In the United States, oil and natural gas production in 2023 remained high, despite an overall declining rig count. Why did this happen? Because of an industry focus on efficiency, higher service intensity and high-quality acreage, according to Halliburton Company. Since the early 2020s, global imbalances between oil
Intel has reduced its sales and in several cases have required specific government authorizations or exemptions because of U.S. trade restrictions imposed on China. In total, $3.2 billion, or 6%, of Intel’s revenue, was dependent in 2023 on U.S. government export control authorizations, an amount the company expects
The U.S.–China trade war did not generate the jobs promised by former President Donald Trump, according to an analysis published by the National Bureau of Economic Research (NBER). Instead, that trade war did generate political dividends for the Republican Party. Entitled «Help for the heartland? The employment and
As part of the automotive sector‘s comments in the USTR’s biennial report on the implementation of the USMCA , Ansley International Consultants synthesized the following three stringent proposals. Given the alarming increase in investment in Mexico, particularly from China, increase most-favored-nation (MFN) tariff rates on automobiles and auto
Ansley Consultants summarized nine substantive proposals that were submitted to the USTR on the operation of the USMCA. These are the substantive proposals: First It is suggested to develop specific rules of origin associated with electric vehicles, external to the current rules to ensure that the individual objectives
On November 22, 2023, the U.S. Trade Representative (USTR) requested comments and notice of public hearings on the operation of the U.S.-Mexico-Canada Agreement (USMCA) with respect to automotive rules of origin. USTR then received 18 comments from various stakeholders, including union representatives such as the United Auto Workers