The following is a summary of a new report written by Ernest Preeg and released by the Manufacturers Alliance for Productivity and Innovation (MAPI). Highlights: –The U.S. trade deficit in manufactures rose $13 billion in the third quarter from 2013, and is headed toward a $50 billion increase for the year, which equates…
The following is a synopsis of a study on the TTIP. Click here to access the complete study. According to its proponents, the Trans-Atlantic Trade and Investment Partnership will stimulate growth in Europe and in the US. Projections endorsed by the European Commission point to positive, although negligible, gains in terms of GDP and personal…
Monday the U.S. Commerce Department said it appears that Chinese-made passenger car and light truck tires are subsidized by the Chinese government and are being “dumped” here, below cost. Because of this they will impose punitive tariffs ranging from 17.7% to 81.3%. This finding will be reviewed next year. [Reposted from the Campaign for America’s…
President Abraham Lincoln established America’s national day of Thanksgiving in 1863. As we work to rebuild our country and achieve broadly shared prosperity, it is worth considering the words and actions of our forefathers who built this country during harder times. On October 3, 1863, President Lincoln signed the document below setting apart “the last…