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This week the President announced that the April 2, 2025, reciprocal tariffs imposed by the U.S. on dozens of countries will be paused for most of those countries, an announcement welcomed by United States stock exchanges and...more
Although U.S.-China bilateral tensions eased to a degree earlier this year with the signing of an interim trade agreement, fundamental differences remained. These differences — such as the role that China’s industrial policy...more
On August 5, 2019, the US Department of the Treasury ("Treasury") announced that Treasury Secretary Steven Mnuchin, "under the auspices of President Trump," has determined that China is a "currency manipulator" pursuant to...more
On May 5, 2019, President Trump announced that he intends to increase the Section 301 tariff rate on approximately US$200 billion worth of "List 3" Chinese imports to 25 percent (from the current rate of 10 percent) beginning...more
The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more