…puts it in the self-reliance camp. The plan will focus on domestic investment in advanced technology. It was partially unveiled by Communist Party leader Xi Jinping in May, when he…
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Markets plunge on Xi Jinping virus, oil war, Fed rate cut
…US exports remain higher-priced in China than competitive products, and therefore private companies won’t find them attractive. To meet its purchase commitments, Beijing will therefore have to pressure SOEs to…
US seeks limited trade agreements with India, Japan, not China
…goes against President Trump’s policy of trying to discourage US companies from investing abroad, Trump hasn’t been complaining about companies off-shoring to India as much as he has to locations…
US rejects EU’s “Farm to Fork” initiative
…initiative for agriculture dubbed “Farm to Fork.” The initiative is a central part of the European Green Deal. The European Commission writes: We need to redesign our food systems which…
The Biden tax and spending program will destroy the American economy
…tax rate in the US to 33.4%. How will that affect the competitive position of US-based corporations? That 33.4% will be competing with Europe’s 19% and Asia’s 21.6% corporate tax…
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