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As the Biden administration proposes tripling duties, experts recall how previous tariffs mainly hit American consumers and industries.
We bought more imports from Mexico — and Chinese companies have been investing heavily there.
Chinese automaker BYD, which sells both hybrids and pure EVs, likely surpassed Tesla’s total vehicle sales last year.
The Treasury secretary and the trade representative disagree on the issue.
The U.S. and China have been engaged in a trade war for nearly four years. What’s the scorecard?
Gretchen Blough, a customs broker at Logistics Plus in Erie, Pennsylvania, said that the ships, trucks, tariffs and supply shortages are peppering the shipping industry.
Keeping the trade levies in place is seen as a way the U.S. can maintain leverage with China on a range of issues.
Economist Dean Baker says the two should be sharing intellectual property in health care and climate technology, “not fighting over it.”
Chinese investment in the U.S. also fell because of the pandemic recession.
According to the Federal Reserve Bank of New York, Americans are paying.