US trade policy
7 stories related to this topic, newest first.
Abc NewsU.S. Opens Inquiry Into Brazil's PIX Instant Payment System
The Office of the U.S. Trade Representative has opened an inquiry into Brazil's PIX system, citing concerns over unfair competition with U.S. credit card operators. PIX, launched in 2020 and operated by Brazil's Central Bank, processed $7 trillion in transactions last year and is…
abcnews.go.comUSTR to Hold Hearings on Trade Investigations into South Korea, China, Japan and 13 Other Countries
The Office of the U.S. Trade Representative will conduct public hearings this week on investigations into structural excess capacity in manufacturing sectors across 16 countries. The probes, launched in March under Section 301 of the 1974 Trade Act, target unfair trade practices.…
medpagetoday.comTrump Imposes 25% Tariffs on EU Vehicles; Nebraska Approves Medicaid Work Requirements
President Trump announced an increase in tariffs on cars and lorries imported from the European Union to 25% from 15%, effective next week, accusing the bloc of non-compliance with a deal struck last summer. Separately, Nebraska became the first state to enact work requirements f…
thehindu.comTrump Announces 25% Tariffs on EU Cars and Trucks
President Trump announced a 25% tariff increase on European Union cars and trucks imported to the U.S., citing noncompliance with a trade deal. The move exempts vehicles produced in U.S. plants, where over $100 billion in new facilities are under construction. Separately, Tesla l…
ReasonKearney Report Finds Trump's Tariffs Shifted Imports But Did Not Increase U.S. Reshoring
A new report from Kearney indicates that President Trump's tariffs led to a shift in U.S. imports away from China toward other Asian countries, but did not result in significant reshoring of manufacturing jobs. Imports from China decreased by $135 billion last year compared to 20…
Office of the President of the United States / Wikimedia (Public domain)U.S. Revokes Biden-Era Export Licenses for Luxury Goods to Cuba
The Trump administration has rescinded export licenses to Cuba for items including Ferraris, Aston Martins, Maseratis, jacuzzis and jet skis. A letter from Commerce Under Secretary Jeffrey Kessler confirmed the action, which pulls approvals issued during the Biden administration.…
Substrate placeholder — needs reviewU.S. Officials Exclude Key Demands from Trade Negotiations
U.S. officials have stated that a certain trade is not open for discussion. They described the demands in the trade talks as excessive and a total non-starter. These positions were reported amid ongoing negotiations.