AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 03 2023
News
U.S. House questions Nike and Adidas about possible ties to forced labor in China
U.S. lawmakers are probing Adidas, Nike, and Chinese-owned platforms Shein and Temu for possible links to China’s western Xinjiang region, where Chinese Communist Party officials have been accused of abusing the rights of Uyghurs and other Muslim minorities.
The prominent new U.S. House Select Committee on China sent letters to all four companies Tuesday, asking them to answer questions
Semafor
Jun 07 2022
News
Solar industry stocks jump as Biden announces tariff suspension
Solar companies and their investors hailed the Biden administration's move to jolt the U.S. solar industry with a new order that both temporarily removes tariffs on imports and bolsters domestic manufacturers.
Why it matters: Solar installations were expected to fall by 7% in 2022, according to S&P Global Market Intelligence, as the industry faced supply concerns triggered by the
Axios
Jun 03 2019
News
Possible Tariffs on Mexican Goods
Last week, President Trump announced that “he will apply tariffs of 5% on all Mexican goods on June 10, and increase the rate in coming months to 25% if Mexico does not substantially halt illegal immigration across the U.S.-Mexican border, which is at a decade high this year.” (Reuters)
The left is critical of the policy, arguing that tariffs can’t solve the immigration crisis, and that
The Flip Side
May 14 2019
News
Economists: Tariffs Not Boosting GDP
Tariffs imposed by the Trump administration have a small, negative impact on gross domestic product growth, according to economists, the Congressional Budget Office, the International Monetary Fund and the top White House economic adviser. That contradicts President Donald Trump’s repeated claim that the tariffs have boosted the GDP.
As the nonpartisan Congressional Research Service put
FactCheck.org
Jul 24 2018
News
Trump: “Tariffs are the greatest.” Also farmers need $12 billion in aid because of tariffs.
The administration plans an aid package to shore up the agriculture industry.
Vox
Apr 02 2018
News
China responds to steel tariffs with tariffs on US farmers, as Trump prepares to escalate trade war
In an unsuccessful effort to win a Pennsylvania House seat by policies that were more about making noise than making progress, Donald Trump imposed import tariffs on steel and aluminum. The tariffs were imposed over strong warnings from several members of Trump’s cabinet, and Gary Cohn, Trump’s top economic adviser, walked out when Trump ignored that advice in favor of his own “very good brain
Daily Kos
Nov 10 2020
News
Biden Is Expected to Review Trump’s Trade Tariffs
WASHINGTON—President-elect Joe Biden will inherit a U.S. trade policy characterized by tariffs on global imports—on steel and aluminum from most of the world, on wine and cheese from Europe, and on nearly three-quarters of everything the U.S. buys from China.
While Mr. Biden hasn’t detailed his specific plans, aides and advisers say he is expected to review those levies. And like
Wall Street Journal (News)
Mar 08 2018
News
Don’t Worry About Trump’s Tariffs
Last week President Trump announced new tariffs on steel and aluminum products, and the response couldn’t have been more negative — critics warned of trade wars, recession, global instability. But the blowback is overblown, and seems to constitute reflexive anti-Trump sentiment rather than careful economic reasoning.
Economic Policy Institute
Mar 08 2018
Perspectives Blog
Trump to Impose Tariffs on Steel and Aluminum
President Trump officially announced new tariffs on steel and aluminum, exempting Mexico and Canada. Critics argue this could spark a trade war, while some in favor say that this is part of his 'America First' agenda. The plan also has unlikely supporters in large unions and some Democrats who contend that the tariffs will level the playing field between the U.S. and outside competitors like John Gable, AllSides Co-founder
Dec 27 2019
News
Fed study finds Trump tariffs backfired
President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices, according to a Federal Reserve study released this week.
“We find that the 2018 tariffs are associated with relative reductions in manufacturing employment and relative increases in producer prices,” concluded Fed economists Aaron Flaaen and
MarketWatch