In 2022, during the last Congress, House Democrats passed the Import Security and Fairness Act, which would deny de minimis treatment for all Chinese merchandise.
After three years of languishing in limbo, the Generalized System of Preferences (GSP), a quasi-free trade deal with more than 100 developing nations, will move out of the House Ways and Means Committee to the full House.
At a time when China continues its attempts to decimate American manufacturers and workers through predatory trade activity, Chairman Jason Smith’s leadership on trade issues has been a welcome improvement over previous chairs that have rubber stamped failed free trade programs.
USTR Katherine Tai sat for a two hours-plus hearing with the House Ways and Means Committee on Tuesday to discuss trade matters and was met early on by some staunch criticism.
Biden called on USTR Tai to consider tripling the existing 301 tariff rate on Chinese steel and aluminum, and to investigate China’s unfair trade practices in shipbuilding, maritime and logistics sectors.
How bad does Beijing’s behavior have to become before the U.S. stops talking with China? It’s time to take pragmatic steps, including the removal of China’s MFN, to protect our national interest.
These 5 bills have the potential of dealing a debilitating blow to Wall Street’s underwriting of CCP-controlled companies.
US productivity growth has underperformed since the year 2000.
“Atlas Tool Works has helped to advance national security solutions and achieve mission success,” said Matt Bromberg, Corporate Vice President, Global Operations Northrop Grumman.
CPA Job Quality Index: Despite the federal government’s strong March 2024 Jobs Report released last Friday, the JQI shows the US labor market suffers from persistent structural issues.
