New export bans as, on Tuesday, December 3 Chinese officials announced an escalation to trade restrictions between China and the United States. Specifically, China has placed a ban on all sales of gallium, germanium, antimony, tungsten and other “superhard materials” to the United States. The ban comes as President Biden implemented new measures aimed at stopping the flow of advanced […]
On November 29 the United States Department of Commerce (“Commerce”) announced preliminary duties on solar cells manufactured in Malaysia, Thailand, Cambodia, and Vietnam. This comes as determined that manufacturers in these countries are selling solar cells for less than fair market value, and/or are benefitting from government subsidies that harm U.S. domestic producers. Companies participating in the antidumping and countervailing […]
This weekend President-Elect Donald Trump threatened a 100% tariff on BRICS countries. This is in response to an initiative by the nine member international organization to replace the U.S. Dollar (USD) as the global reserve currency, possibly by the establishment of a new currency.BRICS, formerly an organization of Brazil, Russia, India, China, and South Africa, was formed to advance the […]