The Senate bill designed to help America outwit, outlast and outplay China passed mostly along party lines. Here is what we liked about what’s inside. And where we hope the House will do some rewrites on trade matters.
The trade deficit fell in April as imports from China shrank by $6 billion. That likely won’t be enough to break the $1 trillion goods deficit barrier in 2021.
James Stuber \ June 6, 2021 \ The Gazette One significant result of the COVID-19 pandemic is that U.S. consumers have become more interested in buying American-made products. Recent polling shows that 40% of consumers will no longer buy anything made in China. This is good news for America’s manufacturers because the poll also found…
Greg Owens \ June 7, 2021 \ Industry Week The COOL bill would mandate prominent disclosure of where a product is produced, for all online retailers. Amazon has been in the news of late due to concerns over its workplace conditions. But Americans now have another reason to be apprehensive about Amazon and other e-commerce…
WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Finance Ministers and Central Bank Governors of the G7 economies announced that they support the Organization for Economic Cooperation and Development’s (OECD) efforts “to address the tax challenges arising from globalisation and the digitalisation of the economy and to adopt a…
Big mutual funds run by Vanguard and ETFs run by State Street and BlackRock will have to divest from some China stocks within a year.
American textile companies geared up to make masks and hospital gear at the height of the pandemic. Now China is bombarding the US with products.
An amendment to the U.S. Innovation and Competition Act (formerly Endless Frontier) is good for beef country of origin labeling, bad for tariffs. Here’s why.
The proposal has bipartisan support in China-related legislation moving through the Senate By Jeanne Whalen and Abha Bhattarai May 27, 2021 Amazon and other retailers are opposing a bipartisan measure that would require online sellers to clearly state where their products are made, a rule proponents say could help consumers seeking U.S.-made goods. The measure, backed…
Senators Tammy Baldwin, Chuck Schumer, and others want consumers to know where goods sold online were manufactured. Big Retail wants the language removed from the Endless Frontier Act. What are they so worried about?
