Global Supply Chains Now Hostage to China’s Energy Rationing
China’s energy rationing hurts American supply chains already in trouble. Diversification away from China should continue full speed ahead for anyone concerned with economic security.
WTO Déjà Vu as Katherine Tai Tries Rallying Peers on Reforms
The Trump administration refused to approve new trade dispute judges to the WTO. The Biden administration isn’t in any real hurry to fix it.
Restarting Tariff Exclusions Undermines Build Back Better, Rewards CCP Recalcitrance
By Charles Benoit, CPA Trade Counsel Regrettably, the Biden Administration announced last week that they’re open to tariff cuts to imports of Made-in-China merchandise. First
Why Washington Shouldn’t be Worried About ‘Inflaming’ China Relations
In speaking for the Biden administration this week at a conference at think tank CSIS in Washington, Katherine Tai said she didn’t want to “inflame relations” with China. Why this attitude gets us nowhere but towards the China-centric, pre-trade war status quo.
Lighthizer in The Economist: If Trade Deficit Persists Like This, U.S. Will ‘Bleed to Death’
Wall Street will have to get used to a weaker dollar. If not, trillion-dollar trade deficits will be the norm. This comes at great expense to America’s industrial base, and the middle class.
August Trade Deficit Rises as Nothing Stands in Way for $1 Trillion Goods Deficit in 2021
August was another big month for imports, with consumer goods leading the way. At this rate, the U.S. will post over a $1 trillion deficit in 2021, a record-breaker.
Katherine Tai Talks Reshoring, Decoupling, and China Tariffs
Katherine Tai spoke to CSIS this week about China. Some takeaways were better than others.
Katherine Tai Says China Tariffs “Effective”
US Trade Representative Katherine Tai says Trump-era tariffs are effective against China. We expect fervent corporate pushback in the months ahead as Phase One trade deal expires, as well as other tariffs next spring.
An ‘Inevitable Decline’ of U.S. Manufacturing? Here’s Another Way to Stop It.
CPA member Doug Berger started Industry Reimagined 2030 this year. Here is how he imagines it. Hint: he doesn’t think the government can fully protect us, or throw money our way forever. Something else has to be done.
Mexico and Guatemala Governments are Working Against Their Own Peoples’ Interests
The Mexican & Guatemalan governments are working against their own peoples’ interests. Rather than weakening our rules of origin, North American leaders should be united in recapturing market share lost to China.
