To read the history of China analysis in the last 30 years is to be bombarded with predictions of imminent demise. Skeptics said, just poke beneath the surface, and the reality was an unsustainable bubble. Read the article.
The European Union may delay digital tax proposals to give countries move time to hammer out a deal and avert a transatlantic trade war, a top official from the bloc said. “The difficult question that we must face collectively is when is the right moment to move with Plan B,” said Benjamin Angel, Director, DG … Read More
The U.S. announced 25% tariffs on a series of French goods worth about $1.3 billion, in a long-running battle between the two countries over taxes on technology giants. “We call on the U.S. to return to the OECD negotiations on taxing digital giants,” Finance Minister Bruno Le Maire said in Brussels. “Sanctions are not a … Read More
The House and Senate parliamentarians have cleared the way for votes on a pair of resolutions to withdraw from the World Trade Organization in late July, after Congress returns from a two-week recess. Read the article.
The US has opened the door to the imposition of new tariffs on China to protect its fishing industry, especially the lobster fishermen, which it considers “the crown jewel” of the sector. Read the article.
This month marks 90 years since the US signed into law the Smoot-Hawley Tariff Act (SHTA). It was formally called “An Act to provide revenue, to regulate commerce with foreign countries, to encourage the industries of the United States, to protect American labor, and for other purposes”. Read the article.
The Chamber of Commerce and the other trade groups associated with it gussied up their plea to stop the “Buy America” mandates as being in the American interest. It’s all for the American good, they argued. But the fact is that the Chamber of Commerce does not represent America. It’s the front group for the … Read More
With all we are facing today, with all the fear and outright transformation of our entire society, it might seem odd that a group of medical organizations would sign a letter opposing American independence in the production of medicines and medical equipment. You would think that in the crisis these groups would want to see … Read More
A Nielsen Company study found “shoppers are exhibiting signs that they may steer away from products that traveled long distances with multiple human touchpoints…” and that “consumers have generally displayed strong preferences for local dairy and fresh produce brands and products versus those coming from further afield.” The U.S. has some of the healthiest and … Read More
Bill Bullard, R-CALF USA CEO says meatpackers and importers from as many as 20 foreign counties are feeding the American market with cheaper beef and passing it off to unsuspecting consumers as a domestic product with “Made in the USA” labels. Congress bowed in 2015 to the World Trade Organization (WTO), which ruled COOL as … Read More
