The Congressional Research Service (CRS), a nonpartisan staff to congressional committees and Members of Congress, has released an overview report, International Trade and Finance: Overview and Issues for the 116th Congress, in which it offers a brief review of President Donald Trump’s first two years in office and policy issues that the new 116th
Section 201 Investigation
WTO Members Formally Request Consultations With the U.S. Regarding Solar Cell and Washing Machine Trade Actions
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Posted in China, Section 201 Investigation
As expected, the European Union, China, South Korea and Taiwan have formally requested WTO consultations with the United States over the Trump administration’s Section 201 global safeguard measures on imports of certain solar cells and washing machines. The countries requested consultations under Article 12.3 of the WTO Agreement on Safeguards, which entitles affected countries who…
President Trump Imposes New Tariffs on Washing Machines and Solar Cells and Modules
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Posted in Section 201 Investigation
Under Section 201 of the Trade Act of 1974, President Donald Trump has imposed new tariffs on imported large residential washing machines and imported solar cells and modules, marking the first time the United States has imposed global safeguard restrictions since 2002. These new tariffs were based on recommendations by the U.S. International Trade Commission.…