Two years later, they’re suffering from a glut of red wine and plummeting grape prices with no overseas market big enough to fill the gap.
Tag Archives: Customs (Tariff)
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
The U.S. Needs to Change the Way It Does Business With China
It’s time to adopt an explicit policy of strategic decoupling of our economy from theirs.
Why America Is Getting Tough on Trade
Trump huffed and puffed; Biden is rewriting the rules.
Biden’s Tough Tech Trade Restrictions on China
America abandons its sunny view of globalization.
America Can’t Allow China to Keep Crushing Our Solar Energy Industry
The Biden administration is taking a gamble that furthers our reliance on China without providing the essential elements to build our domestic solar industry.
Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
U.S. Aims to Constrain China by Shaping Environment Around It, Blinken Says
The U.S. secretary of state gave a glimpse of President Biden’s classified strategy on China, in which officials have concluded they cannot change Beijing’s aggressive behavior.
Debate Over Tariffs Reveals Biden’s Difficulties on China Trade
Sixteen months into the Biden presidency, U.S. officials are still divided over what to do about a trade legacy left by President Donald J. Trump.
U.S. to Lift Tariffs on Ukrainian Steel
The Biden administration will lift a 25 percent tariff on the Ukrainian steel sector for one year to help the country’s economy.
Solar Industry ‘Frozen’ As Biden Administration Investigates China
More than 300 solar projects in the United States have been canceled or delayed in recent weeks because of an investigation by the Commerce Department.
The U.S. and Japan strike a deal to roll back Trump-era steel tariffs.
The agreement will transform a current 25 percent tariff into a so-called tariff-rate quota, exempting up to 1.25 million metric tons of Japanese steel.
Brexit Import Rules Begin to Squeeze British Food Importers
For companies depending on fast, small deliveries, the costs of new Brexit trade rules are mounting.
A Fresh Defense of Free Trade
A prominent Republican economist admits that open markets have hurt some people. But tariffs, he says, aren’t the answer.
For U.K. Companies Brexit Meant Higher Costs and Endless Forms
While the worst of the Brexit trade disruptions are over, British exports to the European Union are down and companies are frustrated.
End the Trump-Biden Tariffs
An import tax on chassis is contributing to inflation and port congestion. The government needs to find better ways of increasing manufacturing.
European Steel Plan Shows Biden’s Bid to Merge Climate and Trade Policy
A potential agreement on steel trade provides the clearest look yet at how the Biden administration plans to implement a trade policy that is both protectionist and progressive
Biden Rolls Back Trump’s Metal Tariffs On European Union
The deal, which comes as U.S. and E.U. allies meet in Rome, will keep some trade protections in place in a nod to metalworking unions that supported President Biden.
Clear Differences Remain Between France and U.S., French Minister Says
Finance Minister Bruno Le Maire says the two countries remain at odds over China and various security issues, even if they had effectively cooperated on overhauling the international tax system.
U.S. Signals Little Thaw in Trade Relations With China
The Biden administration said it would not immediately remove the Trump administration’s tariffs and would require that Beijing uphold its trade commitments.
U.S. and Europe Announce New Trade Cooperation, but Disputes Linger
A new trade and technology partnership aims to counter China, but tensions over issues like metal tariffs remain.
Businesses Push Biden to Develop China Trade Policy
Seven months into a new administration, companies want the White House to drop tariffs on Chinese goods and provide clarity about a critical trade relationship.
Luxury’s Gray Market Is Emerging From the Shadows
New platforms and dealers able to offer steep discounts on the latest styles are becoming a powerful — and disruptive — force in the fashion industry.
Europe Rolls Out Ambitious Climate Change Plan, but Obstacles Loom
The proposal would impose tariffs on some imports from countries with looser environmental rules. It would also mean the end of sales in the European Union of new gas- and diesel-powered cars in just 14 years.
The Trumpian Roots of the Chip Crisis
We’re still paying the price of tantrum-based policy.
High Lumber Prices Add Urgency to a Decades-Old Trade Fight
Forced to pay more for wood, home builders want the Biden administration to settle a long-running dispute over Canadian imports. It won’t be easy.
Britain Signs Major Trade Deal With Australia, Its First After Brexit
The agreement will include a cap on tariff-free imports for 15 years, a measure intended to appease British farmers concerned about a flood of beef and sheep imports.
U.S. and E.U. Agree to Suspend Feud Over Aid for Airbus and Boeing
The agreement, coming as President Biden prepares to meet European leaders, ends a 17-year dispute over aircraft subsidies.
Portugal’s Bike Boom: How the Country Is Meeting the Demand
To meet a jump in demand, the country’s bike-making industry is building new factories, hiring workers and dealing with parts shortages.
Steel Price Surge Revives U.S. Industry
A rebounding economy and Trump-era tariffs have helped drive the price of domestic steel to record highs.
U.S. and Europe to Begin Talks on Steel and Aluminum Tariffs
The Biden administration is trying to rebuild relations with Europe, but it is moving cautiously to unwind tariffs imposed by President Donald J. Trump.
Brexit Trade Deal Gets a Final OK From E.U. Parliament
The vote is the formal end of the long Brexit process, which began nearly five years ago. But mutual mistrust remains high.
What Bidenism Owes to Trumpism
The Biden agenda tries to seize the populist opportunity that Trump let slip away.
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.
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.
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.
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 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 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.
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.
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.
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.
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.
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.
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.
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.
Post-Brexit Trade Deal: 5 Takeaways
Britain and the European Union spent months negotiating the terms of commercial relations after Dec. 31.
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.
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.
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.