Tariffs could have helped us avoid the current inflation spike
Low prices rely on the good behavior of countries like Russia and China (whom we have no reason to trust). But now, the proverbial chickens have come home to roost….
World’s Top Alumina Supplier Australia Bans Exports to Russia
Australia, the world’s biggest exporter of alumina, announced a ban on shipments to Russia. Alumina is the key ingredient for producing aluminum. Read the article.
Canadian Manufacturers Face a New Buy American Policy on Construction Materials
Once again, the Canadian Manufacturers face a risk of being hit by U.S. Protectionism and need to fight for necessary exemptions. Challenges were raised after the Biden Administration announced new…
U.S. Lifts Tariffs on Ukrainian Steel in Symbolic Move
The Biden administration announced it is lifting tariffs on Ukrainian steel for one year, a mostly symbolic move by the U.S. to boost the war-torn country’s economy. The duties being suspended…
Here are the 53 Senators Who Want to Cut China Tariffs
A bipartisan group of Republicans and Democrats support including the pro-China trade provision in the Senate USICA bill in the new Bipartisan Innovation Act. Read the article.
Sen. Hawley Calls on Biden Admin to Keep Tariffs on Chinese Goods Intact
Sen. Josh Hawley, R-Mo., requested the Biden administration keep tariffs on Chinese goods in place, while also calling for an investigation into China’s alleged unfair trade practices, citing a letter…
The dangerous new anti-globalization consensus
The long-time critics of globalization who warned us that it would end badly are having a told-you-so moment. Porous borders, free trade, and thinly stretched supply chains would make the…
What would Hamilton say about China?
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…
Semiconductor Manufacturing Becomes Problem for Defense Industry, Senate Armed Services Committee Says
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…
Firm U.S. Durable Goods Orders Underscore Resilient Investment
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.