China Business Council Advises Treasury, USTR Against Section 301 Tariffs
The U.S. China Business Council sent a letter to Treasury and the US Trade Representative to reduce tariffs ahead of Biden-Xi chat.
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Global Pharma Supply Chain Survey Shows Free Trade Not The Solution
Free trade loses out to a bigger government role in securing domestic supply chains of critical medication.
Sequoia Capital, Others, Investing in China Semiconductors. Who’s Investing in Ours?
An eye-opening exclusive by the WSJ shows just how much time and energy is being spent by American companies and Silicon Valley venture capitalists investing in semiconductor production…in China. The U.S. needs the CHIPS Act passed this year.
House Committee Discusses Illicit Supply Chains, Resource Power Grabs
In a House Financial Services Committee hearing on Thursday, Congress appears frustrated in stopping illicit supply chains, and worries about China’s growing resource dominance in high tech and clean tech supply chains.
Trade Deficit Breaks All-Time Monthly Record. First-Ever $1 Trillion Goods Deficit Guaranteed
The trade deficit grew so much in September thanks to Asia imports that the U.S. will import the equivalent of the entire Mexican economy in 2021. A strong dollar is adding to the trade imbalances with Europe, Mexico, China and southeast Asia.
Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy
Not All Tariffs Are the Same: A Case to Consider Optimal Tariff Policy By Amanda Mayoral, CPA Economist Summary Points: Despite popular misconception, economic theory has long suggested that tariffs can benefit a country, particularly one like the US. The most advantageous tariffs are optimal tariffs. This is because optimal tariffs balance the…
Here’s What the Senate’s E-Commerce Hearing Missed in its Fight Against Imported Counterfeits
The Senate Judiciary Committee hears from witnesses on how to combat online-sold counterfeit goods from flooding the U.S. They missed one key remedy — de minimis rulemaking needs a closer look.
Work With Allies: How Europe Helps China Circumvent Steel Tariffs
A report by business intel firm Horizon Advisory shows China’s encroachment on the European steel industry. What might it mean for Section 232 tariffs against European steel?
NYC Ad Campaign Targets BlackRock’s China Love Affair
BlackRock is the subject of an ad campaign that will highlight the country’s largest financial institution’s kowtowing to China. Only recently was the company banned from investing in Chinese military contractors. For years, BlackRock has been a funder of China’s military and its surveillance state.
House Capital Markets Committee Tackles Wall Street’s China Ties
A recent House Committee hearing on capital markets and China took on the question of sanctions and delisting. Is there more to come?
