Yellen says lifting China tariffs “premature” “‘The tariffs were put in place because we had concern with unfair trade practices on China’s side — and our concerns with those practices remains,’ she said. ‘So perhaps over time this is an area where we could make progress, but I would say it’s premature to use this as […]
Reshoring News
Do American citizens care where their products come from? Well, it depends on who you ask. Over the past few decades, the importance of “Made in America”—labels on products indicating production was done in the U.S.—has ebbed and flowed. As China has grown into the United States’ economic rival and geopolitical adversary, the distinction between […]
Tensions appear to be flaring up again between China and the United States, as the Chinese government restricts the export of two critical metals, germanium and gallium. These metals are key strategic resources that are used in semiconductors, solar panels, and even military applications. Restrictions on exporting these metals have been made in the interest […]
Chris’ note: Globalization is breaking down. And hundreds of thousands of manufacturing jobs that were shipped overseas are coming back to America. It’s part of the America Reborn theme we began exploring in yesterday’s dispatch. In short, we’re on the cusp of an economic renaissance few investors see coming. Today, you’ll hear from friend of […]
By Valerie Volcovici, Timothy Gardner and Kate Abnett BEIJING (Reuters) – As China and the United States meet this week in Beijing, the world’s two biggest carbon polluters will be looking for ways to cooperate in both domestic policy and international trade in bringing down greenhouse gas emissions as they try to recalibrate ties amid […]
This piece was first published by The Hill on July 8th. July 1 marked the third anniversary of the entry into force of the United States-Mexico-Canada Agreement (USMCA). It is an appropriate time to count our chips and assess, through additional data and experience with USMCA dispute settlement mechanisms, whether to let our “winning bet” […]
On a Zoom meeting from Heredia, Costa Rica, a northern suburb of the capital city San José, Gene Conley aims his laptop camera at the floor-to-ceiling windows of Boston Consulting Group’s newest global hub, located at Heredia’s Ultrapark I office complex. “You can see,” Conley narrates, “the beauty of San José and the mountains all […]
When the COVID lockdowns ended, there was a flurry of hope that logistics would get back to “normal.” It’s now clear that the old logistics “normal” is gone forever—and for many more reasons than just COVID disruptions. The U.S. is again facing a hotter and drier summer than usual, with lower-than-normal water levels on major […]
By now it’s a familiar theme, but the switch towards the ‘reshoring’ of manufacturing continues to gather pace, even though the practical barriers and financial hurdles linked to supply chain rationalisation have probably been underestimated. References to ‘onshoring’ and ‘reshoring’ have increased in earnings calls. But even if we assume that the ‘just in time’ mantra is […]
Projects and technologies that boost Europe’s global position in solar and energy storage were among the big winners as the EU splashed out €3.6bn ($4bn) of grants under its Innovation Fund programme. The fund – which uses revenue from the bloc’s Emissions Trading Scheme – handed out cash to 41 projects after its latest call […]
