Editor’s note: More reasons why a deal with China is wishful thinking. Recent purchases by a Chinese automaker raise the prospect of China being able to interfere with our transport system. [Jon Toomey | August 29, 2019 | The Epoch Times] Geely automotive (Zhejiang Geely Holding Group)—a Chinese global automotive group headquartered in Hangzhou, Zhejiang…
Editors note: Coming soon. Huawei surveillance from inside your car. Huawei‘s HarmonyOS is one of the most talked about topics in tech at the moment, and the possibilities for it are endless. In fact, right now we’re already hearing rumors about HarmonyOS making rounds on Weibo. According to the rumors, Geely, a popular car manufacturer…
Editors’ note: Members of the “Americans for Free Trade” astroturf coalition are the import/offshoring MNC lobby, including the trade associations they fund or control. They were a powerful lobby under past administrations. The Americans for Free Trade coalition, which represents more than 160 U.S. business associations, is urging the Trump administration to postpone “all tariff rate increases”…
Editor’s note: Sinovel is a Chinese state-influenced company that stole core trade secrets and technology from AMSC, a CPA member company. (Reuters) – Chinese wind turbine maker Sinovel Wind Group Co was convicted on Wednesday of U.S. charges that it stole trade secrets from AMSC, causing the Massachusetts-based company to lose more than $800 million.…
Editors note: From the archives, this 2014 article shows two things. First the federal reserve bank is not apolitical and worked hard to pass NAFTA. Second, that the Mexican trade deficit is more currency related than many people think. Low tariffs make off shoring easier when foreign currencies devalue. The inside story of how the…
Editors note: Peter Navarro is CPA’s hero too! If you Google Peter Navarro, President Trump’s trade guru (he is actually called “assistant to the president and director of Trade and Manufacturing Policy”), you might read that he is considered a “heterodox” economist. We suppose this means out of sync with many or most professional and…
Excerpt: “If the Fed cuts rates, the dollar will weaken off, but the issues around the world will offset that. The problem of the strong dollar doesn’t just go away.”(Bloomberg) — The dollar has been ascendant in 2019 and forecasts for a U.S. recession are growing louder. If the greenback’s strength keeps up and the…
Editors note: This article confirms CPA’s recent research showing that businesses are accelerating their moves out of China, some are moving back to the US and that the US consumer is not being harmed. Hasbro shifting its business out of China has been positive for the company, according to its CEO. “It’s gone very well…
Editor’s note. Made in America Movement is a CPA member. A Northeast Pennsylvania-based business that is one of the country’s biggest promoters of American-made products is merging with a competitor to enhance its size and influence. [Bob Kalinowski | August 27, 2019 | Citizens Voice] The Made in America Movement, based in Scranton, has agreed…
Editors note: It is important to prevent Chinese companies from funding their growth and ambitions through the US equities markets. Two senior members of the Senate Foreign Relations Committee are calling on administrators of the federal government’s main retirement savings fund to reverse a decision that they say would shift billions in investments into Chinese…
