The cost of the U.S. trade war with China is still adding up

“Many firms listed how the tariffs have led to a decrease in wages and employment, as well as less investment in domestic research and development (R&D). Firms have also noted the difficulty in sourcing alternative inputs, the added challenges posed by retaliatory tariffs from China, and the lack of concrete change to China’s behavior since the tariffs’ implementation.”

[Council on Foreign Relations]

No plans to replicate North American trade deal, Tai says

“Tai went on to note that the U.S. currently has more free trade agreements with Western Hemisphere countries than any other region, and seemed to imply that those deals were NAFTA-like in their outdatedness.”


Europe takes tougher stance toward China in boost to U.S. policy

“The US and the EU have been working to develop tools to slow China’s progress in fields including semiconductors and defense. The allies are discussing export controls, tighter screening of investments and increased cooperation on critical materials.”


Biden administration ramps up data exchange program to boost U.S. supply chains

“Data exchange may involve incoming container demand or available supply-side assets to move goods like terminal slots, tractors, chassis, and warehouse space, the Transportation Department said.”


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