POPULARITY
Free trade was never actually free? That's the case Katherine Tai, Joe Biden's former U.S. Trade Representative, brings Bethany McLean and Luigi Zingales this week. For decades, the economic consensus treated free trade as an engine for cheaper goods and faster growth. But, Tai argues, this system actually relies on ignored externalities, allowing multinational corporations to reap the benefits of zero regulation while workers and the environment absorb the costs. Zingales goes further, arguing the whole system isn't free trade at all, but something he calls “captured trade”. So who exactly is that trade free for and what exactly is it free from? Tai walks through the hidden machinery most people never see, and what she calls a plan for a worker-centered trade policy. Connect with us:
In this episode, we kick things off by examining a massive competitive move that could fundamentally reshape the less-than-truckload landscape. Amazon announced the full expansion of its LTL service to all destinations, rolling out a traditional hub-and-spoke network capable of moving palletized freight anywhere nationwide at lower costs than legacy carriers. The service includes next-day live pickup, same-day drop-trailer options, real-time GPS tracking, and automated appointment scheduling, positioning the e-commerce giant as a serious threat to incumbent trucking companies like FedEx Freight, Old Dominion, and Estes. Next, we shift over to the autonomous trucking sector, where PepsiCo and Gatik have launched the largest commercial driverless freight deployment to date. This multi-year strategic partnership brings fully driver-out trucks into PepsiCo's consumer goods supply chain, with operations already live across Texas, Arizona, and Arkansas serving around two hundred fifty retail locations. These autonomous trucks maintain a ninety-nine percent on-time track record with no safety drivers in the cab, and a South Carolina production facility is set to begin mass-producing Level four autonomous trucks in the second half of twenty twenty-seven. Finally, we explore the trans-Pacific shipping market, where new tariffs are fueling an unusually early frontloading frenzy and peak season. Rate hikes and surcharges that took effect June first sent Asia-to-U.S. West Coast prices soaring fifty-one percent to four thousand eight hundred thirty-six dollars per forty-foot container, while East Coast prices jumped twenty-five percent. With the U.S. Trade Representative announcing new tariffs on sixty countries over forced labor concerns, the National Retail Federation has moved the expected peak season to June from July and predicts June import volumes will run five percent higher than May. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we kick things off by examining a massive competitive move that could fundamentally reshape the less-than-truckload landscape. Amazon announced the full expansion of its LTL service to all destinations, rolling out a traditional hub-and-spoke network capable of moving palletized freight anywhere nationwide at lower costs than legacy carriers. The service includes next-day live pickup, same-day drop-trailer options, real-time GPS tracking, and automated appointment scheduling, positioning the e-commerce giant as a serious threat to incumbent trucking companies like FedEx Freight, Old Dominion, and Estes. Next, we shift over to the autonomous trucking sector, where PepsiCo and Gatik have launched the largest commercial driverless freight deployment to date. This multi-year strategic partnership brings fully driver-out trucks into PepsiCo's consumer goods supply chain, with operations already live across Texas, Arizona, and Arkansas serving around two hundred fifty retail locations. These autonomous trucks maintain a ninety-nine percent on-time track record with no safety drivers in the cab, and a South Carolina production facility is set to begin mass-producing Level four autonomous trucks in the second half of twenty twenty-seven. Finally, we explore the trans-Pacific shipping market, where new tariffs are fueling an unusually early frontloading frenzy and peak season. Rate hikes and surcharges that took effect June first sent Asia-to-U.S. West Coast prices soaring fifty-one percent to four thousand eight hundred thirty-six dollars per forty-foot container, while East Coast prices jumped twenty-five percent. With the U.S. Trade Representative announcing new tariffs on sixty countries over forced labor concerns, the National Retail Federation has moved the expected peak season to June from July and predicts June import volumes will run five percent higher than May. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
The current landscape of the home furnishings industry has become increasingly precarious, as recent developments in trade policy have introduced a series of complex challenges that demand our immediate attention. A new customs crackdown, alongside a sweeping tariff proposal impacting sixty nations, has significantly elevated the stakes for businesses reliant on a global supply chain. Furthermore, the multitude of billions in refund claims now ensnared in legal uncertainty adds another layer of unpredictability to an already tumultuous financial environment. As we delve into the implications of these changes, it becomes evident that the principles of sourcing, pricing, and margin discipline are poised to be rigorously tested once more. We must approach the coming weeks with a proactive mindset, leveraging the opportunity for engagement during the public comment period on tariffs to advocate for our interests and to navigate through these turbulent times with strategic foresight.Takeaways:The recent proposal for new tariffs from the Office of the U.S. Trade Representative poses significant challenges for the home furnishings industry, potentially raising costs across numerous product categories.A multitude of new regulations and compliance requirements are expected to increase scrutiny on import practices and could lead to delays and additional expenses for retailers.Macy's recent performance indicates a shift in consumer behavior, where rising prices have led to a noticeable decline in demand for mid-tier furniture products, necessitating strategic adjustments by retailers.The acquisition of Leggett and Platt by Somni Group signals a consolidation in the bedding supply chain, which may affect component availability and pricing in the near future.The ongoing legal disputes regarding tariff refunds highlight the unpredictable financial environment for importers, complicating their planning processes amidst changing regulations.As the market evolves, retailers must adapt to a K-shaped economic recovery, focusing on cost management and diverse financing options to better serve value-sensitive consumers.
It's Thursday, June 4th, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Jonathan Clark China's Tiananmen Square massacre anniversary Today is the 37th anniversary of China's Tiananmen Square massacre in 1989. In the weeks leading up to the tragic event, students were protesting for democracy in Beijing. The Communist Chinese government responded by forcibly putting down the protests. Hundreds, if not thousands, died in the massacre. China's military also arrested leaders in the underground church which had fueled the protests. Communist Chinese denying Bible to imprisoned pastors Speaking of China, the country continues its persecution of the church. International Christian Concern reports Communist officials are denying access to Bibles for imprisoned pastors. Authorities arrested three leaders of Maizhong Reformed Church last year. Their family members requested to send them Bibles during their imprisonment. But officials refused the request and subjected the families to more intimidation. Please pray for our persecuted brothers and sisters in Christ of the underground church in China. According to Open Doors, China is the 17th most oppressive country worldwide for Christians. Please send a 2-3 sentence letter urging officials to give the Bible to imprisoned pastors. Send it to Chinese Ambassador Xie Feng, Chinese Embassy, 3505 International Place NW, Washington DC 20008. Africa's fertility rate above replacement level Pew Research reports that Africa boasts a young and growing population compared to the rest of the world. The continent is home to 19 percent of people around the globe. And it contains 28 percent of all people under the age of 25. In the next 75 years, nearly half of the world's young people are projected to live in Africa. Also, it is the only world region where the fertility rate is above the replacement level. Scotland officials drop case against pro-life grandmother The government of Scotland recently dropped its case against a pro-life, Christian grandmother. Last September, authorities arrested 75-year-old Rose Docherty. She was simply holding a sign near an abortion mill in Glasgow. The sign read: “Coercion is a crime. Here to talk, only if you want.” A court cleared her of criminal charges in April. And Scotland's prosecution office dropped the case last month. Listen to comments from Mrs. Docherty after her victory. DOCHERTY: “I was arrested, charged, and prosecuted for nothing more than peacefully inviting consensual conversation in a public space that I was permitted to be in. When I was arrested, I was handcuffed, placed in the back of a police van, and placed in a police cell for over two hours without a chair to sit on. Simply for being available for the lonely, the afraid, and the coerced, I have been treated like a violent criminal. “But thankfully, today the charges have been dismissed. The judge ruled that the charges were irrelevant and that they were a breach of my Article 10 free speech rights. Thank you all for your support and prayers. Thank you to ADF International and my entire legal team, who were brilliant. “Nobody should be criminalized for consensual conversations, and I am glad that that truth has been vindicated here today.” In Matthew 5:10, Jesus said, “Blessed are those who are persecuted for righteousness' sake, for theirs is the kingdom of Heaven.” Trump proposed new tariffs on 60 countries In the United States, the Trump administration proposed new tariffs of up to 12.5 percent on 60 economies. The U.S. Trade Representative's office released the proposal on Tuesday. It accuses these economies of failing to curb the importation of goods produced with forced labor. These economies include China, India, the European Union, the United Kingdom, and Canada. Episcopal Church installed lesbian bishop in North Carolina An Episcopal Diocese in North Carolina installed Sarah Fisher, a self-avowed lesbian, as its bishop last month. She is living in unnatural relations with another woman, Mandy Brady, who is an Episcopal priestess. It is reportedly the denomination's first appointment of its kind in the American south. Back in 1977, the Episcopal Church received its first homosexual into the clergy. Since then, membership has declined by nearly 50 percent as it has rejected clear Biblical teaching. Gallup poll: Americans less likely to support sexual perversion now A new survey from Gallup found that Americans are becoming less likely to support sexually perverted lifestyles. Support for such sinful lifestyles grew rapidly for two decades, peaking five years ago. Now, 65 percent of U.S. adults favor legal homosexual unions. That's down from a high of 71 percent in 2022. Similarly, 62 percent support homosexual relations now, down from 71 percent over the same time period. Wycliffe Bible Translators celebrated 800th Bible translation And finally, Wycliffe Bible Translators celebrated its 800th Bible translation this week. About 6.2 billion people now have the complete Bible in their own language. It took over 1,900 years to translate the Bible into 400 languages. The next 400 translations were completed in just the last 28 years. Isaiah 11:9-10 says, “The Earth shall be full of the knowledge of the LORD as the waters cover the sea. And in that day there shall be a Root of Jesse, who shall stand as a banner to the people; for the Gentiles shall seek Him, and His resting place shall be glorious.” Close And that's The Worldview on this Thursday, June 4th, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
The salient point of our discussion today revolves around the critical implications of the recent Section 301 investigation initiated by the Office of the U.S. Trade Representative concerning Vietnam's intellectual property protections. This inquiry, which could potentially culminate in new tariffs, underscores the significant shift in sourcing dynamics within the furniture industry, particularly as manufacturers have increasingly turned to Vietnam in their efforts to diversify production away from China. We further explore the ramifications of such trade policies on operational strategies and the necessity for furniture operators to proactively assess the impact on their costs and supply chains. Additionally, we delve into the corporate maneuverings of La-Z-Boy, which has undertaken a strategic divestiture aimed at refining its focus on its core upholstery operations, a decision indicative of broader trends among established brands concentrating their resources. Finally, we analyze the mixed results from the recent Memorial Day weekend sales, highlighting the cautious consumer sentiment influenced by external economic factors, which suggests a need for retailers to adapt their promotional strategies accordingly.Takeaways:The U.S. trade representative's new Section 301 investigation into Vietnam highlights the significant implications for furniture sourcing and tariffs.La-Z-Boy's recent divestment of its wholesale case goods business signifies a strategic focus on core upholstery operations and operational efficiency.The mixed results of Memorial Day sales reflect the broader economic concerns affecting consumer confidence in the furniture market this year.Retailers are increasingly adopting educational approaches to upselling, prioritizing customer engagement over traditional sales tactics, thereby enhancing average transaction values.Current economic pressures, such as rising gas prices, are reshaping consumer spending habits and necessitating strategic adjustments in retail operations.The upcoming Fourth of July weekend is poised to serve as a critical indicator of consumer confidence and retail performance for the remainder of the year.
Tim Powers fills in for Vassy Kapelos, who is on assignment today. Canada-U.S. Trade Minister Dominic LeBlanc is traveling to D.C. for a meeting with the U.S. Trade Representative, as the clock on the CUSMA review gradually winds down. CTV's Abigail Bimman has the latest from Washington. On today's show: Tim is joined by CTV U.S. political analyst Eric Ham to gather some insight on the politics of CUSMA from the American perspective. A trio of U.S. companies dominate 85 percent of Canada’s cloud computing market. According to a new report, that is bad news for A.I. sovereignty. We dig deeper with Curtis McCord, a policy analyst at the Canadian Anti-Monopoly Project and the co-author of this report. Money Talk with John Klotz: What does a technical recession mean for your portfolio? The Daily Debrief Panel - featuring Sharan Kaur, Jordan Paquet, and Nojoud Al Mallees. Prime Minister Carney has announced a new Advisory Council to deal with the alarming rise of antisemitism in Canada. What needs to happen next? We check in with Noah Shack, the CEO of the Centre for Israel and Jewish Affairs. The 2026 Stanley Cup Finals kick off tonight, as the Carolina Hurricanes and Vegas Golden Knights search for their second Stanley Cup in franchise history. TSN 1200 Ottawa's Gord Wilson tees up Game 1 in Raleigh, North Carolina.
Canada, the U.S. and Mexico are due to review their three-way trade deal July 1 — but one month out, how are things looking for this country? Former acting U.S. Trade Representative in President Trump's first term, Stephen Vaughn, shares the American perspective; and Brian Clow, who handled Canada-U.S. relations as deputy chief of staff to former Prime Minister Justin Trudeau, and Jacques Shore, partner at law firm Gowling WLG and expert on international trade, map out the potential path forward for Canada
In this episode, U.S. Trade Representative Ambassador Jamieson Greer discusses recent developments in the administration's global economic trade strategy. Host: Michael Froman, President, Council on Foreign Relations, Former U.S. Trade Representative (2013-17) Guest: Jamieson Greer, Ambassador, U.S. Trade Representative Want more comprehensive analysis of global news and events sent straight to your inbox? Subscribe to CFR's Daily News Brief newsletter. To keep tabs on all CFR events, visit cfr.org/event. To watch this event, please visit it on our YouTube channel: A Conversation With Jamieson Greer
Congressional Democrats want answers from the Cybersecurity and Infrastructure Security Agency https://cyberscoop.com/cisa-credential-leak-congress-demands-answers/ on GitHub in an incident that the security researcher who discovered it called one of the worst leaks he's ever seen. Other security professionals also voiced concern Tuesday about the leak and the potential for abuse by any malicious parties who got a hold of the information. Security firm GitGuardian said it discovered a public GitHub repository last week that exposed credentials for privileged AWS GovCloud accounts and internal CISA systems dating back to November. The repository, apparently maintained by a contractor, was named “Private-CISA.” Krebs on Security first reported the incident. A GitGuardian researcher said his main fear upon verifying the leak was real “is that a state actor will get the data and might be able to do bad stuff.” State-based attackers who obtained the credentials “might be able to gain persistence,” the researcher said, calling it worse than an attacker destroying a database or having an intruder gain access to a government system. The Office of Personnel Management would get a better handle on the federal biotechnology workforce under a pair of bills from a bipartisan House duo. Introduced Wednesday, the Federal Biotechnology Workforce Assessment Act directs OPM to coordinate with agency heads on defining the federal biotech workforce, in addition to assessing current and future needs for those “bio-literate” federal employees. The bill from Reps. Ro Khanna, D-Calif., and Rich McCormick, R-Ga., shared first with FedScoop, is aimed at ensuring the federal government workforce keeps the country a step ahead of China in the biotech space. Priority No. 1 for OPM's assessment is identifying the total number of biotech positions required at federal agencies. The legislation is focused specifically on the departments of Agriculture, Commerce, Defense, Energy, Health and Human Services, Homeland Security, Interior, State, and Treasury, as well as the Environmental Protection Agency, the National Science Foundation, NASA, and the offices of the Director of National Intelligence and the U.S. Trade Representative.
Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade".See omnystudio.com/listener for privacy information.
- Ag Markets with Mike Zuzolo- farmdoc Projects October ARC/PLC Payments- USTR Posts the Board of Trade will facilitate trade with China- Trump Supports Chinese Farm Ownership and University Students- Ag Weather with Eric SnodgrassThe May 15, 2026, Closing Market Report details recent developments in agricultural commodities, U.S.-China trade relations, and weather patterns. Market analyst Mike Zuzolo characterizes the recent commodity sell-off as a fund correction rather than a definitive market top, highlighting severe heat impacts on the Kansas wheat crop and noting that the recent Trump-Xi meetings resulted in renewed U.S. beef export licenses to China. On trade policy, the U.S. Trade Representative is developing a "Board of Trade" to manage bilateral commerce in non-sensitive goods, while President Trump publicly supported Chinese nationals purchasing U.S. farmland and attending American universities to support those respective domestic markets. Domestically, University of Illinois economists projected upcoming average ARC and PLC payments at $58 per acre for corn, $29 for soybeans, and $47 for wheat. Finally, meteorologist Eric Snodgrass reported on severe dust storms in the Northern Plains and expanding drought in Nebraska, warning that forecasting the upcoming summer weather remains highly uncertain despite a rapidly developing El Niño. ★ Support this podcast ★
AI optimism, strong corporate earnings and a resilient economy have powered stocks to successive record highs, driven by bets that spending on artificial intelligence will continue to fuel growth. The rally has also overshadowed mounting concerns that crude oil above $100 a barrel could reignite inflation and cloud the outlook for central banks and the global economy. We speak to Mark Cudmore, Global Leader of the Markets Live Team at Bloomberg News. Plus - Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade".See omnystudio.com/listener for privacy information.
*U.S. wheat production is taking a big drop. *A bipartisan group of member of Congress have sent a letter to the U.S. Trade Representative asking for help for specialty crop producers. *The annual Kansas wheat crop tour is this week. *Agriculture is benefitting from some important achievement in the policy arena.*The U.S. Meat Export Federation's Spring conference is next week. *The Trump administration's plans to increase beef imports is on hold. *It's breeding season for spring calving beef herds.
Tariffs are back and they're reshaping the international economic landscape in real time. The second Trump administration has unleashed a wave of trade measures that shift by the week, justified by goals that include everything from fighting unfair trade practices, to making everyday goods more affordable for American consumers, to national security. So where does international law fit in? And can the multilateral trading system absorb the shock? Catherine is joined by former U.S. Trade Representative and now Executive Director of the Coalition for New Trade, Ambassador Katherine Tai, for a candid conversation about what's driving these policies, what they're disrupting, and what the road ahead looks like.
Some of the stories on today's show include:-An agronomy manager with Wyffels Hybrids says the cool, wet streak of weather could pose some challenges. -New research from Ohio State University shows planting depth can help increase yields in early planting.-A member of the U.S. House Agriculture Committee is hopeful the Senate Ag Committee will maintain Proposition 12 language in the farm bill.-Farmers are asking the U.S. Trade Representative to do no harm to agriculture in ongoing trade negotiations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Some of the stories on today's show include: -Ag Secretary Brooke Rollins says it will require a significant effort from the administration to help improve fertilizer costs in the short term. -A member of the US House Agriculture Committee says newly introduced bipartisan legislation aims to boost domestic fertilizer production.-The U.S. Trade Representative says he would like to see changes made to the U.S.-Mexico-Canada Agreement to better support American agriculture.-Federal lawmakers are asking the Food and Drug Administration to provide more oversight of lab-grown protein products.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
8:05PM: A new study suggests that toxic or difficult people in your life might make you age faster! Guest: Brea L. Perry – one of the lead researchers in the study - Professor & Associate Director of the Irsay Institute for Sociomedical Sciences Research at Indiana University 8:15PM: Boston’s Newbury Street possibly becoming pedestrian only? Guest: Jay Willett – WBZ NewsRadio Reporter 8:30PM: President Trump is hosting a crucial summit with Japanese Prime Minister Sanae Takaichi. We discussed the importance of trade talks. Guest: Ambassador Jeff Gerrish - Former Deputy U.S. Trade Representative for Asia, Europe, the Middle East, and Industrial Competitiveness 8:45PM: What’s the angriest route/roadway among MA drivers? A new survey shows which U.S. roads make commuters angriest! Guest: Dan Mazella – Traffic Reporter & Operations Director for Boston’s Total Traffic & Weather Network HubSee omnystudio.com/listener for privacy information.
China's International Trade Representative Li Chenggang says the country and the U.S. have reached preliminary consensus on certain issues after talks in Paris (01:03). Beijing and Hanoi have held their first 3+3 strategic dialogue on diplomacy, defense, and public security (10:08). China will offer emergency aid to Iran, Jordan, Lebanon and Iraq in the hope of easing the humanitarian plight faced by local people (24:56).
Dan Anthony from WePayTheTariffs explains the recent Supreme Court decision that ruled certain tariffs illegal, how the refunds for affected importers will work, and what steps ecommerce owners should take moving forward. The Supreme Court recently struck down President Trump's tariffs. And that means there's good news and bad news. The good news is that you're likely going to be entitled to a full refund of any IEPPA tariffs you paid last year after the SCOTUS ruling. The other good news is that the CBP has been instructed to make the job of getting tariff refunds as simple as possible. The bad news is you're going to have to jump through a couple of hoops first. In today's episode, Dan Anthony from WePayTheTariffs is on to clear some of the confusion and skepticism about the refunds and the recent tariff increase that was announced after the Supreme Court passed their judgement. Timestamps: 00:00 - The Supreme Court's ruling on tariffs 01:44 - What the ruling did and did not address 02:12 - What happens to tariff money? 03:42 - Differences in legal footing between Trump 1.0 and 2.0 tariffs 05:15 - Timeline for implementing new tariffs 09:46 - Current application rates of tariffs: 10% or 15% 10:10 - What you need to do to get tariff refunds 13:37 - The urgency of refunds and how delays cost the US government money 16:58 - The likelihood of refunds being issued 18:54 - Potential government objections to refunds and appeal possibilities 20:19 - Timeline and procedural steps for refund payments 22:04 - Windows to protest tariffs and how they apply here 23:37 - The role of legislative efforts and legal timelines for refunds 26:07 - WePayTheTariffs' mission and ongoing advocacy efforts 28:48 - How small importers can support the campaign and register for refunds Resources & Links: WePayTheTariffs.com — Join the movement to advocate for tariffs refunds CBP Refund Registration — Register for ACH refunds to ensure you receive your money Section 301 Trade Law — U.S. Trade Representative info Section 232 Steel & Aluminum Tariffs — Official documentation As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested. Don't forget to leave us a review over on iTunes if you enjoy content like this. Happy selling and we'll talk to you soon!
Section 301 of the U-S Trade Act of 1974 is a broad tool which authorizes the sitting U.S. President to negotiate trade agreements, reduce tariffs, and combat unfair foreign trade practices. In mid-March, the U.S. Trade Representative's office put Taiwan on two 301-related lists: one for failing to take action over structural excess capacity, and the other, for failing to take action over accusations of false labor. International Trade attorney James Ransdell explains the regulation, and how it is being used against traditional U-S allies today. Hosted by I.C.R.T's Hope Ngo. -- Hosting provided by SoundOn
China's international trade representative has described the high-level discussions between Chinese and U.S. delegations in Paris as in-depth, candid and constructive exchanges.
Linktree: https://linktr.ee/AnalyticJoin The Normandy For Ad-Free NME, Additional Bonus Audio And Visual Content For All Things Nme+! Join Here: https://ow.ly/msoH50WCu0KThe Nintendo Lawsuit Against U.S. Government Over Tariffs (2026) is heating up as Nintendo of America files suit on March 6, 2026, in the United States Court of International Trade. In this segment of Notorious Mass Effect, Analytic Dreamz dives into the high-profile case where Nintendo demands a full refund—with interest—of tariffs paid under now-invalidated policies imposed by the Trump administration starting February 1, 2025.The tariffs, enacted via executive orders under the International Emergency Economic Powers Act (IEEPA), targeted imports from numerous countries, including key Nintendo manufacturing hubs like Vietnam and Cambodia. The Supreme Court ruled on February 20, 2026, in Learning Resources, Inc. v. Trump that IEEPA does not authorize such tariffs, deeming them unlawful and triggering over 380 similar corporate lawsuits (with thousands more including prior cases) from companies like Costco, Toyota, and GoPro seeking refunds on billions collected—estimates range from $166 billion to over $200 billion in total duties.Nintendo claims substantial harm from these "unlawful trade measures," citing impacts like delayed U.S. pre-orders for the Nintendo Switch 2 (originally set to begin April 9, 2025, but postponed due to tariff uncertainty) and price hikes on the original Switch and some Switch 2 peripherals in 2025 to offset costs. The suit names agencies including the U.S. Department of the Treasury, Homeland Security, Customs and Border Protection (CBP), Commerce, and the U.S. Trade Representative, plus officials like Scott Bessent and Kristi Noem.Refunds face delays: CBP cites manpower shortages, outdated systems, and massive volume, though a new processing system is expected in about 45 days. A federal judge has ordered reimbursements to begin, but logistical hurdles persist amid broader industry fallout, including potential future pressures like global RAM shortages.Analytic Dreamz breaks down the timeline, Supreme Court ruling, Nintendo's financial arguments, and what refunds could mean for console pricing across gaming—potentially stabilizing or lowering costs for Switch 2, PlayStation, Xbox, and hardware in 2026–2027 if the wave of litigation succeeds.Support this podcast at — https://redcircle.com/analytic-dreamz-notorious-mass-effect/exclusive-contentPrivacy & Opt-Out: https://redcircle.com/privacy
Dr. Seth Meyer is the director of the Food and Agriculture Policy Research Institute (FAPRI) at the University of Missouri and he joins us to discuss the recently released report on what nationwide availability for E15 would mean for overall ethanol demand. Ambassador Julie Callahan is the chief ag negotiator at the U.S. Trade Representative's office and she joins us from Kansas City to discuss her message to the pork producers meeting there regarding trade, binding trade agreements with eight countries, the upcoming review of USMCA and more. And Lance Honig, director of Methodology Division at USDA-NASS the process for creating the Prospective Plantings Report.See omnystudio.com/listener for privacy information.
The Office of U.S. Trade Representative recently announced the completion of an agreement on reciprocal trade between the United States and Taiwan. U.S. Meat Export Federation President and CEO Dan Halstrom says the trade deal is good news for U.S. red meat exports, starting with beef, where Taiwan is the fifth largest export market. Source: USMEFSee omnystudio.com/listener for privacy information.
We haven't seen any real negotiations over the past year because the Trade Representative's office wasn't staffed. All that's been discussed are tariff levels, not full agreements, and nothing has been ratified. However, the Mother Country is the main exception to this lack of trade talks.Join the Patreon here: https://www.patreon.com/PeterZeihanFull Newsletter: https://bit.ly/46ewiz4
Irwin Cotler, Former Justice Minister; David Paterson, Ontario U.S. Trade Representative; Annie Bergeron Oliver, CTV News; The Front Bench with: Dan Moulton, Laryssa Waler, Kathleen Monk & Laura Stone.
"When the Wright brothers got their airplane up in the air for the first time, it wasn't because they overcame the laws of physics, it was because they figured out how to harness those laws." - Patrick Kilbride, Policy Fellow at the Center for American Principles The rate and scale of change taking place around us are so destabilizing that it would be easy to think that 'old ideas' no longer apply. Could economic principles that were articulated in the late 1700s possibly be relevant in a global, digital economy? Patrick Kilbride, Policy Fellow at the Center for American Principles, and principal at Kilbride Public Affairs, says yes – and he recently re-read Adam Smith's Wealth of Nations to prove it to himself. Patrick is a public policy expert with experience as a Deputy Assistant U.S. Trade Representative. He has held a number of executive strategy- and policy-focused roles at the U.S. Chamber of Commerce. Today, he is a Policy Fellow at the Center for American Principles, a 501(c)(4) focused on personal liberties, free markets, and strong national security. In this episode of the Art of Supply podcast, Kelly Barner speaks with Patrick about the wisdom Adam Smith and his contemporaries can still offer us today: Why (and which) economic principles articulated during the Enlightenment still hold true today The quality of life improvements that have been driven by productivity gains despite population growth The role that governments can play in supporting enlightened self-interest Links: Patrick Kilbride on LinkedIn The Center for American Principles Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter Art of Supply on AOP Subscribe to This Week in Procurement
Mike Froman is president of the Council on Foreign Relations and former U.S. Trade Representative. He joins ChinaTalk for the first time to discuss: Why his 1992 dissertation on détente is suddenly relevant again – and why “positive linkage” fails to change adversary behavior, How mutual assured destruction has shifted from nuclear weapons to rare earths, supply chains, and technology, and why the U.S. and China are stuck in a costly, uncomfortable stalemate, Trump's unorthodox use of economic leverage and America's resilience problem, CFR's new cross-fellow initiatives on China, economics, and open-source analysis, Plus: an inside look at how think tanks work — salaries, funding, and what to expect from Mike Froman's tenure leading the CFR. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mike Froman is president of the Council on Foreign Relations and former U.S. Trade Representative. He joins ChinaTalk for the first time to discuss: Why his 1992 dissertation on détente is suddenly relevant again – and why “positive linkage” fails to change adversary behavior, How mutual assured destruction has shifted from nuclear weapons to rare earths, supply chains, and technology, and why the U.S. and China are stuck in a costly, uncomfortable stalemate, Trump's unorthodox use of economic leverage and America's resilience problem, CFR's new cross-fellow initiatives on China, economics, and open-source analysis, Plus: an inside look at how think tanks work — salaries, funding, and what to expect from Mike Froman's tenure leading the CFR. Learn more about your ad choices. Visit megaphone.fm/adchoices
U.S. Trade Representative Jamieson Greer is no stranger to President Donald Trump's tariff-forward trade agenda. Greer served as chief of staff to Robert Lighthizer, the U.S. Trade Representative in Trump's first administration. But now, it's Greer who's at the helm of the president's tariff implementation strategy — one that has drawn both criticism and praise from surprising places. “I've also had members of Congress come to me, people who maybe weren't fans of tariffs two years ago, and they said, ‘This is actually real money that's coming in that can be used to pay down the debt or pay for other things or finance our reindustrialization,” Greer said. In this week's episode of The Conversation, Ambassador Greer sits down with POLITICO's Dasha Burns to explain why trade policy defies political labels, the particulars of how deals are shaping up globally and the strategy behind reconfiguring seven decades' worth of international policy. Plus, Randi Weingarten, the president of the American Federation of Teachers, joins Dasha to explain how the battle for school funding continues to unfold, the intrinsic relationship between education and democracy and why the well-being of students should be at the top of the president's mind.
Chinese Vice Premier He Lifeng has held a video call with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. They discussed advancing cooperation and addressing concerns in the economic and trade sector.
U.S. Trade Representative Jamieson Greer is no stranger to President Donald Trump's tariff-forward trade agenda. Greer served as chief of staff to Robert Lighthizer, the U.S. Trade Representative in Trump's first administration. But now, it's Greer who's at the helm of the president's tariff implementation strategy — one that has drawn both criticism and praise from surprising places. “I've also had members of Congress come to me, people who maybe weren't fans of tariffs two years ago, and they said, ‘This is actually real money that's coming in that can be used to pay down the debt or pay for other things or finance our reindustrialization,” Greer said. In this week's episode of The Conversation, Ambassador Greer sits down with POLITICO's Dasha Burns to explain why trade policy defies political labels, the particulars of how deals are shaping up globally and the strategy behind reconfiguring seven decades' worth of international policy. Plus, Randi Weingarten, the president of the American Federation of Teachers, joins Dasha to explain how the battle for school funding continues to unfold, the intrinsic relationship between education and democracy and why the well-being of students should be at the top of the president's mind. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Office of the U.S. Trade Representative will hold a public hearing this week, December 3-5, on the U.S.-Mexico-Canada Agreement. The hearing is in anticipation of a scheduled review of the trade pact set for 2026. Source: USMEFSee omnystudio.com/listener for privacy information.
The Office of the U.S. Trade Representative will hold a three-day listening session this week on the USMCA ahead of the review of the North American trade agreement next year. The ag industry awaits word from the Trump USDA on an aide package. Corn exports continue to exceed last year's pace meanwhile soybean sales lag.
If You Know, You Know. That's probably what death metal fans would say about the island's thriving death metal scene, which has spawned the likes of bands including Assaasin, Chthonic, Dharma, and Flesh Juicer. To mark the first ever Formosa: Finland: Fest, we took a closer look at Taiwan's thriving metal scene with the help of a few friends: Deputy Representative and Trade Representative of the Finland Trade Center Jere Tala, and Frank Chu of the band Second Round. Hosted by I-C-R-T's Hope Ngo and Jacob Ingram. -- Hosting provided by SoundOn
The Senate Finance Committee approved Julie Callahan to serve as Chief Ag Negotiator at the Office of the U.S. Trade Representative. NCBA's Ethan Lane says the EPA's new WOTUS rule will be harder to change in future administrations. China purchased U.S. soybeans this week, but not because of the price.
The U.S. Trade Representative announced framework agreements with Argentina, Ecuador, El Salvador, and Guatemala to remove tariffs on products not produced in the U.S., while securing commitments to improve market access, regulatory transparency, labor and environmental standards, and intellectual property protections. For more information on this topic, listen to today's Two Minutes in Trade.
Carrier sentiment is suppressed by a weak rate environment as the market waits for necessary fleet rationalization, highlighted by historic levels of Class 8 oversupply exceeding 90,000 units. The physical evidence of financial distress is staggering, demonstrated by the collapse in trailer prices—with 3-year-old 53-foot dry vans now trading for under $20,000—and the high volume of repossessions dominating used equipment sales, where 158 out of 162 units sold by Ritchie Bros. in Q3 2025 were repossessions. This contraction is bleeding into the tech sector, as evidenced by the Chapter 11 filing of VC-backed freight tech startup Zuum, which listed assets and liabilities between $10 million and $50 million. Importantly, 19 of Zuum's top 20 unsecured creditors are freight brokers, revealing how interconnected the ecosystem is and exposing brokers to significant financial risk from failed tech platforms. Amidst the contraction, the future driver talent pipeline is seeing massive investment, including a 4.9 million earmark secured by Senator Thom Tillis for Southeastern Community College in North Carolina to aggressively expand its truck driver training program. Furthermore, a significant bureaucratic roadblock was temporarily removed when the DC Court of Appeals issued a temporary stay on the FMCSA's non-domiciled CDL rule, halting restrictions while the court reviews a lawsuit against the regulation. We also cover major international policy shifts, including the U.S. Trade Representative suspending Section 301 port fees on China-built cargo ships for one year, a reciprocal move that temporarily eases global trade tensions. Finally, we discuss the sobering update in air cargo capacity, where the FAA temporarily grounded all MD-11 freighters for inspection following a tragic UPS crash in Louisville, impacting major carriers like UPS and FedEx globally. Learn more about your ad choices. Visit megaphone.fm/adchoices
The American Sheep Industry Association has formally requested the U.S. Trade Representative’s Office initiate a global safeguard investigation into U.S. imports of lamb meat under the Trade Act of 1974. NAFB News ServiceSee omnystudio.com/listener for privacy information.
Trade policies shape everything from the price of goods to the stability of global economies, but how do they actually work? In part one of this two-part series, Plugged into Public Health host Lauren Lavin sits down with Dr. Anne Villamil, professor of economics at the University of Iowa Tippie College of Business, to unpack the history and complexity of international trade. Dr. Villamil shares her experience working at the U.S. Trade Representative's Office in Washington, D.C., and explains how trade institutions like the World Bank and World Trade Organization came to exist after World War II. Together, they explore how trade agreements are negotiated, what lessons past trade wars can teach us, and why tariffs are back in the spotlight today. Tune in next week for part two, where Dr. Villamil breaks down how tariffs work in the modern U.S. economy. A transcript of this episode will be available here soon. Have a question for our podcast crew or an idea for an episode? You can email them at CPH-GradAmbassador@uiowa.edu You can also support Plugged in to Public Health by sharing this episode and others with your friends, colleagues, and social networks. #publichealth #globaltrade #tariffs #trade #internationaltrade #economics #politics #policies #tradewars #healthcare
Mike speaks with Barbara Weisel, nonresident scholar in the Asia Program at the Carnegie Endowment for International Peace. She built a career serving in the Office of the U.S. Trade Representative for 23 years, departing as Assistant U.S. Trade Representative for Southeast Asia in October 2017. They discuss U.S. trade policy past and present, the mechanics of trade negotiations, how trade agreements impact national security and geopolitical strategy, how allies and partners should approach economic relations with the United States in the coming years, and more.
The U.S. Trade Representative has announced new tariffs on Chinese-made container cranes set to go into effect on November 9th, in response to China's use of unfair trade practices in shipping and shipbuilding. These levies, which include 100% tariffs on ship-to-shore container cranes, could stack with existing duties, bringing the total assessed tariffs on some Chinese exports to between 125% and 270%. Canadian mail carriers, represented by the Canadian Union of Postal Workers, have switched from a nationwide strike to local rotating strikes. Union officials characterized the move as a compromise allowing the restart of mail and parcel service after a two-week national shutdown, although Canada Post has suspended all service guarantees due to the uncertainty caused by the new rotating actions. Amazon is continuing to significantly build out its footprint by opening its largest fulfillment center ever in the Pacific Northwest and simultaneously constructing a large, automated distribution center in Indiana. The facility in Woodburn, Oregon, covers 3.8 million square feet—four times the size of Portland's International Airport terminals—and Amazon plans to initially hire 3,000 people to run the operation. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tommy & Ben sound the alarm about how Trump is laying the foundation for war with Venezuela—breaking down the administration's justifications, what escalation could look like, and why attacking Venezuela won't solve America's drug problem. Then, they discuss the latest negotiations between Israel and Hamas over Trump's Gaza “peace plan,” Israel's treatment of activists arrested from the Gaza-bound Global Sumud Flotilla, an update from journalist Noa Avishag Schnall, who's currently sailing to Gaza with another flotilla, and the United States' unprecedented security agreement with Qatar. Also covered: how MAGA is advocating for an El Salvador-style judicial takeover, Russia's “hybrid war” on Europe and its shadow fleet of decrepit oil tankers, and the over-the-hill rock stylings of Argentina's embattled president, Javier Milei. Finally, Tommy speaks with Michael Froman, president of the Council on Foreign Relations and former U.S. Trade Representative under Obama, about Trump's trade “strategy,” the death of the rules-based system of global commerce, and why the humble soybean has become a flashpoint in the trade wars.For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast. Get tickets to CROOKED CON November 6-7 in Washington, D.C at http://crookedcon.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
On this episode, NCBA Executive Director of Government Affairs Kent Bacus joins to discuss Brazil's unfair trade practices. The Office of the U.S. Trade Representative has initiated a section 301 investigation into Brazil's harmful practices and NCBA testified at a hearing to raise the American cattle industry's concerns. NCBA is calling for the U.S. to halt Brazilian beef imports due to Brazil's concerning history of failing to report animal health issues in a timely manner. Bacus also explains why NCBA supports President Trump's tariffs on Brazil but wants to see the Trump administration take further action to hold Brazil accountable.
This week on Ag News Daily, we are covering the latest from a Midwest crop tour and ag policy developments including solar energy, New World screwworm concerns and the U.S. government's lawsuit against California over emissions. Agriculture news this week includes the learnings from a crop tour across the Midwest and what to potentially expect come harvest time, a farmland value update and a local county in Iowa appealing to the U.S. Supreme Court after a company desiring to build a $9 billion pipeline to transport CO2 emissions. Additional headlines include the U.S. Trade Representative's Office investigating Brazil over what it calls unfair ethanol trade practices and the USDA's mid-year cattle report. In this week's interview, StoneX Chief Commodities Economist Arlan Suderman highlighted market news specific to corn, soybeans and wheat. He highlights some yield forecast information and comments about last week's WASDE report. Stay connected with us for more agriculture content on Instagram, TikTok, Facebook, and YouTube, along with our weekly videos!
Tensions are once again escalating between the world's two largest economies. Last week, President Trump accused China of violating the terms of the trade truce, with the U.S. Trade Representative accusing China of restricting the flow of critical minerals. And on Monday, China accused the U.S. of violating the agreement with new restrictions on the export of U.S. computer chips. Also on today's show: why non-alcoholic beer is on the rise and what to know about the proposed "Trump Accounts" for newborns.
Tensions are once again escalating between the world's two largest economies. Last week, President Trump accused China of violating the terms of the trade truce, with the U.S. Trade Representative accusing China of restricting the flow of critical minerals. And on Monday, China accused the U.S. of violating the agreement with new restrictions on the export of U.S. computer chips. Also on today's show: why non-alcoholic beer is on the rise and what to know about the proposed "Trump Accounts" for newborns.
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The [DS]/[CB] green agenda is falling apart, everything they said the opposite is happening. Another solar company goes belly up. China is trying to skirt the tariffs, this will fail. The tariffs are working, companies are moving back. Trump messages that we are in a transition and soon the people will see the gold. The [DS] is going down the path that trump sent. They are now exposing their infiltration and people can now see the entrenched enemy. Trump and the patriots are playing the game and it had to be this way to show the people the criminal syndicate. Trump has removed the three sides of the triangle and now the old guard is threatened. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KanekoaTheGreat/status/1918915519245381969 approximately 108 gigatons per year. https://twitter.com/TheCalvinCooli1/status/1918390219939934430 https://twitter.com/Rickster_75/status/1918331034493698275 TAKE A LISTEN European Union To Ban Anonymous Crypto & Privacy Tokens By 2027 The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero and Zcash. “Article 79 of the AMLR establishes strict prohibitions on anonymous accounts [...]. Credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts,” according to the AML Handbook, published by European Crypto Initiative (EUCI). The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.” Source: zerohedge.com https://twitter.com/KobeissiLetter/status/1919013699873821077 see a CEO with such a historic run again? https://twitter.com/KanekoaTheGreat/status/1918490939531657501 in homelessness. And they still called it "the best economy ever." China Reroutes Targeted Goods to Friendly North American Partner to Avoid Tariffs As if on cue, a short article from the Chamber of Shipping notes that cargo from China is being rerouted to avoid tariffs. The destination of the cargo is, CANADA! USCoS – experts caution that prolonged storage costs—estimated at $1,750 per container per week—and limited warehouse capacity could force sellers to offload discounted goods into the Canadian market, potentially disrupting domestic manufacturing. Others warn the strategy is risky and unsustainable, especially if the trade conflict drags into next year's U.S.-Mexico-Canada Agreement negotiations. (link) This will not end well…. … For Canada. Source: theconservativetreehouse.com When Americans' clothes were made in America U.S. Trade Representative posts shocking chart showing percentage of onshore manufacturing The post reads: "Reviving apparel production in America is not a pipe dream. It was not that long ago we were manufacturing 56% of U.S. apparel in America. 'Made in America' is an economic and national security priority of this administration." "@POTUS' trade actions are ushering in a reshoring renaissance as companies pledge billions of dollars to e...
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureCEO Jamie Dimon is calling it, recession is coming. We are already in a recession, Trump will pull us out of it. Ds trying to stop Trump's tariffs. Countries ready to negotiate, Trump pauses tariffs for those countries. China and the EU fight back with reciprocal tariffs, this will not end well for them. Trump main target is the Fed. The [DS] is still trying to use judges to stop Trump's agenda, in the end this will fail. They are trying to use judges in the correct jurisdiction. Trump has set the timeline for the [DS] treasonous acts. Trump will show how the [DS] committed treasonous against the US. In the end Trump will have the final move, checkmate. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1909947842845614115 https://twitter.com/WallStreetMav/status/1909935573772738708 Schumer: We Want to Take Tariff Authority from Trump We Allowed Biden to Have Because Trump's ‘Going So Overboard' Chuck Schumer (D-NY) r “Congress has always had the power to deal with tariffs, and we've always had these fights in the past on some of the tariff issues as well. But now that Trump is going so overboard, Congress can, has every legal authority to take those powers back, and that's what we aim to do.” Source: breitbart.com https://twitter.com/disclosetv/status/1909961646929301808 China is the Auto Capital of the World China is the world's largest car producer and exporter. A little-known fact is that China first became the world's largest car exporter back in 2023, with low-cost EV companies BYD and Chery in the spotlight. The nation's auto sector has been steadily expanding since then, with Chinese brands reaching an all-time high of 69.4% of domestic passenger vehicle market share in Q1 2025. Overall, China exported 5.86 million vehicles in 2024, a 19.3% annual increase. Mexico, Russia, Brazil, and the UAE were the top buyers. China sold 4.96 million passenger vehicles (19.7% YoY increase), 900,000 commercial vehicles (17.5% YoY increase), and 1.28 million new energy vehicles, as well as 987,000 battery-electric vehicles. Japan is the world's second-largest car exporter, exporting 4.22 million vehicles in 2024. This marked a -4.5% decline from 2023. Toyota remains Japan's leading vehicle, accounting for $312.28 billion in revenue and 830,048 million vehicles. Germany is holding onto third place in auto exports. In 2024, Germany exported 3.4 million passenger cars, marking a 2.5% annual increase. Around 25.9% of all vehicles exported from Germany last year were electric. Volkswagen Group remains Germany's star, generating $354.86 billion in revenue for the year. Source: armstrongeconomics.com Scott Bessent Reminds China They Need Access To US Market Far More Than America Needs Access To Their Economy Treasury Secretary Scott Bessent warned that China's decision to retaliate against President Donald Trump's tariffs will ultimately backfire. China announced it is raising tariffs on American goods from 34% to 84% in response to Trump hiking tariffs on Chinese goods from 54% to 104%, Bessent thats because China exports far more to the U.S. than it imports, it has more to lose in a trade war. China exported $438.9 billion worth of goods to the United States in 2024 while the U.S. exported $143.5 billion to China, according to the U.S. Trade Representative. Consumer spending in America makes up nearly 70% of its Gross Domestic Product (GDP), according to J.P. Morgan Asset Management.