Chinese goods despite mounting pressure from American businesses. “The President is always going to use every tool in his toolbox, including tariffs, to fight against unfair trade practices that hurt American workers, businesses, and farmers,” White House press secretary Jen Psaki said during a press…
Yellen Criticizes Trump’s China Trade Policy, Tariffs
WASHINGTON—The Treasury Secretary Janet Yellen has questioned the merits of tariffs imposed by the Trump administration on billions of dollars of Chinese goods, stating that they have harmed American consumers. Yellen is the first Biden official to criticize the existing tariffs and her comments raise the question of whether the White House is preparing to…
Wolf Warriors Failed Trade War With Australia
Commentary Recently Chinese authorities have been scrambling to figure out a way to reinvigorate China’s failed trade war with Australia. Relations between China and Australia have been on a downward spiral over the last 12 to 18 months, triggered by the Australian government’s call for an international probe into the origins of COVID-19. On June…
Australia, Britain Reach Free Trade Deal to Cut Many Tariffs
LONDON—Britain and Australia announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the UK seeks to expand links around the world following its exit from the European Union. The pact is expected to boost exports of traditional British products such as Scotch whisky, while boosting…
China Is Destroying America’s PPE Industry: Subsidies,Tariffs Would Protect It for the Next Emergency
Commentary China is destroying America’s fledgling personal protective equipment (PPE) industry. The industry, which produces American-made masks and gowns, is being driven out of business by China’s exports, priced below the cost of production even in China, according to an American manufacturing group. That aggressive international trade tactic, called dumping, is illegal per WTO rules…
China Is Destroying America’s PPE Industry: Subsidies, Tariffs Would Protect It for the Next Emergency
Commentary China is destroying America’s fledgling personal protective equipment (PPE) industry. The industry, which produces American-made masks and gowns, is being driven out of business by China’s exports, priced below the cost of production even in China, according to an American manufacturing group. That aggressive international trade tactic, called dumping, is illegal per WTO rules…
Many Key China Issues Still ‘Under Review’ at Biden’s First 100 Days
WASHINGTON—As President Joe Biden’s first 100 days come to a close this week, a number of key policy positions and contentious issues remain “under review,” to use the White House’s terminology. Many relate to China, the United States’ strategic competitor, a rivalry that Biden has starkly defined, most recently in a speech to Congress on…
Biden Administration Has No Immediate Plans to Lift Tariffs on China: US Trade Chief
Newly minted U.S. Trade Representative Katherine Tai told The Wall Street Journal in an interview published Sunday that the Biden administration isn’t planning to lift tariffs on Chinese goods anytime soon, although she signaled potential openness to trade negotiations with Beijing. In her first post-confirmation interview, Tai said any sudden moves to lift tariffs were…
China in Focus (Feb. 19): U.S. Treasury Sec: Tariffs on China Will Stay
The Treasury secretary says the U.S. will keep tariffs on Chinese goods in place, for now. Senator Cotton calls for targeted decoupling with Communist China —saying the U.S. is once again at a crossroads of her destiny. Washington has an ace up its sleeve that could be used against Beijing. Without it, Chinese airplanes can’t…
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