The president-elect’s ‘Meet the Press’ interview also touched on monetary policy, immigration, abortion and U.S. involvement in Ukraine.
tariff
Posted inBusiness, Nation & World
China bans exports to U.S. of gallium, germanium, antimony in response to chip sanctions
The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject to export controls on computer chip-making equipment, software and high-bandwidth memory chips.
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Posted inBusiness, Nation & World, News
Trump vows to block Japanese steelmaker from buying U.S. Steel, pledges tax incentives and tariffs
Trump had vowed early in the presidential campaign that he would ‘instantaneously’ block the deal.
Posted inBusiness, Nation & World, News
Shoe brand Steve Madden slashing Chinese imports ahead of Trump tariffs
The company, known for its trendy footwear for teens, announced the moves on Thursday, and said it had already been developing a factory network in Cambodia, Vietnam, Mexico and Brazil for several years.
Posted inBusiness, Nation & World
Trump or Biden? Either way, U.S. seems poised to preserve heavy tariffs on imports
The one thing they both seem to agree on is the view that opening the country to more imports has wiped out American manufacturing jobs.
Posted inNation & World, News, Uncategorized
Mexico imposes 50% tariff on white corn imports amid trade dispute with U.S. and Canada
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 a trade dispute between Mexico and its North American trade partners, Canada and the United States.
Posted inBusiness, Nation & World
Biden orders emergency steps to boost U.S. solar energy production
The president’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components including cells used for clean-energy generated fuels.
Posted inBusiness, Local & State
EU edges closer to eliminating tariffs on Maine lobster
A key European Parliament committee voted overwhelmingly to advance a trade deal to eliminate import duties to Europe on American lobster.
Posted inBusiness, Nation & World
U.S. drops tax on Canada’s aluminum, heading off retaliation
Gov. Janet Mills had joined New Hampshire Gov. Chris Sununu and Vermont Gov. Phil Scott to ask President Trump to eliminate the tariff.
Posted inBusiness, Local & State
European Union drops tariffs on U.S. lobster
The decision will put the U.S. on equal footing with Canada in what had traditionally been a huge export market for American lobster.