Editors note: this change of tone in China’s state media underscores our belief that the current trade intervention will go on for a long time, with moves and countermoves as our strategy continues. Cpa members need to Think about this as a transition to a new normal in the future, rather than something that will…
Editor’s note: Tariffs or not, Apple and other US MNCs had no future in China. President Xi’s commercial espionage business model and China 2025 preceded the tariffs and continues. Apple has benefited from cheap labor and a strong supply chain in China and needs to share more of its profit with the Chinese people or face “anger…
Editors note. The pressure to do something about currency misalignment will continue to grow. Senator Graham needs to pivot from a focus on only manipulation to the dollar overvaluation problem. Sen. Lindsey Graham (R-SC) on Monday alleged that China was devaluing its currency to avoid the pain of U.S. tariffs and said he planned to…
Editor’s note: CPA congratulates Charlotte Pipe on its recent win against China trade cheating. CHARLOTTE, NC – August 3, 2018 – The International Trade Commission (ITC) voted unanimously today in favor of Charlotte Pipe and Foundry and the Cast Iron Soil Pipe Institute (CISPI) in their antidumping duty (AD) and countervailing duty (CVD) petition against…
Editors note. Interesting map. Incorrect conclusion that the GOP caucus is or would have been leading on trade intervention, because they are not. On Friday, Beijing announced new tariffs on $60 billion in U.S. goods — prompting new U.S. threats to ratchet up tariffs on Chinese exports to the United States. These are just the latest volleys in…
Editors note. More on China’s continued commercial espionage, this time in agriculture. (Reuters) – Two agricultural researchers from China were charged on Friday in connection with a 2013 attempt to steal U.S. rice technology for use in the medical field. [Tom Polansek | AUGUST 7, 2018 | Reuters] A U.S. grand jury indicted Liu Xuejun, 49, and…