A new International Trade Commission (ITC) report on the distributional effects of trade points out that import competition has negative and disproportionate effects on minority workers, workers without college education, and workers in manufacturing. In October 2022, the ITC published a report entitled “Distributional Effects of Trade and Trade Policy on U.S. Workers.” (https://www.usitc.gov/publications/332/pub5374.pdf)…
A project out of the Department of Health & Human Services promises more domestic supply of locally made vaccines and critical drugs. Will they finally deliver?
Jeff Ferry talks to Congress about Wall Street investments in companies banned for forced labor. And why the need for greater cap market sanctions.
Are greater restrictions against U.S. tech companies doing business with China coming with the new Congress? Some say yes.
CPA chief economist Jeff Ferry took on a Pepperdine University free trader in a firey debate this week.
Inflation remains due to supply chain problems. From China’s Zero Covid to European energy costs, the price of outsourcing manufacturing is getting high. Why reshoring is an inflation curb.
The theory of free trade is so familiar and so often quoted, you might think there is ample evidence proving its accuracy. But there isn’t. In fact, there is scarcely any evidence at all. On the other hand, there is abundant evidence showing the theory is wrong. In an academic article recently published in the…
Most people think that when a drug is recalled by the lab, it is pulled from pharmacy shelves. It’s not. Here’s how drug recalls really work.
After a sharp six month decline, the trade deficit is back up and on track to break another record even as China imports stall.
Investment managers say they have a fiduciary responsibility to be in China. Here’s why they need to seriously rethink this.