E-Commerce Propelling U.S. Trade Deficit to be Larger Than Norway and Sweden Economies
The post-pandemic recovery is becoming a China jobs program. Ports swamped with e-commerce shipments as China expands digital presence here.
Opinion\ Domestic manufacturers that hire and produce in the U.S. need a better global corporate tax deal
David Morse \ June 2021 \ MarketWatch Every year, dozens of large multinational corporations generate enormous profits in America’s lucrative consumer market. But thanks to clever profit shifting, they’re able to avoid paying much of their U.S. corporate-tax obligations. In fact, a study by the Coalition for a Prosperous America (CPA) found that America’s 500…
NEC Director Deese Outlines Biden’s 21st Century Industrial Strategy
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
For New USTR Deputy Nominees, Some in Senate Want Them to Jumpstart TPP
Some free trader Senators are still trying to revive the Trans-Pacific Partnership. New USTR nominees say to counter China, we need to “work with allies” in Asia. Fine. But TPP is not the answer.
Here’s Why Biden’s China Solar Ban is Bigger Than it Looks
China polysilicon makers get put on the Entity List as one producer is prohibited from selling to the U.S. That means companies that rely on them for their solar supply chain are subject to import bans.
CPA Submits Letter on African Growth and Opportunity Act (AGOA) Country Eligibility
Jeremy Streatfeild, Director, Office of African Affairs Office of the United States Trade Representative Edward Gresser, Chair of the Trade Policy Staff Committee, Office of the United States Trade Representative June 23, 2021 Re: Annual Review of Country Eligibility for Benefits under the African Growth and Opportunity Act, Docket USTR-2021-0009 Dear Messrs. Streatfeild and Gresser,…
At G7, Biden Stands Up to China. New ‘Restrictions’ Coming
CPA has some ideas on where to go after China if Washington is serious about ‘genocide in Xinjiang’. Start by banning Wall Street money flow into China’s wanton human rights violators.
Canada’s House of Commons Opposes Biden’s ‘Buy America’ Policies
Canada wants to be top of mind for Buy America contracts. Thanks to the WTO, they already are. The White House needs to make Buy America policy a way to build domestic supply chains. “Work with allies” doesn’t mean “work for allies.”
Katy Perry Shills for Shein as China’s Direct-to-US Consumer Model Takes Hold
China’s fast-fashion company Shein is the epitome of the new direct-to-China retail model. Unless de minimis trade rules are changed to match China’s the merger of the U.S. and China virtual economies will have a devastating impact on retail, manufacturing, and commercial real estate nationwide.
What Tariffs? Solar Power Installations Setting Records Nationwide
Looks like the solar importers were wrong about a demand drop due to tariffs. We didn’t think they would be. There is room for both, but domestic supply chains should be revved up to support public power stations.