Watch our video and audio series to better understand the goal of tariffs and their likely impact on global trade and the world economy.
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CLA has contracted with The Franklin Partnership and Omar Nashashibi to provide the content for this video and audio series. We regularly add new clips as changes in the trade war and U.S. tariff policies develop, so check back periodically for the latest updates.
We’ve talked extensively with Omar Nashashibi of The Franklin Partnership and others to record a series of short videos and audio clips that can help you better understand the goal of tariffs, their likely impact on inflation, the current and near-term trade environment, potential global quotas, and strategies for staying competitive.
September Congressional Trade Agenda
Senators, Representatives, and their staff spent much of August preparing to reveal their policy proposals in September in anticipation of possible action. U.S. House Speaker Mike Johnson announced his plans for the lower chamber of Congress to reserve a week in September during which they will consider legislation related to China, specifically de minimis exemptions and export controls.
Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — sheds light on the congressional trade agenda for September.
U.S. Denies Vietnam Market-Economy Status
On August 1, 2024, the U.S. Department of Commerce released a memo extending Vietnam’s status as a non-market economy country following an application filed by Vietnam last year. The rejection of application for treatment as market economy keeps the country on the non-market economy list, which currently includes eleven other nations ranging from Armenia and Azerbaijan to China, Russia, and Uzbekistan.
Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — sheds light on the effects this could have for imports from Vietnam.
Trade Focus Turns to Sub-Saharan Africa
The African Growth and Opportunity Act (AGOA) has allowed duty-free access to the U.S. market for 1,800 goods that would otherwise be subject to tariffs since it came into effect in 2000.
Currently, 32 sub-Saharan African countries are eligible for AGOA benefits, which were extended and updated by the U.S. Congress in 2015. Many government officials consider this agreement to be the most significant U.S. policy towards Africa.
However, if Congress does not act, the agreement will expire on September 30, 2025. Our trade policy correspondent in Washington, DC — Omar Nashashibi of The Franklin Partnership — sheds light on the agreement's specifics and what to anticipate.
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CLA’s manufacturing and distribution professionals and international business advisors can help you assess the impact of tariffs on your operations and craft short- and long-term strategies for competing amid the trade war.
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