Has Janet Yellen Seen the Light on China?
Treasury Secretary Janet Yellen just spent the weekend in China, her second trip there in less than a year.
Goods Deficit Flat at $91.4 Billion in February, As Mexico Takes Over China’s Position as Top Source of Imports
While the month-over-month goods deficit with China fell by around $3.7 billion, the deficit with Mexico rose by $2 billion over the same period.
Gas, Eggs, and Airline Tickets Rose Over 30% During Inflation Spike. Tariffs Had Nothing To Do With It.
Energy prices, food prices, and price spikes due to shortages were the dominant drivers of inflation.
CPA Applauds Call from Senators Brown, Vance, Casey that Biden Block Nippon Steel Acquisition
Senators Brown, Vance, and Casey are right to sound the alarm on why Nippon’s acquisition of U.S. Steel poses a serious threat to American national and economic security.
America’s Life-Threatening Drug Shortages Reach Record Highs
Despite spending over $600 billion on prescription drugs, the number of drugs in shortage rose to a near-record total of 301 active medication shortages at the end of 2023.
China’s Solar Firms Are Surviving on CCP Subsidies
China dominates all phases of global solar energy equipment manufacturing.
Currency Misalignment Monitor, April 2024
The April Currency Misalignment Monitor shows that the dollar continues to be heavily overvalued and major Asian currencies remain undervalued.
Sorry, Democrats (and Free Trade Republicans): Trump’s Tariffs Worked
Tariffs that began in 2018 have not destroyed the U.S. economy. The stock market did not crash. Tariffs weren’t the cause of inflation either. And many manufacturing industries from kitchen cabinets in Alabama to solar in Ohio are thriving because of them.
Surge in Pharmaceutical Imports Threatens U.S. National Security as India/China Dominance Grows
KEY POINTS U.S. pharmaceutical imports have risen sharply in the last decade, with imports from China and India skyrocketing. India and China are increasingly the
CPA Applauds Spartz, Sherman Legislative Package to Address China’s Exploitation of U.S. Capital Markets
The legislative package will end tax breaks for Chinese stocks, restrict sanctioned Chinese companies’ access to U.S. capital markets, increase transparency on risks to American corporations, and reduce exposure to these risks for retail investors and other Americans saving for retirement.
