TRADE DISPUTE

A recently released study entitled Estimated Impacts of Tariffs on the U.S. Economy and Workers represents yet another attempt to show the impact on U.S. workers, consumers, manufacturers and farmers of the additional tariffs imposed by the Trump administration on a broad range of goods. More

The United States is taking a more aggressive approach to ensure that mainland China, not the United States, bears the costs of its non-market economic system, according to a report from the Office of the U.S. Trade Representative. At the same time, the United States will encourage mainland China to make fundamental structural changes to its approach to the economy and trade. More

On 28 January, the non-partisan Congressional Budget Office published its updated budget and economic outlook for the current year as well as the next decade. In remarks delivered to the press upon release of the new report, Keith Hall, who has led the CBO since 2015, noted that the U.S. government’s debt is already large and budget deficits over the next decade and beyond are projected to keep increasing in relation to the size of the economy. More

The Trump administration has received nearly 13,000 requests for exclusions from the additional tariffs it has imposed on imports from mainland China, according to information made available by the Office of the U.S. Trade Representative. Some have been granted and more have been denied but most are still at various stages of review. More