Biden “Anti-Tariff” Trade Nominee Irks Leading Democrats; Potentially Opposing Figure at USTR
Nelson Cunningham would be the second in command at the USTR after Katherine Tai in his role as Deputy United States Trade Representative.
House China Committee Leaders Urge DHS to Strengthen UFLPA Enforcement
The Biden administration must take swift action to close this loophole, it should issue nationwide withhold release order on all Chinese textiles, and Congress should pass legislation immediately.
WSJ Continues to Cry About Tariffs. Here’s Where They Are Wrong.
The Wall Street Journal has started 2024 bemoaning tariffs. They are for losers, the WSJ Inside View columnist Andy Kessler wrote in December, ending 2023 with a taste of what is expected to come this year, an election year.
House Foreign Affairs Committee Considers More China Restrictions, This Time on Entire Sectors
The House Foreign Affairs Committee said in its hearing on U.S. capital flows to China military companies on Wednesday that it would push the full House to take up legislation that would restrict outbound investment to entire sectors of the Chinese economy.
Washing Machine Tariffs Come Out Clean, Sparkling for US Manufacturing
Washing machine tariffs were a success, as measured by over 2,000 new jobs, more competition, no sustained effect on washing machine prices and economic stimulus with the construction of new factories.
Manchin Goes Scorched Earth On IRA EV Tax Credits
The Biden administration’s signature clean energy law, the Inflation Reduction Act (IRA), got its clock cleaned last week at a Senate Energy Committee hearing.
Fentanyl Hearing Starring Country Music Star Jelly Roll Talks Sanctions; Mainly Threatens China
This week’s Senate Banking Committee hearing on fentanyl was high on celebrity, short on solutions.
Uyghur Forced Labor Law Faces Formidable Opponent With De Minimis Rule In Place, Homeland, Customs Tells House Hearing
The roughly two-year-old Uyghur Forced Labor Law (UFLPA) may be pushing a boulder uphill thanks in large part to the de minimis provision that allows
Southeast Asia Under Scrutiny from American Kitchen Cabinet Makers
A Customs investigation prompted by the Kitchen Cabinet Manufacturers Association (KCMA) suggests Southeast Asian exporters of kitchen and bath cabinetry and vanities are picking up where the mainland Chinese left off.
Nippon Steel’s US Steel Corporation Offer Should Be Killed, CPA Board Member Bill Jones Believes. Here’s Why.
The world’s fourth largest steel producer – Nippon Steel of Japan – made an offer to buy the third largest steelmaker in the U.S., U.S. Steel Corporation, in an all cash purchase priced at $55 a share in December, nearly double the company’s share price from early August.
