U.S. Commerce's plan to slap a 31% tariff upon Chinese solar panel manufacturers to deter them from dumping products upon the U.S. market has thrown the communist nation into a tizzy fit full of protestations and allegations signifying nothing. If China ever learned how to play fair in trade in the first place, it wouldn't need to go through such public relations histrionics.
American manufacturing currently stands at a crossroads that will determine whether it flourishes or fails in the 21st century. A U.S.-based pharmaceutical company CEO discourages the nation against dwelling upon the negative generated by naysayers who've sounded the industry's death knell because the future's very bright as long as the U.S. acts now to capitalize upon recent progress.
The U.S. government hails a glimmer of progress in its latest U.S.-China Strategic and Economic Dialogue after getting China to allow greater ownership of its firms by foreign financial interests just as the Chinese lay down new restrictions on global accounting firms operating within its borders. A step forward? Hardly, argues an AJA board member.
Could the Chinese consumer's recent obsession with all things American fuel a dwindling of the U.S.'s record high trade deficit with the communist nation? Let us hope so. In the meantime, stop buying low-cost inferior-quality overseas-made junk. Do what the world's second largest economy seems to be doing -- buy American.
The Philippines' dispute with China over South China Sea maritime rights seems to have already had a negative impact on the island's economy, which depends heavily on its exports to the communist nation. The Chinese recently went a little bananas over Filipino banana imports, which were destroyed for containing pests that usually infest coconuts.
An easy way to put a lot of Americans back to work is to re-tool them with 21st century skills to fill the estimated 600,000 manufacturing vacancies, argues a former president of a major manufacturing trade group. It's not taxes or government regulation or health care that is keeping manufacturers up at night. It's the skills gap in the nation's workforce.
In the wake of two scandals that rocked China, a U.S. human rights researcher wonders just how much the law matters in the communist nation. Not a lot, he concludes, if you're looking at its government but not necessarily its people, who have become more intolerant of their officials' antics.
Bringing more women back into the manufacturing fold could be just the key in filling the skills gap for 21 century jobs. Just ask Lori and Traci Tapani who left the fields of accounting and finance to assist their dad in running his metal fabrication plant -- Wyoming Machine Inc. in Stacy, Minn.
The Donald wants you -- to stop purchasing cheap Chinese crap as long as it isn't his clothing line through higher tariffs on the communist nation's imports. Taxing China very heavily will help resurrect American manufacturing and job growth and reduce the U.S.'s record high trade deficit, the billionaire real estate magnate and former presidential candidate insists.