In part two of a two-part series on the USTR hearing on the solar safeguard extension, a look at what solar manufacturers and the opposition told the Trade Committee as they wait for President Biden’s word on tariffs.
The USTR recently held a hearing among stakeholders regarding the extension of the Section 201 safeguard tariffs for solar. Here’s an overview of what’s at stake and why John Kerry is the Joker’s Wild.
The U.S. will break a $1 trillion goods trade deficit with the world this year. Neither pandemic, nor supply chain bottlenecks, nor trade war tariffs could stop it as tariff circumvention to SE Asia and a strong dollar make importing easy.
Michael Stumo \ December 23, 2021 \ Inside Sources Much has been made in the news lately regarding America’s shortage of consumer goods. Increased consumer demand
Recent supply chain bottlenecks of hospital gear shows why continued dependence on Asia is bad for pandemic preparedness. The Make PPE in America Act in the infrastructure law should remedy this in the years ahead, if Congress doesn’t open the doors to duty-free PPE and undercut the law’s intent.
An eye-opening exclusive by the WSJ shows just how much time and energy is being spent by American companies and Silicon Valley venture capitalists investing in semiconductor production…in China. The U.S. needs the CHIPS Act passed this year.
In a House Financial Services Committee hearing on Thursday, Congress appears frustrated in stopping illicit supply chains, and worries about China’s growing resource dominance in high tech and clean tech supply chains.