Wire Rod and Rebar Imports Surge from Mexico, Violating 2019 Agreement
Key Points Steel imports from Mexico have surged in recent years. Some steel products, such as rebar have increased by several thousand percent over previous
It’s No Delusion: Manufacturing is Essential for Prosperity
Recently, we’ve seen a barrage of attacks on the pro-manufacturing policies enacted by Congress in the past two years. According to The Economist magazine, the
Industrial Policies Gain Support in the Academy
Last month, the Wall Street Journal published an attack on Joe Biden’s industrial policies arguing that Bidenomics “needs more…economic theory or research.” This theme has
USA Rare Earth Works to Address Severe Shortage of U.S. Minerals
A looming shortage of critical minerals is a huge challenge facing the U.S. and all industrial nations outside of China. The rare earth family of
Currency Misalignment Monitor, August 2023
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 15.2% against global currency basket as dollar inflows continue to push
Manufacturing Employment Hits All-Time Low. Will IRA Reverse the Trend?
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
Currency Misalignment Monitor, July 2023
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 14.8% against global currency basket from 14.3% last month Japanese yen
Section 301 Tariffs Reduced U.S. Dependence on China, Decoupling Has Begun
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017
Written Testimony for House Subcommittee on National Security, Illicit Finance, and International Financial Institutions: Dollar Dominance Today and in the Future
Written Testimony for House Committee on Financial Services, Subcommittee on National Security, Illicit Finance, and International Financial Institutions Submitted by Jeff Ferry, Chief Economist, Coalition
Currency Misalignment Monitor, June 2023
The U.S. dollar is 14.3% overvalued against global currencies, contributing to trade deficits costing some six million jobs, many in manufacturing.
