Mexico Is Growing as New China Hub; 2024 Exports Already Breaking Records
Mexico is fast becoming a new hub for China offshore investment and exports.
Senator Sherrod Brown Questions Wisdom Of IRA Tax Credits For China Solar Giants In Hearing
“Our tax code is supposed to support American manufacturers in building out genuine domestic supply chains. It shouldn’t be exploited by the Chinese Communist Party,” said Brown.
Did the General Services Administration Break “Buy American” Laws In Purchase Of Owl Labs Video Cameras Made in China?
Owl Labs of Massachusetts may look like an American company, but other than the U.S.-based venture capital that funds it, and the intellectual property behind it, their 360-degree video cameras are made in China.
Why the Nippon Steel Deal Has Steel Workers in a Panic
The Nippon Steel proposed acquisition of U.S. Steel has the United Steelworkers Union (USW) worried that, eventually, integrated steel mills will be closed in favor of imports from Japan.
US Steel’s Potential New Buyer Riddled With Decades Long Anti-Dumping Charges
Go to U.S. Steel’s website and it looks like a done deal: Nippon Steel, the fourth largest steel producer in the world, is already the assumed new owner of America’s oldest, most storied steel company, formed in 1901 when J.P. Morgan financed the merger of three steel companies.
Year Begins With 5.4% Rise In Trade Deficit to $67 Billion
January 2024 posted a 5.4% gain in the monthly goods and services deficit, rising to $67.4 billion, the Bureau of Economic Analysis reported today.
What China’s ‘Return to Manufacturing’ Policy Means
Wolfe told the Commissioners on Monday that he doubts countries will be able to tolerate the deluge of China exports, adding that he sees no end in sight to this onslaught for the time being.
Southeast Asia Now A Trio Of Mini-Chinas Producing Solar for US Market
Three Southeast Asian nations have become China’s “Mini Me” when it comes to the solar supply chain.
Prosperity Summit Wrap: Industry Leaders Share Concerns With Congressional Staffers
Roughly 40 congressional staff members had a chance to meet with and hear from industry leaders as diverse as Florida farmers to multinational corporations in the renewable energy space about the trials and tribulations of competing with emerging markets that play by different rules. And often break existing ones.
Lighthizer: “A New Consensus on Trade is Emerging”
“We are seeing a new consensus on trade. A lot of credit goes to President Trump and a lot of it goes to a bunch of working class Democrats,” Robert Lighthizer said at the first-ever Prosperity Summit.
