Aug 30, 2019
USTR is accepting comments through Sept. 20 on the proposed increase from 25% to 30% of the Section 301 additional tariff on List 1, 2, and 3 goods from China. Learn more on today's Two Minutes in Trade.
Aug 27, 2019
The U.S. considers Hong Kong a separate entity for trade and business purposes pursuant to an agreement from July 1997. However, there are provisions in that law that could enable the president to treat Hong Kong as the U.S. treats China. Learn more on today's Two Minutes in Trade.
Aug 23, 2019
China has announced another $75 billion in retaliatory tariffs on imports from the U.S., which will be effective Sept. 1 and Dec. 15. President Trump did not take the news so well, increasing existing tariffs on $250 billion in Chinese goods from 25% to 30% and the tariffs slated to go into effect Sept. 1 from 10% to...
Aug 22, 2019
The Congressional Budget Office said in its updated 2019-2020 economic outlook that the additional tariffs imposed by the U.S., as well as those assessed in retaliation by other countries, will have a negative impact on U.S. GDP. Learn more on Today's Two Minutes in Trade.
Aug 21, 2019
The Caribbean Basin Trade Partnership Act expires in one year, on Sept. 30, 2020. Many countries rely on this program for viable economic activity, and Congress needs to extend it when lawmakers return from recess. Learn more on Today's Two Minutes in Trade.