Over the weekend, the Wall Street Journal interviewed Katherine Tai (Source, behind a paywall), the new United States Trade Representative.
cei.org: Section 232 tariffs could now be reversed
She has a lot of work ahead of her to undo the damage of the Trump administration’s protectionist turn. But she made two disappointing statements about the approach she plans to take regarding Trump’s tariffs on $377 billion a year worth of Chinese goods. These can be reversed at any time, either by Congress or by a stroke of President Biden’s pen.
The website cei.org has written an interesting article on this topic and the interview. It examines parts of the interview and suggests alternatives. For this, our reading recommendation to you.
- BMWi: How the German Federal Ministry of Economics influences (world) steel policy
- Molybdenum: Is China artificially driving up the price?
- US HRC prices rise further as purchasers beg for spot scrap
Steelnews.biz constantly searches the Internet for important, interesting and informative news.
Are you missing an information, do you have a question or are you interested that we refer to a certain article or press release of Steelnews.biz? Then simply contact us now.
We always try to refer to the correct source of a news item.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.