Economic View: “Comparative Advantage” Does Not Mean What You Think It Means
So what is comparative advantage? Comparative advantage occurs when the ratio of costs in one country differs from the ratio of costs in another.
China EV Battery Giants’ Supply Chains Full Of ‘Forced Labor’, Says House CCP Committee
China’s EV battery companies CATL and Gotion High Tech source materials from companies banned by the U.S. Department of Homeland Security (DHS) due to forced labor violations, the House Select Committee on the Chinese Communist Party said on June 6.
China Solar Company, Accused Of Circumventing Tariffs, Wants To Set Up Shop In Texas Free Trade Zone
If Trina does not get into the FTZ in Texas, they may cancel their September 2023 planned investment. Trina is building a factory in Mexico and can eventually ship solar here duty-free under the USMCA. At least, however, we would not be subsidizing them via the IRA.
Senators, House Reps Convince Commerce To Move Ahead On China Solar Investigation
The Chinese-dominated solar industry has come under increased pressure lately, with tariffs raised on May 14, a two-year moratorium on dumping duties ending on Thursday, and the U.S. International Trade Commission voting 4-0 to initiate a new solar trade case on Friday.
Is The Government Finally Getting Tough on De Minimis Shipments from China? (No.)
The laws have not changed to make duty-free de minimis shipping any more difficult, but U.S. Customs and Border Protection (CBP) is starting to get proactive.
Monthly Trade Deficit Suddenly Rises 8.7%, Surpassing Three-Month Trend Line
The monthly goods and services trade deficit between the U.S. and the rest of the world has skyrocketed by a whopping 8.7% to $74.6 billion in April, putting the month well above the three month trend line.
Airbus: State-Owned Success Story and Proof Industrial Policy Can Work
Airbus is the greatest success of industrial policy in modern history. It is the world’s most successful commercial airplane manufacturer, with a global workforce of 121,000 people around the world.
The Case for More Aggressive Tariffs, Exchange Rates, and Monetary Policy
The next president should use every tool to rebuild America’s productivity, industrial base and middle class. And they should ignore the conventional economic textbook view that predicts calamity if those tools are used, especially because these predictions never come true.
USTR Katherine Tai Reiterates New Ideas On Trade In Financial Times Editorial
U.S. Trade Representative Katherine Tai took to the Financial Times this week to re-state her position, and President Biden’s, that from now on, global trade has to benefit the common good.
Attacks on Americas Act Reveals Opponents of WTO Tariff Reform Have No Solutions
CPA has championed the need for the United States to free itself from the Literally America Last shackles of WTO tariff commitments. Most are unaware
