The American Drug Supply’s Biggest Problems, And How To Fix Them.
Coalition vice presidents explain the FDAs shortcomings and why U.S. medicines are often in short supply in a new American Affairs Journal article.
Mexico Replaces China for Imports. What’s Happening?
Last year, the U.S. imported more goods from Mexico than it did from China. It was a first. Although the trade deficit with China is still the biggest out of every country, and more than the trade deficit with Mexico and Canada combined, Mexican imports totaled $475.6 billion in 2023 versus China’s $427.2 billion.
New Manufacturing Increasingly Going to Lower Income Towns. This is a Good Thing.
The U.S. manufacturing boom, which started slowly since the implementation of tariffs on steel, aluminum, some China imports, and sped along by new laws favoring domestic supply chains, has had a positive impact on lower income counties nationwide.
CPA Statement on Closure of Cleveland-Cliffs Tin Mill Facility
The decision, which will result in nearly 1,000 employee layoffs in April, is a direct result of the U.S. International Trade Commission’s (ITC) determination that illegally dumped and subsidized imports of tin mill products from China, Canada and Germany do not sufficiently harm the U.S. domestic steel industry.
New Horizon Advisory Report Details Alarming Threat of China’s Stranglehold on Global Solar Market
An alarming new report from Horizon Advisory details China’s distortion of the global solar industry and how that threatens the national and economic security of the United States as it “risks making the United States dependent, and dependent on an adversary, for a strategic, future energy source.”
How China Beat the U.S. at Its Own EV Game
As imports from China rise, the native auto industry will whither at a time when a new auto industry is being born. Call it an opportunity lost.
Solar Tariffs Were Supposed to Ruin the Solar Business. They Didn’t, ITC Concludes.
Section 201 solar safeguard tariffs were supposed to ruin the solar business and completely stall deployment of solar on rooftops and vacant fields controlled by electric utility companies. But according to a U.S. government report, they did nothing of the sort.
House Ways & Means Discusses Solutions To Drug Shortages, Foreign Lab Dependence
According to expert testimony given by the witnesses, the crisis is being fueled by poor manufacturing practices that have led to recalls by foreign drug manufacturers, and the race to the bottom on generic drug prices that make it impossible for American generic drug makers to compete with subsidized competitors in India and China.
Annual Goods Trade Deficit Has Fallen, But Still Beats $1 Trillion. China Deficit Shrinks By Billions.
The annual trade deficit has fallen. Yet for 2023, our trade deficit of $773 billion was once again the world’s largest. Our goods deficit, at $1.06 trillion, exceeded a trillion dollars for the third year in a row.
Washington Must Act Now to Save America’s High-Tech Future
Microchips, microchips, microchips… These days, almost everything we use in our daily lives is controlled by tiny integrated circuits. They’re the miniature brains in our
