India Flexes ‘Tariff Water’ Against Tesla; US Meekly Watches
By Charles Benoit, CPA Trade Counsel All nations with a domestic car industry want to come out ahead in the transition to electric vehicles (EVs).
In Latest Hearings, More Arguments Made to Boot China from Wall Street
The U.S. China Economic and Security Review Commission held a hearing on September 8 that called into question the wisdom of Wall Street investing in China. As Washington rethinks China’s access to our capital markets, Beijing may be looking to get out before it’s kicked out.
Defense Authorization: Rep. Garamendi’s Buy American Push Shot Down by House Committee
In a two-part series of the National Defense Authorization Act mark-up in the House, part one looks at the Buy American Act for Navy ships: who voted in favor of it, and who did not?
With Tariffs in Place, America’s Solar Industry Keeps Expanding
Domestic solar manufacturers are staging a comeback. Here’s a look at what tariffs have meant for investment in this space, and a looming threat ahead that could undermine all of it.
China Solar Moves to SE Asia to Beat Anti-Dumping/Countervailing Duties
Thanks to currencies worth peanuts, and weak environmental rules, China has turned three SE Asian nations into their solar-making vassal states. The 20% tariff against them is not enough. Here’s what Washington needs to do if it wants a domestic solar industry.
What We Like in the Senate’s $550 Billion Infrastructure Bill
The Senate’s huge infrastructure bill includes provisions that turn the focus on domestic producers of everything from steel to personal protection equipment. The bill also calls for a review of trade agreements, including our relationship with the WTO. Here’s what we like so far.
Tony Blinken Says National Security is Economic Security, But Biden Administration Faces Major Obstacles
Secretary of State Blinken says national security and economic security go hand in hand. But the U.S. Chamber of Commerce believes that outsourcing economic might to Asia is just as important.
U.S. June Trade Deficit Hits New Record of $75.7 Billion As Imports Surge
Goods Deficit Also Sets Monthly Record at $93.2 Billion Department of Commerce figures published this morning show that in June the U.S. reported a trade
House Committee Meeting on Climate: Lots of Incentives, But Less on Manufacturing
A House Select Committee on Climate hearing looked at climate change policies and economic growth. They focused mostly on tax incentives and federal loans. But big OEMs like Ford may still ‘go green’ elsewhere. Here’s why.
Where Trump and Biden See Eye-to-Eye on China, Wall Street Worries
It started with Trump. Then Biden took the baton and ran with it to introduce the first ever capital markets sanction against a country and its companies. Where the two leaders see eye-to-eye on China today, and in the near-term.
