On April 2, President Trump announced new reciprocal tariffs on all trading partners. Since then, tariff increases for all countries except China have been placed on hold for 90 days, but across-the-board 10 percent tariffs on goods from all countries except Canada and Mexico remain in place. Canada and Mexico
On March 7, President Trump announced plans for "reciprocal" tariffs on Canadian lumber and dairy imports, which could be implemented as soon as early next week. This follows his March 1 executive order directing the Commerce Department to investigate whether foreign government subsidies for lumber and derivative products
China Sanctions 7 U.S. Companies and Executives Over Arms Sales to Taiwan China has banned Chinese companies or individuals from doing business with seven Western defense firms. The sanctioned companies are Insitu Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc. and Oceaneering International Inc.
USTR announces additional duty increases on polysilicon, wafers, and tungsten On Wednesday, December 11, the Office of the U.S. Trade Representative (USTR) announced additional tariffs as part of its review of the Section 301 duties on imports from China. Duties on unwrought tungsten and tungsten bars and rods will
With a second Trump presidency on the horizon, businesses are facing certain uncertainty. They know that geopolitical volatility is likely, but the contours of that volatility are still unclear. Hopes that things will return to "business as usual" have proved to be wistful thinking. The Biden administration not
Chamber: U.S. will block exports to 200 more Chinese chip companies before Thanksgiving Last Thursday, the U.S. Chamber of Commerce sent its members an email stating that the U.S. Department of Commerce is preparing to add an additional 200 Chinese semiconductor companies to its "Entity List
With tariffs on the horizon, companies are stocking up President-elect Donald Trump has proposed raising tariffs on imports from China by between 60% and 100% - on top of existing duties. In anticipation of these tariffs, companies are scrambling to import as much as they can before Inauguration Day. Year