Trump Must Be Realistic in Negotiations with China

President Trump’s proposed 45 percent tariff on Chinese imports could leverage significant changes in trade with the Middle Kingdom, but to succeed he must address Beijing more realistically than past presidents. [Peter Morici| January 22, 2017 |Washington Times] Since Richard Nixon’s historic trip, U.S. policy has been premised on the notion that offering China wider…

Brady defends border adjustability as WTO-compliant, but expects outcry from other countries

Ways & Means Committee Chairman Kevin Brady (R-TX) defended the House GOP’s tax blueprint — particularly its border adjustability provision — by saying he is “very confident” the bill would withstand World Trade Organization challenges if it became law, though he expects other countries to criticize the move nonetheless. [Daily News| January 24, 2017 |Inside…

Ford CEO touts TPP withdrawal after Trump meeting

Ford Motor Company CEO Mark Fields on Tuesday praised President Trump for abandoning the Trans-Pacific Partnership after a breakfast meeting with Trump and other leaders of the U.S. auto industry. [Daily News| January 24, 2017 |Inside US Trade] “I would just call out yesterday the president’s decision to withdraw from the TPP,” Ford told reporters…