The deficit fell in August thanks to US crude oil exports and autoparts shipments to Mexico, for example. But overall, the goods deficit rages on and will break $1.03 trillion this year.
Rumor has it the White House is dusting off an old Trump-era idea to do a free trade deal with the UK. Ex-USTR Lighthizer says they found no benefit in one. CPA obviously agrees. Here’s why.
The USTR wants a worker-centered trade policy. The Coalition for a Prosperous America gave them some ideas.
The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
The Senate Agriculture Committee discusses foreign ownership and corporate concentration in America’s food supply. It’s getting worse, everyone agrees. Now what?
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
Dan Harris, international lawyer at Harris Bricken and founding author of the China Law Blog talks about companies leaving China. Are any coming here?
By Bill Jones Former Senator Phil Gramm’s recent WSJ opinion article “Trump’s Trade War Was a Loser” gets many things wrong about U.S. trade policy.
GOP leadership in the House Ways & Means Committee and its trade subcommittee agree the “free trade” Generalized System of Preferences cannot be reauthorized as-is.
Companies are leaving China for Southeast Asia, but in many cases, that doesn’t mean they have stopped doing business with the same Chinese company.
