Senate Homeland Security Committee Takes On China With 3 New “Buy American” Bills
Congress is getting serious about making sure government purchases are Made in the USA. Meanwhile, Rep. Bill Pascrell wonders about corporate responsibility.
In Senate Hearing, Wyden Says U.S. “Laser-Focused” On Out-Competing China
Katherine Tai fields questions on tariff removals, exemptions, and the revival of TPP.
Uyghur Testimony To Congress “I Saw Girls Lose Their Sanity.”
Two Uyghurs from Xinjiang tell the House Foreign Affairs Committee what’s going on inside China. Republicans and Democrats debate Olympic ban, corporate responsibility.
American Job Quality Index Stalls, But Wages Manage To Rise Nearly 1%
The Job Quality Index shows that less lower-wage workers returned to work in April, due in part to generous unemployment benefits, now extended to September. Higher paying jobs, therefore, trumped lower-paying ones last month.
America’s EV Supply Chain In Doubt
China set up to be America’s Green OPEC. Experts warn The Hill that the supply chain to make EV batteries is out of our hands.
House Hearing On ‘Clean Future Act’: Outsourcing Pollution, And The Risk Of Losing The EV Market
The House Committee on Energy and Commerce wants more battery-powered cars on the road. But what does that mean for the traditional American auto worker? Both parties are worried.
‘Trade Wars Are Class Wars’ Authors: Germany’s Mercantilism As Problematic As China’s
Germany is as problematic as China. Authors Michael Pettis and Matthew Klein remind us why.
Record March Trade Deficit Thanks To Pandemic Demand, Some ‘Trade Blockage’ At Ports
Our March deficit hits a record for the month. Southeast Asia deficits now rising with the U.S. to record highs.
Biden’s Buy American Ambitions Make Good Economic Sense
When President Biden laid out his vision for the U.S. economy before Congress on April 28th, he emphasized that rebuilding the U.S. economy should focus on “jobs, jobs, jobs.” The federal government should give preference to U.S.-made products as much as possible. To hammer home the point, Biden added: “there is simply no reason why…
Sen. Bob Casey Thinks Tariffs Should Stay, TPP Is RIP, And Makes The Case For Reshoring
Sen. Bob Casey gave the equivalent of a TED Talk on the China challenge facing the American manufacturer, calling for keeping tariffs and working with allies. On Biden’s Buy Clean, he says nix China.