By Kenneth Rapoza, CPA Industry Analyst Score one for the local pharmaceutical industry. FDA’s essential medicine and critical inputs list gives domestic producers a a sense of exactly what government procurement contracts will place under Buy America provisions. The Food & Drug Administration released a massive list of essential medicines and critical inputs on Friday…
By Kenneth Rapoza, CPA Industry Analyst Why are we dependent on China’s pig population for a critical animal source material used in making heparin? Bovine heparin is the way to ween ourselves from that part of the medical supply chain, currently over-reliant on China. It is found in hospital crash carts, is one of the…
By Kenneth Rapoza, CPA Industry Analyst Is the sugar substitute stevia being harvested and produced through forced labor in China? Homeland thinks so. And Customs & Border Protection agrees. The US Department of Homeland Security said on Tuesday that some of the sugar substitute stevia that comes from China is being harvested and packed by forced…
By Kenneth Rapoza, CPA Industry Analyst Peter Navarro spoke with the Hudson Institute’s Michael Pillsbury and said economic nationalism is the only way to protect American manufacturing from China. He’s also listed what he calls China’s “Seven Deadly Sins”. White House Trade and Manufacturing Policy director Peter Navarro had a lot of choice words on…
By Kenneth Rapoza, CPA Industry Analyst If you want to do business with the Department of Defense and NASA, for example, you will now have to make sure there’s not a hint of Chinese telecommunications equipment and video surveillance equipment anywhere in your building, or used by your vendors. Made in China components and key…
By Kenneth Rapoza, CPA Industry Analyst Latest move to protect US solar manufacturers irks the Made in China importers who have vowed to fight it. President Trump’s latest salvo to the US solar industry on Saturday is an example of domestic trade policy put into action. The President rightly acknowledged a loophole in the 2018…
By CPA Staff Despite rumors of getting tougher on China listings on the US stock exchanges, more are on the way. One of China’s largest financial service platforms, Lufax, is expected to list later this month. We keep reading that everybody is more aware of the China threat, including politicians, businesspeople, and the American public.…
By Kenneth Rapoza, CPA Industry Analyst The House Republicans released their China Task Force report. Here’s what we liked about it. A few days ago, the newly formed House Republican China Task Force, chaired by House Homeland Security Chairman Michael McCaul, produced its 141-page magnum opus on the China threat to the US. It is…
By Kenneth Rapoza, CPA Industry Analayst First reported by subscriber service World Trade Online, the US government wants to make labor rights an increasing part of good trade relations. But will the Davos crowd pay attention? Human rights will continue to be another way to hit back at multinationals using forced labor in Western China.…
By Kenneth Rapoza, CPA Industry Analyst The Bureau of Economic Analysis released its monthly trade figures on Tuesday, showing a declining trade deficit with China, and some other key trading partners over the course of the year. The goods trade deficit in August hit $83.9 billion, but on a year to date basis the goods…
