October Trade Deficit Rises to $78.2B, Pointing to Record Annual Goods Deficit of $1.2 Trillion
The government’s latest trade figures show a surge in imports, even as the economy runs the risk of recession. A look at October trade flows.
Senate Finance Committee Chairs Want Bigger Trade Deals to Counter China
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
Senate Hearing Takes Swipe At ‘De Minimis’ Rule That Favors Amazon, FedEx, Shein & More
When it comes to duty-free China e-commerce, an advocacy group working for Amazon and Walmart tries to get the Senate Finance Committee on their side.
Is the Dollar Overvalued? New Treasury Report Says Yes.
Treasury says the dollar is overvalued, but has no plans to fix it. Wall Street will remain the deciding factor in the dollar’s fate. Meanwhile, foreign central banks take action.
For China Solar, Tariffs Set to Return After Commerce Findings
The Commerce Department says four Chinese solar companies in SE Asia circumvented US tariffs. Will Biden rescind his two year duty-free solar waiver?
China’s Zero Covid Revolt. Where Do We Go From Here?
China’s Zero Covid protests should persuade Washington, businesses, and consumers that dependence on China for manufacturing American goods will dull the shine off iconic American brands. Political risks are rising.
Who is the Real Culprit Behind Globalization?
CPA Committee member Michael Collins looks at what made globalization what it is today and considers the big money barriers to rolling it back.
Senator J.D. Vance for Senate Finance Committee
Senator J.D. Vance of Ohio needs to be on the Senate Finance Committee for the good of the country. Even if Senator McConnell, the top
China’s Shein Under the Microscope Finds Banned Cotton Everywhere
Banned cotton under Biden’s Uyghur Forced Labor Prevention law is making its way into the U.S. in Shein packages, a German lab has found.
ITC Report: Free Trade Harms Minorities, Manufacturing Workers, and Workers Without College
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
