The Job Quality Index shows that less lower-wage workers returned to work in April, due in part to generous unemployment benefits, now extended to September. Higher paying jobs, therefore, trumped lower-paying ones last month.
China set up to be America’s Green OPEC. Experts warn The Hill that the supply chain to make EV batteries is out of our hands.
The House Committee on Energy and Commerce wants more battery-powered cars on the road. But what does that mean for the traditional American auto worker? Both parties are worried.
Germany is as problematic as China. Authors Michael Pettis and Matthew Klein remind us why.
Our March deficit hits a record for the month. Southeast Asia deficits now rising with the U.S. to record highs.
Sen. Bob Casey gave the equivalent of a TED Talk on the China challenge facing the American manufacturer, calling for keeping tariffs and working with allies. On Biden’s Buy Clean, he says nix China.
U.S. consumers might not always suffer. But any company in the U.S., including small and large retail stores, will increasingly be competing in a new B2C digital model that connects American consumers directly to China.
A new round of Congressional legislation targets China. Will they pass? And when they do, will the government take action, or issue endless reviews and investigations as China marches on, and America risks stalling out post-pandemic.
President Biden said that his climate change policies will create millions of jobs if he favors American manufacturing. If not, any sort of green new deal just ends up being a China job’s program. Here’s China’s position in global wind and solar manufacturing today.
Yellen takes a pass on calling Vietnam, others, currency manipulators. That puts the onus on Commerce and the USTR to do something about it. Will they?
