CPA supports country of origin labeling for beef. That wasn’t top of mind for the Congress this week. But both Houses recognized in hearings on Wednesday that corporate control and centralization is bad for small to midsized ranchers.
President Biden will need to press the Europeans a little more if he wants to use his “work with allies” approach on dealing with China’s genocide policies against Muslim minority groups in Xinjiang.
A House Small Business Committee hearing listened to witnesses discuss ways to help the labor markets in Biden’s push for a green economy for blue-collar workers.
The Senate Finance Committee held a hearing on the one-year anniversary of the USMCA. U.S Steelworkers Union, and others, say where the new NAFTA is working, and where it’s not.
Key Points CPA’s economic modeling of a U.S.-U.K. free trade agreement that cut tariffs to zero between the two countries shows that such an agreement would increase unemployment by more than 2,000 jobs and reduce U.S. GDP by $142 million. This economic model includes for the first time a methodology for estimating job loss due…
It started with Trump. Then Biden took the baton and ran with it to introduce the first ever capital markets sanction against a country and its companies. Where the two leaders see eye-to-eye on China today, and in the near-term.
The House Ways and Means Subcommittee on Trade heard from witnesses on forced labor practices worldwide, and whether or not current measures are putting a dent in it or not.
The House Foreign Affairs Committee on Tuesday heard from witnesses on what “working with allies” on China really entails. First, a focus on soft power in Indo-Pacific, which means funding development projects there. Second, a reminder that a weak, China-dependent Europe makes it harder for them to join forces with Washington.
Both houses of Congress have bills that have passed committees, easily, in regard to building domestic supply of personal protective equipment for medical staff. These bills need to hit the floor so President Biden can sign them. But, more importantly, Buy American provisions face serious WTO risk, making all of this action moot.
The Biden Administration warned American businesses of sanctions risk and other problems in doing business with Hong Kong, now officially part of China. Washington now needs to get Hong Kong out of the WTO’s Government Procurement Agreement, which essentially grants China backdoor entrance to Buy America provisions.
