WASHINGTON — The Coalition for a Prosperous America (CPA) today released a report titled, “Reclaiming the US Solar Supply Chain from China.” The white paper documents the current state of the US solar manufacturing industry and provides key recommendations for policymakers on how to counter Chinese dominance over the global supply chain that threatens US…
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By Kenneth Rapoza, CPA Industry Analyst By most measures, China is preparing for the future. The 2021 Government Work Report is a reminder of what China plans to do remain resilient and a dominant force in global supply chains. The best way to look at China’s annual Government Work Report is that it is Beijing’s…
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By Michael StumoMarch 5, 2021InsideSources The past few years have seen a sea change in U.S. foreign policy. There is now bipartisan acknowledgment in Washington that China’s stunning rise to global preeminence has come at U.S. expense—and has cost the United States millions of good jobs along with critical manufacturing capacity. As a result, President…
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Reshoring & Re-establishing Supply Chains — Doing so brings jobs, assets, and resources back to the U.S.. Harry Moser, founder and president, of the Reshoring Initiative talks with Melissa in episode 6 of Coalition Conversations. Want to learn more on the Reshoring Initiative and the programs Harry has worked on? Visit the following links: Reshoring Initiative…
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By Kenneth Rapoza, CPA Industry Analyst As states lift lockdowns, pent up demand from consumers and businesses are driving imports. But the data shows that where we have yawning deficits — in things like pharmaceuticals with wealthy nations — there is an urgent need to reshore and reverse the current import trend. If not, we…
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WASHINGTON — The Coalition for a Prosperous America (CPA) today highlighted how the January 2021 goods and services deficit reveals a serious, ongoing vulnerability in US industrial capacity. The data shows the US trade deficit rose in January to $68.2 billion. Alarmingly, imports increased by $3.4 billion to a total of $221.1 billion for January…
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By Kenneth Rapoza, CPA Industry Analyst The Government Accountability Office says more can be done to stop forced labor goods from coming into US ports. Here’s a look at some American apparel makers who have sourced from companies that are currently banned by Customs. No one is saying they did it on purpose. But global…
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The Job Quality Index (JQI) rose 0.67% to 81.58 in the March reading as the decline in low-quality jobs prompted a small increase in the JQI. The JQI report showed that the mean weekly wage for all P&NS workers increased to $862.28, a change of 0.69% from its revised level the month prior. The JQI, produced by…
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By Kenneth Rapoza, CPA Industry Analyst Anthony Blinken: the US will build a “foreign policy for the middle class.” This will require a massive reindustrialization push, and a Biden administration willing to be at odds with multinational corporate interests that are increasingly global in nature. Did Secretary of State Anthony Blinken just make free traders,…
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By Kenneth Rapoza, CPA Industry Analyst President Biden’s Executive Order on critical supply chains and their resiliency needs special attention to be placed on the mining and the recycling of key minerals used in electronics, electric car batteries and magnets used in defense navigational equipment. President Joe Biden issued an Executive Order last week to…
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