Is Russia About to Lose Permanent Normal Trade Relations with the West?
Canada said it will no longer grant Russia “normal trade relations” status and the EU is moving in that direction. The U.S. might be next.
The Anatomy of the China-Russia Axis Alliance
Should Washington move to sanction China for “aiding and abetting” Russia’s military operation in Ukraine? If more sanctions are imposed on anyone, Washington must make rebuilding supply chains domestically a core part of that policy to reindustrialize the U.S.
Goods Trade Deficit Tops $1 Trillion, Equivalent The Size of the Mexican Economy
The U.S. broke the trade deficit sound barrier in 2021, hitting $1.09 trillion. Why tariff policy isn’t enough to stem the tide of imports.
Opinion | A “Made in America” Fix for U.S. Supply Chain Woes
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 in the wake of the COVID pandemic has led to global shortages of many industrial products. And with cargo ships backed up and waiting to enter America’s congested west coast ports, there’s…
House Committee Hearing on Supply Chain Challenges: No Immediate Fixes
The House Committee on Transportation and Infrastructure expects supply constraints to last into early 2022. Rep. John Garamendi of California highlights “tremendous trade imbalances” as one reason for the bottlenecks, caused by a surge in demand for Asian made goods.
House Hearing on Clean Energy Reveals Division, Asian Dependence, and Doubts
A House Energy and Commerce Committee hearing on clean energy technologies shows division among the parties, with one main agreement: the U.S. will lose out on this market if Washington allows for dependence on Asia for solar, wind and EV battery materials.
Tainted Blood Pressure Medication from India Can ‘Change Someone’s DNA’
An Indian drug market that’s been the subject of FDA warnings since 2017 is the apparent source of tainted medication sold in the U.S. and Canada. This is another example as to why we need to reshore critical supply of essential medication. Where is Congress?
Global Supply Chains Now Hostage to China’s Energy Rationing
China’s energy rationing hurts American supply chains already in trouble. Diversification away from China should continue full speed ahead for anyone concerned with economic security.
An ‘Inevitable Decline’ of U.S. Manufacturing? Here’s Another Way to Stop It.
CPA member Doug Berger started Industry Reimagined 2030 this year. Here is how he imagines it. Hint: he doesn’t think the government can fully protect us, or throw money our way forever. Something else has to be done.
China Blackouts Should Serve as Another Reason to Vacate the Premises
Whether China’s energy crunch is Beijing climate policy shooting some provinces in the foot or not, blackouts and factory closures will pressure U.S. supply chains that remain overly reliant on China. It’s time to move out of there.