MP Materials, the only active rare earths mining company in the U.S., is making great progress. And yet at the same time, the company just reported a financial loss. The contradiction illustrates the challenges involved for the U.S. in rebuilding a rare earths industrial capability.
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
We need to protect our industrial base, invest in infrastructure, and sell more in our wealthy home market. A twenty-first-century version of the American System isn’t just desirable—it’s essential.
While we appreciate Secretary Mayorkas’s acknowledgement that the de minimis loophole is a serious risk and undermines the U.S. government’s efforts to enforce the UFLPA, we have yet to see substantive action from the Biden administration to close this dangerous loophole.
CPA sent a letter to the Treasury Department on Thursday asking Secretary Janet Yellen to take immediate action to prevent Russian and Iranian steel products from entering the U.S.
The CCP’s weaponization of U.S. capital markets and American retail investors to fund its malign activities is only possible because of Wall Street firms’ fiduciary malfeasance and complicity.
New industry letter asks President Biden to end negotiations and take action to impose quotas or tariffs to enforce Mexico steel deal.
Holding China accountable for its illegal trade practices will allow for the growth of a more diverse, and more secure, solar supply chain, here in the United States.
The next president should use every tool to rebuild America’s productivity, industrial base and middle class. And they should ignore the conventional economic textbook view that predicts calamity if those tools are used, especially because these predictions never come true.
We welcome the recent action by DHS to place 26 more Chinese textile companies on the UFLPA Entity List. However, more needs to be done to ensure that Chinese forced labor imports are not skirting the enforcement of U.S. law.
