rejectfreeadmin In 1791, Hamilton issued his Report on Manufacturers and a prime point he made was the importance of national self-sufficiency. As Hamilton argued: “Not only the wealth; but the independence and security of a Country, appear to be materially connected with the prosperity of manufactures. Read the article.
Reliance on Asia for microelectronics, or semiconductors, is increasingly seen as a big problem for the Department of Defense (DoD). While the U.S. designs chips, they are mostly all offshored to be made in Asia, led by Taiwan and South Korea. Read the article.
Orders placed with U.S. factories for durable goods rose in March, pointing to sustained investment in business equipment that is helping drive economic growth. Read the article.
61% of voters believe that increased imports have made the United States dependent on China for goods that are critical to the US economy and US national security. 60% of voters are opposed to China continuing to receive trade status as the most favored nation with the United States, giving the country a tariff of … Read More
Republicans in both chambers are backing trade language in the Senate’s China competition bill that would roll back some of the tariffs — instead of a more protectionist proposal from House Democrats. Republicans are balking at the protectionist trade provisions included in House legislation to help the U.S. economy compete with China, which passed the … Read More
The Coalition for a Prosperous America today called on the Federal Retirement Thrift Investment Board to abandon reported plans that it is poised once again to start investing the retirement funds of participants in the Thrift Savings Plan in companies owned or controlled by the Chinese Communist Party (CCP). Read the article.
The government is planning to firm up quality specifications for a broader range of imported products, as it intends to harden a crackdown on the inflows of substandard goods from overseas. Since substandard products are usually imported at much cheaper rates, they not just pose risks to consumer health and environment but also hit domestic … Read More
The ongoing Russian-Ukraine war and the unprecedented sanctions the United States and its allies have imposed on Russia could bring the world economy back to 1914, which signaled the end of early globalization and the revival of national and regional conflicts. Read the article.
When I asked for a level playing field, everybody thought this was a euphemism for protection. All we were saying was that the government should enable us to face foreign competition. Nobody listened to me, not from the media or anybody else.’ Read the article.
An overvalued dollar was highlighted as one of the main reasons why tariffs have failed to reduce trade imbalances with China. Members of the U.S. China Economic and Security Review Commission got a crash course in market access charges on Thursday. Read the article.
