WASHINGTON — A number of countries — China most prominent among them — have long acted to hold down the value of their currencies against the dollar, helping their industries by keeping exports to American consumers cheaper and making goods from the United States more expensive. [by Jonathan Weisman | February 15, 2015 |…
There is no such thing in the real world. Free Trade exists only in the minds of those who wish to use it’s ‘name’ to cover their special interests, not that of working Americas or Domestic Manufacturers…..Or they are just plain ignorant of the reality/brainwashed. Any appearance of ‘Free’ Trade is just that, an appearance.…
President Obama and his predecessors have frequently claimed that free trade agreements (FTAs) and other trade deals will lead to growing exports and domestic job creation. The president is currently negotiating two massive new FTAs that are likely to result in increased outsourcing and growing job losses, especially in the manufacturing sector. This paper reviews recent…
The number of House Democrats and Republicans who have publicly voiced outright opposition or strong skepticism toward the renewal of Trade Promotion Authority (TPA) has grown to 162, including 142 of the total 188 voting members of the House Democratic caucus. [Reposted from Inside US Trade | February 12, 2015] Among them are 128 returning…
In an unexpected move, China this week announced to signatories of the Government Procurement Agreement (GPA) that it does not intend to improve the market access concessions it made in its latest accession offer presented in December 2014, but is willing to negotiate exclusions it has proposed. [Reposted from Inside US Trade | February 13,…
You really need an anthology of catch-phrases you hear in this benighted town of DC to understand the difference between what people actually say and what they mean. When someone says “my good friends from the other side of the aisle…,” they’re not really good friends. And when someone says, “that will cause a…
