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.
SORRY, CHINA. MOST AMERICANS SUPPORT HIGHER PRICES ON YOUR IMPORTS.
61% of voters believe that increased imports have made the United States dependent on China for goods that are critical to the US economy and US national security. 60% of…
With Trump gone, Republicans look to weaken his China tariffs
Republicans in both chambers are backing trade language in the Senate’s China competition bill that would roll back some of the tariffs — instead of a more protectionist proposal from…
CPA to Federal Retirement Board: Investing Federal Pension in Chinese Companies is Economic Treason
The Coalition for a Prosperous America today called on the Federal Retirement Thrift Investment Board to abandon reported plans that it is poised once again to start investing the retirement…
Govt to widen crackdown on low-grade imports
The government is planning to firm up quality specifications for a broader range of imported products, as it intends to harden a crackdown on the inflows of substandard goods from…
Russian-Ukraine War Could Bring The World Economy Back To 1914
The ongoing Russian-Ukraine war and the unprecedented sanctions the United States and its allies have imposed on Russia could bring the world economy back to 1914, which signaled the end…
Why Rahul Bajaj joined the ‘protectionist’ Bombay Club
When I asked for a level playing field, everybody thought this was a euphemism for protection. All we were saying was that the government should enable us to face foreign…
China Commission: ‘Overvalued Dollar’ is a Real U.S. Trade Problem
An overvalued dollar was highlighted as one of the main reasons why tariffs have failed to reduce trade imbalances with China. Members of the U.S. China Economic and Security Review…
Sanctions and protectionism make life in America more expensive
This writer says that sanctions and protectionism are ONLY (as in nobody else) hurting Americans: “Sanctions and trade protectionism, which may gain short-term political gain, are only hurting Americans in…
Will EU’s hawks kill off free trade with Asia?
“The tariffs have certainly worked,” Roberto Magnaghi, director of Italy’s national rice agency, told Asia Times in January. In 2019, the EU slapped what were ostensibly protectionist tariffs on imports…