November Trade Deficit Falls 21% to $61.5 Billion, But $1 Trillion-Plus Deficit Record Beat
The November trade deficit fell, but that didn’t stop the U.S. from record imports this year. The goods deficit is now over $1.1 trillion.
Senate Hearing Bemoans Worker Shortages, Wonders If Reshoring Can Work
A Senate Commerce subcommittee hearing heard from witnesses who said worker shortages will ultimately be a drag on U.S. reshoring efforts. Pharmaceutical reps warned of high energy costs, which could add to import dependence.
Ambassador Bob Lighthizer Tells Laura Ingraham Why the GOP Must Embrace Tariffs and Balanced Trade
Ambassador Bob Lighthizer, the former U.S. Trade Representative in the Trump administration, joined Laura Ingraham on Fox News Channel to discuss trade, the TPP, and
India Drug Maker Aurobindo Keeps Getting Poor Grades by the FDA
One of India’s pharmaceutical labs has run afoul of the FDA many times this year. The U.S. is dependent on foreign labs like Aurobindo for its drug supply. Can the government help change that?
As 2022 Draws to a Close, Globalization is Still Against the Ropes
As 2022 winds down, one thing remains clear, globalization is losing support among policy makers, and even among influencers like Paul Krugman.
State Department Awards Human Rights Abusers for “Excellence” – The Gap and Intel
The State Department awarded subsidiaries of The Gap in India and Intel in Costa Rica for actions taken by those companies there. Here’s why the parent companies never would have qualified.
October Trade Deficit Rises to $78.2B, Pointing to Record Annual Goods Deficit of $1.2 Trillion
The government’s latest trade figures show a surge in imports, even as the economy runs the risk of recession. A look at October trade flows.
Senate Finance Committee Chairs Want Bigger Trade Deals to Counter China
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
Senate Hearing Takes Swipe At ‘De Minimis’ Rule That Favors Amazon, FedEx, Shein & More
When it comes to duty-free China e-commerce, an advocacy group working for Amazon and Walmart tries to get the Senate Finance Committee on their side.
Is the Dollar Overvalued? New Treasury Report Says Yes.
Treasury says the dollar is overvalued, but has no plans to fix it. Wall Street will remain the deciding factor in the dollar’s fate. Meanwhile, foreign central banks take action.
