U.S. Trade Deficit Surprisingly Falls In November But 2023 Goods Deficit Still Over $1 Trillion
The U.S. trade deficit fell by 2% in November over the previous month, with both exports and imports relatively flat ahead of the holiday season.
China Derisking? Not Really. Some Goods Now Sourced from Chinese Companies in Vietnam
Supply chains are still in the hands of Chinese companies but have been “rejiggered” to Vietnam and elsewhere.
Customs Modernization Act of 2023, the Metastasized Cancer of Regulatory Capture
For the last five years, a cabal of attorneys and trade compliance professionals have been plotting to destroy what’s left of U.S. customs law. Their
Trump Tariffs are ‘Bad’; Lighthizer is ‘Wrong’, WSJ Editorial Board Tells Us
A CPA rebuttal to a WSJ Editorial Team op-ed on Jan. 2 bemoaning China tariffs by both Biden and Trump.
U.S. Trade Deal with the U.K. Dies Quietly. Rest in Peace.
After roughly two years of back and forth on opening more markets to free trade between the U.S. and U.K., both sides have given up. Why that’s a good thing.
Congressman Blumenauer Holds Special De Minimis Meeting As Importers Dig In
Democratic members of the trade subcommittee at House Ways & Means gets an earful on why ‘de minimis’ should be reformed, or terminated.
House China Select Committee Has Big Recommendations For Congress In 2024
The House China Select Committee released its 52 page strategy report for 2024. Here’s what’s inside, and what might be missing.
Investments in China: NC’s Patrick McHenry is Out of Step on this Issue
It should be a no-brainer to make sure that America’s investors don’t fund any of China’s military ambitions. And yet our very own Congressman, Patrick McHenry of North Carolina, is inexplicably blocking bipartisan congressional efforts to limit U.S. investments in China.
Big Tech Companies Still Mad With USTR Decision on Global Data Storage
Big Tech is “big mad” with Biden administration pulling out of WTO digital trade initiative. Why it was a good idea to do so.
For China, Promises Made Are Almost Always Promises Broken
Why does anyone take China’s promises seriously? Following this week’s APEC conference, the U.S. is awash in headlines about the latest agreements between Biden and Xi, most of them not even in writing.