“We’d been told the product would arrive in France, so we put Calais as the point of entry. It went to Rotterdam, where it sat for six weeks,” he said. “Chocolate. Sitting in a warehouse. For six weeks.”Through a shipping agent, he managed to get the import duty dropped. He learned a lesson about filling out forms, but that expertise won’t help him much.“It’s impossible to find … [...] about How Brexit Ruined Easter for Britain’s Chocolate Makers
International Trade and World Market
America’s Record-Setting Stimulus Could Power a Rebound in Other Countries
Washington’s robust spending in response to the coronavirus crisis is helping to pull the United States out of its sharpest economic slump in decades, funneling trillions of dollars to Americans’ checking accounts and to businesses.Now, the rest of the world is expected to benefit, too.Global forecasters are predicting that the United States and its record-setting stimulus … [...] about America’s Record-Setting Stimulus Could Power a Rebound in Other Countries
The Agency at the Center of America’s Tech Fight With China
“When you start cutting off capital profits that can flow into R&D, many of them coming from the huge Chinese market, you really undermine our ability to stay at the tip of the spear in terms of semiconductor innovation,” Mr. Neuffer said.“The sense of urgency in recent years inclined our leadership to make decisions without reference to what industry thought,” said Daniel … [...] about The Agency at the Center of America’s Tech Fight With China
How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar
Dr. Gagnon estimates that as a result of these forces, the dollar was 10 to 20 percent above its expected value in 2019, probably costing hundreds of thousands of manufacturing jobs.Revere Copper Products in Rome, N.Y., which makes copper strip used in automobiles and air-conditioners, has suffered from these changes. In 2000, Revere had two plants and nearly 600 workers. Today … [...] about How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar