Year Begins With 5.4% Rise In Trade Deficit to $67 Billion
January 2024 posted a 5.4% gain in the monthly goods and services deficit, rising to $67.4 billion, the Bureau of Economic Analysis reported today.
Coalition to Close the De Minimis Loophole Launches: Dedicated to Stopping the Importation of Slave-Labor Made Products and Illicit Drugs Ravaging Communities
The Coalition to Close the De Minimis Loophole launched today, representing thousands of voices, from the families of victims of fentanyl fatalities and nonprofit and nonpartisan organizations to labor unions, domestic law enforcement associations, domestic manufacturers, and business associations.
America’s Largest Generic Drug Supplier Aurobindo is in Deep with China’s Military
America’s largest generic drug supplier, Aurobindo, is riddled with safety and quality issues, including ties to overseas suppliers with links to China’s military.
CPA Applauds RSC China Bill Provision to Ban U.S. Investment in China A-Shares
The RSC bill sends a strong message to lawmakers like Financial Services Committee Chairman Patrick McHenry, who has consistently done the bidding of Wall Street and the CPP.
What China’s ‘Return to Manufacturing’ Policy Means
Wolfe told the Commissioners on Monday that he doubts countries will be able to tolerate the deluge of China exports, adding that he sees no end in sight to this onslaught for the time being.
Southeast Asia Now A Trio Of Mini-Chinas Producing Solar for US Market
Three Southeast Asian nations have become China’s “Mini Me” when it comes to the solar supply chain.
CPA Applauds Senator Hawley’s Tariff Bill for Chinese Cars
China’s predatory auto industry is a direct threat to American auto manufacturers and the hundreds of thousands of hard-working men and women that rely on this critical industry.
The De Minimis Loophole Provides High Volume Immunity to Overseas Smugglers
Modern-day smugglers are using the de minimis loophole to bring in illicit imports of fentanyl, pill presses, and all manner of contraband.
CPA Statement on Closure of Cleveland-Cliffs Tin Mill Facility
The decision, which will result in nearly 1,000 employee layoffs in April, is a direct result of the U.S. International Trade Commission’s (ITC) determination that illegally dumped and subsidized imports of tin mill products from China, Canada and Germany do not sufficiently harm the U.S. domestic steel industry.
New Horizon Advisory Report Details Alarming Threat of China’s Stranglehold on Global Solar Market
An alarming new report from Horizon Advisory details China’s distortion of the global solar industry and how that threatens the national and economic security of the United States as it “risks making the United States dependent, and dependent on an adversary, for a strategic, future energy source.”
