From the environment to labor, the International Trade Commission looks at a compendium of academic literature over a roughly 18-year period to gauge whether agreements like NAFTA and KORUS were good deals. And for whom.
Jake Sullivan was right. More restrictions against Chinese companies were coming. On July 9, Gina Raimondo’s Commerce Department barred American businesses from working with 22 Chinese tech and military-connected firms. Next up: banning Wall Street from investing in these companies in China.
Dozens of trade organizations like the American Petroleum Institute and the California Retail Association want the House of Representatives to follow the Senate and weaken China tariffs.
The Federal Trade Commission said on July 1 that was now going to fine foreign companies that list on Amazon, elsewhere, as domestic manufactured products.
Chinese dissident Cai Xia, now at Stanford University’s Hoover Institution, says the U.S. engagement policy on China fed the dragon. The CCP owes a lot of its might to U.S. multinationals, Washington and — increasingly — Wall Street.
Despite a decline in imports from China, the U.S. trade deficit in May is up again thanks in large part to commodities imports like oil and Canadian timber. At this pace, a $1 trillion goods deficit is guaranteed for 2021.
Entrepreneurs like Mark Cuban are putting real money on the line to build-up and promote domestic manufacturers instead of Asian ones. Will it be enough to slow a trillion-dollar goods deficit?
The post-pandemic recovery is becoming a China jobs program. Ports swamped with e-commerce shipments as China expands digital presence here.
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
Some free trader Senators are still trying to revive the Trans-Pacific Partnership. New USTR nominees say to counter China, we need to “work with allies” in Asia. Fine. But TPP is not the answer.
