April Trade Deficit Surprisingly Falls, But U.S. On Track For $1 Trillion Goods Deficit
The trade deficit fell in April as imports from China shrank by $6 billion. That likely won’t be enough to break the $1 trillion goods deficit barrier in 2021.
Here’s How Many Billions Vanguard, Others, Have Invested In China’s Delisted, Sanctioned Companies
Big mutual funds run by Vanguard and ETFs run by State Street and BlackRock will have to divest from some China stocks within a year.
Beyond Beef Labels, Latest Amendment To Senate “China Bill” Mostly Bad
An amendment to the U.S. Innovation and Competition Act (formerly Endless Frontier) is good for beef country of origin labeling, bad for tariffs. Here’s why.
Why Don’t Big Retailers, E-Commerce Want Consumers To Know Where Their Products Are Made?
Senators Tammy Baldwin, Chuck Schumer, and others want consumers to know where goods sold online were manufactured. Big Retail wants the language removed from the Endless Frontier Act. What are they so worried about?
Senate Hearing On Medical Supplies: “US Companies No Longer Getting PPE Orders. It’s Mostly Going To China”
Here we go again. Textile companies that spent money on retooling to make masks and hospital gowns now losing to China dumping PPE in the U.S.
In Senate Hearing, Wyden Says U.S. “Laser-Focused” On Out-Competing China
Katherine Tai fields questions on tariff removals, exemptions, and the revival of TPP.
Uyghur Testimony To Congress “I Saw Girls Lose Their Sanity.”
Two Uyghurs from Xinjiang tell the House Foreign Affairs Committee what’s going on inside China. Republicans and Democrats debate Olympic ban, corporate responsibility.
America’s EV Supply Chain In Doubt
China set up to be America’s Green OPEC. Experts warn The Hill that the supply chain to make EV batteries is out of our hands.
Sen. Bob Casey Thinks Tariffs Should Stay, TPP Is RIP, And Makes The Case For Reshoring
Sen. Bob Casey gave the equivalent of a TED Talk on the China challenge facing the American manufacturer, calling for keeping tariffs and working with allies. On Biden’s Buy Clean, he says nix China.
USTR Counterfeit Imports Review Shows It’s Almost All China; Here’s One Way To Stop It
U.S. consumers might not always suffer. But any company in the U.S., including small and large retail stores, will increasingly be competing in a new B2C digital model that connects American consumers directly to China.
