Americans face “significant” increase in prices of face masks if exemptions on some tariffs on imports from China expire, an industry group said in a letter to President Joe Biden.
The American Apparel & Footwear Association said that if the exemptions expire on March 31, China will be charged double the current tariff rate.
“Unless you act soon, these tariffs will cause irreversible damage to U.S. companies and their U.S. workers at a time when we are all working to jumpstart the economy,” Steve Lamar, president and CEO of the group, said in the letter to Biden.
China lifted its punitive tariffs on Australia’s wine exports, signaling an end to a three-year campaign of trade pressure on Canberra and raising hopes for a revival of the billion-dollar…
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View ArticleThe French government will delay holding another vote on the European Union’s free-trade deal with Canada, after an embarrassing setback in the Senate.
View ArticleThe Chinese government is “very close” to lifting the heavy tariffs on Australian wine imports, a business lobby said, while tempering expectations about all producers returning to the market after…
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