Sens. Brown, Sessions, Schumer, Graham, and Stabenow to Introduce the Currency Exchange Rate Oversight Reform Act of 2015. Addressing Currency Manipulation Could Create Nearly Six Million Jobs by Leveling the Playing Field for American Manufacturers and Workers. [Reposted from Senator Sherrod Brown’s website | February 9, 2015] WASHINGTON, D.C. — As Congress prepares to review…
Trade agreements give rise to international tribunals and suits by foreign companies against US local and state governments. Governor Jay Inslee of Washington state is joining the clamor against the global court system being set up by trade treaties. Washington state often brags about being the most export dependent state in the country. While…
A guest editorial from Stan Sorscher of SPEEA, who sits on the Board of the Coalition for a Prosperous America. A new trade agreement, the Trans-Pacific Partnership, has been negotiated in secrecy with the involvement of hundreds of corporate lobbyists while Congress and the public are unable to get or discuss copies of the deal,…
WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) joined Reps. Tim Murphy (R-PA), Tim Ryan (D-OH) and Mo Brooks (R-AL) today in introducing legislation to hold currency manipulators accountable. The Currency Reform for Fair Trade Act takes aim at currency manipulators by enabling the Department of Commerce to impose countervailing duties to…
The United States is challenging China at the World Trade Organization, alleging that the Chinese government unfairly subsidizes exports in seven industries. [Reposted from the ABC News site | February 11, 2015 | Paul Wiseman] The Office of the U.S. Trade Representative said Wednesday that China designates certain export companies as “demonstration bases” that receive…