If anyone needed yet another example of the importance of China miners and processing companies, Beijing said it would put restrictions on exports of antimony and processing equipment used in batteries and as an alloy to increase a metal’s strength.
Hofusan is one of the most well known investments of Chinese capital looking not only to sell to Mexican consumers, but – more obviously – to export everything from furniture to washing machines duty free to the United States.
As the demand for solar energy deployment in the United States continues to grow, foreign firms are reaping nearly all the benefits. Solar imports in 2024 are outpacing total demand and crowding out domestic solar manufacturers.
China has wiped out American solar before. Can they do it again? This is the concern among many on Capitol Hill, including in the White House.
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
Aluminum imports into the U.S. have surged in recent years, with some product categories seeing a 380% increase since 2015. Many countries have already been found guilty of dumping aluminum into the U.S. at artificially low prices.
Excessive imports siphon demand for goods and services away from American producers and drive the government to run a budget deficit to cover that gap.
In January, CPA called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government.
the U.S. Private Sector Job Quality Index (JQI) was 82.99, up by +0.41% from the preceding month. Despite this slight increase in the JQI, the overall July 2024 Jobs Report from the government’s Bureau of Labor Statistics showed weak job growth.
Transportation Secretary Pete Buttigieg has joined a chorus of Biden administration officials who all agree tariffs are needed to counter China’s mercantilism and export strategy.
