E-Commerce Propelling U.S. Trade Deficit to be Larger Than Norway and Sweden Economies
The post-pandemic recovery is becoming a China jobs program. Ports swamped with e-commerce shipments as China expands digital presence here.
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Opinion\ Domestic manufacturers that hire and produce in the U.S. need a better global corporate tax deal
David Morse \ June 2021 \ MarketWatch Every year, dozens of large multinational corporations generate enormous profits in America’s lucrative consumer market. But thanks to clever profit shifting, they’re able to avoid paying much of their U.S. corporate-tax obligations. In fact, a study by the Coalition for a Prosperous America (CPA) found that America’s 500…
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NEC Director Deese Outlines Biden’s 21st Century Industrial Strategy
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
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For New USTR Deputy Nominees, Some in Senate Want Them to Jumpstart TPP
Some free trader Senators are still trying to revive the Trans-Pacific Partnership. New USTR nominees say to counter China, we need to “work with allies” in Asia. Fine. But TPP is not the answer.
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Here’s Why Biden’s China Solar Ban is Bigger Than it Looks
China polysilicon makers get put on the Entity List as one producer is prohibited from selling to the U.S. That means companies that rely on them for their solar supply chain are subject to import bans.
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CPA on Biden’s Chinese Solar Sanctions: A Good Start, but More is Needed
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding new action by the Biden administration aimed at Chinese solar companies’ use of forced labor in Xinjiang. As part of the announcement, the U.S. Customs and Border Protection will bar imports of metallurgical-grade silicon mined by Hoshine Silicon Industry (Shanshan) Co.—including…
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CPA Submits Letter on African Growth and Opportunity Act (AGOA) Country Eligibility
Jeremy Streatfeild, Director, Office of African Affairs Office of the United States Trade Representative Edward Gresser, Chair of the Trade Policy Staff Committee, Office of the United States Trade Representative June 23, 2021 Re: Annual Review of Country Eligibility for Benefits under the African Growth and Opportunity Act, Docket USTR-2021-0009 Dear Messrs. Streatfeild and Gresser,…
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Will New Treasury Hires Uphold Financial Sanctions on China?
Senators from the Foreign Relations Committee grilled two new Treasury nominees about sanctions. Capital market sanctions were mentioned only once. Will the new Treasury hires placate Wall Street, or follow Biden’s EO calling for divestment in 59 Chinese securities.
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At G7, Biden Stands Up to China. New ‘Restrictions’ Coming
CPA has some ideas on where to go after China if Washington is serious about ‘genocide in Xinjiang’. Start by banning Wall Street money flow into China’s wanton human rights violators.
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Canada’s House of Commons Opposes Biden’s ‘Buy America’ Policies
Canada wants to be top of mind for Buy America contracts. Thanks to the WTO, they already are. The White House needs to make Buy America policy a way to build domestic supply chains. “Work with allies” doesn’t mean “work for allies.”
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