Currency Misalignment Monitor, May 2023
The U.S. is the most overvalued among major currencies.
House Ways & Means Chairman Cites CPA Study on China’s Inflation Reduction Act Benefits
What is President Biden’s solar emergency declaration? And why is it being opposed by both parties?
Tariffs and Tax Credits Driving a New Manufacturing Boom
Key Points: This article reviews the last five years of federal government manufacturing policy, including tariffs and tax credits, finding positive effects on rebuilding U.S.
In Latest House Ways & Means Trade Hearing, the Hardships of China ‘Decoupling’
The trade deficit is financing China’s rise, some members of the House Ways & Means Subcommittee on Trade say. What’s at stake? Is it fixable?
House Ways & Means Committee Argue Over China, Inflation Reduction Act
Will the Inflation Reduction Act further solidify Chinese multinationals as the indisputable champions of global ‘green tech’ manufacturing?
‘De Minimis’ Customs Rule an End Around Uyghur Forced Labor Law, Witnesses Tell China Commission
De minimis becomes topic of discussion at this week’s Congressional-Executive China Commission. CPA submits a letter on the issue calling for changes to the duty-free rule.
Chinese Manufacturers Could Earn Up To $125 Billion in U.S. Renewable Energy Tax Credits
U.S., European, and Chinese solar equipment manufacturers have rushed out announcements of investment in factories to make U.S. solar panels and related equipment since the
U.S. International Debt Has Doubled in Five Years to Over $50,000 For Each American
America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net
China Commission Warns of China’s Near Parity with US In Advanced Tech; Doubts Export Restrictions Are Working
The U.S. China Economic and Security Review Commission heard from 10 witnesses in a hearing on China’s defense tech. In some areas, from hypersonic missiles to drones, China is way ahead of us.
U.S. Monthly Trade Deficit Up 2.7% as Goods Gap Hits $183.2 Billion in Two Months
What the U.S. trade deficit for February is telling us about American supply chains, and dollar strength due to rising interest rates.