April Trade Deficit Surprisingly Falls, But U.S. On Track For $1 Trillion Goods Deficit
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.
Here’s How Many Billions Vanguard, Others, Have Invested In China’s Delisted, Sanctioned Companies
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.
Guess What American Voters Care About Most, And Want DC To Act On?
The Center for American Progress just reminded Washington, and the Democrats, that protecting jobs is top of mind, not big trade deals.
China Dumping Pandemic Medical Supplies Into U.S.
American textile companies geared up to make masks and hospital gear at the height of the pandemic. Now China is bombarding the US with products.
Here’s A Way To Make The American Economy More Inclusive
If you want to build an inclusive economy, it starts with building things. CPA’s new Minorities Job Quality Index reveals how far behind Blacks and Latinos are versus the baseline. The reason: too many service jobs, not enough manufacturing jobs.
Beyond Beef Labels, Latest Amendment To Senate “China Bill” Mostly Bad
An amendment to the U.S. Innovation and Competition Act (formerly Endless Frontier) is good for beef country of origin labeling, bad for tariffs. Here’s why.
Why Don’t Big Retailers, E-Commerce Want Consumers To Know Where Their Products Are Made?
Senators Tammy Baldwin, Chuck Schumer, and others want consumers to know where goods sold online were manufactured. Big Retail wants the language removed from the Endless Frontier Act. What are they so worried about?
Why The Beef Monopoly Will Make Your Memorial Day Way More Expensive
Two Senators, one Democrat and one Republican, make a desperate plea to others in the Senate to get the Attorney General to investigate a meat packing monopoly they say is substituting American beef for cheaper imports. Yet, prices still rising.
Paul Revere’s Old Copper Company Warns: “The Chinese Are Coming!”
Rome, NY-based Revere Copper was started by Paul Revere. It’s still alive. Here’s what it’s up against.
Senate Hearing On Medical Supplies: “US Companies No Longer Getting PPE Orders. It’s Mostly Going To China”
Here we go again. Textile companies that spent money on retooling to make masks and hospital gowns now losing to China dumping PPE in the U.S.
