How can U.S. industry, small and large, compete against countries with much weaker currencies, lower labor and environmental regulatory costs, and the overproduction and dumping that come from Asia?
CPA welcomed a petition filed by five national labor unions with the U.S. Trade Representative requesting an investigation into China’s predatory trade actions in the shipbuilding sector.
“Our tax code is supposed to support American manufacturers in building out genuine domestic supply chains. It shouldn’t be exploited by the Chinese Communist Party,” said Brown.
Despite the best efforts of Ambassador Tai and others, it’s time for our lawmakers and the administration to take punitive action and address Mexico’s blatant disregard of the trade agreement.
Owl Labs of Massachusetts may look like an American company, but other than the U.S.-based venture capital that funds it, and the intellectual property behind it, their 360-degree video cameras are made in China.
The Nippon Steel proposed acquisition of U.S. Steel has the United Steelworkers Union (USW) worried that, eventually, integrated steel mills will be closed in favor of imports from Japan.
Go to U.S. Steel’s website and it looks like a done deal: Nippon Steel, the fourth largest steel producer in the world, is already the assumed new owner of America’s oldest, most storied steel company, formed in 1901 when J.P. Morgan financed the merger of three steel companies.
The 118th Congress (2023-2024) is easily the best Congress we’ve had in the 21st century when it comes to tariff policy. U.S. Senators in particular are introducing new tariff bills for different products and industries.