The bulk of the items excluded from the 10% tariffs hike, which will go into effect from September 1, includes household furniture, internet modems, routers and baby items. In a significant development, the Trump Administration has lifted import curbs on… Read More ›
Trump administration
Decision on license to U.S. companies for doing business with Huawei by next week: Wilbur Ross
The U.S. is likely to grant special licensees to U.S. companies who are seeking to maintain non-national security related business ties with China’s Huawei. According to a statement by U.S. Commerce Secretary Wilbur Ross, the Trump administration may respond by… Read More ›
Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade
While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
The Trump Administration’s Great Firewall of Commerce blocks Huawei Technologies and ZTE from gaining access to U.S. market
The Trump Administration is taking a stronger stance on national security policies initiated by the Obama Administration and is increasingly frustrating Beijing’s efforts at acquiring strategic U.S. industries and U.S. technology. Two congressional aides have disclosed, U.S. lawmakers have urged… Read More ›
The proposed tax bill is likely to undergo change before it becomes law
The likelihood of the Republican tax bill undergoing change is high since the House tax bill aims to not only cut taxes, which by itself is hard, but is also taking on provisions that are specific to certain industries, which… Read More ›
Trump Administration proposes John Rood as the undersecretary of defense for policy
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
Probes by the European Union and the U.S. push China to crackdown on violators of intellectual property
China has sought so portray its crackdown on violators of U.S. & European intellectual property as its independent decision. China’s markets are famous for cheap knock offs of well-known European and U.S. brands for a tenth of their asking price…. Read More ›
U.S. Commerce Department slaps 220% anti-subsidy duty on Canadian planemaker Bombardier’s Cseries jets
The Canadian airplane maker has termed the U.S. move as absurd and divorced from reality. Following a complaint lodged by Boeing Co, with the Trump Administration, against unfair subsidies received by Canadian airplane maker, Bombardier Inc, on Tuesday, the U.S…. Read More ›
U.S. Commerce Secretary Wilbur Ross prepares the ground for U.S. President Donald Trump’s visit to China this November
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
Trump Administration introduces bill to ease the exports of small arms
The move is likely to boost the sales of guns, but it is unlikely to have a significant impact on the overall revenues of U.S. gun makers, since exports sales account for only 10% of their total revenues. In efforts… Read More ›