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NRF Responds to Rising CPI by Urging Administration to Repeal China Tariffs

The National Retail Federation today called on the Biden administration to repeal tariffs on goods from China, citing Consumer Price Index numbers released this morning by the Bureau of Labor Statistics.

“This report showing that rampant inflation continues is one more reason for the administration to move quickly to repeal tariffs,” NRF President and CEO Matthew Shay said. “Independent researchers and government agencies agree that ending tariffs is the fastest way to relieve the pressure of higher prices that American businesses, workers and consumers are facing every day...

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Jun 14 7:12 AM, General News



Canada Raises Tariffs on Russian Goods; Closes Ports to Russian Ships Following Ukraine Invasion

The Canadian government is responding to Russia’s invasion of Ukraine by dropping its Most-Favoured-Nation Tariff (MFN) treatment and closing its ports to Russian ships, a move that will hurt Russia’s pockets.

According to Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, Canada has issued the Most-Favoured-Nation Tariff Withdrawal Order (2022-1), removing Russia and Belarus’ MFN treatment, as announced on March 3...

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Mar 7 8:00 AM, General News







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