Biden Administration Proposal to Increase Steel Tariffs Needs to be Wider in Scope
The Biden administration’s recently announced proposal to increase the steel and aluminum tariffs on Chinese products from 7.5% to 25% could be a mixed bag.
Economic View: Productivism is the Key to National Prosperity
US productivity growth has underperformed since the year 2000.
Mexico’s Violation of Steel Import Agreement is Threatening Local U.S. Economies
Steel imports from Mexico have surged far above historic levels, violating Mexico’s trade agreement with the U.S. and threatening local U.S. economies.
China’s Solar Firms Are Surviving on CCP Subsidies
China dominates all phases of global solar energy equipment manufacturing.
Currency Misalignment Monitor, April 2024
The April Currency Misalignment Monitor shows that the dollar continues to be heavily overvalued and major Asian currencies remain undervalued.
The Many Definitions of Reserve Currency and the Ceaseless Resulting Confusion
By Ken Austin[1] When I was in grad school, the dollar’s reserve currency status meant something very specific – foreign central banks bought and sold
Surge in Pharmaceutical Imports Threatens U.S. National Security as India/China Dominance Grows
KEY POINTS U.S. pharmaceutical imports have risen sharply in the last decade, with imports from China and India skyrocketing. India and China are increasingly the
Economic View: The Coming Solar Apocalypse…and How to Prevent It
Key Points With 86 Gigawatts of planned solar module capacity and some 30 Gigawatts of imports, the U.S. market faces huge oversupply of solar modules.
Economic View: Tariffs Have Strengthened the U.S. Economy
The 2018-2019 tariffs have created thousands of U.S. jobs.
China Faces Debt Meltdown. A Shift to Domestic Chinese Consumption is the Solution
China’s domestic consumption is 20 points lower than other major economies. It needs to raise consumption to address indebtedness and to raise living standards in China.
