Tag Archives: Us imports

China’s ascent in the US car market could be stopped short by new tariffsUS President Donald Trump has shown a particularly strong interest in the US car industry – which carries both significant symbolic and political weight – and therefore in trade flows of foreign cars into the US. The recently negotiated trade agreement with Mexico is mostly about car manufacturing, particularly aimed at halting the ongoing displacement of US car production to Mexico. And Trump’s grievances against...

The escalating trade deficit with China comes at a politically sensitive time.The release of January trade data could not have been more topical, coming as it does shortly after the Trump Administration announced fresh tariffs on imports of steel and aluminum, in the context of dangerously hardening trade rhetoric.The monthly US trade defict rose to USD 56.6bn in January, the highest since October 2008. And the politically-sensitive deficit with China rose to USD 36.0bn (non-seasonally...