U.S. Trade Deficit Surprisingly Falls In November But 2023 Goods Deficit Still Over $1 Trillion
The U.S. trade deficit fell by 2% in November over the previous month, with both exports and imports relatively flat ahead of the holiday season.
China Derisking? Not Really. Some Goods Now Sourced from Chinese Companies in Vietnam
Supply chains are still in the hands of Chinese companies but have been “rejiggered” to Vietnam and elsewhere.
Granting Market Status to Vietnam Would Repeat the ‘China Mistake’
In the same way that Congress erred 20 years ago in granting “normalized” trade status to China, insiders are now pressing the Commerce Department to reclassify Vietnam as a “market economy.”
Job Quality Index Declines as Low-Quality Jobs Dominate Growth
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for November declined by 0.69% in November to
Customs Modernization Act of 2023, the Metastasized Cancer of Regulatory Capture
For the last five years, a cabal of attorneys and trade compliance professionals have been plotting to destroy what’s left of U.S. customs law. Their
Trump Tariffs are ‘Bad’; Lighthizer is ‘Wrong’, WSJ Editorial Board Tells Us
A CPA rebuttal to a WSJ Editorial Team op-ed on Jan. 2 bemoaning China tariffs by both Biden and Trump.
CPA to Biden Administration: Do Not Grant Socialist Republic of Vietnam “Market Economy Status”
Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (CPA) called on the Biden administration to reject misguided
U.S. Trade Deal with the U.K. Dies Quietly. Rest in Peace.
After roughly two years of back and forth on opening more markets to free trade between the U.S. and U.K., both sides have given up. Why that’s a good thing.
Corporate America a Huge Stumbling Block for China Policy, Hudson Institute Panel Agrees
China can count on Corporate America for huge support on Capitol Hill. And that’s becoming a big problem for policy makers, Hudson Institute says.
Economic View: Revoke China MFN Status Now
The multinational business community claims that revoking China MFN would be bad for the
U.S. economy. They are wrong.
