Tag: Protectionism

Trump Could Trigger Biggest Trade War in Decades, Canada Warns
Canadian FM Joly sought to explain ‘what is at stake’ in several meetings in Washington. On Friday, Canadian Foreign Affairs Minister Melanie Joly warned that the tariffs Donald Trump wants to impose on Canada would initiate the largest trade war between the two countries in decades. RELATED: Canadian PM Trudeau Outlines Retaliatory Tariffs Joly, who […]
January 17, 2025

Protectionism to Harm U.S. Economy and Global Trade: Jeffrey Sachs
If trade barriers start spreading all over the world, it will be a ‘big shock’ to the global supply system. Protectionist measures such as additional tariffs would burden U.S. consumers, harm U.S.-China trade and weaken the world economy, said renowned U.S. economist Jeffrey Sachs, urging the incoming administration to avoid implementing protectionist policies. RELATED: Mexico […]
January 17, 2025

China Files Complaint at WTO Over Canada’s Trade Protectionism
In August, Canada announced that it will implement a 100-percent surtax on all Chinese-made electric vehicles. On Wednesday, a spokesperson for the Ministry of Commerce confirmed that China has filed a complaint at the World Trade Organization (WTO) over Canada’s unilateralism and trade protectionism practices. RELATED: Kenya: Expo to Boost Sino-African Trade Ties to Be […]
October 2, 2024

Tariff War Against China May Backfire for the US: Rattner
On Thursday, The New York Times published an opinion piece stating that the United States’ new protectionist stance in the international trade will only raise prices, limit consumer choices and risk growth. RELATED: Chinese Military Drills Around Taiwan Are Legitimate: Wang The U.S. tariffs on Chinese electric vehicles and other products are mainly aimed at […]
May 24, 2024

Germany and Sweden Express Caution on Tariffs on Chinese EVs
German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have cautioned against tariffs on Chinese electric vehicles (EVs) following Washington’s announcement of hefty levies. RELATED: High Tariffs on Chinese Electric Vehicles Hurt US Consumers Scholz and Kristersson expressed reservations about possible European tariffs on Chinese EVs when asked at a press conference whether they […]
May 17, 2024

High Tariffs on Chinese Electric Vehicles Hurt US Consumers
Some Western media believe that the White House’s decision on Tuesday to increase the tariffs on Chinese electric vehicles (EVs) imports from some 25 percent to 100 percent will hurt U.S. climate goals, industrial competitiveness, and consumer interests. RELATED: The US Aims Its Trade War Towards Chinese Electric Vehicles “U.S. consumers mostly haven’t realized how […]
May 16, 2024

The US Aims Its Trade War Towards Chinese Electric Vehicles
On Tuesday, the White House unveiled new tariffs on imports of electric vehicles, solar cells and other clean-energy products from China, in a protectionist move widely believed to imperil the American ambition to enhance competitiveness and slash carbon emissions. RELATED: TikTok Sues US Government to Block Potential Ban According to the plan, the tariffs on […]
May 14, 2024

US TikTok Ban Is a Case of Digital Protectionism
Carme Ferre-Pavia, a professor of communication studies at the Autonomous University of Barcelona, said that a potential ban in the United States of the TikTok social media app owned by Chinese tech firm ByteDance is “a case of digital protectionism.” RELATED: US House of Representatives Votes Bill to Ban TikTok “This is a case of […]
April 24, 2024

China Urges US To Stop Suppression of TikTok
On Thursday, China called on the United States to stop the unreasonable suppression of companies from other countries, following a U.S. bill targeting TikTok. RELATED: US House of Representatives Approves TikTok Ban The U.S. side should earnestly respect the market economy and the principle of fair competition, and provide an open, fair, just and non-discriminatory […]