Featured Content - Transition

President Trump on Friday threatened to open an investigation into European digital policies via Section 301 of the Trade Act of 1974, citing the European Commission’s decision on Thursday to hit Google with a $3.5 billion fine for breaching antitrust rules. “Europe today ‘hit’ another great American company, Google, with a $3. 5 Billion Dollar fine, effectively taking money that would otherwise go to American Investments and Jobs,” Trump said on his social media site . “This is on top...

The U.S. will adjust its 15 percent tariff on Japanese goods to be “inclusive” of most-favored nation rates, rather than “stacking” them, only after Tokyo makes “sufficient progress” on its commitments to Washington in a recently completed trade deal, Commerce Secretary Howard Lutnick told a court on Friday -- though officials on both sides said earlier in August that the U.S. had already agreed to make that change. “As of the date of this declaration, the 15 percent reciprocal tariff...

Caleb Ragland, the Kentucky farmer who leads the American Soybean Association, sees a lot of bad signs. While this year’s soybean crop is strong -- the Agriculture Department this month projected a record yield -- he tells Inside U.S. Trade that China’s lack of imports, falling soybean prices and rising inputs have put farmers on the brink of financial ruin. Soybeans are the largest U.S. agricultural export crop and China is by far the sector’s largest customer, historically buying...

A group of House Democrats is pushing a slew of bills to repeal tariffs on baby products imposed under the International Emergency Economic Powers Act. Rep. Tim Kennedy (D-NY) on Monday said the Trump administration's “reckless tariffs” have made baby products such as diapers, cribs and strollers “more expensive than ever.” During an Aug. 18 press conference alongside childcare advocates, he touted the package of legislation announced in late July by the Congressional Dads Caucus. “These costs are squeezing working...

U.S. Trade Representative Jamieson Greer is touting the start of President Trump’s long-anticipated tariff regime as the beginning of a “Trump Round” in international trade where the U.S. will use tariffs to bolster its own industries, both directly and as leverage to secure market access abroad or foreign investment in the U.S. through an array of still-evolving trade deals. “Indeed, by using a mix of tariffs and deals for foreign market access and investment, the United States has laid the...

U.S. Trade Representative Jamieson Greer said Friday that the administration “will do whatever it takes” to keep President Trump’s tariffs on nearly all of the country’s trading partners in force if the current versions are ultimately struck down in court, even as he insisted that officials are “very confident” in their defense of the policy. During an Aug. 1 Bloomberg News interview , Greer praised the Justice Department’s performance the previous day at a highly anticipated hearing before the U.S...

President Trump on Wednesday signed an executive order establishing a Commerce Department program to support U.S. artificial intelligence technology exports and calling for the creation of a federal AI export strategy – moves he said “will turn America into an AI export powerhouse.” Speaking to a group of technology representatives before signing several AI-related orders, Trump decried the Biden administration for what he called an overly restrictive approach to AI regulations. “The last administration was obsessed with imposing restrictions on...

Treasury Secretary Scott Bessent next week will head to Stockholm for trade negotiations with his Chinese counterparts, where he will look to extend a pause on retaliatory measures the two sides agreed to in May, the secretary said on Tuesday. U.S. and Chinese officials, including Bessent and U.S. Trade Representative Jamieson Greer, met in May and agreed to suspend retaliatory trade actions that had led tariffs of 125 percent on each other’s goods. The 90-day suspension expires on Aug. 12...

The goal behind the Trump administration’s trade policy is not to secure specific trade deals but to lower the U.S. goods trade deficit and raise incomes for U.S. households, U.S. Trade Representative Jamieson Greer said on Wednesday after his boss, President Trump, similarly downplayed the importance of trade deals, saying he is “satisfied” with the terms laid out in tariff rate letters to trading partners. During an event in Detroit focused on domestic manufacturing, Greer criticized pre-Trump trade policy he...