Posted on 11 July 2011 by Rhonda Flathman
Even as some lobbying groups have voiced their criticism about the U.S.-Mexico cross-border trucking agreement, more and more have expressed their support. In addition to the American Trucking Assns. (ATA), several farm products groups were pleased that lifting the retaliatory tariffs as part of the agreement could help boost exports. Both the American Frozen Food Institute and the International Dairy Foods Continue Reading
Posted on 16 September 2009 by Rhonda Flathman
Tariffs on car and light truck tired from China will carry an additional 35 percent charge, after President Obama approved the action yesterday. In their first year levied, the tariff will be 35 percent and dropping by 5 percent each of the next two years. With Chinese imports more than tripling in a four-year span, the U.S. International Trade Commission (ITC) recommended Continue Reading
Posted on 14 September 2009 by Rhonda Flathman
With a double-digit increase in U.S. market share in just five years, tires imported from China may carry higher tariffs. A decision is expected from the White House on whether that 55 percent import tariff will be imposed. Based on legislation passed in 2000, such protections can be levied on Chinese imports if their Continue Reading