January Trade Deficit Hits $89 Billion; Goods Trade Deficit Balloons to Record $108.9 Billion
January trade figures show 2022 is starting off with the largest-ever trade gap between the U.S. and other countries.
A Closer Look at Biden’s New “Buy American” Push
President Biden is set to increase the amount of domestic content required under government procurement in the Buy American Act.
Is Russia About to Lose Permanent Normal Trade Relations with the West?
Canada said it will no longer grant Russia “normal trade relations” status and the EU is moving in that direction. The U.S. might be next.
Rep. Blumenauer Wants House Committee to End E-Commerce Loophole
The Oregon congressman remains steadfast in keeping his de minimis bill in a compromised House/Senate bill that will ultimately merge USICA with the COMPETES Act.
Globalization’s Failure: Why Black & Latino Workers Fair Much Worse in ‘Free Trade’ Deals
The International Trade Commission hears from real-life stakeholders — blue-collar manufacturing workers — about how globalization has negatively impacted their wages and communities.
China is Still Getting Away with IP Theft
The U.S. China Economic and Security Review Commission recently heard from 9 panelists who all agreed: China is still stealing intellectual property.
Japan Steel Deal Removes Tariffs, Sets Import Limits
The Section 232s received another makeover. This time in Japan. The deal removes tariffs but caps what they can export to the U.S. and includes previously exempt volumes in the new tariff rate quota.
Notes from a Hearing: “The Beijing Olympics and the Faces of Repression”
The Congressional-Executive Commission on China says American corporations are ‘complicit’ in China’s human rights violations.
Goods Trade Deficit Tops $1 Trillion, Equivalent The Size of the Mexican Economy
The U.S. broke the trade deficit sound barrier in 2021, hitting $1.09 trillion. Why tariff policy isn’t enough to stem the tide of imports.
House Hearing on FDA: Advanced Manufacturing May – or May Not – Lead to Domestic Manufacturing Boom
The House Committee on Energy and Commerce discussed FDA’s user fee budget and what can be done to reshore more of the pharmaceutical industry.
