More Americans say they won’t purchase U.S. imports from China. China is no longer America’s top source of imports. But are we really willing to pay more?
The Kearney Reshoring Index shows if trade tension with China and COVID-19 pushes American companies to bring manufacturing “back” to the United States.
Cross Laminated Timber is the basis of the “tall wood” buildings movement. CLT construction is a growing global market. Cross-laminated timber provides many possible benefits, including reduced costs, rural employment, strength, fire-resistance, beauty and a sense of being closer to nature.
Covid-19 panic shopping and the 2020 toilet paper shortage has made it clear: Americans love their toilet paper. The U.S. is a top producer and consumer of TP. Learn about trade in bathroom tissue – and why toilet paper shortages are truly a first-world worry.
The UK released its public negotiating objectives for a post-Brexit free trade agreement with the United States, but Invest Northern Ireland isn’t waiting on a deal to start taking advantage of stronger trade and investment relations for Belfast and Northern Ireland.
Suffolk is the most caffeinated city east of the Mississippi thanks to booming coffee trade through the nearby Port of Virginia. Here’s a look at how trade drives economic development in this flourishing coffee cluster.
The question of where and how pencils are made has resurfaced in the current debate over American trade policy. Policymakers often try to revive trade-impacted low-tech sectors through trade protection. The pencil industry’s experience highlights the difficulties of this approach.
We long ago stopped having to make everything we need: forging tools, handcrafting shoes from hides and weaving textiles for clothing. The expansion of global trade is affording us the opportunity to rediscover and reinvent the art of “making” itself, which could in turn profoundly impact what we make and what we trade.
Many industry observers are sounding alarms about the looming impact of automation, robots and 3D printing, which they fear will destroy jobs, disrupt value chains and maybe even reduce the need for international trade. But data and evidence don’t support the hype.
The next generation of smarter and more powerful machines will rely on even more sophisticated semiconductors to achieve new capabilities. Pressure is on to “win” in the global chip race, which is why efforts to protect innovations in chipmaking are front and center in the current trade war – for better and for worse.