Trade Debate Changing As Tariffs Show Their Purpose
Tariffs on China led to shrinking imports from there, but not from around the world. Naysayers point out that this means tariff policy failed. But has it?
Tariffs on China led to shrinking imports from there, but not from around the world. Naysayers point out that this means tariff policy failed. But has it?
China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.
Treasury sanctioned 70 Chinese defense contractors.Vanguard and BlackRock have somehow found a way to still invest in them.
China remains largest source of U.S. trade deficit as gap with China equal to U.S. deficit with Mexico, Canada and Germany combined.
Manufacturers from California, Wisconsin, Illinois and Ohio tell Congressmen that more needs to be done to compliment tariffs on China.
The U.S. China Economic & Security Review Commission heard from witnesses about keeping auto tariffs on China, and more incentives for manufacturing to reshore.
The U.S. China Economic and Security Review Commission hears from three witnesses who say don’t pick on China when it’s down.
Some 66% of Americans say we should keep tariffs on China.
After a July report by Reuters saying Chinese securities commissioners were banning companies from risk disclosures, Sen. Rubio calls for SEC action.
The June deficit fell for the second month in a row, but that doesn’t mean the U.S. is not on track for another trillion-dollar trade gap with the world. China remains largest single source of the trade deficit.