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☆ Former Commerce Secretary Carlos Gutierrez on the impact of new China tariffs
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Commerce Secretary Carlos Gutierrez on the impact of new China tariffsFormer U.S. Commerce Secretary Carlos Gutierrez joins 'Money Movers' to discuss the category of new tariffs Gutierrez finds most interesting, the strategy to target electric vehicles, and more.

Persons: Carlos Gutierrez, Gutierrez Organizations: Former, Former U.S . Commerce Locations: China

☆ Former Commerce Secretary Carlos Gutierrez: Rate of inflation is down, but prices are still going up
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Commerce Secretary Carlos Gutierrez: Rate of inflation is down, but prices are still going upFormer U.S. Commerce Secretary and Kellogg CEO Carlos Gutierrez joins 'Squawk Box' to discuss the hotter-than-expected CPI data, state of inflation, impact on corporations and the economy, and more.

Persons: Carlos Gutierrez, Kellogg Organizations: Former, U.S . Commerce Locations: U.S

☆ Pres. Biden is trying to bring down tensions by making Xi talks private: Fmr Commerce Sec. Gutierrez
▼ + stars: | 2023-11-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPres. Biden is trying to bring down tensions by making Xi talks private: Fmr Commerce Sec. GutierrezCarlos Gutierrez, EmPath CEO and former Commerce Secretary, joins 'Squawk Box' to discuss the Biden-Xi summit, what's at stake for both countries, the state of U.S.-China relations, and more.

Persons: Pres, Biden, Xi, Gutierrez Carlos Gutierrez Organizations: Commerce, Biden Locations: Fmr, what's, U.S, China

☆ China weighs options to blunt U.S. sanctions in a Taiwan conflict
▼ + stars: | 2023-10-20 | by ( Eduardo Baptista | ) www.reuters.com time to read: +10 min

"In the context of intensified Sino-U.S. strategic competition and the Taiwan Strait conflict, we should be wary of the U.S. replicating this financial sanction model against China," wrote Chen Hongxiang, a researcher at a branch of the People's Bank of China (PBOC) in eastern Jiangsu province. Wang and several PBOC researchers wrote in articles that if the U.S. implemented Russia-style sanctions on China, Beijing should freeze U.S. investment and pension funds and seize the assets of U.S. companies. ENERGY AND ALLIANCESBesides financial sanctions, Russia's response to Western pressure on its oil, gas, metals, and chips industry has given food for thought to Chinese researchers. Chinese researchers also suggested Beijing exploit cracks within the European Union and between the U.S. and its allies. "The mutual penetration of the Chinese and American economies will inevitably weaken the willingness to impose financial sanctions," he wrote.

Persons: Thomas Peter, Chen Hongxiang, Xi Jinping, Yu Yongding, Yu, PBOC, Wang Yongli, Wang, Sun, Mou Lingzhi, Xia Fan, Ye Yan, Martin Chorzempa, Chorzempa, Chen, Eduardo Baptista, David Crawshaw Organizations: REUTERS, Rights, U.S, Moscow, China, People's Bank of China, Reuters, Senior U.S, People's Liberation Army, China National Knowledge Infrastructure, China International Futures, U.S ., China Center for International Economic, Shanghai Academy of Social Sciences, China Minmetals Corporation, London Metals Exchange, Oil and Gas Exploration, Development Company, European Union, Peterson Institute for International Economics, EU, Thomson Locations: Fuzhou, Taiwan, Matsu, China, Rights BEIJING, Russia, Ukraine, Jiangsu, Beijing, Russian, U.S, Hainan, Washington, United States

☆ Fmr. Commerce Secretary Carlos Gutierrez on U.S.-China relationship: Right now it's at rock bottom
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Commerce Secretary Carlos Gutierrez on U.S.-China relationship: Right now it's at rock bottomFormer Commerce Secretary Carlos Gutierrez joins 'Squawk Box' to discuss Treasury Secretary Janet Yellen's trip to China, U.S.-China relations at large, and more.

Persons: Carlos Gutierrez, Janet Yellen's Organizations: Commerce, U.S, Former Commerce Locations: China, U.S

The deal to suspend the $31.4 trillion debt ceiling until January 2025 holds non-defense discretionary spending largely flat this year, with a 1% increase in fiscal 2024. SOCIAL SECURITY, MEDICARE OFF LIMITSIn their debt limit negotiations, both President Joe Biden and House of Representatives Speaker Kevin McCarthy vowed not to touch the main driver of U.S. debt: rising Social Security pension and Medicare health benefit costs. Debt-ceiling negotiations spared cuts to mandatory spending like Medicare, Medicaid and Social Security even though these programs cost more than discretionary spending. CBO projects the government will spend $6 trillion on mandatory spending programs in the 2033 fiscal year, up from $4.1 trillion this year. But the plan failed when then-president Barack Obama declined to endorse it, setting up Congress for the debt ceiling battle of 2011.

Persons: Joe Biden, Kevin McCarthy, Julia Nikhinson, Dennis Ippolito, you've, Nigel Chalk, Biden, Brian Riedl, Linda Bilmes, Bowles, Barack Obama, Bilmes, David Lawder, Andy Sullivan, Heather Timmons, Nick Zieminski Organizations: White, REUTERS, WASHINGTON, Republicans, Defense, Southern Methodist University, Congressional Budget Office, Security, Social Security, CBO, International Monetary Fund, Reuters, Democratic, Western Hemisphere Department, IMF, Manhattan Institute, Harvard Kennedy School, Commerce Department, Simpson, Thomson Locations: United States, Washington , U.S, U.S, Washington

☆ From sunglasses to milking machines, US halts more exports to Russia
▼ + stars: | 2023-05-19 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

"You can't even ship contact lenses or sunglasses now," said Washington lawyer Kevin Wolf, a former Commerce official, as he reviewed the new rules. Wolf said "it would be simpler to describe the items that are not controlled for export to Russia." The targeted companies include aircraft repair and parts production plants, gunpowder, tractor and automobile factories, shipyards and engineering centers in Russia. The U.S. and a coalition of 37 other countries have imposed unprecedented export controls on Russia since its assault on Ukraine in February 2022. Last week, U.S. authorities arrested two Russian men living in Florida for allegedly sending U.S. airplane parts and components to Russian airlines in violation of export controls.

☆ Former Commerce Secretary: We are becoming an industrial policy country
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Commerce Secretary: We are becoming an industrial policy countryCarlos Gutierrez, EmPath co-founder and executive chairman, former commerce secretary, joins 'Squawk Box' to discuss his thoughts on China's recent economic forums, why companies aren't doing business in China, and more.

Rep. Judy Chu, D-Calif., the chair of the Congressional Asian Pacific American Caucus (CAPAC), said she has personally spoken to Jeffries and recommended that Rep. Andy Kim, D-N.J., should be the ranking member. “The Republicans made it very clear that the committee is primarily focused on … counter intelligence and economic espionage issues which have been the focus of my own work, especially on the Intelligence Committee,” Krishnamoorthi said in an interview. Rep. Elissa Slotkin, D-Mich., a former CIA analyst who is eyeing a possible Senate bid in 2024, has also expressed interest in the top role on the China panel. But while CAPAC is divided, its members agree that the ranking member of the new panel should be Asian American. Think about that," said one CAPAC member.

☆ Trump will not be the Republican presidential nominee in 2024, says former Sen. Judd Gregg
▼ + stars: | 2022-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump will not be the Republican presidential nominee in 2024, says former Sen. Judd GreggJudd Gregg, former U.S. Senator from New Hampshire, and Bill Daley, former Commerce Secretary and chief of staff to President Barack Obama, join CNBC's 'Squawk Box' to react to the midterm election results.

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