China remains largest source of U.S. trade deficit as gap with China equal to U.S. deficit with Mexico, Canada and Germany combined.
Tariffs Need To Be Complimentary With Other Policy Tools, Manufacturers Tell House Committee on China
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.
This summer saw a host of amendments in defense bills to restrict investment in China. Will the rhetoric be met with action?
China companies are put on Entity Lists for being in breach of certain laws. In this case, allegations of forced labor. That doesn’t stop U.S. investors from buying their stocks.
Companies continue to invest in domestic solar thanks to all the new renewable energy tax credits. Without them, and tariffs, US solar would be China owned.