The U.S. China Economic and Security Review Commission discussed the tight-linked China-India pharmaceutical supply chain, and tossed aside the notion that sweeping trade deals with India and the region are good ideas.
By Amanda Mayoral Summary Global supply-chain crises, over-dependence on foreign production and government stimulus best explain the current inflation problem. Policy makers should learn from current crises and enact policies to reduce our strong dependence on unreliable foreign suppliers. Tariffs can cause a one-time rise in prices, but they don’t cause persistent month-after-month…
SEIA Exposed as Front for Chinese Solar Companies WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Commerce Secretary Gina Raimondo for exposing the Solar Energy Industries Association’s (SEIA) big lie that triple digit tariffs would result from the anti-circumvention petition filed by Auxin Solar, Inc., against four Southeast Asian countries, calling such…
The Senate Intelligence Committee discusses China’s strategy for economic and technological dominance. Senator Marco Rubio wonders if China will hold supply chains hostage.
The Health subcommittee of the House Energy and Commerce Committee have moved the FDA user-fee reauthorization bill to final committee. Chairwoman Eshoo says it is on track for September approval.
81% of voters think it is important for the U.S. to prohibit certain countries that pose a threat to American workers from being able to import foreign-made goods to the U.S. under the de minimis value. 79% of voters think it is important for the U.S. to prohibit certain countries that pose a threat to…
A bipartisan group of Republicans and Democrats support including the pro-China trade provision in the Senate USICA bill in the new Bipartisan Innovation Act.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 81.17 in March, up 0.91% from the previous month, reflecting a rise in both high-wage and low-wage jobs as the recovery from Covid continues. Jobs in Professional and Business Services grew by 177,000 in the month.…
An overvalued dollar is helping to exacerbate the country’s largest-ever trade deficit in goods. The U.S. is on pace for $1.1 trillion deficit in 2022.
Background In March of 2022, the U.S. Department of Commerce initiated an investigation into Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia that are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells and modules from China. In December of 2022, Commerce issued a preliminary determination that found that Chinese companies…