Canada wants to be top of mind for Buy America contracts. Thanks to the WTO, they already are. The White House needs to make Buy America policy a way to build domestic supply chains. “Work with allies” doesn’t mean “work for allies.”
China’s fast-fashion company Shein is the epitome of the new direct-to-China retail model. Unless de minimis trade rules are changed to match China’s the merger of the U.S. and China virtual economies will have a devastating impact on retail, manufacturing, and commercial real estate nationwide.
Looks like the solar importers were wrong about a demand drop due to tariffs. We didn’t think they would be. There is room for both, but domestic supply chains should be revved up to support public power stations.
Should members of China’s CCP be allowed to own large swaths of American land, and commercial real estate? Rep. Chip Roy of Texas is proposing outright bans.
Inside the U.S. Innovation and Competition Act sits the unsightly Trade Act of 2021. It is everything that is wrong with an otherwise good bill designed to tackle China.
One of the more problematic aspects of the new Senate bill called the U.S. Innovation and Competition Act is that it puts a massive dent in Section 301 tariffs, aka the China Trade War tariffs. Now industry groups want more tariffs cut.
The Senate bill designed to help America outwit, outlast and outplay China passed mostly along party lines. Here is what we liked about what’s inside. And where we hope the House will do some rewrites on trade matters.
The trade deficit fell in April as imports from China shrank by $6 billion. That likely won’t be enough to break the $1 trillion goods deficit barrier in 2021.
Big mutual funds run by Vanguard and ETFs run by State Street and BlackRock will have to divest from some China stocks within a year.
The Center for American Progress just reminded Washington, and the Democrats, that protecting jobs is top of mind, not big trade deals.