He highlights some goals of his incoming administration. President Donald Trump promised his administration would bring about a new “Golden Age” in America, laying out a wide variety…
Read MoreTariffs
President Biden Responds to Canadian PM’s Resignation
He says “proud to call him my friend.“ President Joe Biden spoke with Canadian Prime Minister Justin Trudeau after he announced his resignation. The president commended the Canadian…
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Taxes and Tariffs
The U.S. Cabinet serves as one of the most crucial components of the executive branch of the federal government, assisting the president in implementing policies and managing national and international affairs.
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Treasury Official Says Diplomacy Mitigated China Reaction to Tariffs
Under Secretary Shambaugh says talks offered “nuanced understanding” of select tariff increases. Treasury Undersecretary Jay Shambaugh said that China has not reacted negatively to new U.S. tariffs on…
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President Hikes Tariffs on Chinese Imports
Sectors include electric vehicles, microchips, and medical products. President Joe Biden announced a variety of increases in tariffs on imported Chinese goods from the White House Rose Garden…
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House Committee Calls for Higher Tariffs on Chinese Drones
Also recommends U.S. drone incentives in a letter to the administration. Representatives of the House China Committee wrote a letter to administration officials on Wednesday urging President Biden’s…
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Legislators Seek Tariffs on Chinese-Made Cars
Vehicles are being imported through Mexico. Representatives Mike Gallagher of Wisconsin, Raja Krishnamoorthi of Illinois, and two of their colleagues have requested that President Biden’s administration increase tariffs…
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Supreme Court Dismisses Challenge to Steel Import Tariffs
2018 tariff imposed for national security and to boost domestic manufacturing. The Supreme Court dismissed a lawsuit that sought to invalidate a 25 percent tariff on certain steel…
Read MoreCommerce Secretary Says Tariffs Against China Under Review
Revisions will not be made until the review has been completed. Secretary of Commerce Gina Raimondo said President Biden’s administration will not adjust any of the tariffs against…
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Congressman Calls for Commerce to Halt Exports to Huawei
The latest phone made by the Chinese company appears to utilize American technology. Representative Mike Gallagher of Wisconsin, the chair of the House Select Committee on China, has…
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