October Trade Deficit Up 5% As EU, Mexico Goods Gap Breaks 2022 Levels
The October trade deficit rose, but the biggest takeaway from the latest data is how much the China goods gap is in decline this year.
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Is American Made Medication Preferred Over Imports?
A recent study suggests that Americans prefer locally produced medications if they are unclear where the product was made or if the lab has received bad reviews from an FDA inspection.
Investments in China: NC’s Patrick McHenry is Out of Step on this Issue
It should be a no-brainer to make sure that America’s investors don’t fund any of China’s military ambitions. And yet our very own Congressman, Patrick McHenry of North Carolina, is inexplicably blocking bipartisan congressional efforts to limit U.S. investments in China.
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 from abroad. CBP has warned for years that “the increase in small packages is permitting bad actors to operate with relative impunity.” However advocates for the lawlessness, namely express shippers…
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.
