Rep. Peter DeFazio (D-OR), joined by six House Democrats, on Thursday introduced a resolution called the “Blueprint for America’s Future Trade Policy” that outlines principles and a time line for the renegotiation of the North American Free Trade Agreement. [Daily News| February 16, 2017 |Inside US Trade] The resolution is designed to put pressure on the…
HONG KONG — In South Korea, it’s all in the family. South Korean officials on Friday arrested Lee Jae-yong, the vice chairman of Samsung and the scion of an immensely wealthy and powerful family. Mr. Lee — known as Jay Y. Lee in the West — was accused of paying bribes to a confidante of South…
A waiver needed for U.S. trade representative nominee Robert Lighthizer to be confirmed for the role could be delayed as Democrats gear up for a fight to get the Miners Protection Act passed — an effort that Senate Finance Committee Chairman Orrin Hatch (R-UT) believes has no chance of success. [Daily News| February 16, 2017…
WASHINGTON—An uncomfortable question looms over the tax debate in Congress: What’s Plan B? [Richard Rubin| February 17, 2017 |Wall Street Journal] Border adjustment, a pillar of House Republicans’ tax proposal, is taking a beating. Big retailers are lobbying aggressively against the concept, which would tax imports and exempt exports. Senate Republicans have expressed views ranging from skepticism…
