The Trump administration may be beginning to favor the use of trade policy tools like tariffs to replace sanctions to compel foreign policy, researchers said on a podcast hosted by the Center for a New American Security last week.
Hours after President Donald Trump threatened to impose sanctions, tariffs and visa restrictions against Colombia for declining to accept a plane of deported migrants from the U.S., the White House said Colombia reversed course and agreed to the “unrestricted acceptance of all illegal aliens.”
A former top Commerce Department adviser in the Biden administration expects President Donald Trump and Congress to continue prioritizing export controls and other trade restrictions, although he said the government’s success partly depends on whether the administration can craft a clear, coordinated economic security strategy that doesn’t only rely on tariffs.
The Trump administration should look to negotiate new types of economic and trade deals that are centered on economic security issues, such as export controls and investment screening measures, the Center for a New American Security said in a new report this week. The think tank also called on President Donald Trump to create an economic security strategy, which should outline avenues to strengthen export control enforcement.
The Coalition for a Prosperous America, a think tank aligned with Trump's trade policy, issued a new report on agricultural trade, arguing that policies that aimed to lower U.S. tariffs in exchange for better market access for U.S. agricultural exports almost exclusively benefited soybeans, corn and wheat, while hurting fruit and vegetable farmers and livestock operations.
The U.S. will impose more sanctions against Russia if Russian President Vladimir Putin doesn't move quickly to negotiate a deal that will end its war against Ukraine, President Donald Trump posted Jan. 22 on Truth Social.
The chairman of the House Select Committee on China said Jan. 22 that the U.S. should take a harder line against China's aggressive policies on trade, investment and other matters.
The Biden administration’s upcoming AI chip-related export controls likely will upset key U.S. allies, especially the EU, by reinforcing the notion that the U.S. relies too heavily on extraterritorial controls and is “hellbent” on maintaining American technology leadership, the Center for European Policy Analysis said this week.
Donald Trump's return to the White House brings a "lack of predictability," Baker McKenzie attorneys said during a webinar last week on how threatened tariffs could affect countries around the globe.
The U.S. and China need to pause their escalating trade restrictions against one another and have a “serious” conversation about how to manage national security risks around technology to prevent a dangerous decoupling of their two economies, the outgoing leader of a major U.S.-China business organization warned this week.