With less than a month until new tariffs take effect, the U.S. has accelerated its rollout of country-specific reciprocal tariff letters, now reaching 22 countries in total. These tariffs are set to be enforced at 12:01 a.m. EDT on August 1, following the expiration of the current extension period. These tariffs fall under the country-specific reciprocal tariff framework, a policy intended to address long-standing trade … Read More
U.S. Strengthens China Tariffs
In a decisive move, U.S. Trade Representative Katherine Tai announced further actions on China tariffs following a thorough four-year statutory review. This review assessed the effectiveness of tariffs imposed under Section 301 of the Trade Act of 1974, aimed at countering unfair trade practices by China, particularly in the realm of technology transfer and intellectual property. Key Outcomes of the Review: Effectiveness of Tariffs: The … Read More