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.
Here’s How Many Billions Vanguard, Others, Have Invested In China’s Delisted, Sanctioned Companies
Big mutual funds run by Vanguard and ETFs run by State Street and BlackRock will have to divest from some China stocks within a year.
Here’s A Way To Make The American Economy More Inclusive
If you want to build an inclusive economy, it starts with building things. CPA’s new Minorities Job Quality Index reveals how far behind Blacks and Latinos are versus the baseline. The reason: too many service jobs, not enough manufacturing jobs.
Beyond Beef Labels, Latest Amendment To Senate “China Bill” Mostly Bad
An amendment to the U.S. Innovation and Competition Act (formerly Endless Frontier) is good for beef country of origin labeling, bad for tariffs. Here’s why.
Why Don’t Big Retailers, E-Commerce Want Consumers To Know Where Their Products Are Made?
Senators Tammy Baldwin, Chuck Schumer, and others want consumers to know where goods sold online were manufactured. Big Retail wants the language removed from the Endless Frontier Act. What are they so worried about?
In Climate Push, ‘Drill, Baby, Drill’ Becomes ‘Dig, Baby, Dig.’ But China’s Doing Most of the Digging.
The International Energy Agency throws a bucket of cold water on Biden’s climate change plans. Why the race to “net-zero” emissions is risky business.
America’s EV Supply Chain In Doubt
China set up to be America’s Green OPEC. Experts warn The Hill that the supply chain to make EV batteries is out of our hands.
Record March Trade Deficit Thanks To Pandemic Demand, Some ‘Trade Blockage’ At Ports
Our March deficit hits a record for the month. Southeast Asia deficits now rising with the U.S. to record highs.
How Made in China 2025 Will Be Partially Funded By Wall Street
From retail investors in China ETFs, to Wall Street’s largest investment firms, China’s new technologies can always count on tens of millions of dollars of inflows from Americans. What do we get in return?
Apple, Tesla CEOs Listen In As Xi Jinping Blasts U.S. ‘Cold War’
Striking all the right chords and buzzwords, China leader Xi Jinping says what the world needs now is love sweet love. Who’s buying?
