By Steven L. Byers, PhD and Jeff Ferry  The US trade deficit in goods and services for January 2020 fell 6.7 percent from December, to $45.3 billion, as January’s monthly imports decreased more than exports. On a year-over-year basis, January’s goods and services deficit fell $8.5 billion, or 15.8 percent, from January 2019, continuing the…

Editor’s note:  USDA is finally, hopefully, considering something helpful to cattle producers. Ag Sec Perdue has been too friendly to foreign meat packer and importer interests, including allowing Brazilian beef into the US recently, despite the foot and mouth disease risk. Brazil is the China of beef, and this move will drive down cattle prices…

Editor’s note:  This is good news. But check out how many other international organizations China leads! Singapore’s Daren Tang beat Chinese contender for World Intellectual Property Organisation role [Katrina Manson, Primrose Riordan | March 4, 2020 | FT] A US campaign helped prevent China’s contender from taking the helm of the World Intellectual Property Organisation…

Editor’s Note: Jeff Ferry is chief economist at the Coalition for a Prosperous America (CPA). 2019 could mark a major turning point. [Jeff Ferry | March 4, 2020 | Industry Week] In 2019, the overall U.S. trade deficit declined, as did America’s goods deficit with China. These are positive developments for the U.S. economy—and the Trump…

Editors note. Another reminder that the worst air pollution policy in history was allowing China into the WTO. Coronavirus is clearing the air in China. [Sara Dorn | February 29, 2020 | NY Post] Stunning aerial images of Earth show a drastic decrease in pollution levels over northern China in the past month, as entire…

Editors note: These are companies benefiting from forced labor in China. Acer, Apple, Amazon, ASUS, Dell, General Electric, Google… The Chinese government has secretly transferred thousands of Uyghurs and other ethnic minority citizens from Xinjiang to factories across the country, according to a new report that implicates brands including Apple, BMW, Google, Nike and Samsung. [Isabelle…

Editor’s note: Europe is finally realizing that Chairman Xi is not their friend. The US still must get the trade imbalance with the EU fixed so we stop transferring jobs and industries there.  Countries that once saw Xi Jinping as a possible ally on global issues now find themselves resisting Beijing’s authoritarian sway [Yaroslav Trofimov…

In 2019, the US trade deficit, our total imports and our goods imports all declined. These are all positive developments for the US economy and especially so because key indicators of the overall US economy, including GDP and personal consumption expenditure, grew at healthy rates last year. The combination of US spending growth and imports…