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,”…
US-Japan Alliance to Do ‘Great Harm’ to China’s Chip Ambitions
Japan’s decision to join the US and Netherlands in restricting exports of chipmaking gear to China is giving the allies powerful new weapons to deploy in the escalating technology war….
Biden’s trade rep fires back as Republicans escalate attacks
House Republicans grilled U.S. Trade Representative Katherine Tai on Friday over the Biden administration’s decision not to negotiate new tariff-cutting agreements that would require approval by Congress, provoking the normally…
Katherine Tai Holds Ground on Free Trade, Market Access, in Senate Finance Hearing
“With respect to each individual partner and with respect to the U.S. economic situation, we have to make sure that our trade policies are tailored to the needs of our…
Biden Trade Chief Says Traditional Agreements Created Problems
US Trade Representative Katherine Tai told lawmakers that some tariff-lowering agreements have made the US economy vulnerable, and the Biden administration wants to address the problem with a fresh approach…
CPA Supports Hawley Bill to End Normal Trade Relations with China
“China did not—as supporters of granting China MFN wrongly predicted—become more open, democratic, and free market-oriented. Instead, the CCP used autocratic state planning strategies, forced labor, intellectual property theft, and…
New Zealand Exporters Need to Diversify Beyond China, PM Says
New Zealand Prime Minister Chris Hipkins urged his nation’s exporters not to rely so heavily on China, saying it’s important for them to diversify in an uncertain world. China remains…