February Deficit Rises As Goods Deficit Hits New Monthly Record
We are heading for a trillion-dollar deficit this year in manufactured goods unless some serious import substitution takes place.
American Job Quality Index Sees Improvement as More Higher Paid Jobs Get Added
With jobs being added back to the U.S. economy after nearly a year of economic restrictions, higher paying wages are leading to an improvement in the Job Quality Index. The index, created by researchers and economists from Cornell University and the Coalition for a Prosperous America hit 81.99 in March, up by 0.48% from its…
Elizabeth Warren Gets it Right on Pharmaceutical Manufacturing
It’s time for Elizabeth Warren to re-introduce her pharmaceutical supply chain legislation.
Senator Rick Scott Wants To ‘Keep China Out’ of U.S. Solar Energy
A new bill in the Senate seeks to prevent China solar imports, especially for publicly funded solar installations.
China Cuts Import Taxes For Semiconductor Manufacturers As Tech War Heats Up
China’s duty-free import scheme may look like a desperation move, but it will facilitate massive purchasing and inventory build-out for China semiconductor companies looking to ramp up fast.
It’s Official: State Department Says Uyghurs Face Genocide In China
State Department says, in writing, that China is committing genocide.
Absolutely Fabless: Of Chips, Cash and Supply Chains
Intel announced last week it will spend $20 billion building two new fabs in Arizona to take it into the foundry business, aiming to make chips for large, important customers like Apple, Microsoft or Qualcomm. That’s good news, but it doesn’t solve the fundamental problem of US dependency on Asia for the manufacture of chips.…
What The Suez Canal Blockage Means For Supply Chains
Suez Canal blockage another blow to Asia-centric supply chains.
Climate Politics: Global Corporations Continue Outsourcing Pollution To China
If the White House believes we are facing a climate emergency, then the Biden administration will have to work overtime explaining why outsourcing pollution to China is a good idea. We can produce those goods here, with a smaller carbon footprint.
CPA Conference Final Day: On China, Rubio And Posey Go Hard
Three members of Congress representing both parties are writing legislation to help domestic enterprises post-pandemic.