China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
Dan Harris, international lawyer at Harris Bricken and founding author of the China Law Blog talks about companies leaving China. Are any coming here?
Key Points We find that further decoupling from China would grow the U.S. economy and result in higher incomes and more jobs for Americans and
Removing trade barriers and reducing U.S. tariffs allowed China’s state-owned enterprises to flood the U.S. with deliberately underpriced goods.
GOP leadership in the House Ways & Means Committee and its trade subcommittee agree the “free trade” Generalized System of Preferences cannot be reauthorized as-is.
Companies are leaving China for Southeast Asia, but in many cases, that doesn’t mean they have stopped doing business with the same Chinese company.
House Science, Space & Technology Committee hears from Commerce Secretary Gina Raimondo on the progress of CHIPS Act funding. We’re getting there, she said.
A comprehensive new CPA analysis of 927 U.S. cities and towns shows that job loss in manufacturing due to China imports since 2001 has affected almost every community in the U.S., including towns and cities in all fifty states.
Senators from farm states grill Gensler over Climate Disclosure Rule’s Scope 3 provision, which will impact American agricultural producers.
As Congress considers renewal of the program, the marketing has switched to “facilitating supply chain shifts out of China”. This is narrative creation completely untethered to reality.
