Amazon Business May Thwart ‘Buy American’ Procurement Push
President Joe Biden’s Jan. 25 push to have federal agencies buy more from U.S. manufacturers is likely to clash with the government’s recent selection of Amazon for small-scale purchases by federal employees…
How Biden Is Repeating Trump’s Mistakes
The new president is doubling down on the counterproductive “Buy American” mandate, which even The Washington Post observes is “awful economics.” That’s correct. Among other things, “Buy American” provisions force the…
China vs. USA: Who will be the largest world economy?
Ant Group, a tech giant, is going public at home in China and not in the US. Yet while China’s economy is huge, its progress is dampened by protectionism from…
Brexit Sparks Battle on Chinese Bikes as U.K. Ends EU Levies
British bike manufacturers are warning they face competition from a wave of cheap Chinese imports after Brexit as the U.K. abandons European Union anti-dumping rules. Brompton Bicycle Ltd. and Frog…
Post-Covid capitalism: time to start questioning old assumptions
“Free-market ideology must be tempered if we are to create equality, but we must be wary of lapsing back into protectionism. Today’s consumers do not want more and better goods…
Atlas Copco chief sees growth in automation as onshoring intensifies
Increasing trade protectionism will push companies to bring more production back to the US and Europe from Asia and they will need automation to reduce their costs, according to one…
China’s New Growth Plan May Push Economy Past U.S. Within Decade
If China’s economy — which is already recovering swiftly from the coronavirus shock — can stick to the growth trajectory of recent years, it’ll surpass the U.S. within the next…
EU’s ‘farm to fork’ demands could mean indigestion for US food exporters
The Farm to Fork initiative might be at least partially driven by protectionist sentiment, but citizens around the globe have a right – through their governments – to demand better…
China Bolsters Its Dominance of Global Trade
Surging global demand for everything from hazmat suits to work-from-home technology has allowed China, which contained the virus months ago, to capture record market share of global exports by quickly…
China Fundraising On US Stock Markets This Year Hits $9 Billion, Tripling 2019 Level
According to the South China Morning Post, citing Dealogic data, so far this year, Chinese companies have raised $8.96 billion on US stock exchanges, more than triple the $2.6 billion…