Regardless of who wins the presidential election in November, the 2016 campaign has already dramatically undermined a major pillar of post–World War II American economic and foreign policy—free trade. [Clyde Prestowitz| June 17, 2016 |Washington Monthly] Hillary Clinton’s current rejection of the same Trans-Pacific Partnership (TPP) free trade agreement that earlier she had called “the…
This week kicked off with U.S. Trade Representative Michael Froman announcing today (June 20) at the Council on Foreign Relations that the Obama administration is engaged in drafting the implementing bill of the Trans-Pacific Partnership and the other required elements of a legislative package, which Congress could vote on when a “window of opportunity” opens…
Carrier Corp.’s decision to shutter its manufacturing operation on Indianapolis’ west side will cause a domino effect that will wipe out more than 2,700 jobs across Indiana and cost the state’s economy more than $100 million a year, experts say. [Kris Turner| June 17, 2016 |Indy Star] Carrier plans to eliminate 1,400 low- to midgrade manufacturing…
I recently attended a talk given by the Obama administration’s lead trade negotiator, Mike Froman, who was asked: “Why are Americans so angry about globalization right now?” His answer was one I’d heard many times, but of which I’ve often been skeptical. In so many words, he argued that the costs of trade are acute,…
The leadership of the House Agriculture Committee and the chairman of the House Appropriations Agriculture Subcommittee have urged their colleagues to oppose the transfer of catfish inspection from USDA to the Food and Drug Administration, which they charged at a minimum involves the misuse of the Congressional Review Act (CRA) and would fail to protect…
