On June 1, 2023, the United States and Taiwan signed “the first agreement under the U.S.-Taiwan Initiative on 21st Century Trade.” “Initiative”? “21st Century Trade”? Sleepy terms that convey a classic “nothing-burger”. But that’s never been the case with trade agreements. This agreement, ostensibly for Taiwan, sets out expectations for how the U.S. and Taiwan…
At National Press Club, Katherine Tai talks about supply chain issues, what ‘de-risking’ from China might look like, and how USTR thinks about it.
China as a source for American imports is on the wane thanks to tariffs, other business risks. But strong dollar keeps imports booming.
The following written testimony was submitted by Michael Stumo, CEO of CPA, to the House Ways and Means Subcommittee on Trade for a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains,” that was held on May 25, 2023. Read Stumo’s oral testimony here. Written Testimony…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives for holding a vote to override President Joe Biden’s veto of the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) that would repeal the Biden administration’s Solar Emergency Declaration. This harmful Declaration, in effect…
In latest House Select Committee on China hearing, more tariffs, more Wall Street bans, and more tech restrictions are warranted.
Quartz Importers Abandon Challenges to Lawfully Imposed AD/CVD Duties WASHINGTON — In a win for the U.S. domestic quartz manufacturing industry, MS International (MSI), one of the largest U.S. importers of quartz surface products (QSP), is abandoning its challenges to the antidumping duty and countervailing duty (AD/CVD) orders on QSP from China and Turkey, and…
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 threats to the U.S. and our allies, systemic human rights abuses and genocide, and consistent actions to undermine democracies around the world and the rules-based international order. The U.S. government’s…
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.
House Committee hears from witnesses who call for better trade enforcement, and keeping tariffs. Meanwhile, de minimis trade rule in the crosshairs again.
