A group of Republicans led by Rep. Chip Roy (R-Texas) is set to introduce a bill aimed at bringing manufacturing back to the United States and restoring economic independence from China. Despite rising political tensions between the world’s top two economic powers, U.S. trade with China has steadily grown, setting a new record last year….
EXCLUSIVE: Rep. Chip Roy to Roll Out Bill Aimed at Cutting Manufacturing Reliance on China
February 9, 2023
admin
Asia & PacificChinaChip RoycongressmanufacturingNational SecurityPoliticsRepublicanssupply chaintaxThreat from Communist ChinatradeUSUS NewsUS-China relationsWorld
0 Comment
Russian Businessman Goes on Trial on US Hack-and-Trade Charges
BOSTON—A Russian businessman with ties to the Kremlin made tens of millions of dollars trading on secret financial information obtained by hackers about multiple companies before it was public, a U.S. prosecutor said Monday at the start of his trial. Vladislav Klyushin, 42, and his associates made nearly $90 million trading stocks based on yet-to-be-announced…
Republicans Introduce Bill to Strip China of Permanent Trade Status
January 27, 2023
admin
CCPChinaChina Business & EconomycongresseconomyFinance & Business TiesInternational RelationsPoliticsRepublicansSpecial TopicsThreat from Communist ChinatradeUSUS NewsUS-China relations
0 Comment
A group of Republican lawmakers is introducing legislation that would strip communist China of its special permanent trade status with the United States. The “China Trade Relations Act” was introduced on Jan. 27 by GOP Sens. Tom Cotton (Ark.), Rick Scott (Fla.), Ted Budd (N.C.), and J.D. Vance (Ohio). The legislation would end China’s permanent…
Japan Marks Record Trade Deficit on Soaring Energy Imports
TOKYO—Japan recorded a record high trade deficit for 2022 of 19.97 trillion yen ($156 billion) as energy imports surged, the Finance Ministry said Thursday. The deficit was the biggest since Japan began keeping comparable records in 1979, the ministry said. Both imports and exports jumped to record highs. Exports, led by autos, rose 18 percent…
Who’s Getting Rich From Moroccan Hash | Documentary
December 29, 2022
admin
Arts & CultureArts & TraditionBrightBusinesscannabisdocumentariesdocumentaryEpoch CinemaEpochTVexporterFilm & TVGettingillegalinvestigatingmoroccanPoliticsrichSubscribers Onlytrade
0 Comment
This film is only available in the United States because of territorial licensing. In the vast Rif region of Morocco, cannabis farms stretch as far as the eye can see. This illegal trade is a lucrative one, yet many of the half a million Moroccans farming the crop live between poverty and fear. Shot in…
China Trade Down on Weak Global Demand, Virus Curbs
BEIJING—China’s trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending. Exports declined 0.3 percent from a year earlier to $298.4 billion, down from September’s 5.7 percent growth, the customs agency reported Monday. Imports fell 0.7 percent to $213.4 billion, compared with the previous month’s 0.3 percent expansion. China’s…
German Exports Beat Expectations Despite Cooling Global Economy
BERLIN—German exports rose slightly more than expected in August despite a cooling global economy, rising interest rates and material shortages, the statistics office said on Wednesday. Stronger demand from the United States and China helped push exports to 133.1 billion euros ($132.59 billion) in August, up 1.6 percent from the previous month. Imports also increased…
Ugandan Lawmakers Pass Law to Curb Trade in Human Organs
KAMPALA—Ugandan lawmakers passed legislation on Thursday to ban any trade in human body parts, after a series of media reports about criminals using force and trickery to take people’s organs. The law will impose punishments up to life imprisonment and fines up to 2 billion Ugandan shillings ($520,000) and introduce regulations to strengthen controls on…
Russia’s Surging Oil Exports to China in August Fail to Keep Saudis Down: Data
September 20, 2022
admin
Business & MarketsChinaChina Business & EconomyeconomyenergyEuropeGold and CommoditiesInternationalMarketsOilRussiatradeWorld
0 Comment
SINGAPORE—China’s crude oil imports from Russia in August surged 28 percent from a year earlier, official data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in four months. Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments…
Clyde Prestowitz: How American Companies Became Subservient to Beijing and How to Stop It With Industrial Policy
September 20, 2022
admin
American Thought LeadersBusiness VideosChinaChina Business & EconomyChinese Communist PartyChinese RegimeClyde PrestowitzeconomyEpochTVLive VideosPolicies & ImpactstradeUSUS NewsUS-China relationsUS-China TradeVideo
0 Comment
From Our Sponsor: Why Now Is the Time to Buy Gold & Silver with Goldco. Call 855-973-0470 for your FREE Wealth Protection Kit Today! “Because everything it makes is in China … China can compel Apple to do whatever it pleases … And it’s not just Apple. Many major American companies are highly reliant on…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`