The Securities and Exchange Commission is telling Chinese companies listed on the NYSE and Nasdaq to reveal more of their ownership structure. Meanwhile, SEC Commissioner is giving them three additional years to allow for third-party audits. That’s too long.
A labor auditor in Shenzhen called Verite was raided and shut down in April. It’s another mark against those companies like Nike that believe auditing their factory floors in China won’t be that difficult. In many cases, it might not be allowed.
Customs makes good on its promise to root out imported solar cells and panels believed to have been made from polysilicon produced by Hoshine Silicon Industry, banned from the U.S. solar supply chain this summer.
School bus manufacturers are domestic. The Senate infrastructure bill gives them $5 billion to build non-diesel buses, but it falls far short of what the industry wanted in order to crank up the volume and reduce subsidy dependence.
The Chinese Communist Party is now one of three members of the board of directors at ByteDance, owners of the TikTok app. Why do we keep allowing this company to operate here, when Facebook, YouTube, and Twitter cannot operate there.
The Senate’s huge infrastructure bill includes provisions that turn the focus on domestic producers of everything from steel to personal protection equipment. The bill also calls for a review of trade agreements, including our relationship with the WTO. Here’s what we like so far.
An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.
Wellborn Cabinets is investing in the future thanks to an anti-dumping charge against Chinese cabinetry. Now they’re thriving. Their latest factory upgrade focused on American-made parts to support local supply chains, not just foreign ones.
The Federal Trade Commission gave itself the power this month to start fining companies that claim their products are Made in the US, but are not. CPA welcomes the final rule. The Biden administration is also touting Buy America policies, but will he let the WTO get in his way?
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.
