Blogs

What are Some Ways to Reduce the Trade Deficit

By Michele Nash-Hoff

The trade deficit for 2021 with China grew 14.5% for the full year to $355.3 billion, as imports increased sharply because businesses were restocking shelves to meet robust domestic demand. This increased the decline that followed then-President Donald Trump's policies aimed at reducing the deficit with tariffs and purchase targets.

China is a Threat to our National Security

On November 17, 2021, the U.S.-China Economic and Security Review Commission held a virtual public release of its 2021 Annual Report to Congress in Washington, DC.  This report provides “a review of economics, trade, security, political, and foreign affairs developments in 2021” with a focus on the “CCP's economic and technological ambitions, the Chinese government’s evolving control of the corporate sector, U.S.-China financial connectivity and risks to U.S.

Industrial Policy Must Protect American Manufacturers

By Michele Nash-Hoff

On November 29, 2021, the Peterson Institute for International Economics released a 110-page brief, titled “Scoring 50 Years of  US Industrial Policy,  1970–2020,” which reviews “lessons learned from half a century of US industrial policy” with regard to what worked and what didn’t.  

 

Inventors’ Rights Must Be Restored

By Michele Nash-Hoff

Ever since the Leahy–Smith America Invents Act (AIA) was passed in 2011, there have been bills introduced in Congress with the purported purpose of restoring inventors’ rights and fixing some of the problems generated by that Act. None of these bills were passed by both the House and Senate, and most didn’t even get out of committee for a vote. A few of these bills would have actually made matters worse, so it was a good thing they didn’t pass.

 

American Manufacturers and Consumers Funded Chinese Military Buildup

By Michele Nash-Hoff

Major retailers and thousands of small businesses face a bleak holiday season without Chinese goods to sell because of the long line up of container ships from China waiting to enter major ports to offload their cargo. 

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