The global fashion industry faces tariffs on clothing exports, changing consumer demand, and of course, fallout from the pandemic.
In response to WTO-illegal European subsidies to its aircraft industry, the U.S. administration is reportedly considering what is known as “carousel” retaliation against the EU – a regular rotation of goods targeted for tariffs, designed to impose maximum pain. The United States and Europe have been on this ride before.
India is one of the United States’ top ten trading partners. But trade deficits continue to be a hot topic for policymakers in both Washington and New Delhi.
The economy of Argentina has been distorted by nearly 600 different export taxes. Trade restrictions can reinforce poor economic outcomes.
Learn about global trade in baby products like diapers, toys, and car seats – and the impact of the U.S.-China trade war on the baby care industry.
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.
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.
The U.S. and China signed a trade deal on Jan 15. Attempting to rewire China’s economic system cannot be achieved in one pass – an agreement this ambitious would have to be built in phases. What does that mean for the future of trade deals?