Nine different companies joined members of the House Select Committee on China at a press conference on Wednesday to talk about their battles with “China trade cheats” that have cost them a fortune. Most of them closed factories, or rolled back investment. Despite tariffs and anti-dumping (AD/CVD) trade case victories, the battle continues.
CPA’s report demonstrates that previous tariff exemptions and exclusions significantly weakened the effectiveness of the original tariffs imposed in 2018.
In a House Oversight subcommittee hearing on Feb. 26, the Inflation Reduction Act (IRA) was hit with the usual swipes from detractors, with some calling it the “green scam”, but China’s solar company benefits were never mentioned.
In 2024, China and India accounted for 57.6% of total U.S. pharmaceutical imports by weight, highlighting the potential risks associated with such reliance. Growing U.S. dependence on China and India for widely-used generic pharmaceutical products creates serious risks to national security and patient safety when drugs are in short supply, or ineffective.
Lutnick has faced adversity before. He lost his parents when he was just 18 and later rebuilt Cantor Fitzgerald after the September 11, 2001 terrorist attacks claimed the lives of over 600 staff and key executives, including his own brother. Now, as Commerce Secretary, he must tell trade ministers that the United States is seeking a different kind of relationship.
President Trump’s executive order sends a clear message: The days of allowing China to weaponize US investment and financial markets against us are over.
Howard Lutnick understands that America’s trade policies must put U.S. producers, workers, and national security first. His leadership at the Commerce Department will be crucial in ensuring President Trump’s America First Trade Policy is fully implemented.
Agriculture has long been a key part of Iowa’s economy. But the state is now facing escalating trouble, including the loss of more than 26,000 family farms since 1982.
Industrial Policy for the United States seeks to list all of the tools a country can use to improve its industrial base and entice businesses to invest in manufacturing. If these tools are deployed, the authors argue, the results will be good for local economies and labor.
The duties impact several major Chinese solar brands, including Jinko Solar and Trina Solar, as well as Vietnamese manufacturers that Commerce believes have been circumventing tariffs by importing components from mainland China for final assembly.
