Imports

Countries are rapidly responding to President Donald Trump’s recently imposed tariffs, with some pledging to retaliate and others seeking to plead with the US and reach reciprocal agreements to lower tariffs.  President Trump levied a baseline 10% tariff on all imports entering the US with additional tariffs for countries that the White House assesses are […]

President Donald Trump recently unveiled a list of tariffs to be imposed on all imports coming into American markets during a celebration themed ‘liberation day.’ President Trump has lauded tariffs as a tool for negotiation, revenue gathering, and national security enforcement, and has called tariffs “the most beautiful word in the dictionary.” Now, Trump is […]

President Donald Trump has imposed 25% tariffs on Canadian and Mexican imports while increasing current tariffs on Chinese goods by 10%. The tariffs had been originally imposed last February but were paused by President Trump due to ongoing negotiations with the respective countries.  Trump has repeatedly promised, both during his presidential campaign and first days […]

China has banned select critical minerals exports to the US as a retaliatory measure against the US’ new microchip export restrictions.  Critical minerals are used to produce myriad technological devices in sectors like energy, defense, digital technology, and healthcare.  Critical minerals are extracted throughout the world but must be processed in specific facilities in order […]

President-elect Donald Trump has announced former US Senator David Perdue has accepted his nomination to become the ambassador to the People’s Republic of China.  Once confirmed by the Senate, Senator Perdue’s role will be to serve as President Trump’s diplomatic arm with China.  Perdue’s job will most likely center on trade, as Trump has repeatedly […]

China is supposedly studying Russia's ability to dodge Western sanctions ahead of a theoretical invasion of Taiwan. However, Representative Cory Mills (R-FL) suggested in a recent appearance on Fox Business's Big Money Show that it was nothing more than "saber-rattling," both because of differing economic circumstances between China and Russia and because President-elect Donald Trump […]

Mexican and Canadian officials are reacting to President-elect Donald Trump’s announcement he will be imposing 25% tariffs on all Canadian and Mexican goods until the flow of illegal immigrants and fentanyl ceases.  President-elect Trump promised he would “sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the […]

US Representative Shelia Cheriflus McCormick (D-FL) has filed a bill to fortify the African Continental Free Trade Area (AfCTA) created in 2018 by the African Union. The AfCTA agreement was signed by nearly all African countries and aims to remove trade barriers between African states. Together, the signatories’ economies amount to US $3.4 trillion in […]

A new bill filed by Senator Rick Scott (R-Fl) would prohibit the entry of Chinese garlic into the US.  The bill follows Senator Scott’s tirade against Chinese garlic, which began last December.  Scott wrote a letter warning the President and CEO of the National Growers Association Greg Ferrara of the unsanitary and immoral practices surrounding […]

Washington, D.C.- Representative Maria Salazar (R-Fl) has filed legislation that would establish a free trade agreement with Ecuador.  Representative Salazar’s initiative would bring Ecuador into the fold of countries within the Caribbean Basin Initiative (CBI).  The CBI was created by the Caribbean Basin Economic Recovery Act (CBERA) and grants states in the Caribbean region duty-free […]