Senate Majority Whip John Cornyn (R-TX) appeared as a witness before the Senate Banking Committee Thursday morning to pitch legislation to reform and expand the Committee on Foreign Investment in the United States, but a panel of academics and business representatives later voiced concerns about the bill’s breadth. [Jack Caporal | January 18, 2018 |…
Hillsboro, Ore. and Norcross, Ga.– January 18, 2018 – Suniva and SolarWorld Americas Inc. today jointly expressed their deep appreciation for President Trump’s attention to China and its proxies’ cheating and the assault on the United States’ solar manufacturing industry during his interview with Reuters: “Our companies and workers are grateful to hear the President understands the seriousness of the…
In April 2016, Donald Trump stood in front of supporters in Pittsburgh and declared he would bring the country’s steel jobs back. On Thursday, he returns to western Pennsylvania as a president yet to deliver on that promise. [ Scott N. Paul | Jan. 17, 2018 | New York Times] While America will never again see…
Ellis offered his analysis during a Monday interview on SiriusXM’s Breitbart News Tonight with Breitbart News’s Senior Editors-at-Large Rebecca Mansour and Joel Pollak. [Robert Kraychik | January 16, 2018 | Breitbart] NAFTA prohibits the Canadian, Mexican, and American governments from prioritizing domestic suppliers for government procurement. This regulation, said Ellis, offers comparative advantage to Mexico and…
Last year, the University of North Carolina at Charlotte made an announcement to great fanfare: The university would soon open a branch of the Confucius Institute, the Chinese government-funded educational institutions that teach Chinese language, culture and history. The Confucius Institute would “help students be better equipped to succeed in an increasingly globalized world,” says…
The White House is considering the creation of a reciprocal investment regime with China following a Section 301 investigation into Chinese technology and intellectual property policies, but some in the administration fear it would lead to stock market losses and negatively affect U.S. companies doing business in China, private-sector sources briefed by White House officials…
DETROIT — China’s GAC Motor vowed Monday at the Detroit auto show to sell cars to Americans by the fourth quarter of 2019, posing an increasingly realistic possibility that a Chinese automaker will finally reach the U.S. market. [Nathan Bomey | January 15, 2018 | USA Today] Although various Chinese auto companies have made similar promises in the past…
Washington ~ President Trump called Chinese President Xi Jinping on Monday to express disappointment that the US trade deficit with China is increasing, stating that it is not sustainable. “We appreciate President Trump’s renewed focus upon the US-China trade deficit,” said Michael Stumo. “But we believe stronger unilateral action is needed to avoid being the dumping ground for…
President Trump’s America First trade strategy will likely gain momentum as 2018 gets underway. Originally appears on The Hill The promised “renegotiation” of NAFTA is in full swing. And America’s solar panel, steel, and aluminum manufacturers are eagerly awaiting decisions in trade cases involving heavily subsidized imports from China. Many domestic manufacturers are reporting increased…
President Trump spoke with Chinese President Xi Jinping on Monday and “expressed disappointment” that the U.S. trade deficit with China is increasing, the White House said. [January 16, 2018 | Inside US Trade] In a statement on the call, the White House said that in addition to discussing issues related to North Korea, the two…