August Trade Deficit Drops 4%, But China Trade Deficit Breaks 2018 Record
August trade figures reveal two things: a slowing economy, and a rising trade deficit with China as a strong dollar makes imports more attractive.
Senate Banking Committee Debates U.S. Corporate Investment in China
Should U.S. companies like Intel be allowed to invest in factories and partner with tech companies in China? If so, should there be restrictions?
Amazon in Business with Chinese Defense Contractor Banned by Washington. Why?
Amazon’s cloud service company isn’t breaking any laws. But is really okay for AWS to provide cloud computing to the Pentagon and China defense contractors?
“Globalization is (Almost) Dead” – New Book by FT Columnist Rana Foroohar Explains Why
Financial Times columnist Rana Foroohar writes about the end times for globalization as we know. What comes next in the post-global world?
JP Morgan CEO Jamie Dimon, Others, Tell Congress They’ll Leave China If Told
Washington proves to be more hawkish on China than Wall Street. Especially in the House of Representatives. A look at a recent House Financial Services Committee meeting.
In Senate Intelligence Hearing, Should U.S. Outbound Investment to China be Monitored?
Some in the Senate, like Sen. Bob Casey, say Washington needs to monitor what type of investment corporate America is making in China.
Poll: Voters Overwhelmingly Want Their Beef Labeled to Show What Country It Came From
A CPA poll conducted by Morning Consult show that Americans wonder where their beef comes from. Bought it locally? Maybe it came from Brazil.
UN Finally Weighs in on China’s Breach of International Human Rights Laws
The UN Uyghur report called the situation in Xinjiang an international human rights crime. Who will be first to sue? And why are Vanguard and BlackRock allowed to invest in banned companies?
What We Need and Definitely Don’t Need from the Indo-Pacific Economic Framework
CPA economist Jeff Ferry talks about IPEF. What should Washington focus on, and what they should outright avoid.
South Korea’s Concerns Over Inflation Act EV Tax Credit Shows Need for Managed Trade
South Korea does not like the Inflation Reduction Act’s special treatment of North American-made EVs. What can Washington do about it?
