In part two of a two-part series on the USTR hearing on the solar safeguard extension, a look at what solar manufacturers and the opposition told the Trade Committee as they wait for President Biden’s word on tariffs.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose marginally to 81.17 in December, up 0.08% from the previous month, reflecting slightly faster growth in high-wage jobs than low-wage in the month. The small rise of the JQI was driven mainly by growth…
The USTR recently held a hearing among stakeholders regarding the extension of the Section 201 safeguard tariffs for solar. Here’s an overview of what’s at stake and why John Kerry is the Joker’s Wild.
The U.S. will break a $1 trillion goods trade deficit with the world this year. Neither pandemic, nor supply chain bottlenecks, nor trade war tariffs could stop it as tariff circumvention to SE Asia and a strong dollar make importing easy.
Recent supply chain bottlenecks of hospital gear shows why continued dependence on Asia is bad for pandemic preparedness. The Make PPE in America Act in the infrastructure law should remedy this in the years ahead, if Congress doesn’t open the doors to duty-free PPE and undercut the law’s intent.
Commerce banned more Chinese defense contractors from buying American computer hardware, other high-tech goods. Why can Vanguard and State Street still invest in them?
The House Committee on Transportation and Infrastructure expects supply constraints to last into early 2022. Rep. John Garamendi of California highlights “tremendous trade imbalances” as one reason for the bottlenecks, caused by a surge in demand for Asian made goods.
A House Energy and Commerce Committee hearing on clean energy technologies shows division among the parties, with one main agreement: the U.S. will lose out on this market if Washington allows for dependence on Asia for solar, wind and EV battery materials.
Lago & Wang Nomination Hearing Shows Senate Finance Committee at Cross Purposes with Biden Administration
The Senate Finance Committee’s confirmation hearing for two trade specialists appointed by Biden shows an obvious rift with the Executive Branch over recent China trade decisions.
The U.S. China Business Council sent a letter to Treasury and the US Trade Representative to reduce tariffs ahead of Biden-Xi chat.