So Much For China ‘Thaw’. Treasury Secretary Yellen Says China Tariffs Will Remain
Tariffs — and China risks — have helped U.S. reshore and led to more investments in production, shifting the decades old focus away from offshoring.
Government Pension Fund Managers Invested In China Fail To Preserve Retirement Savings
Some in the Senate want to ban China from government retirement funds. Wall Street thinks it’s their fiduciary duty to be in China, despite losing money.
John Kerry Grilled by House Foreign Affairs GOP on China Solar; Democrat Ranking Member Calls for Reshoring
In hearing on climate policies, leader John Kerry was taken to task over China solar and says climate does not trump human rights violations.
Are American Companies ‘Getting The Message’ About China Forced Labor?
The Congressional-Executive Committee on China says Temu, and even Nike, likely benefit from forced labor. Why the Uyghur Forced Labor law is vulnerable.
How Big Is Washington’s Appetite For Expanding Market Access For Farmers?
The House Ways & Means Committee hears from farmers who still say that, despite free trade deals with Mexico and Canada, some products still blocked.
House Ways & Means Tackles Critical Minerals for Biden’s Post-Fossil Fuels Economy
The U.S. has passed laws promoting the use of electric vehicles and battery manufacturing. But where will all the raw materials come from?
Government Incentives for Niche Sectors of Economy Leads to “Manufacturing Boom”
The recent spending on manufacturing facilities is almost entirely due to two pieces of legislation. That won’t be enough for a real, manufacturing boom.
May Trade Deficit Falls 7.3% to $68.9 Billion; China Deficit Drops 20%
The U.S. trade deficit remains on par to crack $1 trillion again. Meanwhile, a soft decoupling from China can be seen in the latest trade data.
Section 301 Tariffs Reduced U.S. Dependence on China, Decoupling Has Begun
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017
Lighthizer: Raise Tariffs on Everything Made in China
The China tariffs, enacted by Lighthizer under Trump, are under review later this year. Will they stay or will they go? Lighthizer thinks they should stay…with more tariffs added.
