May Trade Deficit of $106.4 Billion is Not as Bad as it Looks
The goods deficit for May is the worst looking deficit on paper, at $106.4 billion, but might not be as bad as that number suggests.
The goods deficit for May is the worst looking deficit on paper, at $106.4 billion, but might not be as bad as that number suggests.
Before USTR borrows the tin cartel’s playbook, it should look to the American tradition of minimum import pricing — and beware the foreign imitations that ended in ruin.
Coalition for a Prosperous America (CPA) and the Prague Security Studies Institute (PSSI) have released a joint report, U.S. Underwriting of Chinese Military Companies Operating in Latin America, which details how Beijing is working to penetrate and control the space sectors of Latin American countries through dozens of ostensibly commercial agreements concluded with its state-controlled Chinese space companies that, in effect, act as fronts for the People’s Liberation Army.
New research reveals how Chinese state-controlled companies under the auspices of the PLA are targeting the entire space ecosystem in America’s backyard, funded, in part, by scores of millions of unsuspecting American retail investors.
Former member of the Federal Reserve Board, Stephen Miran, did not waste much time post-government to come out publicly in favor of tariffs. In a June 28th thread on X, Miran made the market case for tariffs – centered on the “optimal tariff,” failed economic models, and revenue tariffs to curb or cut taxation.
U.S. beef prices continue to climb, with May 2026 prices already 22% above January 2025 levels. This is a serious cost-of-living issue for American families, but it is also a crisis signal for the beef industry.
The House Select Committee on the CCP’s recent hearing about China’s economic espionage and corporate influence in the U.S. suggests the Committee is taking China corporate investment here as a potential problem.
Years ago, CPA warned that China was using American clean-energy tax credits to capture our solar industry — and we led the fight to slam that door shut.
New bill protects American agricultural markets from further import displacement with inflation-indexed specific duties — assessed against volume, rather than declared value — as well as new tariff-rate quotas to stop further displacement towards imports and give farmers and ranchers certainty.
Sen. Kirsten Gillibrand (D-NY) has become one of the Democratic Party’s leading voices raising concerns about the pharmaceutical industry’s growing ties to China.