Summary:
‘This would be beyond a trade war. You're talking about blowing up the WTO’ The US Commerce Department finally released its report on investigations into steel and aluminum imports on Friday, recommending wide-ranging tariffs and quotas on products coming into the United States. It will be up to President Trump what he wants to do with the recommendations, though he has publicly indicated he sides with Commerce Secretary Wilbur Ross on the issue of trade restrictions. Cabinet members including Gary Cohn, Steven Mnuchin, Rex Tillerson and James Mattis are reportedly opposed to using the Section 232 law, cited by the report, to impose tariffs on national security grounds.... Asia Times World braces for first real shot of Trump’s trade war Staff
Topics:
Mike Norman considers the following as important: tariffs, US Commerce Department, Wilbur Ross
This could be interesting, too:
‘This would be beyond a trade war. You're talking about blowing up the WTO’ The US Commerce Department finally released its report on investigations into steel and aluminum imports on Friday, recommending wide-ranging tariffs and quotas on products coming into the United States. It will be up to President Trump what he wants to do with the recommendations, though he has publicly indicated he sides with Commerce Secretary Wilbur Ross on the issue of trade restrictions. Cabinet members including Gary Cohn, Steven Mnuchin, Rex Tillerson and James Mattis are reportedly opposed to using the Section 232 law, cited by the report, to impose tariffs on national security grounds.... Asia Times World braces for first real shot of Trump’s trade war Staff
Topics:
Mike Norman considers the following as important: tariffs, US Commerce Department, Wilbur Ross
This could be interesting, too:
Dan Crawford writes Tariffs and Inflation
Mike Norman writes Who Pays the Tax on Imports from China? — Matthew Higgins, Thomas Klitgaard, and Michael Nattinger, FRBNY
Mike Norman writes “Across-the-Board Tariffs on China with Retaliation and Federal Spending Create Over 1 Million Jobs in Five Years” — Menzie Chinn
Mike Norman writes Kenneth Rapoza — Trump’s Base in Panic Over 25% Tariffs on China Goods
‘This would be beyond a trade war. You're talking about blowing up the WTO’
The US Commerce Department finally released its report on investigations into steel and aluminum imports on Friday, recommending wide-ranging tariffs and quotas on products coming into the United States.
It will be up to President Trump what he wants to do with the recommendations, though he has publicly indicated he sides with Commerce Secretary Wilbur Ross on the issue of trade restrictions. Cabinet members including Gary Cohn, Steven Mnuchin, Rex Tillerson and James Mattis are reportedly opposed to using the Section 232 law, cited by the report, to impose tariffs on national security grounds....
Asia Times
World braces for first real shot of Trump’s trade war
Staff