China is getting its clothing market back. Weaker economies are leading to less demand and that, plus skill sets and manufacturing capacity, is what’s bringing apparel makers back to the mainland.
A healthy, growing manufacturing industry is essential for good, middle-class jobs, for broadly shared prosperity in the US, and for long-term economic growth. Manufacturing is essential for national security, health security, and a robust, resilient supply of many essential and non-essential goods.
The US must make the US dollar competitive again, rebalance trade, and support US manufacturing with effective Buy American policies to relaunch manufacturing growth. We must use tariff policies where required against foreign predation, dumping, IP theft, and other anti competitive policies of foreign governments. We must use targeted industrial policies when necessary to support industries deemed essential for national security or economic security.
Tai is taking heat for a Biden administration decide to step aside on digital trade talks in the WTO. What was behind the decision and what’s being said about it.
Chinese solar manufacturers could take advantage of the Inflation Reduction Act’s tax credits by opening plants in the United States.
Republican voters support existing tariffs, even extending some of them. Meanwhile, the White House’s worker-centered trade focus approved by big majority of GOP voters.
Kent International CEO Arnold Kamler recently joined Walmart’s “The Huddle with John Furner” podcast to discuss his journey working with the retail giant and shared valuable advice to anyone considering establishing manufacturing assembly in the U.S.
Dan Harris, international lawyer at Harris Bricken and founding author of the China Law Blog talks about companies leaving China. Are any coming here?