New: Solar companies seek new U.S. tariffs on Asian imports.

Firms warn that China uses its neighbors to skirt existing levies, depressing prices and threatening U.S. investments.

nytimes.com/2024/04/24/bus…

As others have noted, in fact, Biden is proposing to extend roughly two-thirds of the Trump tax cuts. That’s what’s needed to prevent tax increases in 2026 on households making under $400k.

Thanks for a great decade ⁦The New York Times⁩ ⁦carolynryan 🏳️‍🌈🏓⁩ ⁦Carl Hulse⁩ ⁦Deborah B. Solomon⁩

Important article in the NYT ( Jim Tankersley and Alan Rappeport ) on the challenge China's clean tech exports pose to Biden's industrial strategy. Should be clear where I stand on the core issue -- the US should get a chance to catch up with China.

1/2

A new wave of low-cost Chinese exports is a “clear and present danger” to Biden’s industrial strategy — and raising alarms on both sides of the Atlantic. Alan Rappeport & me:

nytimes.com/2024/04/18/us/…

They might have to un-defer some of that new contract. $16 million! (Allegedly)

Four years ago today.

Jim Tankersley The New York Times James Singer

“China tariffs” and “Nippon Steel” are Biden’s “Le Tigre” and “Ferrari,” from a Zoolander/election-year-trade-policy perspective, basically.

nytimes.com/2024/04/09/us/…

And if you want a double dose of Biden/corporate taxes today (who doesn’t?!?!) here’s me talking to Michael Barbaro about the president’s surprising tax legacy thus far: nytimes.com/audio/app/2024…

CEOs love the outreach they get from President Biden. Their profits have never been higher.

But they don’t love how Biden talks about raising their taxes, or, in many cases, how he’s regulating them.

An inside look at a complicated relationship: nytimes.com/2024/04/03/bus…

And the big drop in weekly hours in January, which many people suspected was weather-related, reversed in February (fully for nonsupervisory workers, partly for workers overall).

U.S. employers added 275,000 jobs in February and the unemployment rate ticked up to 3.9 percent.
Data: bls.gov/news.release/e…
Full coverage: nytimes.com/live/2024/03/0…

The McConnell story was broken by Michael Tackett, who is writing McConnell biography

apnews.com/article/mitch-…

If you believe CBO, this is all true:

*The IRA is getting more expensive
*Because it’s more effective than anticipated
*Also because of Biden regs
*And it doesn’t reduce deficits on net anymore.

If you believe Treasury, that last point is wrong.

nytimes.com/2024/02/08/us/…

New: U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years w/ Jim Tankersley nytimes.com/2024/02/07/bus…

Check out the full paper here: groundworkcollaborative.org/wp-content/upl…

And reporting from Jim Tankersley, Jeff Stein, and Abha Bhattarai: nytimes.com/2024/02/01/us/…
washingtonpost.com/business/2024/…

How strong has this recovery been? G.D.P. is now above where the CBO expected *before* the pandemic struck. And yes, that's adjusted for inflation.

As wars continue in Ukraine and Gaza, the discussion around them at the World Economic Forum seemed decidedly muted. Jim Tankersley took a look at how the world's elite focused more on AI, climate change and global elections than the wars nytimes.com/2024/01/18/bus…

This is an incredible map, considering longer running economic geography trends. Amazing.

zillow.com/research/2024-…

My book At the Edge of Empire comes out May 28. It's an epic work of memoir and reportage spanning 80 years, from my father in Mao's army to China's rise today. A most anticipated book for 2024 — Foreign Policy and Publisher's Weekly. Pre-order here: penguinrandomhouse.com/books/602734/a…