Editor’s note: Excellent news that there is planning for a stimulus package to broadly promote Buy American and production here. (CNN) — White House trade adviser Peter Navarro said Saturday that the White House is targeting a phase four stimulus package focusing on American manufacturing that will be “at least $2 trillion dollars.” [ Jason…
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Committee established to investigate fraudulently listed stocks Washington. The Coalition for a Prosperous America (CPA) appreciates President Trump’s recent executive order establishing a Presidential Working Group to stop Chinese companies from flouting U.S. securities laws. CPA has actively protested the preferential treatment given to publicly traded Chinese companies that are allowed to hide financial information…
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Editors note: Michele Nash-Hoff explains why we need an industrial strategy focusing on getting manufacturing back. So the 40 million unemployed have a chance it getting better jobs than the ones they left. Continuing my series on why manufacturing is important to America, the second reason is that wages and benefits for manufacturing jobs are approximately…
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Editor’s note: FDA is complicit in offshoring our drug supply chain. We need to bring it back to the US. The Food and Drug Administration had to walk back testimony by an official at a Senate hearing last week after he downplayed the scale of China’s dominance of the drug supply chain in the U.S.…
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Editor’s note: Just as Amazon seeks to use blockchain to fight counterfeiting, US Customs and Border Protection should consider using blockchain to fight customs fraud (counterfeiting, country of origin lying, etc). The world’s largest e-commerce retailer has received patent approval for its latest solution in a long line of weapons for fighting counterfeit items on…
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Editor’s note: Rep. Mike Gallagher says that it is time to stop denying it and acknowledge that we are in a cold war with China. Some lessons from the Soviet era apply: Seek bipartisan consensus and allies, and avoid armed conflict. [Mike Gallagher | June 7, 2020 | WSJ] China has pushed back. Two weeks…
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Editor’s note: Senator Hawley v stateless multinationals in China. The ones that are patriotic only when convenient. Today, on the 31st anniversary of the Tiananmen Square massacre, U.S. Senator Josh Hawley (R-Mo.) sent an open letter to American companies operating in China calling for them to stand up against the Chinese Communist Party’s (CCP) crackdown on Hong Kong.…
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Editor’s note: A few stateless multinationals in the US finally get the message that China is not their friend. But Merkel, EU and other leaders of “allies” didn’t get the memo yet. For years, big U.S. firms were Beijing’s most reliable allies in Washington. Now they’re taking a harder stand. [Bob Davis and Lingling…
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Job Quality Index and average wages improved—but for “wrong” reasons Washington. The latest monthly jobs report shows a surprising increase in U.S. non-farm payroll employment for May. Overall employment rose by 2.5 million jobs, with the unemployment rate declining to 13.3 percent. An evaluation of the data by researchers at the Coalition for a Prosperous…
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Editors note: As these current crises ebb, we need to get the focus back on currency misalignment that will hamper our recovery. The Treasury is delaying its currency manipulation report, possibly on the back of new tensions with China – which might be labelled again despite not meeting the criteria. We estimate that Vietnam, Taiwan…
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