tariffs

The World Trade Organization has supported the Obama administration's decision in September 2009 to enact tariffs on Chinese tires imported to the U.S. The WTO said the president's claim that such imports disrupted the domestic tire market was warranted.

Since the mad cow scare of 2003, South Korea has been a tough market for U.S. beef: The country first banned it, then severely limited imports. But a pending new trade agreement could mark the resumption of normal trade and the start of a more prosperous era for American beef exports.

In an interesting demonstration of the extreme specificity of international trade, China's Ministry of Commerce recently levied a 30 percent tariff on imports of a specific artificial fiber -- nylon 6 -- from the United States, Russia, the European Union and Taiwan. Monday's announcement was...

The tiff over tariffs on Chinese tires has sparked a tug-of-war among pundits: Some are rushing to reassure us that China and the U.S. wouldn't be foolish enough to let this little spat blow up into something nasty, while others are labeling this the opening shot of a long-brewing trade...

One of the world's leading economic advisory organizations is urging governments to avoid protectionism as they grapple with the global recession. The Organization for Economic Cooperation and Development (OECD), advisor to 27 high-income countries, announced Tuesday it now expects global trade to...