Excerpt: The CPA Reshoring Index (CRI) reports some good news—that the share of American-made manufacturing goods consumed in the U.S. market jumped significantly in 2019. But can the nation sustain that growth, particularly in the wake of the coronavirus epidemic? But can the nation sustain that growth, particularly in the wake of the coronavirus epidemic? [Jeff Ferry…
House Subcommittee ignores funding of sanctioned Chinese companies, overlooks violations of U.S. securities laws Washington. The Coalition for a Prosperous America (CPA) this week sent a letter to Rep. Gerald E. Connolly (D-VA) expressing concern over his investigation of a decision to withhold federal employees’ retirement money from Chinese companies. Connolly, the Chairman of the House…
Editors note: As these current crises ebb, we need to get the focus back on currency misalignment that will hamper our recovery. The Treasury is delaying its currency manipulation report, possibly on the back of new tensions with China – which might be labelled again despite not meeting the criteria. We estimate that Vietnam, Taiwan…
Editor’s note: If the phase one deal is pronounced dead, China decoupling becomes even more likely. Remember the phase one trade deal that the Republican Senate really wanted President Trump to ink with China (or else no quick impeachment acquittal, some DC insiders have told me) — well, it’s on life support. [Kenneth Rapoza | June…
By Steven L. Byers, PhD and Jeff Ferry The coronavirus disrupted international trade and led to a collapse in US trade volume which makes it difficult or impossible to draw conclusions about underlying trends. That being said, the April data show that exports are down 28 percent from a year ago and imports down 22.4…
