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.
State Department Warns Companies Doing Business in Xinjiang, China is a ‘Reputational Risk’
Financial backers of China companies involved in unreasonable surveillance, and Uyghur genocide, put on notice in State Department’s newest Xinjiang Supply Chain Business Advisory.
Government Study Shows Free Trade Deals Produced Little Benefit, Except for Multinationals
From the environment to labor, the International Trade Commission looks at a compendium of academic literature over a roughly 18-year period to gauge whether agreements like NAFTA and KORUS were good deals. And for whom.
Senate China Bill’s “Division G” Was a Gift to the CCP; House Dems Provide Hope
By Charles Benoit, CPA Trade Counsel There is high drama in Congress this summer as the U.S. House and Senate offer differing takes on the
Multinationals Lobby the House to Remove China Tariffs, Uses Inflation Excuse
Dozens of trade organizations like the American Petroleum Institute and the California Retail Association want the House of Representatives to follow the Senate and weaken China tariffs.
After 100 Years of the CCP, U.S. Engagement Policy Key to Making the China of Today
Chinese dissident Cai Xia, now at Stanford University’s Hoover Institution, says the U.S. engagement policy on China fed the dragon. The CCP owes a lot of its might to U.S. multinationals, Washington and — increasingly — Wall Street.
Can a Few ‘Made in the USA’ Investors Slow the Tide of ‘Made in China’ E-Commerce
Entrepreneurs like Mark Cuban are putting real money on the line to build-up and promote domestic manufacturers instead of Asian ones. Will it be enough to slow a trillion-dollar goods deficit?
NEC Director Deese Outlines Biden’s 21st Century Industrial Strategy
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
