Trade policy news covering tariffs, trade agreements, import/export regulations, trade wars, and international commerce.
Manfred Weber, head of the European People's Party, warned that the EU's trade deficit with China of nearly one billion euros per day is jeopardizing Europe's industrial base and jobs. He urged the EU to take a tougher stance, citing tariffs on Chinese electric vehicles as a model for broader trade policy tools.
The EU and UK car industries are pressing the European Commission to postpone tariffs on electric vehicle imports under the Brexit trade deal, arguing they cannot meet battery sourcing targets by the current 2027 deadline. The rules were already suspended once until end of 2026.
The commentary argues that Europe should impose trade barriers on Chinese high-tech goods to protect its nascent defense industry and potentially nudge China toward a more consumer-friendly economic model. It cites OECD data showing Chinese subsidies drive over half of its market share gains, framing the situation as unusual and justifying protectionist measures.
This commentary argues that while the US is right to confront China's trade dominance, Trump's scattershot tariff strategy is ineffective and alienates allies. It contends that a more strategic, multilateral approach is needed to address China's manufacturing monopoly and prevent retaliatory supply disruptions, though the global trading system may be irreparably damaged.
This commentary argues that trade uncertainty will persist across North America for years due to the upcoming USMCA review. It suggests that the July 1 milestone to renew the agreement is a key date, but broader economic and political factors will prolong instability. The piece also notes skepticism about Alberta separatism.
Quebec aluminum smelters are operating at 95% capacity with no slowdown or layoffs despite 50% U.S. tariffs. Canadian producers lost nearly US$600 million initially but now supply the U.S. profitably by redirecting inventory from Europe.
Saskatchewan Premier Scott Moe announced the province is preparing for the July 1 CUSMA trade agreement review by forming a Saskatchewan CUSMA advisory council. Moe highlighted the province's leverage from key exports like oil, uranium, and potash, and criticized the White House for planning tariffs without engaging in deliberations.
The author argues that foreign countries like China and India are harming US manufacturing through unfair trade practices, and that Trump's tariffs are necessary to protect American jobs. He contends that weak Democratic leadership enabled offshoring and that a coalition of US industries is fighting back against import surges.
This commentary argues that the US proposed tariff on Indian goods may be leverage in trade negotiations rather than solely a response to forced labor concerns. It suggests the US is using the threat to secure a favorable deal, noting ongoing talks and recent tariff reductions.