China recently became the world’s largest car exporter, and by all accounts their global market share will keep expanding. One silver lining, at least, is that more and more leaders are figuring out that absent tariff increases, our nation will become a slave to foreign nations that do prioritize production.
The Wall Street Journal has started 2024 bemoaning tariffs. They are for losers, the WSJ Inside View columnist Andy Kessler wrote in December, ending 2023 with a taste of what is expected to come this year, an election year.
Washing machine tariffs were a success, as measured by over 2,000 new jobs, more competition, no sustained effect on washing machine prices and economic stimulus with the construction of new factories.
Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (CPA) called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government. According to a report by…
by MICHAEL STUMO For the first time, the United States has become dependent on other countries for food. Even though U.S. farms continue to produce cereals and grains, America’s reliance on imported meats, fruits and vegetables is surging. It doesn’t have to be this way — the United States could grow its food and support…
Americans are understandably worried about internet privacy. In particular, they fear their personal information could be hacked at any time. And if you ask them whether China should have access to their social security numbers, credit cards, and banking info, the answer would be a resounding “No.” We live in a digital world, though. And…
Yarns and fabrics from Asia are finding their way into the U.S. through a free trade deal that’s not meant for them. Kim Glas of NCTO discusses the impacts.
The deficit fell in August thanks to US crude oil exports and autoparts shipments to Mexico, for example. But overall, the goods deficit rages on and will break $1.03 trillion this year.