Senate Dems turn on Biden over tariffs on China
“I’ve fought my whole career to stand up for Ohio manufacturers and Ohio workers when they’re forced to compete with cheap, unfairly subsidized imports – I’m not going to stop…
Solar Industry’s Employment Estimates Are Out of This World
The 30,000 jobs lost figure comes from a hypothetical exercise assuming that if tariffs are imposed on Southeast Asian solar panels, the full cost of the tariffs will be passed…
U.S. ‘Constructive Rebalancing’ With China Should Include Tougher WTO, Lower Trade Gap – Ro Khanna
China “distorts the markets with blanket subsidies, illegal dumping, intellectual property theft, and currency manipulation,”’ Khanna said. “The U.S. needs to work with our allies to pursue a broad WTO…
House Ways & Means Chairman Cites CPA Study on China’s Inflation Reduction Act Benefits
Chairman Smith also said that the IRA allowed companies, namely large electric utility companies, to use its tax breaks to pay for solar products imported from SE Asia. Almost all…
Solar Tariffs Up to 254% Risk Return in Congress Anti-China Push
The House Ways and Means committee voted Wednesday, with Democratic support, to advance to the floor a bill that would undo a two-year Biden administration pause on duties as high…
China Commission Warns of China’s Near Parity with US In Advanced Tech
“They have the scale and capacity beyond what we have at this point. We might be more creative and experimental, but ultimately the question is who can run with what…
Trade deficit hurts America
The promised benefits of free trade fell short, especially for the middle class. As a result of trade agreements, the trade deficit not only increased drastically, but the manufacturing sector…
One thing Biden and Trump have in common
A lot changed when President Trump left the White House in 2021 and President Biden moved in. But one thing didn’t: a protectionist effort to bring more production back to…
U.S. Domestic Market Share Index Slightly Increases
The Domestic Market Share Index (DMSI) was up 1.3% in 2022 from the third quarter, reflecting a slowdown in imports at the end of the year. For the entire year,…
Toy production hub in South China’s Shantou sees booming orders despite global challenges
China’s toy industry is facing uncertain factors such as slowing global demand and rising protectionism. To achieve long-term sustainable development, Chinese-made toys need to be “more high-end, intelligent and eco-friendly,”…