How Brexit Ruined Easter for Britain’s Chocolate Makers

Exports of chocolate to Europe have turned into a nightmare of paperwork and delays, making fine British chocolate scarce in Europe.

#chocolate, #customs-tariff, #easter-and-holy-week, #european-union, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market

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In Washington, ‘Free Trade’ Is No Longer Gospel

Like its predecessor, the Biden administration has largely dispensed with the idea of free trade as a goal in and of itself.

#autor-david, #biden-joseph-r-jr, #customs-tariff, #democratic-party, #income-inequality, #international-trade-and-world-market, #lighthizer-robert-e, #tai-katherine-1974, #toomey-patrick-j, #trump-donald-j, #united-states-politics-and-government

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U.S. and Europe Will Suspend Tariffs on Alcohol, Food and Airplanes

The governments agreed to temporarily suspend tariffs on billions of dollars of products as they search for a settlement to a long-running clash over subsidies given to Airbus and Boeing.

#airbus-industrie, #airlines-and-airplanes, #boeing-company, #customs-tariff, #european-union, #international-trade-and-world-market, #office-of-the-united-states-trade-representative, #world-trade-organization

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How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar

Critics of a strong currency say it hurts American factory workers by making imports cheap.

#biden-joseph-r-jr, #china, #currency, #customs-tariff, #international-trade-and-world-market, #labor-and-jobs, #renminbi-currency, #united-states-economy, #us-dollar-currency

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Biden on ‘Short Leash’ as Administration Rethinks China Relations

The Biden administration is under intense pressure to maintain former President Donald J. Trump’s curbs on China, even as it tries to develop a more comprehensive and effective strategy.

#biden-joseph-r-jr, #china, #customs-tariff, #embargoes-and-sanctions, #huawei-technologies-co-ltd, #human-rights-and-human-rights-violations, #international-trade-and-world-market, #presidential-transition-us, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government, #world-trade-organization, #xi-jinping

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Biden Appointments Signal a Trade Approach That Hews to the Left

Many appointees who will fill the ranks of the Office of the United States Trade Representative have close ties to congressional Democrats and a focus on worker rights and enforcing trade deals.

#appointments-and-executive-changes, #biden-joseph-r-jr, #customs-tariff, #international-trade-and-world-market, #office-of-the-united-states-trade-representative, #presidential-transition-us, #setser-brad-w, #united-states-politics-and-government, #united-states-mexico-canada-agreement

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For the Wine World, 2021 Brings Familiar Problems

The year has changed. So has the government. But the challenges facing the wine industry — Covid, tariffs and climate change — remain.

#customs-tariff, #presidential-election-of-2020, #wines

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Biden Reinstates Aluminum Tariffs in One of His First Trade Moves

The move suggests the Biden administration may be inclined to maintain President Trump’s hefty tariffs, a decision that will please unions and progressives but disappoint manufacturers.

#aluminum, #biden-joseph-r-jr, #commerce-department, #customs-tariff, #international-trade-and-world-market, #kushner-jared, #trump-donald-j, #united-arab-emirates, #united-states, #united-steelworkers-of-america

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As Senate Weighs Biden’s Commerce Pick, Here’s What to Watch

A Senate committee will question Gina M. Raimondo, President Biden’s pick for commerce secretary, at a hearing Tuesday morning.

#biden-joseph-r-jr, #census, #commerce-department, #customs-tariff, #e-commerce, #huawei-technologies-co-ltd, #international-trade-and-world-market, #raimondo-gina-m, #ross-wilbur-l-jr, #senate-committee-on-commerce-science-and-transportation, #tiktok-bytedance, #united-states-politics-and-government, #wechat-mobile-app, #zte-corp

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For One British Industry, Brexit’s Red Tape Is Just Beginning

Chemical companies, facing costly new regulations and extra tariffs, are looking to the continent.

#basf-se, #chemicals, #customs-tariff, #economic-conditions-and-trends, #europe, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #regulation-and-deregulation-of-industry

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For Britain’s Chemical Industry, Brexit’s Red Tape Is Just Beginning

Chemical companies, facing costly new regulations and extra tariffs, are looking to the continent.

#basf-se, #chemicals, #customs-tariff, #economic-conditions-and-trends, #europe, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #regulation-and-deregulation-of-industry

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A Week Into Full Brexit, the Pain for U.K. Businesses Has Arrived

As Britain adjusts to life outside of the European Union, businesses are contending with delays, service cancellations and piles of paperwork.

#bailey-andrew-1959, #bank-of-england, #coronavirus-2019-ncov, #customs-tariff, #economic-conditions-and-trends, #europe, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #northern-ireland

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U.S. Companies to Face China Tariffs as Exclusions Expire

Many American companies could see their exemptions from President Trump’s China tariffs expire at midnight on Thursday.

#china, #coronavirus-2019-ncov, #customs-tariff, #international-trade-and-world-market, #kind-ron, #lobbying-and-lobbyists, #office-of-the-united-states-trade-representative, #politics-and-government, #small-business, #trump-donald-j, #united-states, #walorski-jackie

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Post-Brexit Trade Deal: 5 Takeaways

Britain and the European Union spent months negotiating the terms of commercial relations after Dec. 31.

#customs-tariff, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #politics-and-government

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Brexit Deal Is a Pretty Good One for the E.U.

The Brexit pact preserves crucial E.U. principles like the single market, and lets the bloc look ahead to its future without Britain.

#brussels-belgium, #customs-tariff, #europe, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market

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Pound Rises as Britain and E.U. Announce a Post-Brexit Trade Deal

The free-trade pact would help both sides avoid tariffs, but Britain would still face economic costs from being outside the European Union.

#british-pound-currency, #customs-tariff, #europe, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #immigration-and-emigration, #international-trade-and-world-market, #johnson-boris, #referendums

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Britain’s Ports Are Jammed, and Brexit Is Around the Corner

Honda’s plant in England was forced to halt operations because its parts hadn’t arrived. Soon U.K. ports will face a mountain of customs declarations.

#automobiles, #coronavirus-2019-ncov, #customs-tariff, #delays-transportation, #european-union, #great-britain, #great-britain-withdrawal-from-eu-brexit, #honda-motor-co-ltd, #international-trade-and-world-market, #ships-and-shipping

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China Signs Asia Trade Deal. Will Biden Follow?

The deal sealed on Sunday stands as a potent symbol of Beijing’s growing economic sway in Southeast Asia at a time of uncertainty over Washington’s economic ties with the region.

#assn-of-southeast-asian-nations, #china, #customs-tariff, #economic-conditions-and-trends, #far-east-south-and-southeast-asia-and-pacific-areas, #india, #international-relations, #international-trade-and-world-market, #politics-and-government, #regional-comprehensive-economic-partnership, #trans-pacific-partnership, #united-states-international-relations

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Europe to Impose Tariffs in 16-Year Trade Fight With U.S.

U.S. aircraft, frozen orange juice and handbags will cost more, in an escalation of the Boeing-Airbus subsidy battle.

#airbus-industrie, #airlines-and-airplanes, #boeing-company, #customs-tariff, #europe, #european-union, #international-trade-and-world-market, #united-states

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After Trump, Will International Relations and Trade Ever Be the Same?

And it won’t come back even if and when he’s gone.

#biden-joseph-r-jr, #customs-tariff, #north-atlantic-treaty-organization, #presidential-election-of-2020, #protectionism-trade, #trump-donald-j, #united-nations-framework-convention-on-climate-change, #united-states-international-relations, #world-health-organization, #world-trade-organization

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Trump’s Manufacturing Promises Disappoint as Economy Sours

Foxconn’s failure to deliver on a Wisconsin project underscores the limits of the president’s power to make companies bend to his will.

#coronavirus-2019-ncov, #corporate-taxes, #customs-tariff, #factories-and-manufacturing, #labor-and-jobs, #layoffs-and-job-reductions, #presidential-election-of-2020, #relocation-of-business, #steel-and-iron, #tax-cuts-and-jobs-act-2017, #united-states-economy

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Europe Can Impose Tariffs on U.S. in Long-Running Aircraft Battle

The World Trade Organization gave the European Union permission to tax up to $4 billion of American products annually in return for subsidies given to Boeing

#airbus-industrie, #airlines-and-airplanes, #aviation-accidents-safety-and-disasters, #boeing-737-max-groundings-and-safety-concerns-2019, #boeing-company, #customs-tariff, #international-trade-and-world-market

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Trump Funnels Record Subsidies to Farmers Ahead of Election Day

Despite an extraordinary government bailout, America’s agriculture sector remains under severe economic pressure.

#agriculture-and-farming, #coronavirus-aid-relief-and-economic-security-act-2020, #crop-controls-and-subsidies, #customs-tariff, #food-aid, #polls-and-public-opinion, #presidential-election-of-2020, #smoking-and-tobacco, #stimulus-economic, #united-states-politics-and-government

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Global Talks on Taxing Tech Firms Will Slip Into 2021

The talks at the Organization for Economic Cooperation and Development have progressed on several fronts, but a dispute remains between the Trump administration and key allies.

#computers-and-the-internet, #coronavirus-aid-relief-and-economic-security-act-2020, #corporate-taxes, #customs-tariff, #federal-taxes-us, #international-trade-and-world-market, #tax-cuts-and-jobs-act-2017

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Top China Critic Becomes Its Defender

Robert E. Lighthizer, President Trump’s trade negotiator, has cautioned against actions that could anger Beijing in an attempt to preserve the U.S.-China trade deal.

#china, #customs-tariff, #international-trade-and-world-market, #lighthizer-robert-e, #taiwan, #treasury-department, #trump-donald-j, #tsai-ing-wen, #united-states-international-relations

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Trump, Biden and ‘Made in USA’: Same Refrain, Varying Notes

Joe Biden’s economic proposals show how the president has shifted the playing field toward protectionism. But there may be fewer jobs to lose, or regain.

#biden-joseph-r-jr, #china, #customs-tariff, #international-trade-and-world-market, #outsourcing, #presidential-election-of-2020, #protectionism-trade, #relocation-of-business, #trump-donald-j, #united-states, #united-states-economy

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A September Wine Romance

The end of summer has a particular feel to it as the bountiful fresh produce ebbs. These 12 wines can make the seasonal transition.

#autumn-season, #beaujolais-wine, #customs-tariff, #grapes, #quarantine-life-and-culture, #wines

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W.T.O. Says American Tariffs on China Broke Global Trade Rules

A World Trade Organization panel said Tuesday that the United States violated its rules by imposing tariffs on China in 2018, drawing an angry response from the Trump administration.

#customs-tariff, #intellectual-property, #international-trade-and-world-market, #politics-and-government, #trump-donald-j, #united-states-economy, #world-trade-organization

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Tiffany’s $16 Billion Sale Falls Apart in Face of Pandemic and Tariffs

The luxury giant LVMH Moët Hennessy Louis Vuitton backed out of its deal to buy the jeweler.

#arnault-bernard, #coronavirus-2019-ncov, #customs-tariff, #jewels-and-jewelry, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures, #shopping-and-retail, #suits-and-litigation-civil, #tiffanycompany

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Trump’s Tariffs? Coronavirus? China’s Exports Are Surging Anyway

Chinese companies are taking a greater share of goods sold abroad, showing their tremendous strength despite mounting challenges.

#coronavirus-2019-ncov, #customs-tariff, #economic-conditions-and-trends, #factories-and-manufacturing, #international-trade-and-world-market, #trump-donald-j, #united-states-economy

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Trump Reinstates Tariff on Canadian Aluminum

The tariff, which could prompt retaliation from Canada, was imposed just one month after a new trade deal between the two countries went into effect.

#aluminum, #customs-tariff, #factories-and-manufacturing, #international-trade-and-world-market, #labor-and-jobs, #politics-and-government, #trump-donald-j, #united-states-politics-and-government

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The Pandemic Isn’t Bringing Back Factory Jobs, at Least Not Yet

It’s a moment of reckoning for global supply chains. But that doesn’t mean companies are flocking back to the United States.

#china, #coronavirus-2019-ncov, #customs-tariff, #factories-and-manufacturing, #foreign-investments, #international-trade-and-world-market, #labor-and-jobs, #layoffs-and-job-reductions, #outsourcing, #relocation-of-business, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

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Trump Administration to Push for ‘Reset’ of Global Tariffs

Planned remarks to Congress by the administration’s top trade adviser on Wednesday appear to portend a continued fight with the World Trade Organization.

#customs-tariff, #house-committee-on-ways-and-means, #international-trade-and-world-market, #lighthizer-robert-e, #senate, #trump-donald-j, #united-states-politics-and-government, #world-trade-organization

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Trump Administration Escalates Global Fight Over Taxing Tech

The U.S. investigation targets nine countries, plus the European Union, that have adopted or are considering new taxes that would hit American companies like Google and Amazon.

#customs-tariff, #european-union, #federal-taxes-us, #international-trade-and-world-market, #lighthizer-robert-e, #office-of-the-united-states-trade-representative, #taxation, #united-states-politics-and-government

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Coronavirus Is Bringing an End to the Offshoring Era

The pandemic, and Trump’s trade policy, are accelerating a trend to bring manufacturing back to America.

#coronavirus-2019-ncov, #customs-tariff, #international-trade-and-world-market, #labor-and-jobs, #north-american-free-trade-agreement, #relocation-of-business

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China and U.S. Signal Harmony on Trade, Despite Broader Tensions

Officials from both countries struck optimistic notes after holding their first trade talks — via conference call — since the coronavirus struck.

#china, #coronavirus-2019-ncov, #customs-tariff, #economic-conditions-and-trends, #international-relations, #international-trade-and-world-market, #united-states-economy, #united-states-international-relations

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