INSIDER
Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
Read full article: Trump or Biden? Either way, US seems poised to preserve heavy tariffs on importsPresident Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation.
Packages from China are surging into the United States. Some say $800 duty-free limit was a mistake
Read full article: Packages from China are surging into the United States. Some say $800 duty-free limit was a mistakeConservatives in Congress are anxious to counter China, which is America’s leading economic adversary.
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Trump celebrates major rewrite of North American trade rules
Read full article: Trump celebrates major rewrite of North American trade rulesTrump said renegotiating the North American Free Trade Agreement was “probably the No. “Today, we're finally ending the NAFTA nightmare," Trump said in a ceremony on the South Lawn. NAFTA, which took effect in 1994 under President Bill Clinton, tore down trade barriers between the three North American countries, and commerce among them surged. His trade negotiator, Robert Lighthizer, pressed for a revamped pact designed to bring factory jobs back to the United States. Lighthizer noted that trade agreements since NAFTA generally have passed with increasingly narrow majorities and often along party lines.