All About Imports: Chinese President Tries to Mellow Blossoming Trade War With U.S.

“Paramount Leader” and Chinese President Xi Jinping clearly hopes to defuse China’s trade situation with the United States after Donald Trump launched an aggressive tariff hike on metals last month. The People’s Republic has already filed a complaint with the World Trade Organization alleging Trump’s decision to impose additional duties of 25 percent on steel and 10 percent aluminum violate international trade rules.

It’s also requesting 60 days of consultations with the United States to resolve the dispute.

There’s also an olive branch on the table. Xi has promised to cut auto import taxes and improve intellectual property protections in a bid to bolster foreign exports and ease tensions before the U.S. and China enter into a full-blown trade war. Meanwhile, the White House is threatening to increase duties on $50 billion worth of Chinese goods in response to claims that China essentially bullies foreign companies to hand over technology in order to sell it inside the country.

Read more
Lighthizer Confirmed as U.S. Trade Representative After Waiver Approval

I hope you’re fond of domestic automobiles.

The Trump administration is setting the table to make importing cars more difficult with the U.S. Senate confirming Robert Lighthizer in an 82-14 vote as the U.S. trade representative, prepping the country for an assertive trust from the White House’s America First trade strategy.

Read more
Japan Says There's Nothing Closed About Its Barrier-filled Automotive Market

Japan has, once again, scoffed at U.S. demands for better access to its car market on Friday, setting the tone for next month’s unproductive talks on bilateral trade and economic relations between the two countries. U.S. Vice President Mike Pence and Japanese Deputy Prime Minister Taro Aso are supposed to hash things out in April but, before they’ve even managed to exchange pleasantries, the table is being set for failure.

If you’re wondering who is to blame, there are plenty of places to point the finger. The U.S. government complained to the World Trade Organization on Wednesday, claiming there are “a variety of non-tariff barriers [that] impede access to Japan’s automotive market.”

Today, Japan’s Chief Cabinet Secretary, Yoshihide Suga, offered his rebuttal to reporters. “We do not impose import tariffs on cars, and we do not impose any non-tariff barriers,” he said.

Read more
  • Varezhka Maybe the volume was not big enough to really matter anyways, but losing a “passenger car” for a mostly “light truck” line-up should help Subaru with their CAFE numbers too.
  • Varezhka For this category my car of choice would be the CX-50. But between the two cars listed I’d select the RAV4 over CR-V. I’ve always preferred NA over small turbos and for hybrids THS’ longer history shows in its refinement.
  • AZFelix I would suggest a variation on the 'fcuk, marry, kill' game using 'track, buy, lease' with three similar automotive selections.
  • Formula m For the gas versions I like the Honda CRV. Haven’t driven the hybrids yet.
  • SCE to AUX All that lift makes for an easy rollover of your $70k truck.