China continues to fail at meeting agreement to reduce their US trade surplus
- China’s US goods purchases continue to fail at following trade agreement levels based on information from Peterson Institute for International Economics
- On July 26, 2021, Chinese Foreign Minister Wang Yi said that the US should remove tariffs apart of three other requests from China
Indoor mask policy is reversed by CDC and fully vaccinated should now wear masks indoors
- The CDC has reversed their indoor mask policy and has recommended that fully vaccinated people should resume wearing masks again
- Updated guidance from the CDC is urged by the uptick in delta variant Covid-19 cases across the world
Inflation may cut workers pay by 2% despite wage increases
- In June, the average hourly wages increased by 3.6% in comparison to a year prior, and despite this growth, the average worker’s pay has been cut by 2% due to inflation
- From 2020, food prices have risen 2.4% and gasoline prices has risen 45% as well
