DomesticIndustry

US Tariff Revenue Gains Face Challenges from Trade Decline

1 month ago

The recent analysis of the United States' tariff revenue reveals a concerning trend as gains from tariffs are increasingly threatened by a decline in trade volumes. Despite initial boosts in revenue from tariffs imposed during recent trade conflicts, the overall trade dynamics suggest that the benefits may be short-lived.

India to Implement 12% Steel Tariffs to Safeguard Domestic Industry

2 months ago

In a significant move to protect its homegrown steel manufacturing sector, India has announced plans to impose tariffs ranging from 12% on specific steel products. This decision comes in response to concerns that excessive imports could inflict long-lasting damage on domestic producers, particularly in light of the ongoing global economic uncertainties.

US Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply

5 months ago

In a significant move to safeguard the domestic electric vehicle (EV) industry, American graphite manufacturers are advocating for a staggering 920% tariff on imported graphite from China. This initiative aims to counteract the monopolization of crucial battery materials and maintain a competitive edge for U.S. companies engaged in the EV market. The steep duty recommendation is rooted in the escalating concerns over supply chain vulnerabilities and nationwide reliance on foreign graphite resources, particularly those originating from China.