rejectfreeadmin British bike manufacturers are warning they face competition from a wave of cheap Chinese imports after Brexit as the U.K. abandons European Union anti-dumping rules. Brompton Bicycle Ltd. and Frog Bikes Ltd. are among firms saying they risk being undercut when the Brexit transition period ends on Dec. 31 and tariffs of up to 48.5% … Read More
“Free-market ideology must be tempered if we are to create equality, but we must be wary of lapsing back into protectionism. Today’s consumers do not want more and better goods and services for a reasonable price. Rather, they increasingly expect companies to contribute to social welfare and the common good,” says Klaus Schwab, founder and … Read More
Increasing trade protectionism will push companies to bring more production back to the US and Europe from Asia and they will need automation to reduce their costs, according to one of Europe’s leading industrialists. “In our case, we have been getting in a position of making sure we’re more local to local in manufacturing. We … Read More
If China’s economy — which is already recovering swiftly from the coronavirus shock — can stick to the growth trajectory of recent years, it’ll surpass the U.S. within the next decade. The prospect of ever deeper frictions with the U.S. underpins Xi’s strategy to accelerate plans to shield China from swings in the world economy. … Read More
We are already in danger of witnessing China’s surpassing the United States in critical areas economically, technologically, and militarily. It follows, then, that we must add an “American factor” to ensure that China does not successfully challenge America’s leadership in space. Read the article.
The Farm to Fork initiative might be at least partially driven by protectionist sentiment, but citizens around the globe have a right – through their governments – to demand better labeling, access to healthy food and stronger environmental protection. If the EU goes down this road in a WTO-consistent way, it will be up to … Read More
Surging global demand for everything from hazmat suits to work-from-home technology has allowed China, which contained the virus months ago, to capture record market share of global exports by quickly reopening its factories while the rest of the world grappled with lockdowns. It’s also an outcome that underscores the nation’s enduring role in manufacturing even … Read More
The United States economy suffers a $13.6 billion annual loss to its largest sector of American agriculture: the U.S. cattle industry. Because of this injustice, I am inviting every American to join a national grassroots campaign to raise awareness for immediate legislative or executive action to reinstate M-COOL for beef to support America’s hardworking cattle … Read More
According to the South China Morning Post, citing Dealogic data, so far this year, Chinese companies have raised $8.96 billion on US stock exchanges, more than triple the $2.6 billion raised in the first nine months of 2019. Read the article.
This past spring, Italy extended a labelling requirement on pasta through 2021. The label identifies where the wheat used to make the pasta is grown and milled. Italy says its consumers need the label to keep informed about food ingredients. That’s debatable. What isn’t debatable is that this “country of origin” label (COOL) is among … Read More
