China’s Record Trade Surplus and Washington’s Financial Trump Card
China’s trade surplus has crossed a dangerous threshold. In 2025, it exceeded $1 trillion for the first time, surpassing the previous record of $993 billion.
House Hearing on China Investment in US Reveals Much More Needs to be Done
The Committee on Foreign Investment in the United States (CFIUS) turns 50 years old this year, and it still has lots to learn. The main disruptor – China – has ultimately added new layers to CFIUS oversight, but this oversight is in its infancy.
The China Dependence Big Pharma Doesn’t Want Washington to See
U.S. drugmakers are rapidly shifting the front end of America’s pharmaceutical ecosystem (e.g. discovery, early-stage-development, and the IP engine) to China through a surge of licensing deals and cross-border partnerships.
Guest Opinion: Why a Market Access Charge Would Have Greater Benefits Than Tariffs
We must stop importing more goods than we export, leaving us deeply indebted to our trading partners. I urge Congress to urgently pass a bill that would implement the Market Access Charge. Call your Congressman and Senator today to urge them to support the introduction of such a bill.
October Trade Deficit Falls 39%, Lowest In Years, But U.S. Will Still Surpass $1 Trillion Goods Gap In 2025
The October trade deficit fell by 39% for goods and services combined, but even the goods deficit fell to monthly numbers not seen in at least five years. The October deficit in goods was $59.14 billion, down 24.5% from September, the Bureau of Economic Analysis said on Thursday.
America’s Cost-of-Living Crisis Is a Wage Problem, Not a Price Problem
The current cost-of-living crisis – defined by the soaring cost of essential services – is not the result of excessive consumer demand or short-term inflation shocks. It is the product of decades of trade and industrial policy choices that weakened middle-class wage growth.
China’s Automotive Market Deemed Existential Threat, With Worries Washington Can’t Count on EU for Help
China’s foray into the automotive industry makes perfect sense for any serious, powerful economy. Every major economic power has its own car brands. China has them now, in droves.
U.S. Trade Deficit With China Shrinks In September; But Mexico, Vietnam, and Ireland Goods Gap Surpasses It
The U.S. goods deficit with China fell by roughly $2 billion in September, coming in at $15.03 billion. China has dropped to fourth place in terms of the countries in which the U.S. has its biggest goods gap.
China’s Beating America to the Moon. Witnesses Tell House Space Committee Needs More Government Action.
China is beating the U.S. to the Moon, namely the dark side of the Moon we never see from Earth. It’s colder there. And darker. And China has the energy technologies they’ve invented themselves to make machines work there. We do not.
Democrats Keep Anti-Tariff Bias In House Small Business Hearing. Steel and Aluminum Tariffs Criticized by Importers
Democrats on the House Committee on Small Business kept to their year-long messaging that tariffs are raising costs and hurting companies. There were many interesting themes from the Nov. 20 hearing titled How Main Street is Revitalizing Domestic Manufacturing.
