Big Tech Companies Still Mad With USTR Decision on Global Data Storage
Big Tech is “big mad” with Biden administration pulling out of WTO digital trade initiative. Why it was a good idea to do so.
For China, Promises Made Are Almost Always Promises Broken
Why does anyone take China’s promises seriously? Following this week’s APEC conference, the U.S. is awash in headlines about the latest agreements between Biden and Xi, most of them not even in writing.
India Lab Recalls 27 Eye Drops From U.S. Pharmacies
Another Indian lab recalling eye drops following recalls in October and instances of blindness caused by other imports from India in March.
US China Commission Report Says ‘Engagement’ Not Working Too Well
China engagement not going too well. Supply chain risks spread to Vietnam, elsewhere, U.S. China Economic and Security Review Commission says in its annual report to Congress.
Small Package Shipment Imports Don’t Work: Evidence Pours In
Evidence continues to pour in that U.S. Customs and Border Protection (CBP) can’t do its job against the daily tidal wave of small packages sent
Trade Deficit Rises 4.9% In September As This Year’s Goods Gap Set To Topple $1 Trillion Again
The September trade deficit rose over August with no end in sight to a record breaking goods gap led by imports from China, the EU and Mexico.
Senators Demand Clarity On Imports In New Bill, Seeking Consumer Protection & Better Trade Rules Enforcement
Manifest Modernization Act would require companies like FedEx and DHL, which import goods into the U.S., to follow same rules as ocean shipping companies. The bill was written by Sens. Cassidy and Whitehouse.
Vanguard Surprisingly Leaves China Partnership, But Will Keep Billions Invested There
Vanguard opts out of serving mainland China invests and will close Shanghai office. Joint venture with Ant Financial comes to an end.
Why China’s Apparel Makers Are Staging A Big Comeback
China is getting its clothing market back. Weaker economies are leading to less demand and that, plus skill sets and manufacturing capacity, is what’s bringing apparel makers back to the mainland.
No, Ambassador Tai didn’t “abandon our allies”
Last week, President Biden’s U.S. Trade Representative, Ambassador Tai, took a shellacking from U.S. Senators who oversee her office. The first was from her fellow
