Hofusan is one of the most well known investments of Chinese capital looking not only to sell to Mexican consumers, but – more obviously – to export everything from furniture to washing machines duty free to the United States.
Little has been said about what a Kamala Harris trade agenda would look like should she win in November, but new clues have emerged, and it seems fairly certain she would keep with the current trajectory of the Biden administration.
As the demand for solar energy deployment in the United States continues to grow, foreign firms are reaping nearly all the benefits. Solar imports in 2024 are outpacing total demand and crowding out domestic solar manufacturers.
Congressman Pascrell’s leadership, particularly as a senior member of the Ways and Means Committee, has left a lasting legacy that will continue to shape trade policy for years to come.
China has wiped out American solar before. Can they do it again? This is the concern among many on Capitol Hill, including in the White House.
MP Materials, the only active rare earths mining company in the U.S., is making great progress. And yet at the same time, the company just reported a financial loss. The contradiction illustrates the challenges involved for the U.S. in rebuilding a rare earths industrial capability.
For more than two years, domestic steel producers have been urging the Biden administration to act on Mexico’s steel surge. But despite Mexico’s clear breaching of the agreement for several years, the Biden administration chose to negotiate rather than enforce a standing international agreement.
The de minimis catastrophe is getting attention on Capitol Hill, thanks to legislative champions on both sides of the aisle in Congress, and the advocacy of the The Coalition to Close the De Minimis Loophole (of which CPA is a member).
Aluminum imports into the U.S. have surged in recent years, with some product categories seeing a 380% increase since 2015. Many countries have already been found guilty of dumping aluminum into the U.S. at artificially low prices.
There is a strong and growing bipartisan consensus that the de minimis loophole has created rampant lawlessness and is facilitating the import of high-risk, illegal, and dangerous products—including deadly fentanyl poison that is killing tens of thousands of Americans each year.
