Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.
Between February 2018 and September 2019, U.S. consumers and businesses spent an additional $38 billion on products due to tariffs on Chinese goods, Tariffs Hurt the Heartland said.
The PACT Act closely mirrors the unsuccessful Graham-Van Hollen Turkey Sanctions Bill in the Senate.
The Trump administration said the Turkish government satisfied the five-day ceasefire commitment in northern Syria.
The Trump administration takes aim at financial assets of Turkish government agencies and officials linked to military strikes in Syria, but Congress may legislate broader sanctions in the days ahead.
“Finally, a ray of hope for the U.S.-China trade relationship,” said Myron Brilliant, U.S. Chamber of Commerce’s head of international affairs.
The Graham-Van Hollen sanctions bill would cut off Turkey from U.S. military equipment and parts, as well as target foreign support of the country’s oil and gas production used by its armed forces.
Confidence elevated after Trump decides to meet with Vice Premier.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
The Senate Appropriations Committee’s Democratic members are expected to reject proposed Department of Homeland Security fiscal year 2020 funding bill if $5 billion for southern border wall stays.
The Treasury Department adds two banks to the Specially Designated Nationals and Blocked Persons List in response to Iran’s alleged involvement in missile attacks against Saudi Arabia’s oil facilities.
Tariff Reform Coalition members want the Senate Finance Committee and House Ways and Means Committee to “exercise greater oversight and control” over President Trump’s tariff authority.
New law strengthens U.S. government’s national security oversight of foreign investments in American companies that manufacture “critical” technologies and infrastructure, as well as own airport and seaport properties.
Chao’s influence over budget cuts could also affect national security, lawmakers allege.
A Treasury Department official reaffirmed on Sept. 8 the Trump administration’s denial of temporary waivers that previously allowed countries to import Iranian crude oil under U.N. and U.S. sanctions.
The Office of Foreign Assets Control said additional trade regulations will take aim at the Nicaraguan president and his regime for the ongoing use of violence against the country’s people.
The Canadian Load Board unveils aggressive zero-cost entry point as looks to bring users and loads to its network after a sluggish launch.
With their vast knowledge of imports, customs brokers see themselves playing an important role in the battle against counterfeit goods.
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Those convicted will be banned for life from obtaining a CDL.
