China Solar Product Bought On Amazon Burns House; Insurer Sues.
An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.
Tony Blinken Says National Security is Economic Security, But Biden Administration Faces Major Obstacles
Secretary of State Blinken says national security and economic security go hand in hand. But the U.S. Chamber of Commerce believes that outsourcing economic might to Asia is just as important.
FTC to Penalize Companies Who Falsely Label Their Products as Made in the USA
The Federal Trade Commission gave itself the power this month to start fining companies that claim their products are Made in the US, but are not. CPA welcomes the final rule. The Biden administration is also touting Buy America policies, but will he let the WTO get in his way?
House Committee Meeting on Climate: Lots of Incentives, But Less on Manufacturing
A House Select Committee on Climate hearing looked at climate change policies and economic growth. They focused mostly on tax incentives and federal loans. But big OEMs like Ford may still ‘go green’ elsewhere. Here’s why.
Congress Takes On Beef Monopoly In Dual Hearings
CPA supports country of origin labeling for beef. That wasn’t top of mind for the Congress this week. But both Houses recognized in hearings on Wednesday that corporate control and centralization is bad for small to midsized ranchers.
On Xinjiang, “Work With Allies” Not Really Working
President Biden will need to press the Europeans a little more if he wants to use his “work with allies” approach on dealing with China’s genocide policies against Muslim minority groups in Xinjiang.
House Hearing on Clean Energy: Solar, EV Batteries Need to be Made Here
A House Small Business Committee hearing listened to witnesses discuss ways to help the labor markets in Biden’s push for a green economy for blue-collar workers.
Senate Finance: USMCA Partners Imposing Non-Tariff Barriers on U.S.
The Senate Finance Committee held a hearing on the one-year anniversary of the USMCA. U.S Steelworkers Union, and others, say where the new NAFTA is working, and where it’s not.
Where Trump and Biden See Eye-to-Eye on China, Wall Street Worries
It started with Trump. Then Biden took the baton and ran with it to introduce the first ever capital markets sanction against a country and its companies. Where the two leaders see eye-to-eye on China today, and in the near-term.
House Trade Subcommittee: Forced Labor in Global Supply Chains “Increasing Disparity”
The House Ways and Means Subcommittee on Trade heard from witnesses on forced labor practices worldwide, and whether or not current measures are putting a dent in it or not.
