By Kenneth Rapoza, CPA Industry Analyst If you want to do business with the Department of Defense and NASA, for example, you will now have to make sure there’s not a hint of Chinese telecommunications equipment and video surveillance equipment anywhere in your building, or used by your vendors. Made in China components and key…
By Kenneth Rapoza, CPA Industry Analyst Latest move to protect US solar manufacturers irks the Made in China importers who have vowed to fight it. President Trump’s latest salvo to the US solar industry on Saturday is an example of domestic trade policy put into action. The President rightly acknowledged a loophole in the 2018…
By CPA Staff Despite rumors of getting tougher on China listings on the US stock exchanges, more are on the way. One of China’s largest financial service platforms, Lufax, is expected to list later this month. We keep reading that everybody is more aware of the China threat, including politicians, businesspeople, and the American public.…
By Kenneth Rapoza, CPA Industry Analyst The House Republicans released their China Task Force report. Here’s what we liked about it. A few days ago, the newly formed House Republican China Task Force, chaired by House Homeland Security Chairman Michael McCaul, produced its 141-page magnum opus on the China threat to the US. It is…
By Kenneth Rapoza, CPA Industry Analayst First reported by subscriber service World Trade Online, the US government wants to make labor rights an increasing part of good trade relations. But will the Davos crowd pay attention? Human rights will continue to be another way to hit back at multinationals using forced labor in Western China.…
By Kenneth Rapoza, CPA Industry Analyst The Bureau of Economic Analysis released its monthly trade figures on Tuesday, showing a declining trade deficit with China, and some other key trading partners over the course of the year. The goods trade deficit in August hit $83.9 billion, but on a year to date basis the goods…
By Kenneth Rapoza, CPA Industry Analyst The Office of Trade and Manufacturing Policy recently published a quick look at some of the ways the government has tried protecting US manufacturing jobs. The White House released its report on its Buy America track record on Friday, and as we approach an election, we are hopeful that…
By Kenneth Rapoza, CPA Industry Analyst A Senate Armed Services Committee hearing on Thursday highlighted the ways the Department of Defense is taking on China. In Thursday’s Senate Armed Services Committee hearing, chairman Dan Sullivan (R-AK) said what we all believe here at the Coalition for a Prosperous America, loud and clear, and he said…
By Kenneth Rapoza, CPA Industry Analyst A handful of law firms are suing Robert Lighthizer and the US government for China tariffs. One advises Customs & Border Protection. The other is DC’s biggest lobbying firm, and working on ZTE lawsuits. The US put tariffs on China. Some companies were mad. Over 3,500 of them, according…
Report on the House Ways & Means Committee’s Trade Subcommittee Hearing on September 17, 2020. by Kenneth Rapoza, CPA Industry Analyst Thursday’s Trade Subcommittee hearing at the House and Ways Means Committee had just one industry leader providing testimony on the Xinjiang, China ban and the biggest takeaway is that tracing sources of supply is…