Commerce self-initiates first multi-country circumvention probe

Editor’s note: The Chinese are working hard to circumvent the tariffs by trans-shipping through other countries. Wilbur Ross and the Department of Commerce are responding.  The Commerce Department on Wednesday announced it is self-initiating a first-of-its-kind probe of whether corrosion-resistant steel products from several countries is circumventing U.S. antidumping and countervailing duties. [August 14, 2019…

China’s Factory-Gate Prices Slip Into Deflation

Editors note: The tariffs are working. Now we need to get serious about exchange rate management. Falling producer prices add another complication to Beijing’s efforts to shore up its slowing economy [Grace Zhu | August 9, 2019 | WSJ] BEIJING—China’s producer prices fell into deflation for the first time in three years, as worries over…