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%.
IRA Support for Solar Energy Risks Falling into China Trap that Hit Obama’s ARRA Law
China achieved domination of the global solar energy equipment industry thanks to $50 Billion+ of Chinese government subsidies.
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
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.
China MFN Repeal Would Generate $198 Billion for U.S. Taxpayers
Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct
U.S. De Minimis China Imports Hit $188 Billion Last Year
De minimis China imports increases the 2022 U.S. goods trade deficit by 16% to $1.38 trillion, representing some 8.3 million lost U.S. jobs.
Post PNTR: 3.8 million Jobs Lost Due to China
Key Points The trade deficit with China has cost the U.S. 3.82 million jobs since 2001. Three-quarters of the job loss is concentrated in manufacturing,
Currency Misalignment Monitor, May 2023
The U.S. is the most overvalued among major currencies.
Solar Industry’s Employment Estimates Are Out of This World
The Solar Energy Industry Association has claimed that 30,000 jobs could be lost if tariffs are reinstated on solar panels coming in from Chinese companies
Tariffs and Tax Credits Driving a New Manufacturing Boom
Key Points: This article reviews the last five years of federal government manufacturing policy, including tariffs and tax credits, finding positive effects on rebuilding U.S.