Search Results for keywords:"tariffs"

The memorandum outlines the U.S. government's policy to protect American companies from unfair foreign practices, especially in the tech industry. It states that the U.S. will impose tariffs and take other actions against countries that apply discriminatory taxes and regulations that hurt U.S. businesses. The document instructs various U.S. officials, including the Secretary of the Treasury and the Trade Representative, to identify these foreign practices, consider responding to them, and develop strategies to mitigate their impact on American companies. The goal is to enhance the competitiveness of U.S. businesses and prevent foreign countries from exploiting them financially.

The Executive Order 14272 directs the U.S. Secretary of Commerce to investigate the national security impact of importing processed critical minerals and their derivative products. These materials are crucial for the economy and defense because they are used in important sectors like transportation and technology. The investigation will assess risks including the reliance on foreign sources that might be unstable, and it will explore measures like tariffs and incentives for domestic production. This action aims to ensure a resilient and secure supply chain for these vital materials.

The America First Trade Policy memorandum outlines a plan by the President to prioritize American economic and national security interests in trade policy. It directs various government officials to investigate and address issues like unfair trade practices, large trade deficits, and currency manipulation. The memo also emphasizes reviewing trade relations with China, exploring tariff adjustments, and examining the effectiveness of existing U.S. export controls. The goal is to enhance the United States' industrial and technological strengths, protect workers, and ensure fair trade practices with global partners.