Exit polls shows show that the Number 1 issue was the economy. Obama failed and the GOP won the election. Specifically, 45 percent of voters said, in exit polls, that the economy was their number one issue. Almost half say their own family’s financial situation hasn’t improved much over the past two years, and a…
The U.S. trade gap widened in September as exports fell to a five-month low, a sign of how a stronger dollar and slower growth overseas could weaken demand for American-made goods and weigh on the broader economy. [by Nick Timiraos | November 4, 2014 | Wall Street Journal] The trade deficit rose 7.6% to…
(Map showing countries with a VAT in red. Countries without a VAT in blue) Here is a valuable table showing VAT/consumption tax rates across the world for 2013 courtesy of Stewart and Stewart, a DC law firm specializing in international trade issues. While other countries have lowered tariffs, they have raised their VATs. Thus,…
The American Iron and Steel Institute announced the trade arm of the federal government that existing foreign trade barriers distort international trade and are extremely harmful to US companies especially those in the steel industry. [Reposted from Steel Guru | November 6, 2014] The 45 pages of comments, signed by Mr Kevin Dempsey, senior…