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…
Editor’s note: Curtis Ellis continues to reveal China’s tactics as it seeks to dominate the industries of the future. You need to literally look no further than your wallet to see China’s unfair, unbalanced and predatory trade practices at work. [Curtis Ellis | August 3, 2018 | WND] Your wallet likely has a credit card in it,…
Legislation would hamper efforts to reshore domestic production Washington. The Coalition for a Prosperous America (CPA) is urging President Trump to consider vetoing legislation that would unilaterally eliminate tariffs on a variety of imported foods and goods that have been offshored and are no longer produced in the US. Both the House and Senate have passed…
Editor’s note: Interesting. A majority of business owners, including small business owners, surveyed in a new poll support additional tariffs on China, Mexico, Europe and Canada, although most expect negative effects on the economy if there’s a trade war, according to new UBS polling provided exclusively to Axios. [ Stef W. Kight & Jonathan Swan | August 2, 2018…
Editor’s note: The US is not the only country concerned about weaponized incoming investment from China. Germany just blocked China’s acquisition of an advanced machine tool making company. A Chinese company dropped its bid to acquire an advanced manufacturer in Germany after the German government prepared to veto the deal, reports Caixin Global. [August 2, 2018…
Editor’s note: President Trump publicly stated his intention to further increase tariffs on $200 billion of Chinese imports from 10% to 25%. The USTR press release below describes how that decision is being implemented. CPA members should consider whether to submit comments to support keeping or adding their products on this tariff list. Washington, DC –…
A steel pipe mill in Conroe will reopen this year, and the company says it’s in part thanks to President Donald Trump’s new tariffs on foreign steel Editor’s note: We continue to see job creation from the tariffs, though you won’t read about it in the national media. Tenaris’ Conroe plant largely shut down three years…
When Henry Ford introduced the Model T, the United States became the epicenter of a global automotive boom. Cars, jeeps, ambulances and tanks figured tremendously in both war and peace, and yielded industrial advances that employed millions of Americans. [George Boyd Jr. | August 1, 2018 | Morning Consult] Essentially, the automobile became the hub…
The U.S. Department of Agriculture (USDA) recently announced a $12-billion plan to support farmers and ranchers harmed by China’s retaliatory tariffs. Op-ed by Michael Stumo Originally Appeared on The Hill on July 31, 2018 Sen. Michael Bennet (D-Colo.) slammed the move in a tweet: “This solution is as insane as the policy that got us into this…