New monthly index tracks currency misalignment based on latest market rates Dollar is 11.5% overvalued Japanese yen 29.4% undervalued Chinese yuan 19.8% undervalued CMM is a partnership between the Coalition for a Prosperous America (CPA) and the Blue Collar Dollar Institute (BCDI). Uncertainty about the state of the world economy has dominated foreign exchange markets…
A review of last week’s House Select Committee on the CCP. In the latest, the Uyghur Forced Labor Law, and how banned products are still sold here.
Members of the Senate Finance Committee try convincing USTR Katherine Tai of the importance of free trade. She explains why, and where, that might not work.
A Senate hearing on pharmaceutical shortages discusses America’s dependence on India and China, and what can be done to reshore.
Two bills circulating in the Senate want to repeal China’s Most Favored Nation trading status. CPA trade lawyer Charles Benoit explains what it means.
This tribute was originally published in Tax Notes on March 20, 2023. Bill Parks of Moscow, Idaho, was an American patriot in the best way possible. William Parks (known as Bill to everyone) died the evening of March 5 near Boise. Bill will be remembered for his passion for the natural world, the many people he impacted, and his…
Imports take 97% of the US bicycle market. China dominates but Cambodia, Vietnam shares grow as tariffs bite.
House China Committee talks China. No war talk. But plenty of worry. What was said at the first ever hearing, one of Capitol Hill’s best hearings this year.
Key Points Global current account imbalances (consisting mostly of trade) increased in 2021, the most recent data available. As a percentage of world GDP, total imbalances reached 3.6%, equivalent to $3.3 trillion. Imbalances have worsened during the pandemic and the post-pandemic period, driven by rising goods trade flows, mainly from Asia to North America. Persistent…
A look inside the Feb 28 Senate hearing on China export controls, and the Banking Committee’s debate on how to best compete with the world’s No. 2 economy.
