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Trade War

Trade War

The Biden Administration Declares War on … China?

On Thursday, as Russian troops advanced on Kyiv and Russian President Vladimir Putin threatened nuclear war, the White House declared war on China. Not a literal war with China, or even a trade war. And I don’t mean to denigrate President Joe Biden’s response to Russian escalation, which included appropriately…
bubmag
February 25, 2022
Trade War

Is Washington starting a trade war with Oregon, Alaska, and Idaho?

Proposed fuel export tax triggers multiple responses in retaliation Have Washington Democrats in the legislature started a trade war? Their $16.8 billion transportation package includes raising taxes on Oregon, Idaho, and Alaska citizens via a tax on exported fuels. It is expected to raise $2 billion over 16 years. Washington…
bubmag
February 23, 2022
Trade War

China accused of failing to buy more Maine lobster

PORTLAND, Maine (AP) — China has failed to live up to its promise to buy more Maine lobster under a deal that opened the door to an easing of a trade war under former President Donald Trump, Maine’s congressional leaders say. Maine’s lobster industry was hurt by retaliatory Chinese tariffs…
bubmag
February 19, 2022