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How ‘Made in China 2025’ became the real threat in a trade war

ArchiveBy Michael StumoApril 24, 2018

China unveiled its plan to dominate the world’s most crucial technologies with little international fanfare, another vague, guiding principle in the labyrinth of Communist Party bureaucracy. [Jessica Meyers | April 24, 2018 | LA Times] Three years later, it’s at the core of a trade dispute with Washington that threatens to upend the global economy.…

Trump Should Add More China Tariffs, Some Small Companies Say

ArchiveBy Michael StumoApril 24, 2018

Prominent U.S. business lobbies are begging the Trump administration not to impose tariffs on Chinese imports, but some small manufacturers are pushing the other way: Trying to get more products on the proposed list. [Mark Niquette | April 24, 2018 | Bloomberg] Makers of steel wheels, safes and other products want the U.S. to impose…

AFL-CIO backs CFIUS reform bill, warns against weakening it

ArchiveBy Michael StumoApril 24, 2018

The AFL-CIO has thrown its weight behind the Foreign Investment Risk Review Modernization Act and advised against changes to it. [Jack Caporal | April 24, 2018 | Inside US Trade] “The Foreign Investment Risk Review Modernization Act (FIRRMA) is a reasoned approach that balances the desire to maintain an open investment climate and our security…

SunPower Buys SolarWorld Americas to Produce in Oregon

Trade and Tariffs, TechnologyBy Michael StumoApril 24, 2018

By Jeff Ferry, CPA Research Director After opposing tariffs on imported solar cells and modules for years, and claiming the US manufacture of solar cells would never be profitable, San Jose, California-based SunPower Corporation announced last week plans…to become a leading US manufacturer of solar cells and modules. Last Wednesday, SunPower said it’s buying SolarWorld…

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