Last week, U.S. Customs and Border Protection’s (CBP) Office of Trade released false government statistics. CBP’s Office of Trade stated that the total value of de minimis shipments fell from $67,039,140,875 in CBP’s FY 2020, down to $39,876,651,152 in FY 2021. These numbers are not accurate, and in fact are certainly a gross, material undervaluation,…
Some argue that if the U.S. let the services industry grow through exports, it would lower our trillion-dollar trade gap with the world. CPA economist Jeff Ferry explains why that will never happen, and why it is better to increase manufacturing at home to lower the deficit.
Amazon’s cloud service company isn’t breaking any laws. But is really okay for AWS to provide cloud computing to the Pentagon and China defense contractors?
The UN Uyghur report called the situation in Xinjiang an international human rights crime. Who will be first to sue? And why are Vanguard and BlackRock allowed to invest in banned companies?
CPA economist Jeff Ferry talks about IPEF. What should Washington focus on, and what they should outright avoid.
South Korea does not like the Inflation Reduction Act’s special treatment of North American-made EVs. What can Washington do about it?
The China pharmaceutical industry is taking a multi-pronged approach to becoming a dominant player in Asia. Maybe even the world.
The multilateral trading system, birthed on October 30, 1947, was unceremoniously knifed and left for dead by President Biden’s signing of the Inflation Reduction Act. This is an unprecedented move by the United States in our seventy-five year history as part of that system. Retaliation will come from much of the world. Here is what…
A look at what some senior executives are saying this earnings season about the dollar’s misalignment with the major currencies of the world.
CPA economists Jeff Ferry and Amanda Mayoral explain the continued deterioration of market share for domestic producers versus imports.
