On January 20, 2021, the trade-focused Trump Administration will be replaced by the centrist Biden Administration. Although foreign trade will not be at the forefront of Biden’s domestic-driven policy goals, members of the trade community will likely see some changes.
Tag Archives: international
U.S. Shuffles Trade Partners | Mexico #1, Brazil in Spotlight
source As of 2019, Mexico came out on top as the number one U.S. trade partner according to the Census Bureau. This bump came soon after the Port of Laredo, Texas temporarily became the largest port of entry in the United States. Mexico pulls a tight race as the U.S.’s number two trade partner for …
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Remaining $300 Billion Trade Action announced via Twitter
August 1st, 2019 – President Trump announced via twitter that the remaining $300 billion of Chinese goods would be subject to an additional 10% tariff. List 4 is on the horizon (September 1st). Trump could call off the potential tariffs, such as the announced 5% tariff on Mexican imports. However, there is a greater chance …
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