Secretary Mayorkas Confirms: De Minimis Loophole is high risk, undermines forced labor laws
The Coalition for a Prosperous America (CPA) today released a statement following remarks by U.S. Department of Homeland Security (DHS) Secretary Alejandro Mayorkas that the…
Forced Labor Enforcement Task Force publishes updated Uyghur Forced Labor Prevention Act Strategy - 2024
This update to the UFLPA Strategy highlights enforcement of the UFLPA’s rebuttable presumption, which prohibits goods from being imported into the United States that are…
U.S. Bureau of Labor Statistics: Producer Price Index June 2024
The June rise in the index for final demand can be traced to a 0.6-percent increase in prices for final demand services. In contrast, the…
New Foreign Direct Investment in the United States
In 2023, expenditures for acquisitions were $136.5 billion, expenditures to establish new U.S. businesses were $7.4 billion, and expenditures to expand existing foreign-owned businesses were…
CNBC/NRF Retail Monitor reports moderate retails sales growth in June
Retail sales showed moderate growth in June amid a still-solid economy and near-zero inflation for retail goods, according to the CNBC/NRF Retail Monitor, powered by…
Russian imports from China tick up again after Putin-Xi meeting
Russian imports from China began to recover in June despite difficulties with foreign trade payments triggered by the US’s threat of secondary sanctions and restrictions…
China’s commodities imports ease in June sluggish economy
China’s appetite for commodities eased in June, as a sluggish economy took the edge off import demand across a number of key raw materials.
Majority of back-to-class shoppers have already begun purchasing school items
As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, according to…
Singapore businesses want less red tape in Malaysia special zone
Singapore businesses want a planned joint special economic zone with Malaysia to slash red tape and help with labor and connectivity issues, according to a…
Chile wins US tax-credit treatment for battery component made from lithium
Chile reached an agreement with the US to allow a key battery component to count toward tax credits under the US Inflation Reduction Act, boosting…
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