Editors note: China once again reveals that western hopes of openness and cooperation are futile. Time to consider systematic economic decoupling and protecting agriculture (which is subject to retaliation) through domestic programs. Trade talks are futile. SHANGHAI — Under China’s president, Xi Jinping, the last vestiges of the global internet have slowly disappeared from an online…
Urges Congress to consider pro-American tax reform Washington. The Coalition for a Prosperous America (CPA) is asking Congress to improve the federal tax system to promote US trade competitiveness. In a letter to both the Senate Finance and House Ways & Means Committees, CPA pressed for consideration of both a destination-based Sales Factor Apportionment tax…
Editor’s note: Wilbur Ross says that talks with China will be very difficult to resolve by March 2, the deadline before tariffs raised rom 10% to 25% on $200B of imports from China. He says the US is seeking structural reforms that take years to implement.
Charlotte Pipe and Foundry in North Carolina accuses a state-subsidized Chinese competitor of stealing their 117-year-old name and trademark and dumping inferior products in world markets; William La Jeunesse reports from Los Angeles.
