Panels coming from Cambodia — where producers refused to cooperate with a U.S. probe into unfair subsidies from China — would be subject to the highest duties at 3,500%.
Dan Swartz, tariffs and customs principal with Crowe, explains how a rapid rise in tariffs, especially on goods from China, is threatening to impose a huge financial burden on U.S. importers, well beyond the amount of the tariffs themselves.
Waste colonialism is an under-recognized yet far too prevalent practice, whereby developed nations export millions of tons of used clothing to Africa, Asia and Latin America.
Senator Elizabeth Warren highlighted fears that the "chaotic approach" to trade could enable corporations to increase prices "regardless of whether goods are actually subject to tariffs."
Progress toward slashing greenhouse gas emissions from international ocean shipping is well along, but the question of how ship operators will afford greener fuels remains unanswered.
Under the measures, Chinese ship owners and operators will initially be charged $50 per ton of cargo, rising by $30 a ton each year for the next three years.