AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Feb 09 2021
Instead of Lifting Trump's Tariffs, Biden Is Imposing More of Them
President Joe Biden's first major trade policy move will be disappointing for anyone who hoped his inauguration would put an end to the presidential practice of unilaterally imposing expensive, unnecessary tariffs for vacuous national security reasons.
Biden's decision last week to reimpose 10 percent tariffs on aluminum imports from the United Arab Emirates (UAE) contains all the majorReason
Dec 26 2019
Trade-Court Lawsuits Take On Trump’s Tariff Campaign
Recent court rulings could open door to further challenges to White House’s tariff strategy.
WASHINGTON—The White House’s tariff strategy faces a potential threat from a series of lawsuits challenging whether the administration has followed the law closely enough in imposing new customs duties.
Recent court victories by steel and energy companies have emboldened legal foes of theWall Street Journal (News)
Nov 02 2021
Tariffs to Tackle Climate Change Gain Momentum. The Idea Could Reshape Industries.
Governments in the U.S., Europe and other developed nations are embarking on a climate change experiment: using tariffs on trade to cut carbon emissions. The idea has the potential to rewrite the rules of global commerce.
Policy makers on both sides of the Atlantic are looking at targeting steel, chemicals and cement. The tariffs would give a competitive advantage to manufacturers inWall Street Journal (News)
Aug 07 2019
U.S. Collected $63 Billion in Tariffs Through June
Treasury’s haul began skyrocketing last year after Trump administration imposed new tariffs in retaliation for what it said were unfair business practices
The tariff hikes approved by President Trump have infuriated Beijing and escalated the U.S.-China trade war, but there has been at least one beneficiary: the U.S. Treasury.
As of June 30, the U.S. government has collected $63Wall Street Journal (News)
Mar 26 2023
Israel, UAE sign free trade pact into effect
JERUSALEM, March 26 (Reuters) - Israel and the United Arab Emirates on Sunday signed a free trade pact into effect, reducing or removing tariffs on about 96% of goods traded between the nations, Israel's Foreign Ministry said. The countries first reached the agreement last May, promising to boost bilateral trade after they normalized ties in 2020 in a U.S.-brokered deal. The deal will alsoReuters
Jul 26 2019
New tariffs threatened over tax on big tech
France is holding strong in its efforts to tax tech giants, many from the U.S., despite the looming threat of retaliatory tariffs from the Trump administration.
France landed in the crosshairs of the president’s global trade war after lawmakers there approved a bill this week that would impose a 3% tax on revenue generated by tech companies that provide digital services to French usersWashington Examiner
Jun 13 2019
OPINION: Trump's Tariffs Hurt American Freedom and Prosperity
Each tariff the president imposes is a tax on Americans.
The air always swirls with popular myths that, when repeated constantly, are taken by some to be indisputably true. One such myth today is that President Donald Trump is unique among presidents in standing up firmly to the Chinese and other foreigners to stop them from harming us economically with their import restrictions, exportGuest Writer - Right
Jun 08 2019
Trump Calls Off Plan to Impose Tariffs on Mexico
President Trump backed off his plan to impose tariffs on all Mexican goods and announced via Twitter on Friday night that the United States had reached an agreement with Mexico to reduce the flow of migrants to the southwestern border. Mr. Trump tweeted the announcement only hours after returning from Europe and following several days of intense and sometimes difficult negotiations betweenNew York Times (News)
May 18 2019
Trump to lift steel, aluminum tariffs on Canada and Mexico
The U.S. has reached a deal to lift steel and aluminum tariffs on Canada and Mexico, removing a major barrier to congressional approval of President Trump’s revised trade deal with the countries. The U.S. will be “selling our product into those countries without the imposition of tariffs or major tariffs — big difference,” Mr. Trump announced in a speech Friday afternoon before the NationalWashington Times
May 13 2019
China Announces Tariff Retaliation to Take Effect on June 1
China announced that it will impose additional tariffs on some American goods in retaliation for the latest increase of U.S. duties on $200 billion of Chinese imports.
The tariffs will take effect on June 1, according to a statement on the Ministry of Finance’s website on Monday. The tariffs will be imposed on some of the goods listed on a previous retaliation list from 2018.