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.
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.
Supply chains are still in the hands of Chinese companies but have been “rejiggered” to Vietnam and elsewhere.
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.”
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 83.71. The latest job figures showed strong growth in low-quality sectors, i.e. industry sectors paying below-average weekly pay, strongly outweighed growth in high-quality sectors. The decrease in the JQI for…
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 primary goal? Cementing the legal underpinnings of the de minimis loophole and getting ahead of the backlash. This is necessary for them, because the exponential growth of de minimis shipments…
A CPA rebuttal to a WSJ Editorial Team op-ed on Jan. 2 bemoaning China tariffs by both Biden and Trump.
Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (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. According to a report by…
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.
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.
The multinational business community claims that revoking China MFN would be bad for the
U.S. economy. They are wrong.