Cliffs CEO, Mrvan tout American supply chains: ‘Companies that have exporting jobs are suffering’
“What we have learned during the pandemic and the conflict that is going on in Ukraine is how important it is to be self-sufficient in producing our steel, how important…
CPA Applauds Wyden, Portman Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia
The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of…
The weaponization of interdependence — and other consequences of the war in Ukraine
The weaponization of interdependence has led some to forecast deglobalization. To some extent, this trend has been accelerating since the pandemic began, and now, with the sanctions response to the…
U.S. Trade Chief Says New Focus Needed as China Hasn’t Changed
U.S. trade chief Katherine Tai said it’s time to forget about changing China’s behavior and instead focus on rebuilding the U.S. industrial manufacturing base and making domestic investments to counter…
U.S. Exports More Diesel as Global Shortage Fuels Competition
The U.S. is exporting more diesel than it has in years as buyers in Europe and Latin America vie to secure supplies that have tightened since Russia’s invasion of Ukraine. Waterborne…
CPA Applauds Commerce Department for Initiating Investigation into Illegal Chinese Circumvention
The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce initiated an anticircumvention investigation into Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia that…
New World Order? Back-To-Back Punches Of Covid, War Rattle Globalisation
Larry Fink, the head of financial giant BlackRock, put it bluntly: “The Russian invasion of Ukraine has put an end to the globalisation we have experienced over the last three…
Canada to resume exports of P.E.I. potatoes to U.S. after potato wart halted trade
“Given the history of disease detections, U.S. potato growers fear that potato wart in Prince Edward Island is far from under control,” the council said in a statement, citing the…
U.S. Restores Waivers for Some Chinese Goods Hit by Tariffs
The Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020….
U.S., U.K. Reach Deal to Ease Tariffs on Steel and Aluminum
The deal will allow 500,000 metric tons of steel annually to be imported duty free, with higher amounts subject to tariffs, starting June 1, the Commerce Department said in a…