What Should Importers Know About CBP’s Forthcoming Tariff Refund Process?
Customs and Border Protection (CBP) is due to unveil its newly developed tool for processing…
Customs and Border Protection (CBP) is due to unveil its newly developed tool for processing…
“We’ll look at how a country treats us—are they good, are they not so good? Some countries we don’t care, we’ll just send a high number out,” Trump said on Fox News. “Congratulations, we’re allowing you to shop in the United States of America. You’re going to pay a 25% tariff or 35% or 50% or 10%.”
“What does this do long term to trust and confidence [in the U.S.]?” says Mark Cogan, associate professor of peace and conflict studies at Japan’s Kansai Gaidai University, tells TIME. “You’re bullying your way to get what you want, and that reduces trust. To a certain extent, parties will assume eventually that they cannot negotiate with the United States because perhaps the United States is not negotiating in good faith.”
Countries seeking quick and favorable deals with the U.S. also face a balancing act with China.
China has attempted to position itself as a reliable and stable partner, in contrast with Trump’s erratic style, and to strengthen its relations with other countries. Trump’s tariffs “were accelerating a trend of Chinese businesses looking more and more overseas,” William Figueroa, an assistant professor of international relations at the University of Groningen, previously told TIME.
“We’ll look at how a country treats us—are they good, are they not so good? Some countries we don’t care, we’ll just send a high number out,” Trump said on Fox News. “Congratulations, we’re allowing you to shop in the United States of America. You’re going to pay a 25% tariff or 35% or 50% or 10%.”
“What does this do long term to trust and confidence [in the U.S.]?” says Mark Cogan, associate professor of peace and conflict studies at Japan’s Kansai Gaidai University, tells TIME. “You’re bullying your way to get what you want, and that reduces trust. To a certain extent, parties will assume eventually that they cannot negotiate with the United States because perhaps the United States is not negotiating in good faith.”
Countries seeking quick and favorable deals with the U.S. also face a balancing act with China.
China has attempted to position itself as a reliable and stable partner, in contrast with Trump’s erratic style, and to strengthen its relations with other countries. Trump’s tariffs “were accelerating a trend of Chinese businesses looking more and more overseas,” William Figueroa, an assistant professor of international relations at the University of Groningen, previously told TIME.
“We’ll look at how a country treats us—are they good, are they not so good?…
After years of chaos in the global supply chain, Ryan Petersen, CEO of the logistics…
Global tariffs for shoe firms are going up by another five percent, and they could…
U.S. President Donald Trump is already planning new tariffs to replace the ones the U.S.…
President Trump is adding a new 10 percent tariff on nearly all imports to the…
Investment firms are on track for an enormous payday after the Supreme Court of the…
PARIS — Hoping to put U.S. trade tariffs and diplomatic tensions behind them, French luxury…
PARIS — Pieces of the fur industry has been falling like dominoes. In recent weeks,…
firms got a holiday gift from the Trump administration in the form of a one-year…