What is the difference between an undergraduate international trade economics class and a graduate-level class? The difference is that in an undergraduate economics class they teach you that the ideal level of tariffs for any country is zero. Free trade rules! But in a graduate-level class, they teach you that tariffs can help a nation…
Yarns and fabrics from Asia are finding their way into the U.S. through a free trade deal that’s not meant for them. Kim Glas of NCTO discusses the impacts.
The deficit fell in August thanks to US crude oil exports and autoparts shipments to Mexico, for example. But overall, the goods deficit rages on and will break $1.03 trillion this year.
Rumor has it the White House is dusting off an old Trump-era idea to do a free trade deal with the UK. Ex-USTR Lighthizer says they found no benefit in one. CPA obviously agrees. Here’s why.
The USTR wants a worker-centered trade policy. The Coalition for a Prosperous America gave them some ideas.
The October Currency Misalignment Monitor shows that dollar overvaluation rose yet again last month, reaching 15.8% against the basket of 33 other currencies included in our model.
The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
The Senate Agriculture Committee discusses foreign ownership and corporate concentration in America’s food supply. It’s getting worse, everyone agrees. Now what?
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
Dan Harris, international lawyer at Harris Bricken and founding author of the China Law Blog talks about companies leaving China. Are any coming here?