In Latest House Ways & Means Trade Hearing, the Hardships of China ‘Decoupling’
The trade deficit is financing China’s rise, some members of the House Ways & Means Subcommittee on Trade say. What’s at stake? Is it fixable?
House Ways & Means Committee Argue Over China, Inflation Reduction Act
Will the Inflation Reduction Act further solidify Chinese multinationals as the indisputable champions of global ‘green tech’ manufacturing?
‘De Minimis’ Customs Rule an End Around Uyghur Forced Labor Law, Witnesses Tell China Commission
De minimis becomes topic of discussion at this week’s Congressional-Executive China Commission. CPA submits a letter on the issue calling for changes to the duty-free rule.
U.S. International Debt Has Doubled in Five Years to Over $50,000 For Each American
America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net
China Commission Warns of China’s Near Parity with US In Advanced Tech; Doubts Export Restrictions Are Working
The U.S. China Economic and Security Review Commission heard from 10 witnesses in a hearing on China’s defense tech. In some areas, from hypersonic missiles to drones, China is way ahead of us.
U.S. Monthly Trade Deficit Up 2.7% as Goods Gap Hits $183.2 Billion in Two Months
What the U.S. trade deficit for February is telling us about American supply chains, and dollar strength due to rising interest rates.
U.S. Treasury Continues Undoing of Inflation Reduction Act
On Friday, March 31, the U.S. Treasury launched their latest torpedo targeting the Inflation Reduction Act’s domestic manufacturing policies. This time, it’s over what countries
Currency Misalignment Monitor, April 2023
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
House CCP Committee Hearings are ‘Must See’ TV for China Hawks. The Latest Episode.
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.
Katherine Tai Holds Ground on Free Trade, Market Access, in Senate Finance Hearing
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.
