Tag Archives: Trump

Trump Reconsiders TPP Stance, May Have Renewed Interest in Multilateral Agreement

Ahead of talks with Japanese Prime Minister Shinzo Abe scheduled for this week, President Trump told a group of governors and lawmakers in a meeting on Thursday, April 12th that the United States was looking to rejoin the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“TPP”).  President Trump withdrew from the TPP in January, 2017, … Continue Reading

Global Trade Flows Are Expanding, But Is There a Reason for Optimism?

Last Friday, the CPB Netherlands Bureau for Economic Policy Analysis, as part of its World Trade Monitor, reported that global trade flows – the volume of export and imports of goods – was 4.5% higher in 2017 than in 2016.  This is an important finding because it marks the biggest rate of year-in-year expansion since … Continue Reading

President Trump Announces Tariffs on Solar Panels and Washing Machines

Yesterday, President Trump announced his decisions on two high-profile trade cases brought under Section 201 of the Trade Act of 1974, which authorizes import restraints to protect domestic industries that are seriously injured by imports. These cases, which involve solar panels and washing machines from a variety of countries, are the first affirmative actions under … Continue Reading

Trump Waives Secondary Sanctions on Iran, But Vows Not to do so Again Without Changes to the JCPOA

Last week the President begrudgingly extended waivers continuing to lift U.S. “secondary sanctions” on Iran.  But the President also insisted that he will not issue further extensions without a renegotiation of certain aspects of the joint nuclear deal with Iran (the Joint Comprehensive Plan of Action or JCPOA), throwing the future of the deal and … Continue Reading

In Rare Move, Trump’s Commerce Secretary Self-Initiates Chinese Aluminum Trade Remedy Cases

  The U.S. Department of Commerce self-initiated antidumping and countervailing investigations of common alloy aluminum sheet from China on November 28.  An accompanying fact sheet estimates dumping margins on the subject merchandise to be between 56.54 and 59.72 percent, and estimates a subsidy rate above de minimis.  Trade cases are typically initiated in response to … Continue Reading

Schumer Urges Trump to Suspend All China-Related Mergers Pending Before CFIUS to Exact Tougher Approach on North Korea

Senate Minority Leader Charles Schumer wants President Trump to take a stand against China for its kids-gloves response to North Korea’s nuclear missile activity by using the Committee on Foreign Investment in the United States (CFIUS) to deny all pending requests involving Chinese acquisition of U.S. companies.  President Trump has been critical of China for … Continue Reading
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