Senate Finance Committee Members Increasingly Showing Support for China 301 Tariffs
In six short years, there is now a strong, bipartisan consensus that trade with China is a serious issue that is harming our nation, workers, and producers.
Indian Pharmaceutical Company Zydus Lifesciences Fails 10 FDA Requirements
Generic drug exporter Zydus Lifesciences received poor marks again in April following a Food and Drug Administration inspection of its lab in Vadodara, a city in Gujarat state on India’s western coast.
Veterans Hospitals Ban Use of China-Made Syringes Due to Safety Issues
The Veterans Health Administration (VHA) banned the use of plastic syringes made in China on April 23 due to safety concerns, ahead of a warning letter dated April 24 to Ohio-based importer Cardinal Health by the Food and Drug Administration.
Yellen Faces Criticism from GOP on Taxes, China Renewables and the Inflation Reduction Act
Treasury Secretary Janet Yellen faced a round of questioning that saw the Democrats applaud her, and the Republicans admonish her for a little over two hours during Tuesday’s House Ways & Means Committee hearing.
Farm State Senators Wanted Open Markets. They Got Six Under Biden.
Contrary to what many on the Senate Finance Committee believe, American farmers did gain market access in the last three years under Biden.
Market Says Dollar Too Strong; Overvalued Currency a Problem For Washington’s Reshoring Plans
The market is in agreement: the dollar is overvalued and will likely remain that way all year.
Mexico and China Trade Problems Mounting, Senator Sherrod Brown, Others on Finance Committee Say
Despite USMCA being the “gold standard” trade agreement, Mexican trade problems are increasing with the U.S. The Senate Finance Committee on Wednesday brought up the
Katherine Tai Chastised By Farm State Senators Over Market Access, Free Trade Deals
USTR Katherine Tai was repeatedly taken to task by farm state senators in Wednesday’s Senate Finance Committee hearing for what they see as lackluster attempts at opening markets for U.S. agriculture exports.
Republicans Block Democrats’ Policy of Denying De Minimis Treatment for Chinese Merchandise
In 2022, during the last Congress, House Democrats passed the Import Security and Fairness Act, which would deny de minimis treatment for all Chinese merchandise.
GSP Trade Agreement Bill Passes House Ways & Means Along Party Lines
After three years of languishing in limbo, the Generalized System of Preferences (GSP), a quasi-free trade deal with more than 100 developing nations, will move out of the House Ways and Means Committee to the full House.
