When President Biden laid out his vision for the U.S. economy before Congress on April 28th, he emphasized that rebuilding the U.S. economy should focus on “jobs, jobs, jobs.” The federal government should give preference to U.S.-made products as much as possible. To hammer home the point, Biden added: “there is simply no reason why…
McKinsey has turned the corner on the Asia-centric model of globalization. It’s a “now-or-never” moment for US manufacturing. Here’s where CPA sees eye-to-eye.
Secretary of the Treasury Janet Yellen has provided an early signal of the Biden administration’s approach on currencies and currency manipulation. The US apparently has little intention of using currencies to address US economic problems, including slow growth, huge trade deficits, pervasive inequality, and a lack of good jobs. The economic analysis in the new…
Striking all the right chords and buzzwords, China leader Xi Jinping says what the world needs now is love sweet love. Who’s buying?
Recent shortages an example of America’s over-bearing dependence on Chinese supply chains. The time is now to take action to reverses this decades-long headwind to U.S. manufacturing and its labor force.
Lawyers from Wiley are telling their clients to prepare for ongoing supply disruptions due to Biden’s China policies.
A Hudson Institute webinar suggests that the U.S. is in a better position to take on China than Europe.
Biden’s new tax proposal benefits renewable energy. But where tax credits are concerned, can individuals and companies that get those tax credits then use the capital to import green tech from China? What’s stopping them?
The Department of Commerce heard a panel of industry leaders on Thursday discussing the shortage in semiconductors, and asks why we can’t make this stuff at home.
What’s in Biden’s corporate tax plan? The good news is that it looks like small and mid-sized businesses will be left unscathed.