In the early days of our nation, tariffs, or taxes on imported goods, were a primary source of government revenue. Over time, however, as the nation’s economy and businesses matured, it became clear that it was both fairer for American households and better for businesses, many of whom increasingly imported inputs to aid their domestic…
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FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices
President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s…
Background Press Call by National Economic Advisor Lael Brainard and Senior Administration Officials on President Biden’s Actions to Protect American Workers and Businesses from China’s Unfair Trade Practices
3:23 P.M. EDT MR. KIKUKAWA: Hey, everyone. Thank you for joining our call today. Apologies that the daily press briefing is still ongoing. Today’s call is embargoed until tomorrow at five o’clock a.m. Eastern time. It will — we will start with on-the-record remarks from National Economic Advisor Lael Brainard, followed by a background…
Memorandum on Actions by the United States Related to the Statutory 4-Year Review of the Section 301 Investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
MEMORANDUM FOR THE UNITED STATES TRADE REPRESENTATIVE SUBJECT: Actions by the United States Related to the Statutory 4-Year Review of the Section 301 Investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation On May 5, 2022, the United States Trade Representative (Trade Representative) initiated the statutory 4-year review of the…
WHAT THEY ARE SAYING: Labor, Business, and Elected Leaders Praise President Biden’s Actions to Protect American Workers and Businesses from China’s Unfair Trade Practices
This week, President Biden took action to protect investments in America by increasing tariffs on $18 billion of imports from China. This action will combat China’s unfair trade practices and support the President’s historic investments in American steel and aluminum, semiconductors, electric vehicles, batteries, solar, and other strategic sectors. President Biden’s actions are pro-worker, pro-union,…
Press Call by National Economic Advisor Lael Brainard and Senior Administration Officials Previewing President Biden’s Remarks on Steel
Via Teleconference 5:06 P.M. EDT MR. KIKUKAWA: Good afternoon, everyone. And thank you for joining our call previewing President Biden’s remarks tomorrow at the United Steelworkers headquarters in Pittsburgh, Pennsylvania. This ca- — call will feature on-the-record remarks from National Economic Advisor Lael Brainard and background questions and answers with senior administration officials. For your…
A Proclamation on Adjusting Imports of Steel Into the United States
On January 11, 2018, the Secretary of Commerce (Secretary) transmitted to the President a report on the Secretary’s investigation into the effect of imports of steel mill articles (steel articles) on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). The Secretary…
A Proclamation on Adjusting Imports of Aluminum Into the United States
1. On January 19, 2018, the Secretary of Commerce (Secretary) transmitted to the President a report on the Secretary’s investigation into the effect of imports of aluminum articles on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). The Secretary found…
A Proclamation on Adjusting Imports of Aluminum Into the United States
1. On January 19, 2018, the Secretary of Commerce (Secretary) transmitted to the President a report on the Secretary’s investigation into the effect of imports of aluminum articles on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). The Secretary found and advised…
A Proclamation on Adjusting Imports of Steel Into the United States
1. On January 11, 2018, the Secretary of Commerce (Secretary) transmitted to the President a report on the Secretary’s investigation into the effect of imports of steel mill articles (steel articles) on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C.…
