Tag: trade

November 3, 2016

As part of a series of thoughtful papers for the next administration focused on economic policy and equitable growth, MIT labor economist David Autor argues that the damage caused by “China shock” is mostly behind us, and the focus should […]

October 31, 2016

China’s factories may be on the cusp of delivering a new shock to the global economy after years of undercutting rivals with cheaper costs. This time, increases in prices could reverberate around the world. To understand why, consider the dilemma […]

September 29, 2016

.S. aluminum makers are calling for a “meaningful dialogue” with Chinese authorities in a bid to end incentives and subsidies that they say are fueling a global glut and squeezing U.S. producers out of the market. The Aluminum Association is […]

September 16, 2016

Republican Presidential candidate Donald Trump hit out at Ford Motor Co. for moving its production of small cars to Mexico, saying it should not be permitted to happen. Speaking in Flint, Michigan, the economically depressed former home of General Motors […]

September 14, 2016

The Commerce Department issued a preliminary ruling on Monday that imports of stainless steel sheet and strip products from China were being unfairly dumped into the U.S. market at prices below fair market value. Duties ranging from 63.86 percent to […]

September 12, 2016

Beijing pulled out all of the stops to ensure smooth and pleasant G20 proceedings in the eastern city of Huangzhou. Security was reportedly tight as a drum. The locals were given a “seven-day public holiday” and encouraged to clear out […]

September 7, 2016

A new “Global Forum” will work to address global steel overcapacity, but more approaches are needed. Well, it’s a start. China didn’t want to talk about it — but G20 leaders made sure that China’s out-of-control steel overcapacity dominated much […]

September 2, 2016

President Obama is out and about this week. On Thursday, he hit the Lake Tahoe Summit to deliver remarks on the environment. Today, he’s hit Hawaii before he flies on to Midway Atoll for another reflection on his administration’s environmental […]

August 10, 2016

China has made a lot of promises to cut back on its big steel capacity problem. These promises came only after other countries started complaining and raising trade barriers (America included). But making good on them has proven to be […]

July 21, 2016

Mexico may surpass India by 2020 as the sixth largest vehicle producer globally, according to the Mexican Association of Automotive Industry. The automotive industry accounts for 18% of Mexico’s manufacturing sector and 3% of its national gross domestic product. Mexico’s […]

July 14, 2016

Every four years, the American manufacturing sector is thrust into the national spotlight. Politicians, media scrums in tow, roll up their sleeves to tour battleground state factories and hold televised rallies back-dropped by assembly lines. Their campaigns – or, in […]

July 13, 2016

Representatives from several industries are on Capitol Hill this week to brief Congressional staff on why China should not be granted market economy status at the end of 2016. The Manufacturers for Trade Enforcement coalition — of which the Alliance […]

June 30, 2016

It is too soon to measure the impact of the British vote to leave the EU on General Motors, but the decision will likely not have much effect on the company in its home market, GM’s chief economist said on […]

June 23, 2016

We’ve got a bit of news from the U.S. International Trade Commission (ITC) today, which okayed duties on imports of cold-rolled steel flat products from China and Japan. Last month, the Commerce Department announced anti-dumping duties of 266 percent on this product […]

June 17, 2016

The Federal Reserve Bank of Philadelphia said that manufacturing activity rebounded in June after contracting in both April and May. The composite index of general business activity rose from -1.8 in May to 4.7 in June. It was only the […]

June 16, 2016

Factory production fell more than forecast in May, reflecting declining output of vehicles and business equipment that show U.S. manufacturing is still hobbled by weak global demand. The 0.4% decrease in output followed a revised 0.2% advance in April, data […]

June 7, 2016

Not The Onion. Well, this is interesting. The U.S.-China Strategic & Economic Dialogue is happening in Beijing right now, and industrial overcapacity is at the top of the agenda. China is producing far more steel, aluminum and other commodities than […]

May 27, 2016

The International Trade Commission held two hearings this week looking at whether countries like China have dumped hot-rolled and corrosion-resistant steel into the U.S. market. If the ITC determines the obvious — that yes, China and a handful of other […]

May 24, 2016

Last week, the U.S. International Trade Commission (ITC) announced tariffs that were described as “massive” on imports of cold-rolled steel from China. Cold-rolled steel is the kind of steel that ends up in cars and appliances. This week, the ITC will be […]

May 16, 2016

Baoshan Iron & Steel Co., China’s second-largest steelmaker, urged a U.S. trade agency to reject a complaint filed by U.S. Steel Corp. to block imports from the Asian nation. “Never before has a single company sought to use this agency […]