An overvalued dollar is helping to exacerbate the country’s largest-ever trade deficit in goods. The U.S. is on pace for $1.1 trillion deficit in 2022.
Janet Yellen tells The Atlantic Council that the U.S. needs more resilient supply chains. But judging by her speech, reshoring was not part of the solution.
By Charles Benoit, CPA Trade Counsel An upcoming vote in Congress will be on par with the 2001 decision to grant China Permanent Normal Trade Relations. And Senate Finance Republicans are supporting it. They need to see the light.
The International Trade Commission held its seventh roundtable discussion on the impacts of foreign trade on American workers and manufacturing. CPA Chairman Zach Mottl was one of the speakers.
Seventy-five years after the General Agreement on Tariffs and Trade that led to the WTO, how has it turned out for the U.S.?
Here’s all we know about how China is really helping Russia. And what will have to happen for Washington to impose sanctions.
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.
Why are American public schools putting imported apple juice, Chinese peaches and Russia-sourced pollock on the menu?
Should Washington move to sanction China for “aiding and abetting” Russia’s military operation in Ukraine? If more sanctions are imposed on anyone, Washington must make rebuilding supply chains domestically a core part of that policy to reindustrialize the U.S.
Cuba and North Korea don’t receive our Normal Trade Relations; Russian exports should face the same tariffs as they do. By Charles Benoit, CPA Trade Counsel Less than 10 years ago, by votes of 92-4 in the U.S. Senate and 365-43 in the House, Congress voted to grant Russia ‘Permanent Normal Trade Relations’ (PNTR). We…