A Senate Commerce subcommittee hearing heard from witnesses who said worker shortages will ultimately be a drag on U.S. reshoring efforts. Pharmaceutical reps warned of high energy costs, which could add to import dependence.
One of India’s pharmaceutical labs has run afoul of the FDA many times this year. The U.S. is dependent on foreign labs like Aurobindo for its drug supply. Can the government help change that?
As 2022 winds down, one thing remains clear, globalization is losing support among policy makers, and even among influencers like Paul Krugman.
The State Department awarded subsidiaries of The Gap in India and Intel in Costa Rica for actions taken by those companies there. Here’s why the parent companies never would have qualified.
A little-noticed speech by Commerce Secretary Gina Raimondo last week was a rousing endorsement of industrial strategy by a senior Biden administration official as the way forward for the U.S. economy. Raimondo minced no words as she called for the private sector and America’s educational institutions to join the fight to position the U.S. as…
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.
Senator Cornyn calls for large trade agreements to counter China in latest hearing on international trade inside the Senate Finance Committee.
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.
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.
The Commerce Department says four Chinese solar companies in SE Asia circumvented US tariffs. Will Biden rescind his two year duty-free solar waiver?
