R-CALF USA, a trade group representing U.S. cattle and sheep producers, appealed to USTR Katherine Tai for “immediate action to protect America’s lamb producers” against “unrestrained and ever-increasing importation of foreign lamb and mutton that do not meet the United States more stringent production standards.” Such imports pose an existential threat to U.S. farmers, according … Read More
By a factor of 91 in favor and only six against, the Senate voted in late July to restrict outbound investment into China advanced semiconductors and computing, as well as technologies that can have both civilian and military use. Former Treasury Secretary Larry Summers cautioned against restrictions on outbound investments to China. The Senate did not … Read More
A new report from Parents Defending Education, a grassroots organization focused on education, says that over time, China has reached into 143 school districts in 34 states and the District of Columbia through its Confucius Classrooms program, giving schools $17,967,565.12 since 2009. Read the article.
In the past, economists assessing the performance of industrial policies often focused on indicators such as import tariffs, capturing only limited dimensions of such measures and conflating their objectives with others. A new generation of research efforts takes a more productive approach – and reaches very different conclusions. Read the article.
U.S. President Joe Biden’s economic policies depart sharply from those of former President Donald Trump, but both share a commitment to limiting the risks of trade with China and an ambivalence toward market-driven globalization. Notably, Biden has kept Trump’s tariffs on Chinese imports. Biden’s policies favor cooperative arrangements to harmonize labor, environmental and industry standards, … Read More
The Biden administration is assessing the challenge posed by China’s rapid rise in electric vehicle manufacturing and export, an official from the Office of the U.S. Trade Representative said on Thursday, noting the issue is among those the agency is considering as it finalizes its mandated review of Section 301 duties on Chinese goods. China’s … Read More
“It takes a lot to turn that around, and it also takes a view that is beyond ‘this will be something the market sorts out’,” he said in an interview in Canberra on Wednesday. “We had that opinion that the market would sort things out, and then we ended up being dependent on concentrated supply … Read More
A group of U.S. mattress and bedding manufacturers and two labor groups have filed a petition alleging mattresses from 12 countries are being sold at below-market rates, while those from a 13th country are benefitting from government subsidies. The filing accuses exporters in Bosnia and Herzegovina, Bulgaria, Burma, India, Italy, Kosovo, Mexico, Philippines, Poland, Slovenia, … Read More
Industry data from U.S. domestic steel manufacturers also shows that Mexican steel producers are deliberately pricing more than 25% less than American-made products. For example, wire rod from Mexico was priced at 32 cents per pound Free on Board (FOB) mill in May 2023 compared to 55 cents per pound FOB mill for U.S. wire … Read More
China has imposed a series of official and unofficial trade barriers in recent years against Australian exports including coal, wine, barley, beef, seafood and wood. The barriers are widely seen as a punitive reaction to Australian government policy that has cost Australian exporters as much as $15 billion a year. Read the article.
