One of the chief negotiators and public advocates for the Trans-Pacific Partnership (TPP) has been named as President Trump’s new special assistant on international trade, investment, and development for the National Economic Council. Andrew Quinn is a former deputy chief negotiator of the TPP who was named to the National Economic Council on Monday by…
The Census Bureau reports the U.S. deficit on trade with other countries rose in January to $48.5 billion, the highest level in five years. It is up 9.6 percent from December’s $44.3 billion, and 11.8 percent from January of 2016. [Dave Johnson| March 7, 2017 |Our Future] January exports rose $1.1 billion to $192.1 billion, while imports grew $5.3…
By Jeff Ferry, CPA Research Director The United States’ trade deficit surged 12% in January 2017 to hit $48.5 billion, its highest level in almost five years. The growth in our trade deficit reflects America’s failed trade policy, persistent mercantilist practices by some of our largest trading counterparties, and slower export growth. January’s trade deficit…