Another Example of China Using VAT Rebates as an Economic Strategy
China spurs exports by giving VAT rebates to certain industries and products. It also curtails exports by denying VAT rebates. “Why would they ever
NYT: In China, Projects to Make Great Wall Feel Small
DALIAN, China — The plan here seems far-fetched — a $36 billion tunnel that would run twice the length of the one under the English
Dan DiMicco: How to increase wages for America’s Working Families
Dan DiMicco comments on an article that appeared in the January 9th issue of the NYT by Dionne Searcey: [Reposted from the blog of Dan
The Guardian: The US ‘manufacturing renaissance’ doesn’t exist, says new report
Despite all the much-heralded talk of the rebirth of manufacturing, a new report suggests that the trend may be vastly overstated [Reposted from The Guardian
ITIF: The Myth of America’s Manufacturing Renaissance
The “manufacturing renaissance” narrative in some circles is simply untrue. And possibly harmful to smart policy going forward. The Information Technology and Innovation Foundation
Michael McAuliff: Mitch McConnell Pledges Fast Action For Secretive Trade Deals
WASHINGTON — New Senate Majority Leader Mitch McConnell (R-Ky.) pledged Wednesday to move full speed ahead to give President Barack Obama so-called fast track authority
NYT: Democrats Step Up Efforts to Block Obama’s Trade Agenda
WASHINGTON — President Obama is facing opposition from fellow Democrats to one of his top priorities: winning the power to negotiate international trade agreements and
Textiles and Trade: China Increases VAT Refund to Boost Textile and Apparel Exports
China retains an active value-added tax (“VAT”) rebate program for exports. [Reposted from Textiles and Trade | David Trumbull | January 6, 2015] China’s Ministry
Trade Deficit will Grow this Year
I’m glad to see mainstream newspaper reporters accurately report that the trade deficit is a drag on growth. While the November trade deficit was
Dan DiMicco: More Distorted Thinking on Trade
More wrong-headed rhetoric on trade deals to nowhere! [From the blog of Dan DiMicco | Dan DiMicoo | January 8, 2015] Every past deal has
