CHIPS Act Guardrails Still Work in Progress, Raimondo Tells House
House Science, Space & Technology Committee hears from Commerce Secretary Gina Raimondo on the progress of CHIPS Act funding. We’re getting there, she said.
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Job Loss by Metro Area Shows Devastation from China Shock
A comprehensive new CPA analysis of 927 U.S. cities and towns shows that job loss in manufacturing due to China imports since 2001 has affected almost every community in the U.S., including towns and cities in all fifty states.
Farm Towns Skeptical, Wary Of SEC Climate Disclosure Rule, Some Senators Say
Senators from farm states grill Gensler over Climate Disclosure Rule’s Scope 3 provision, which will impact American agricultural producers.
Model Shows that Universal 10% Tariff Would Improve Incomes, Output and Jobs (Updated)
Note: This version is updated with results for additional tax revenue and a retaliation scenario. Key Points CPA modeled former President Trump’s recent proposal regarding
USITC Report Shows Tariffs Boosted U.S. Production
Tariffs, i.e. import restriction, are a valuable tool for generating growth in the U.S. economy.
Generalized System of Preferences Renewal Would Delight China
As Congress considers renewal of the program, the marketing has switched to “facilitating supply chain shifts out of China”. This is narrative creation completely untethered to reality.
House Finance Committee Shows Stalemate on China Investments in the U.S.
House Financial Services Committee Chairman comes out against increasing the restrictions on China investment in the U.S. Here’s why other members agreed. Plus, a warning from Maxine Waters on outbound investments to adversarial nations.
Trade Debate Changing As Tariffs Show Their Purpose
Tariffs on China led to shrinking imports from there, but not from around the world. Naysayers point out that this means tariff policy failed. But has it?
Next Global Glut: EV Batteries Made in China
China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.
How Can Wall Street Still Be Invested In Treasury-Sanctioned Chinese Companies?
Treasury sanctioned 70 Chinese defense contractors.Vanguard and BlackRock have somehow found a way to still invest in them.
