Group items tagged

The US Congress is expected to back a set of punitive tariffs on Chinese imports in order to compensate for the artificial lowering of the value of the yuan. China's currency makes its products very cheap. The US is engaging in this protectionism in order to protect domestic workers.

This article mentions a possible tariff to be applied on cheap chinese products in the US. Such protectionism would result in higher prices for consumer, and possible retaliation from China.

Tobias Levkovich, chief US equity strategist for Citigroup says that protectionism can cause inflation ,a drop-off in business activity, and that US has other options to counteract the unemployment against cheaper import goods.

Against a backdrop of stubbornly high unemployment, both major political parties in the US have picked out China as a target for anger and, perhaps, protectionism. Concerned that cheap Chinese industries are usurping US jobs, politicians are threatening protectionist measures.

This article is about India cautioning the developed world against protectionist methods that prevent developing nations from engaging in specialization and taking advantage of comparative advantage.

As growth in national economies continues to falter, many countries are attempting to increase their domestic prosperity by discouraging the sale of foreign products. With tariffs and other protective measures, countries are decreasing free trade in the interest of assissting domestic producers.

This article talks about England raising the previously discounted tariff on energy.

This article analyses the economic rationale of Brazil's tariff policy during the first two years of the Plano Real. To this end, a study is made of the changes made in import duties for all the products traded. The tariff reform process in Brazil was begun in 1988, after the old Tariff Act had been in effect for thirty years, and represented a marked intensification in the process of trade openness, with the definition of a schedule of gradually decreasing tariffs which was further speeded up as from 1990.

This article is about a US imported product--Toyota brand cars from Japan--with safety issues. Because the problems with the accelerator pedals could be a concern for US consumers, the United States government may have considered taking action. This would be administrative protectionism.

This article is about the attempt to agree on a free trade pact between the US and South Korea. The economies of both countries are hurt by protectionist measures, as they restrict the amount of exports.

In an effort to combat what is seen as deliberate action on the part of the Chinese government to keep that value of its currency artificially low to improve the competitiveness of exports in foreign markets, The US has considered devaluing its own currency. This has led to criticism from China and Russia.

This article talks about developing countries, such as China and India, wanting to join in free trade with more developed countries in Europe and the US.