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resident Biden recently raised taxes on American consumers and businesses and may have hastened the end of the dollar's world reserve currency status. President Biden did this by increasing tariffs on Chinese imports.
One of the greatest ironies in America, of all places, is that politicians have the citizens cheering on the raising of taxes on themselves. How so? Well, whenever the government spends money it doesn't have, that the Federal Reserve counterfeits
In addition to EVs, the White House has significantly increased tariffs on Chinese steel and aluminum products, lithium-ion batteries, and solar cells.
Meanwhile, a judge in NY has Trump's hands tied.
So, color me unsurprised the US says it won't allow China to dump green tech on it. After all, it isn't an isolated case. We have the clear threat of US (and maybe EU) tariffs on Chinese EVs.
The European Union's path to decarbonization might soon include a carbon dioxide emissions tariff on imported goods from countries considered climate abusers, which will attempt to upend global trade towards a 'greener' future.
Solar panels first to get relief, but Biden eyeing cuts for everyday products too
The electric automaker explains that it can't get the critical material from any other sources.
The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders
Thousands of companies file trade lawsuits against the US over Trump's tariffs. Coca Cola, Disney, Ford, Abbott Labs, Tesla, and Home Depot are among the Thousands of Companies Suing the US Over Tariffs.
...geopolitical pressure is building... The only way to see that isn't the case is to believe that pigs can fly. Which, oddly enough, seems to be prevalent among many on Wall Street...
The tariffs on imports was touted as a benefit to U.S. companies. Now they are going to be suspended duty to the financial strain?
JSW Steel had nothing but praise for Trump's steel tariffs. Now the company has filed a lawsuit against the Trump admin.
On Wednesday, the US and China will sign a compromise deal that will calm but not end a two-year trade war.
In a volatile year for commodities and energy, S&P Global Platts' news, pricing and analytics teams explored many of the biggest themes and trends through infographics. Here are a selection.
"Chicken noodle soup?" she wondered as she sat at her kitchen table with a pen and notepad. "No, I'll make chicken and biscuits. That's more filling."
After a phase one trade deal with the US, China said on Monday that it would slash import tariffs on a wide range of goods from around the world to boost domestic consumption.
