Germany is as problematic as China. Authors Michael Pettis and Matthew Klein remind us why.
Our March deficit hits a record for the month. Southeast Asia deficits now rising with the U.S. to record highs.
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 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.
U.S. consumers might not always suffer. But any company in the U.S., including small and large retail stores, will increasingly be competing in a new B2C digital model that connects American consumers directly to China.
A new round of Congressional legislation targets China. Will they pass? And when they do, will the government take action, or issue endless reviews and investigations as China marches on, and America risks stalling out post-pandemic.
President Biden said that his climate change policies will create millions of jobs if he favors American manufacturing. If not, any sort of green new deal just ends up being a China job’s program. Here’s China’s position in global wind and solar manufacturing today.
Yellen takes a pass on calling Vietnam, others, currency manipulators. That puts the onus on Commerce and the USTR to do something about it. Will they?
Worried about climate change, Senator Wyden and the Democrats want to give cleantech and energy companies permanent tax breaks. He faces some serious opposition.
McKinsey has turned the corner on the Asia-centric model of globalization. It’s a “now-or-never” moment for US manufacturing. Here’s where CPA sees eye-to-eye.