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Tariffs

Higher tariffs may be bad for trade, but good for the environment

by Justin Ho
Oct 16, 2023
Recent research finds that higher tariffs on dirtier imports could reduce carbon emissions.
Steel production in the U.S. is a lot cleaner now than before the 1970s, thanks to the use of more energy-efficient electric arc furnaces. Above, a steel plant in Pennsylvania.
Drew Angerer/Getty Images
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U.S., Europe work to hammer out new agreement on tariffs

by Kimberly Adams
Sep 8, 2023
Remember those steel and aluminum tariffs that were supposed to target China but also pulled in Europe and Canada? Most of them still exist.
The Trump-era tariffs were imposed with the legal justification of protecting America’s national security. But they were also about protecting America’s steel and aluminum producers from cheaper Chinese imports.
Justin Sullivan/Getty Images
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For this customs broker, the Section 301 China tariffs are still top of mind

by Sean McHenry
Aug 23, 2023
The tariffs placed on over $360 billion of Chinese goods is still a chief concern for Gretchen Blough of Erie, Pennsylvania.
"People are looking for more supply chain solutions," says customs broker Gretchen Blough. Above, shipping containers at the Port of Los Angeles.
Mark Ralston/AFP via Getty Images
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Some U.S. manufacturers are still benefiting from Trump-era tariffs

by Richard Cunningham
Jun 16, 2023
The Biden administration hasn’t removed Trump’s tariffs on steel or aluminum — to the benefit of some U.S. manufacturers.
"Everyone kind of expected when President Biden came into office that that the China tariffs would go away," said customs broker Gretchen Blough. "But everything's still in place."
Justin Sullivan/Getty Images
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After 9 years, LA cheese shop moves to a space of its own

by Kai Ryssdal and Andie Corban
May 23, 2023
Lydia Clarke's business struggled in the early days of the pandemic. Now, she says, "I know we can do it."
Lydia Clarke in front of her "happy place," the cheese case.
Andie Corban/Marketplace
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"Made in America" policy can actually hurt the U.S., economist says

by Sabri Ben-Achour , Alex Schroeder and Erika Soderstrom
Apr 17, 2023
Adam Posen agrees with the goals of boosting green energy and keeping China at bay. But he says protectionism won't achieve them.
One example of industrial policy is subsidies for companies doing work in clean energy, like the kind that the Inflation Reduction Act provides.
Michael M. Santiago/Getty Images
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A different kind of trade agreement

by Sabri Ben-Achour
Sep 13, 2022
The Indo Pacific Economic Framework deals with labor standards, supply chains, climate change and transparency. But not tariffs.
U.S. Trade Representative Katherine Tai, center, spoke Thursday in Los Angeles during discussions on the Indo-Pacific Economic Framework.
Frederic J. Brown/AFP via Getty Images
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In the customs business, delays are becoming less common

by Sean McHenry
Sep 12, 2022
As congestion eases at some ports, "we know the fixed date of when freight is arriving now," said customs broker Gretchen Blough.
"Customs kind of takes a special kind of person.," says customs broker Gretchen Blough. “We’re kind of the Ally Sheedy of 'The Breakfast Club.'”
Patrick T. Fallon/AFP via Getty Images
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U.S. Trade Representative Katherine Tai: Globalization 1.0 was “fragile.” Will 2.0 be more resilient?

by Kai Ryssdal and Sean McHenry
May 2, 2022
Tai outlined what globalization 2.0 will look like and what those changes mean for the American people at the Milken Institute Global Conference.
U.S. Trade Representative Katherine Tai in conversation with Kai Ryssdal at the Milken Institute Global Conference on May 2.
Milken Institute
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Remember the trade war with China? U.S. businesses are still feeling it.

by Kai Ryssdal and Andie Corban
Apr 19, 2022
Kevin Feig's Florida auto parts company is paying the U.S. government up to $600,000 a month in import duties.
"You have to deal with what you're given. And right now, we've accepted the fact that the tariffs aren't going away," says Kevin Feig, president of Foreign Parts Distributors in Miami. Above, a worker assembles car door unit in Chicago.
Tim Boyle/Getty Images
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