Wall Street will have to get used to a weaker dollar. If not, trillion-dollar trade deficits will be the norm. This comes at great expense to America’s industrial base, and the middle class.
The Last Word | A Return to American Made By Greg Owens Steel is in short supply in the U.S. and prices are surging, which drives up costs and squeezes profits. U.S. steel prices are 68% higher than the global market price and almost double China’s. The price gap is so wide that even with…
August was another big month for imports, with consumer goods leading the way. At this rate, the U.S. will post over a $1 trillion deficit in 2021, a record-breaker.
Katherine Tai spoke to CSIS this week about China. Some takeaways were better than others.
US Trade Representative Katherine Tai says Trump-era tariffs are effective against China. We expect fervent corporate pushback in the months ahead as Phase One trade deal expires, as well as other tariffs next spring.
The Mexican & Guatemalan governments are working against their own peoples’ interests. Rather than weakening our rules of origin, North American leaders should be united in recapturing market share lost to China.
Whether China’s energy crunch is Beijing climate policy shooting some provinces in the foot or not, blackouts and factory closures will pressure U.S. supply chains that remain overly reliant on China. It’s time to move out of there.
What appears to be a coordinated strategy between China and importers of their solar panels is taking place at the moment, trying to convince Washington to let tariffs expire next year and stop any potential dumping investigation into Southeast Asia’s newfound love for solar panel manufacturing.
What are VIE’s? Here’s a primer on the China Enron-like strategy to rope in American investors, both small and large, to help fund their companies and take on the big financial and regulatory risks of doing so.
Florida Rep. Michael Waltz went after China and its Olympic sponsors. He won some battles, lost others. But what came to light was the fact that some leaders believe decoupling from China is unwise.
