Elizabeth Warren Questions Corporate Loyalty to America, While Bowing to China
Elizabeth Warren, others, say American multinationals too cushy with China. And it’s come at the detriment to American manufacturing labor.
State Department Warns Companies Doing Business in Xinjiang, China is a ‘Reputational Risk’
Financial backers of China companies involved in unreasonable surveillance, and Uyghur genocide, put on notice in State Department’s newest Xinjiang Supply Chain Business Advisory.
Multinationals Lobby the House to Remove China Tariffs, Uses Inflation Excuse
Dozens of trade organizations like the American Petroleum Institute and the California Retail Association want the House of Representatives to follow the Senate and weaken China tariffs.
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.
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.
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.”
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.
April Trade Deficit Surprisingly Falls, But U.S. On Track For $1 Trillion Goods Deficit
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.
From Climate to China Dependency, Remapping Supply Chains Gains Traction Among Big Business
McKinsey has turned the corner on the Asia-centric model of globalization. It’s a “now-or-never” moment for US manufacturing. Here’s where CPA sees eye-to-eye.
Trade Blockage Another Example Why China Decoupling is Necessary
Recent shortages an example of America’s over-bearing dependence on Chinese supply chains. The time is now to take action to reverses this decades-long headwind to U.S. manufacturing and its labor force.
