EU Trade Chief Defends Medical Export Restrictions

Editors note: This is why we need self reliance on critical products, not just moving away from china. We can’t even rely upon allies. European Union Trade Commissioner Phil Hogan on Monday defended his government’s decision to restrict exports of masks, gloves and other protective equipment in response to the novel coronavirus outbreak, calling the…

FORCED LABOR, TARIFFS, AND BUYBACKS

Editor’s note: Beth Baltzan explains how the law currently prevents importation of products made in whole or in part by forced labor.  We remember the Tariff Act of 1930 because it included the infamous Smoot-Hawley tariffs. But we should remember it for something much more important: it prohibited imports made with forced labor.  Back in the day,…

Chinese hackers attacked foreign health care, military, oil networks as coronavirus hit China

Editors note: the phase 1 US China agreement included measures two stop China’s hacking. Are they breaching? As the coronavirus epidemic reached crisis level in Wuhan, China, in January, a known group of state-backed cyber hackers launched attacks at healthcare companies and other key industries outside the country, according to cybersecurity company FireEye.   [Patrick Tucker…

Opinion | Beijing’s permanent bailout machine: Why China’s industries never fail

Editor’s Note: Michael Stumo is CEO of the Coalition for a Prosperous America (CPA). Follow him at @michael_stumo Western economists often believe that China’s economy follows a rough approximation of America’s. But it doesn’t. How, for example, can China build massive overproduction in industry after industry — when there’s already too much being produced? And how can…