Editors note: this change of tone in China’s state media underscores our belief that the current trade intervention will go on for a long time, with moves and countermoves as our strategy continues. Cpa members need to Think about this as a transition to a new normal in the future, rather than something that will…
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Editor’s note: Tariffs or not, Apple and other US MNCs had no future in China. President Xi’s commercial espionage business model and China 2025 preceded the tariffs and continues. Apple has benefited from cheap labor and a strong supply chain in China and needs to share more of its profit with the Chinese people or face “anger…
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Editors note. The pressure to do something about currency misalignment will continue to grow. Senator Graham needs to pivot from a focus on only manipulation to the dollar overvaluation problem. Sen. Lindsey Graham (R-SC) on Monday alleged that China was devaluing its currency to avoid the pain of U.S. tariffs and said he planned to…
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Editor’s note: CPA congratulates Charlotte Pipe on its recent win against China trade cheating. CHARLOTTE, NC – August 3, 2018 – The International Trade Commission (ITC) voted unanimously today in favor of Charlotte Pipe and Foundry and the Cast Iron Soil Pipe Institute (CISPI) in their antidumping duty (AD) and countervailing duty (CVD) petition against…
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Editors note. Interesting map. Incorrect conclusion that the GOP caucus is or would have been leading on trade intervention, because they are not. On Friday, Beijing announced new tariffs on $60 billion in U.S. goods — prompting new U.S. threats to ratchet up tariffs on Chinese exports to the United States. These are just the latest volleys in…
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Editors note. More on China’s continued commercial espionage, this time in agriculture. (Reuters) – Two agricultural researchers from China were charged on Friday in connection with a 2013 attempt to steal U.S. rice technology for use in the medical field. [Tom Polansek | AUGUST 7, 2018 | Reuters] A U.S. grand jury indicted Liu Xuejun, 49, and…
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Editor’s note: Curtis Ellis continues to reveal China’s tactics as it seeks to dominate the industries of the future. You need to literally look no further than your wallet to see China’s unfair, unbalanced and predatory trade practices at work. [Curtis Ellis | August 3, 2018 | WND] Your wallet likely has a credit card in it,…
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Legislation would hamper efforts to reshore domestic production Washington. The Coalition for a Prosperous America (CPA) is urging President Trump to consider vetoing legislation that would unilaterally eliminate tariffs on a variety of imported foods and goods that have been offshored and are no longer produced in the US. Both the House and Senate have passed…
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Editor’s note: Interesting. A majority of business owners, including small business owners, surveyed in a new poll support additional tariffs on China, Mexico, Europe and Canada, although most expect negative effects on the economy if there’s a trade war, according to new UBS polling provided exclusively to Axios. [ Stef W. Kight & Jonathan Swan | August 2, 2018…
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Editor’s note: The US is not the only country concerned about weaponized incoming investment from China. Germany just blocked China’s acquisition of an advanced machine tool making company. A Chinese company dropped its bid to acquire an advanced manufacturer in Germany after the German government prepared to veto the deal, reports Caixin Global. [August 2, 2018…
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