“Many of our members have been directly impacted by China’s ongoing economic aggression…. “Many of our members have been directly impacted by China’s ongoing economic aggression. In tonight’s State of the Union, we were gratified to hear President Trump reaffirm his commitment to confronting predatory trade. We look forward to working with his administration on…
Editor’s note: Steel fabrication products were left out of the Section 232 tariffs on steel. The best method of implementing tariffs is to cover the supply chain, so foreign cheating companies are unable to circumvent the tariffs by simply selling downstream products. This petition by the American Institute of Steel Construction seeks to remedy the omission…
CPA OP-ed: Huawei Case Shows China Keeps Stealing Its Way to Success In 2001, when China joined the WTO and officially entered the world trading system, politicians and economists of every stripe confidently predicted that China would soon become very similar to many other Western market economies… February 6, 2019 In 2001, when China joined…
Editors note: the trade skirmish with China continues to boost the US economy, not kill him. China continues to boost the US economy, not kill it. [Mike Rogoway | February 5, 2019 | oregonlive.com] Intel acknowledged late Monday it will soon begin building a massive new semiconductor factory in Hillsboro, which will surely run in the…
Editor’s note: The UAW is making a good move to urge a boycott of GM for offshoring to China while laying off US workers. There are plenty of cars and trucks made by US workers that we can buy. [John Binder | February 1, 2019 | Breitbart] Since GM executives announced the multinational corporation would lay off…
Editor’s note: Pay special attention to DNI Director Dan Coats’ statement and consider whether our issues with China are confined to trade. [Mark Kelton | February 5, 2019 | The Cipher Brief ] Director of National Intelligence Dan Coats briefed the Senate Select Committee on Intelligence last week about the comprehensive threat that China poses…
Editor’s note: And then they cried “wolf” again. This UN report lacks any credibility, ignores trade cheating and ignores global trade imbalances. If a global economic downturn was going to happen with China tariffs, it would have happened. The US and the world will be better off if we fix China’s economic predation and especially…
Editors note: The money quote, “It was highly unlikely China would agree to new disciplines targeting changes to its trade practices and economic system, the USTR said.” [David Lawder, Chris Prentice | February 4, 2019 | Reuters ] Negotiating new World Trade Organization rules to try to rein in China’s “mercantilist” trade practices would be…
By Jeff Ferry, CPA Chief Economist Three things happened last week that made me feel more confident than ever that US tariffs are working and China is losing the so-called “trade war,” which is not a war at all but simply a battle to enable the US economy to stand once again on its own…
Editor’s note: This Economic Policy Institute’s study quantifies the extent to which creating or destroying jobs in manufacturing has large indirect jobs ripple effects as compared to the service sector. Anyone involved in economic policy planning should understand these effects. [Josh Bivens | January 23, 2019 | Economic Policy Institute] When it comes to…