Tag: trade policy

Trump Floats Universal Import Tariffs in 2024 Campaign

Former President Donald Trump and his 2024 presidential campaign, released his “America First” trade plan that would promote universal tariffs on most imported goods if he takes office for his second term. The 45th president called for a system of universal baseline tariffs on most foreign products that rewards American domestic production while taxing foreign companies, in…


Carbon Tariffs: A Continuation of President Trump’s China Policy

Commentary Imagine this: an America First proposal that brings manufacturing jobs back to the United States, delivers a haymaker to China’s economy, and in the process, restores a sliver of our own integrity in Joe Biden’s America. Sounds like Donald Trump’s vision, doesn’t it? Unfortunately, not all of the traditional GOP establishment is rowing in…


US Senate Passes Bipartisan Shipping Bill to Ease Supply Chain Backlog

A bipartisan bill designed to alleviate the supply chain crisis and ease shipping backlogs was unanimously passed by the U.S. Senate by a voice vote on March 31, after approval in the Senate Commerce Committee last week. The Ocean Shipping Reform Act, co-sponsored by Sens John Thune (R-S.D.) and Amy Klobuchar (D-Minn.), will strengthen the…


Biden Faces Tough Challenges in Fixing World Trade System

WASHINGTON—Globalists await President Joe Biden’s reset on U.S. trade policy, but deep-seated problems and lack of consensus among allies will likely create a significant hurdle for the new administration in fixing the global trading system that has failed to contain non-market economies like China. Biden has promised to take a more multilateral approach in dealing…