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
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
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.
