By George Landrith, Frontiers of Freedom America has for decades been chasing its manufacturing base out of the country. Some have argued that these jobs left because American wages were higher. But the truth is American workers have typically been more productive and thus their higher wages aren’t the primary factor. Moreover, there are […]
Tag: manufacturing
Brimen: How the U.S. Can Win the Trade War with China
By Erick A. Brimen In my new Fortune editorial, I explain how the United States can facilitate investments in special economic zones in Latin America to fuel development and relieve the driving pressure behind immigration. But these zones present an even bigger opportunity: rebalancing trade with China. The U.S. needs to revive […]
Reaugh: Now that the World Has Stopped… A Strategic Metal Can Help Us Start It Again
By Larry Reaugh, CEO, American Manganese “You cannot make steel without manganese. And if you cannot make steel – the world stops.” That’s the glass of cold-water quote from former BHP Billiton CEO Brian Gilbertson, more than a decade ago as the world toppled into the finance-driven 2008-09 Great Recession. Fast forward to […]
Red Tape Helps China, Hurts Critical U.S. Super-Conductor Chip Manufacturing
By Daniel McGroarty, TES GeoPolicy Editor Let the Great Re-Shoring begin: One of the many ways the COVID pandemic will change the behavior of nations is coming into view, with profound implications for the globalization of trade, and where we make what we buy. With China controlling the chokepoint on medical devices from […]
Fate of UK manufacturing hangs on minimizing trade friction with EU
“Minimum trade frictions will be vital for the UK automotive industry” By Prof. David Bailey, courtesy of UK In a Changing Europe The UK manufacturing and especially the automotive industry has faced a turbulent period since the referendum. By 2018-19 something of a perfect storm had hit. The auto industry faced a triple […]
U.S.-China trade deal will hurt Germany, Brazil — coronavirus is wildcard
“New US-China trade agreement to hurt Germany and Brazil” IFW Kiel German exporters will be particularly affected from the implementation of the Phase I trade agreement between the USA and China which has now come into force. As a result of trade diversion, Germany’s exports of goods to China are likely to […]
White House takes victory lap with economic report
By Erik Sass, TES Editor-in-Chief The United States is enjoying the longest period of economic growth in its history, now 127 months into the current economic expansion, with unemployment hovering around 3.5% and a GDP growth rate of 2.3% of 2019. The White House highlighted these gains – and the benefits […]
USMCA: A victory for American workers, needlessly delayed by petty politics
By Andy Blom, TES Washington Editor On Wednesday. January 29th, President Donald Trump signed the United States-Mexico-Canada Trade Agreement (USMCA) into law, at long last replacing the outdated North American Free Trade Agreement (NAFTA). Trump called it “…the largest, most significant, modern, and balanced trade agreement in history. All of our countries […]
Around half a million German jobs depend on exports to UK
“460,000 jobs in Germany are linked to exports to the United Kingdom” Courtesy of the IAB Around 460,000 jobs in Germany are directly or indirectly linked to exports to the United Kingdom. Around 60,000 of these are employed in the automotive industry. This emerges from a study published on Tuesday by the Institute for Labor […]
Automation undermines men’s marriage prospects
“How the rise of industrial robots affects family behavior” Courtesy of IZA Million of workers across the world feel the growing pressure and fear of machines replacing their jobs. Artificial intelligence (AI), machine learning, robots, and the Internet have already transformed the nature of jobs and will continue to rapidly change our labor […]