The textile and apparel manufacturing industries have little sympathy for companies railing against starting a trade war with China. They point to the U.S. opening up trade with China beginning in 2000 -- with the backing of then-president Bill...
While more than 30 companies have had their requests for relief from the duties granted so far, some businesses that were rejected say they weren’t given adequate consideration after other companies objected.
The U.S. Trade Representative said the U.S. would take “all necessary actions” to protect U.S. interests and urged trading partners to “work constructively” with the Trump administration to address overcapacity in both metal sectors.
Multiple factors will have influenced the data, including a rush by some manufacturers to sell goods before tariffs imposed this month hit. But there’s little sign that the U.S. deficit with China will improve any time soon.
On Wednesday the Senate approved a symbolic motion backing a role for Congress in requiring tariffs based on national security, such as those President Trump imposed on steel and aluminum imports and is contemplating on autos.