Supply Chain Crisis, Not Tariffs, Stoked Inflation
Inflation wasn’t pushed higher by China tariffs imposed in 2018. It was caused by record-breaking government spending during the pandemic, and supply chain snafus. The supply chain woes that began…
Protectionism: trade restrictions reach an all-time high
During the Covid-19 pandemic, many countries restricted exports of medical goods like vaccines and foodstuffs. More recently, Russia’s war in Ukraine and competition between the US and its allies with…
Katherine Tai Says Globalization No Longer Sustainable
When efficiency and low cost are the only motivators, production moves outside our borders. It becomes increasingly consolidated in one economy—such as China — which manipulates cost structures, controls key…
Protectionist food trade policies — ‘EU’s obsessively unilateral embrace of organic farming is intransigent, impractical, and inconsiderate of other nations’
Last year, the EU announced that it would demand importers refuse any food products treated with neonicotinoid insecticides, despite the fact that EU member countries still have emergency derogations for…
US must retaliate over European Union’s anti-Google protectionism
Strangling the business operations of one of America’s most successful companies, a company that employs 190,000 people and has a market value of over $1.5 trillion, is a direct economic…
CPA Applauds Senators Cassidy, Baldwin and Vance for Bill to Limit Damage of “De Minimis” Import Loophole
A poll of registered voters, conducted by Morning Consult on behalf of the CPA, shows an overwhelming majority (81%) of voters—including 79% of Democrats; 75% of Independents; 86% of Republicans—support…
CPA Applauds House Bill Seeking to Ban Securities of Foreign Adversaries from Private Pension Plans
U.S. government policies to restrict capital flows to China first began under the Trump Administration and have continued with President Biden. Export controls for tech companies selling to China, coupled…
7 textiles companies in the Carolinas get a visit from D.C. textiles official
“We look forward to working closely with Dr. Agama, the USTR textile team and U.S. Trade Representative Ambassador Katherine Tai to advance policies that provide incentives for onshoring and nearshoring…
Netherlands Steps Up China Chip Spat With Probe Into Nowi Deal
The Dutch government will start an investigation into the takeover of a local chipmaker by a Chinese-owned firm as the Netherlands steps up controls of the industry amid a chip…
Sunak warns against ‘blanket’ protectionism to counter China
he UK is taking a more “targeted and specific” approach in areas where China poses the greatest threat to its economic security, Sunak told the London Defence Conference on Tuesday…