According to expert testimony given by the witnesses, the crisis is being fueled by poor manufacturing practices that have led to recalls by foreign drug manufacturers, and the race to the bottom on generic drug prices that make it impossible for American generic drug makers to compete with subsidized competitors in India and China.
An alarming new report released by the Prague Security Studies Institute (PSSI) has identified 40 Chinese publicly traded companies in the U.S. capital markets which have strategic links to Iran.
The annual trade deficit has fallen. Yet for 2023, our trade deficit of $773 billion was once again the world’s largest. Our goods deficit, at $1.06 trillion, exceeded a trillion dollars for the third year in a row.
Microchips, microchips, microchips… These days, almost everything we use in our daily lives is controlled by tiny integrated circuits. They’re the miniature brains in our cellphones, satellites, military defenses, and wireless networks. The recipe for these microchips — and for the advanced technologies they make possible — may seem complicated. But they always depend on…
