USTR says the U.S. goods deficit with China fell 46 percent. But the goods didn’t stop coming — importers just declared them worth less. Treating customs “value” as an appraisal hides the undervaluation now driving the numbers.
Subsidies across 15 key industrial sectors have reached their highest levels relative to revenue since the 2008-2009 global financial crisis, according to an OECD study published June 1.
China is quietly making a move on one of America’s most critical industrial materials — copper. Texas is helping them do it.
CPA welcomed the U.S. Department of War expanding its Section 1260H list of Chinese military companies and praised recent efforts by lawmakers, including Senator Rick Scott (R-FL), to draw greater attention to the threat posed by China’s military-civil fusion strategy.
The ongoing conflict in the Persian Gulf likely led to a slight 1.2% decline in the overall goods and services deficit in April, coming in at $55.9 billion, based on Bureau of Economic Analysis (BEA) data released on Tuesday.
The government increasingly sees critical minerals, battery materials and components, and refining as strategic industrial assets rather than low value goods often burdened by environmental regulations.
For too long, foreign actors with no real U.S. presence have been able to import into the American market while shielding themselves from the duties, penalties, and laws that domestic producers and legitimate U.S. importers must obey. The order takes aim squarely at that imbalance.
Lawmakers from member states of the European Union agreed to measures last week to stop drug shortages and fix chronic Asian dependencies for critical medicines, this time spurred by worries over the antibiotics supply chain.
The clock is ticking on the U.S.-Mexico-Canada Agreement. On July 1, 2026, the three parties are scheduled to sit down for the formal “joint review” required by the deal itself. Under the terms USMCA’s drafters wrote into the agreement, the entire arrangement automatically expires on July 1, 2036 unless every government affirmatively recommits to it.
The U.S. Chamber of Commerce usually takes a white-glove approach to criticising their members’ businesses in China. But in a recent study, conducted for the Chamber by the Rhodium Group, there is a marked change of tune.
