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
“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
Why have the Chinese been allowed to buy American companies and investment property when China limits Americans to owning only their personal residence in China? Americans are allowed to buy stock in Chinese companies, but are denied majority ownership that allow any control. Read the article.
A key factor to understand is that all WTO decisions are made on the basis of consensus. This means the victor should, theoretically, have the complete backing of all 164 members. A successful candidate must therefore earn support from all regions and all levels of prosperity. The big economies like Japan and the U.S. are … Read More
South Korea’s ramped-up efforts to get companies to relocate home from China are failing to gain momentum even as the pandemic and U.S.-China trade tensions highlight the risks of over-reliance on China as a manufacturing base. Only 80 firms out of thousands with links in China have returned part of their operations home since Korea … Read More
“Unfair currency practices can harm U.S. workers and businesses that compete with Vietnamese products that may be artificially lower-priced because of currency undervaluation,” Lighthizer said in a statement. Trade Representative Robert Lighthizer announced the so-called 301 case late Friday in Washington, which will also target the Asian country’s import of illegal timber. Read the article. … Read More
We cannot let China surpass us to become the world’s number one superpower economically, technologically, and/or militarily. If we do, will Americans take to the streets chanting, “We’re number two, we’re number two!”? I doubt it. Second place means second tier and second rate. That’s not America. Read the article.
The U.S. has blocked imports of palm oil and palm oil products from Malaysia’s FGV Holdings Bhd., one of the world’s largest producers. Shipments from the company and its subsidiaries will be held back at all ports of entry effective Wednesday, the U.S. Customs and Border Protection said in a statement. The order is based on what … Read More
