Editors note: this is an important report that we have been waiting for. It will be the start of moving our defense industrial supply chain away from reliance on strategic competitors like China. Beijing’s “trade dominance” and willingness to use trade as a “weapon of soft power” is putting the U.S. manufacturing and defense industrial…
Trump administration details blueprint to rebuild key manufacturing sectors Washington. The Coalition for a Prosperous America (CPA) today said the Trump administration’s new report on vulnerabilities in the US defense industrial base is welcome and critical to national and economic security. The new report offers a comprehensive assessment of the state of defense manufacturing in the United…
New trade data from the Department of Commerce shows that America’s trade deficit continues to rise, with the August seasonally-adjusted deficit of $53.2 billion rising 6 percent above the July figure and a staggering 20 percent worse than the August 2017 figure of $44.2 billion. On a year-to-date basis, the trade deficit is running at $391 billion,…
