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Trade Deficit Breaks All-Time Monthly Record. First-Ever $1 Trillion Goods Deficit Guaranteed
November 4, 2021 by Kenneth Rapoza

Trade Deficit Breaks All-Time Monthly Record. First-Ever $1 Trillion Goods Deficit Guaranteed

Archive, CPA News, Featured Home Page, Issues, Newsroom, Trade and TariffsBy Kenneth RapozaNovember 4, 20211 Comment

The trade deficit grew so much in September thanks to Asia imports that the U.S. will import the equivalent of the entire Mexican economy in 2021. A strong dollar is adding to the trade imbalances with Europe, Mexico, China and southeast Asia.

Work With Allies: How Europe Helps China Circumvent Steel Tariffs

CPA News, Featured Home Page, Issues, Manufacturing, Newsroom, Trade and TariffsBy Kenneth RapozaOctober 28, 20211 Comment

A report by business intel firm Horizon Advisory shows China’s encroachment on the European steel industry. What might it mean for Section 232 tariffs against European steel?

NYC Ad Campaign Targets BlackRock’s China Love Affair

China, CPA News, Featured Home Page, NewsroomBy Kenneth RapozaOctober 27, 2021Leave a comment

BlackRock is the subject of an ad campaign that will highlight the country’s largest financial institution’s kowtowing to China. Only recently was the company banned from investing in Chinese military contractors. For years, BlackRock has been a funder of China’s military and its surveillance state.

Boston Celtics Banned for Criticizing China. One Day, These Companies Will Have to Pick a Team

China, CPA News, Featured Home Page, NewsroomBy Kenneth RapozaOctober 22, 2021Leave a comment

A Boston Celtics player gets the NBA team in trouble in China. But Enes Kanter is showing companies what is truly at stake if they dare go against a CCP narrative.

China Tech & Industry Official Wants U.S. as Clean Tech, Pharma Partner

China, CPA News, Featured Home Page, Issues, NewsroomBy Kenneth RapozaOctober 19, 2021Leave a comment

A senior Chinese official told the U.S. China Business Council that the U.S. and China should partner on EVs and biotech. The private sector can do what it wants. But Washington should not take Beijing up on this offer.

Tainted Blood Pressure Medication from India Can ‘Change Someone’s DNA’

CPA News, Featured Home Page, Manufacturing, Newsroom, Supply ChainBy Kenneth RapozaOctober 15, 20211 Comment

An Indian drug market that’s been the subject of FDA warnings since 2017 is the apparent source of tainted medication sold in the U.S. and Canada. This is another example as to why we need to reshore critical supply of essential medication. Where is Congress?

CPA Members Zekelman Industries Funded Afghanistan Rescue of 534 U.S. Citizens

CPA News, NewsroomBy Kenneth RapozaOctober 14, 2021Leave a comment

Task Force Argo’s latest $1.1 million evacuation mission in Afghanistan was largely funded by CPA member Zekelman Industries.

Global Supply Chains Now Hostage to China’s Energy Rationing

China, CPA News, Featured Home Page, Issues, NewsroomBy Kenneth RapozaOctober 14, 20211 Comment

China’s energy rationing hurts American supply chains already in trouble. Diversification away from China should continue full speed ahead for anyone concerned with economic security.

WTO Déjà Vu as Katherine Tai Tries Rallying Peers on Reforms

CPA News, Featured Home Page, Issues, Newsroom, Trade and TariffsBy Kenneth RapozaOctober 14, 2021Leave a comment

The Trump administration refused to approve new trade dispute judges to the WTO. The Biden administration isn’t in any real hurry to fix it.

Lighthizer in The Economist: If Trade Deficit Persists Like This, U.S. Will ‘Bleed to Death’

CPA News, Featured Home Page, Issues, Newsroom, Trade and TariffsBy Kenneth RapozaOctober 8, 20211 Comment

Wall Street will have to get used to a weaker dollar. If not, trillion-dollar trade deficits will be the norm. This comes at great expense to America’s industrial base, and the middle class.

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  • Home
  • About
    • 2023 Annual Conference
    • About
    • Advocacy
    • Community
    • History
    • Board of Directors
    • Advisory Board
    • Staff
    • Become a Member
    • Contact
  • Research
    • Research Hub
    • Currency Misalignment Monitor
    • Job Quality Index
    • CPA Trade Database
    • Domestic Market Share Index
    • Working Papers & Policy Papers
  • Issues
    • Agriculture
    • Buy American
    • Currency
    • Healthcare
    • Manufacturing
    • Tax
    • Technology
    • Renewable Energy
    • Trade and Tariffs
    • China
  • Committees
    • Buy American Committee
    • Healthcare Committee
    • Supply Chain Committee
    • Tax Policy Committee
  • Newsroom
    • Opinion
    • Letters and Testimony
    • Press Releases
    • Insiders Commentary
    • CPA News
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  • Careers
  • AMERICA PETITION
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