The proposal is part of a larger competition package being considered in Congress.
As the White House decides the fate of the Trump-era taxes, customs broker Gretchen Blough is dealing with more uncertainty.
"Everything is just a constant pivot," says Gretchen Blough, a customs broker in Erie, Pennsylvania.
That means the U.S. could impose punitive tariffs on Russian imports.
Adam Posen of the Peterson Institute says that could lead to less varied, costlier goods and a more divided and politically uncertain world.
Economists say Trump’s China trade policy is harming U.S. Why is it so hard for Biden to change course?
“It’s hard to do anything that doesn't end up hurting us more than it hurts them," says New York Times columnist Paul Krugman.
The trade promotion authority expires July 1. What is it, and why is President Joe Biden letting it lapse?
Post-Brexit trade friction makes some citizens in the province feel like foreigners in their own country.
The pandemic has limited travel in Europe. But once it starts up again, Britons will face lower limits on how much wine, beer and spirits they can purchase in France without paying taxes.