Canadian Manufacturers Face a New Buy American Policy on Construction Materials
Once again, the Canadian Manufacturers face a risk of being hit by U.S. Protectionism and need to fight for necessary exemptions. Challenges were raised after the Biden Administration announced new…
U.S. Lifts Tariffs on Ukrainian Steel in Symbolic Move
The Biden administration announced it is lifting tariffs on Ukrainian steel for one year, a mostly symbolic move by the U.S. to boost the war-torn country’s economy. The duties being suspended…
Here are the 53 Senators Who Want to Cut China Tariffs
A bipartisan group of Republicans and Democrats support including the pro-China trade provision in the Senate USICA bill in the new Bipartisan Innovation Act. Read the article.
Sen. Hawley Calls on Biden Admin to Keep Tariffs on Chinese Goods Intact
Sen. Josh Hawley, R-Mo., requested the Biden administration keep tariffs on Chinese goods in place, while also calling for an investigation into China’s alleged unfair trade practices, citing a letter…
The dangerous new anti-globalization consensus
The long-time critics of globalization who warned us that it would end badly are having a told-you-so moment. Porous borders, free trade, and thinly stretched supply chains would make the…
What would Hamilton say about China?
In 1791, Hamilton issued his Report on Manufacturers and a prime point he made was the importance of national self-sufficiency. As Hamilton argued: “Not only the wealth; but the independence…
Semiconductor Manufacturing Becomes Problem for Defense Industry, Senate Armed Services Committee Says
Reliance on Asia for microelectronics, or semiconductors, is increasingly seen as a big problem for the Department of Defense (DoD). While the U.S. designs chips, they are mostly all offshored…
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…