US Trade Deficit Deepened to $54.6 Billion in May As COVID Impacted Trade
By Jeff Ferry, Chief Economist The monthly US trade deficit climbed to $54.6 billion in May as the COVID crisis dented exports more than imports.
Senate Passes Sanctions Bill Against Chinese Officials Over Hong Kong
Editor’s Note: CPA applauds unanimous congressional action to impose sanctions on China’s Communist regime for imposing its oppressive national security law on Hong Kong, in
Ambassador Lighthizer Celebrates USMCA’s Entry Into Force Today
Editor’s Note: Today, July 1, the new USMCA comes into force, replacing NAFTA. In this note, USTR Robert Lighthizer explains the expected benefits of USMCA.
U.S. Is Vulnerable to China’s Dominance in Rare Earths, Report Finds
Editor’s Note: New report documents China’s willingness to use its dominance in rare-earth minerals as leverage against the US. The US needs to accelerate efforts
A remote corner of Idaho has become the best hope for the U.S. challenge to Huawei
Editor’s Note: There are a number of key innovations that will help the US and its allies kick Huawei out of the world’s 5G networks
Post-Pandemic Supply Chains Seek ‘Resilience,’ Report Says
Editor’s note: Business consultants are recommending diversifying from China. But they still don’t have the national interest in building our jobs and our economy in
Chinese ambassador secretly recruited scientists, FBI says
Editor’s note: There will be many more prosecutions as the FBI has an astounding 2000 China investigations open. China’s ambassador in Washington and a Chinese
Exclusive: New U.S. Development Agency Could Loan Billions for Reshoring, Official Says
Editors note: We are starting to get serious about re-shoring. WASHINGTON — U.S. government financing for projects to return critical supply chains to the United
Palladium Podcast Ep 38: Marc Fasteau and Ian Fletcher on the Return of Nation State Capitalism
Editor’s note: Marc Fasteau and Ian Fletcher are interviewed in this podcast relating to their recent article on the economic foundations of industrial policy. This
Exclusive: Congress can take vote to withdraw from WTO in July
Editor’s note: This is good news. Trump’s leadership potentially sets the stage for a vigorous congressional debate over continued U.S. membership in the trade body.
