Commerce Secretary Wilbur Ross this week told House Ways & Means Democrats that the Trump administration in mid-March will formally notify Congress of its intent to renegotiate the North American Free Trade Agreement, ranking member Richard Neal (D-MA) and other panel Democrats told Inside U.S. Trade. [Jenny Leonard| March 2, 2017 |Inside US Trade] “He made…
Federal agents raided three Caterpillar buildings near its Illinois headquarters on Thursday, company and law enforcement officials said, in an escalation of an inquiry into the heavy equipment manufacturer’s offshore tax practices. [HIROKO TABUCHI| March 2, 2017 |New York Times] Caterpillar has been dogged by accusations that it slashed its domestic tax bill by shifting corporate profits…
The Keystone XL Pipeline will not be subject to President Donald Trump’s executive order requiring infrastructure projects to be built with American steel, a White House spokeswoman said today. [BEN LEFEBVRE | March 2, 2016 |Politico] Trump signed the order calling for the Commerce Department to develop a plan for U.S. steel to be used…