US Trade Deficit with China Increases in April
By Steven L. Byers, PhD, CPA Senior Economist The US international trade deficit in goods and services for April 2019 declined slightly to $50.8 billion,
By Steven L. Byers, PhD, CPA Senior Economist The US international trade deficit in goods and services for April 2019 declined slightly to $50.8 billion,
Editor’s note: China will increasingly be carved out of global supply chains. Apple, already grappling with lacklustre response to its latest iPhone line-up, can ill-afford
By David Morse, Tax Policy Associate Director Law 360 reported this week that US Treasury officials believe multinational companies should anticipate new formulas as a part
Legislation would block unaudited and state-influenced foreign companies from US capital markets Washington. The Coalition for a Prosperous America (CPA) today endorsed the introduction of the
Excerpt: “Congress must act to strengthen the Buy American Act, not weaken it, eliminate the incentives for offshoring, and provide incentives for bringing manufacturing back to
Editors note: Senator Elizabeth Warren’s economic patriotism plan creates a split with Democrats still dedicated to cosmopolitan globalism. In some ways it is closer to
Excerpt: U.S. products became globally competitive, and the U.S. trade deficit shrank. In 1988, Congress passed a law requiring the Treasury Department to issue twice-yearly reports
Excerpt: “In President Xi’s mind, China is riding the great arch of history to a place where it makes the rules, and supplicants like the
Editors note: This is Senator Elizabeth Warren‘s “economic patriotism” platform in her own words. It shows that many of the ideas on exchange rates, globalization
Editors note: Elizabeth Warren proposes a Democratic response to the Trump MAGA agenda, incorporating some of it. Economic patriotism in trade and industrial policy are key messaging