CPA’s Chief Economist Jeff Ferry on the “American Way” of Economic Growth
Jeff Ferry pens a two-part series on the history of the American rise from new nation, to new industrial power. How it happened may surprise some.
China Commission Hears Testimony from Reshoring Advocate
A China Beige Book executive makes the case for reshoring in testimony to the U.S. China Economic and Security Review Commission. Meanwhile, U.S. manufacturers continue to lose local market share to imports.
June Trade Deficit Drops 6.2%, But 2022 Still Set for Highest Deficit Ever
Manufactured goods helped increase exports for June and lowered the trade deficit for the month. But on balance, the U.S. is careening towards another record-breaking year for the goods trade deficit.
U.S. Solar Sector Gets Huge Relief in Inflation Reduction Act of 2022
Solar tax credits will make up for some of the damage done to the Section 201 solar safeguards. But Congress beware: the U.S. can’t out-subsidize China.
House Foreign Affairs Committee Talks China Export Controls, CHIPS Act
Commerce Department official tells House Foreign Affairs of the urgent need for the CHIPS Act, and says department is looking into more export controls on China.
Cleveland Cliffs CEO Tells House Steel Caucus Globalization Has Failed
The Congressional Steel Caucus hears from steel industry executives on whether or not to keep tariffs in place. The answer was a resounding yes.
Senator Grassley Chooses Foreign Kingdom’s Subsidized Fertilizer Over Florida and Illinois Producers, Abandons Claimed Principles
By Charles Benoit, CPA Trade Counsel Last month, President Biden stunned the trade community around the world when he announced a two-year legal immunity from
From BlackRock to Washington Again: Biden Adds Big China Fan to Foreign Policy Board
Tom Donilon, Chairman of the BlackRock Investment Institute, and a China bull, returns to Washington as co-chair of Foreign Affairs Policy Board.
Will China Products be Banned from U.S. Military Bases?
The House Armed Services Committee passed its version of the National Defense Authorization Act this week, with many amendments taking swipes at China reliance.
Katherine Tai Defends Section 301 China Tariffs in Senate Hearing
In one of her best hearings yet, USTR Katherine Tai holds fast on why the U.S. needs the Section 301 tariffs on China.
