Top Five Blunders (At Least) in Senate’s China Bill
Inside the U.S. Innovation and Competition Act sits the unsightly Trade Act of 2021. It is everything that is wrong with an otherwise good bill designed to tackle China.
Senate’s ‘China Bill’ Hobbles USTR, Puts Chinese Exporters First
One of the more problematic aspects of the new Senate bill called the U.S. Innovation and Competition Act is that it puts a massive dent in Section 301 tariffs, aka the China Trade War tariffs. Now industry groups want more tariffs cut.
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.
