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.
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.
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…
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.
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.
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?
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.
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.
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.
The recent and ongoing National Defense Authorization Act was an emotional debate over Buy America provisions. Where do our Congressional leaders come down on this issue? Do local manufacturers have any allies in Washington?
