China’s duty-free import scheme may look like a desperation move, but it will facilitate massive purchasing and inventory build-out for China semiconductor companies looking to ramp up fast.
If the White House believes we are facing a climate emergency, then the Biden administration will have to work overtime explaining why outsourcing pollution to China is a good idea. We can produce those goods here, with a smaller carbon footprint.
Customs says there is no ‘silver bullet’ to stopping the flood of fraudulent goods, or goods made from forced labor in Xinjiang, China. Meanwhile, Germany-owned Hugo Boss says they’ll still be Xinjiang cotton buyers.
Former Reagan staffer and globalization watchdog, Clyde Prestowitz talks about his new book: “The World Turned Upside: America, China and the Struggle for Global Leadership.”
Walmart follows in Amazon’s footsteps and opens doors to direct China business to American consumer retail on its platform. At this point, retail giants Amazon