By CPA Staff Despite rumors of getting tougher on China listings on the US stock exchanges, more are on the way. One of China’s largest financial service platforms, Lufax, is expected to list later this month. We keep reading that everybody is more aware of the China threat, including politicians, businesspeople, and the American public.…
By Kenneth Rapoza, CPA Industry Analyst The House Republicans released their China Task Force report. Here’s what we liked about it. A few days ago, the newly formed House Republican China Task Force, chaired by House Homeland Security Chairman Michael McCaul, produced its 141-page magnum opus on the China threat to the US. It is…
By Kenneth Rapoza, CPA Industry Analayst First reported by subscriber service World Trade Online, the US government wants to make labor rights an increasing part of good trade relations. But will the Davos crowd pay attention? Human rights will continue to be another way to hit back at multinationals using forced labor in Western China.…
CPA’s Take: Roger Simmermaker has written multiple books on buying American and trade policy since 1996, and has been a CPA member since 2017. Both presidential candidates are trying to out-tough each other on China. Both have “Buy American” proposals, and agree somewhat on “Buy American” and trade policy. [Roger Simmermaker | October 2020 | WND.com]…
By Kenneth Rapoza, CPA Industry Analyst The Bureau of Economic Analysis released its monthly trade figures on Tuesday, showing a declining trade deficit with China, and some other key trading partners over the course of the year. The goods trade deficit in August hit $83.9 billion, but on a year to date basis the goods…
By Kenneth Rapoza, CPA Industry Analyst The Office of Trade and Manufacturing Policy recently published a quick look at some of the ways the government has tried protecting US manufacturing jobs. The White House released its report on its Buy America track record on Friday, and as we approach an election, we are hopeful that…
One of the consequences of President Clinton’s granting China Most Favored Nation status and allowing them to become a member of the World Trade Organization is that China took over production of consumer goods previously made in the USA. As a result, the consumer products you buy that are “Made in China” may be made by…
By Kenneth Rapoza, CPA Industry Analyst A Senate Armed Services Committee hearing on Thursday highlighted the ways the Department of Defense is taking on China. In Thursday’s Senate Armed Services Committee hearing, chairman Dan Sullivan (R-AK) said what we all believe here at the Coalition for a Prosperous America, loud and clear, and he said…
CPA’s Take: James Stuber is the co-chair of CPA’s Buy American Committee. “When I had my ‘lightbulb moment,’ the realization that America which invented the lightbulb no longer made one, I also realized that the societal costs of offshoring manufacturing was disastrous,” James A. Stuber told Worth. [Jonathan Russo | September 29, 2020 | Worth] James A.…
By Kenneth Rapoza, CPA Industry Analyst A handful of law firms are suing Robert Lighthizer and the US government for China tariffs. One advises Customs & Border Protection. The other is DC’s biggest lobbying firm, and working on ZTE lawsuits. The US put tariffs on China. Some companies were mad. Over 3,500 of them, according…
