India Lab Recalls 27 Eye Drops From U.S. Pharmacies
Another Indian lab recalling eye drops following recalls in October and instances of blindness caused by other imports from India in March.
US China Commission Report Says ‘Engagement’ Not Working Too Well
China engagement not going too well. Supply chain risks spread to Vietnam, elsewhere, U.S. China Economic and Security Review Commission says in its annual report to Congress.
Homeland Security Inspector General Says CBP Still Not Effectively Screening International Mail
Customs and Border Protection are struggling to inspect nearly a billion small parcels bombarding the U.S. by international mail. Are they really up to this impossible task?
Trade Deficit Rises 4.9% In September As This Year’s Goods Gap Set To Topple $1 Trillion Again
The September trade deficit rose over August with no end in sight to a record breaking goods gap led by imports from China, the EU and Mexico.
Senators Demand Clarity On Imports In New Bill, Seeking Consumer Protection & Better Trade Rules Enforcement
Manifest Modernization Act would require companies like FedEx and DHL, which import goods into the U.S., to follow same rules as ocean shipping companies. The bill was written by Sens. Cassidy and Whitehouse.
Vanguard Surprisingly Leaves China Partnership, But Will Keep Billions Invested There
Vanguard opts out of serving mainland China invests and will close Shanghai office. Joint venture with Ant Financial comes to an end.
Why China’s Apparel Makers Are Staging A Big Comeback
China is getting its clothing market back. Weaker economies are leading to less demand and that, plus skill sets and manufacturing capacity, is what’s bringing apparel makers back to the mainland.
Ron DeSantis Supports Removing China Most Favored Nation, Changing De Minimis Rules
In a speech to the Heritage Foundation, Presidential Candidate Ron DeSantis talks China policy for first time.
USTR Katherine Tai Says U.S. Will No Longer Support WTO Data Storage Proposal
Tai is taking heat for a Biden administration decide to step aside on digital trade talks in the WTO. What was behind the decision and what’s being said about it.
Defense Department Report Bemoans China’s Military Rise
The Defense Department sent its annual report on China’s military to Congress. It missed one key element: how China got there so fast in the first place. US capital and corporate offshoring helped fund it.
