These are China’s Two Lifelines to Russia So Far
Here’s all we know about how China is really helping Russia. And what will have to happen for Washington to impose sanctions.
House FDA Hearing: No Plan for Domestic Drug Manufacturing
A House committee hearing on the FDA focused on diversity in clinical trials, fast approval for cancer drugs, and no word on foreign vs domestic generic pharmaceutical labs.
Why We Don’t Need a UK Free Trade Deal
The U.S. already has near-zero tariffs with the U.K. What do we need a free trade deal for? A CPA study shows its impact on the U.S. economy.
Made in USA Pharma Supply Chain Amendment Passes Unanimously
Sen. Tina Smith’s bill to provide $500 million in grants for domestic pharmaceutical manufacturers passes with flying colors and will be part of PREVENT Pandemics Act.
CPA Fact Sheet: Forced Labor in China
CPA FACT SHEET: Forced Labor in China An analysis of the Uyghur Forced Labor Prevention Act The problem. Since 2017, more than a million Uyghurs and other ethnic minorities in China have been forced into a vast network of “re-education camps” in the far west region of Xinjiang. The U.S. State Department has assessed this as “genocide.”…
Sanctions Impact Due More to U.S. Economic Strength Than Dollar’s Reserve Currency Role
Summary Sanctions on Russia are devastating to the Russian economy Power of the sanctions is due to concerted international action, not to the US role as world’s “reserve currency” U.S. economic power owes more to the size of U.S. economy than to dollar’s reserve status Dollar overvaluation continues to be a huge problem for U.S.…
Post-WWII Interdependence Has Led to Too Much Dependence
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.
House EV Hearing: As Gasoline Hits $5, Politicians Spar Over EV’s Future
The House Committee on Energy and Commerce discussed the future of electric vehicles, the infrastructure required to get them on the road, and deep concerns regarding energy security.
January Trade Deficit Hits $89 Billion; Goods Trade Deficit Balloons to Record $108.9 Billion
January trade figures show 2022 is starting off with the largest-ever trade gap between the U.S. and other countries.
White House Highlights “Made in America” Successes in Biden’s First Year
The White House lays out a list of Buy American success stories in Biden’s first year.