The Administration and Congress are fighting online trade in fake goods such as fake COVID-19 test kits and vaccines and other counterfeit products.
The WTO zero-for-zero tariff agreement on trade in health-related products needs to be expanded. Free trade will help promote recovery after COVID-19.
Imported autos are being targeted with tariffs for “national security” reasons – but why? Congress introduced bipartisan bills to restrain the administration’s use of Section 232 tariffs. In a still-confidential 2019 report, the Department reportedly found that imported autos like the Volkswagon GTI “threaten to impair the national security” and recommended that the president impose tariffs as high as 25 percent.
Trade in live animals is listed in Chapter 1 of the Harmonized Tariff Schedule. Livestock trade (from bees to goat farming) provides extra income and improves nutrition in developing countries.
Special 301 rules direct the Office of the U.S. Trade Representative (USTR) to identify foreign countries that don’t do enough to protect intellectual property rights. Involvement from the private sector is also critical to prevent intellectual property theft.
Harley-Davidson wants to grow international sales of its iconic motorcycles. But tariffs have thrown a monkey-wrench into those plans. Tariffs on Harley-Davidson bikes are a sticking point in U.S.-India trade relations.
European wine is getting caught in a decades old trade dispute. But tariffs on imported wines from France, Germany, or Spain are a lose-lose for the U.S. wine industry. European winemakers may just shift their exports to avoid U.S. tariff pain and grow their market share in emerging economies like China.
Modern day slavery is more common than you might think. Trafficking in humans is the worst form of illicit trade. Wherever the debate comes out on how to use trade agreements and policies to promote human rights, free trade must begin with free.
Corruption is one of the most costly non-tariff barriers in global trade. The trouble is, there is no one-size-fits-all solution. Tackling corruption to promote legitimate trade would have positive impacts on millions around the world. An OECD report suggests a mix of approaches.
As negotiations continue toward a trade agreement, President Trump and President Xi of China have imposed tariffs on each country’s products in an unprecedented trade war. If you’ve lost track of how we got here, here is a handy quick guide to recent events unfolding in the ongoing U.S.-China trade war.