Is There Any Stopping China from Being the Solar OPEC?
China has wiped out American solar before. Can they do it again? This is the concern among many on Capitol Hill, including in the White House.
Michael Stumo: Biden Administration Drops the Ball on Mexico’s Steel Surge
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
De Minimis Update: Major New Senate Finance Bill; Regulatory Capture DHS/CBP Strikes Again
The de minimis catastrophe is getting attention on Capitol Hill, thanks to legislative champions on both sides of the aisle in Congress, and the advocacy of the The Coalition to Close the De Minimis Loophole (of which CPA is a member).
U.S. Aluminum Industry Undermined by Dumping, Import Flood, and Trade Agreement Violations
Aluminum imports into the U.S. have surged in recent years, with some product categories seeing a 380% increase since 2015. Many countries have already been found guilty of dumping aluminum into the U.S. at artificially low prices.
How Budget Deficits Grow Due to Trade Deficits
Excessive imports siphon demand for goods and services away from American producers and drive the government to run a budget deficit to cover that gap.
CPA Welcomes Biden Administration Decision to Deny Vietnam “Market Economy” Status
In January, CPA called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government.
Vietnam is Not a Market Economy. Commerce Gets it Right, and Here’s Why.
The last thing the United States needs is for Vietnam, now our third largest trade deficit nation, to be granted market economy status.
Trade Deficit Falls 2.5% In June, But Summer Started With Third Highest Monthly Deficit This Year
The U.S. goods and services deficit fell 2.5% in June to $73.1 billion, but that was still the third highest monthly deficit number this year, according to the Bureau of Economic Analysis on Tuesday.
De Minimis Catastrophe Escalates: DOJ Indictments Laughed-Off, Amazon Moving to China, CBP Sued
The de minimis problem is getting worse. Consider this article a “Summer 2024” update of how the de minimis catastrophe continues to escalate.
Job Quality Index and Manufacturing Employment Increase Slightly, but July Job Report Shows a Darkening Employment Landscape
the U.S. Private Sector Job Quality Index (JQI) was 82.99, up by +0.41% from the preceding month. Despite this slight increase in the JQI, the overall July 2024 Jobs Report from the government’s Bureau of Labor Statistics showed weak job growth.
