China is bent on world domination — not with its missiles and aircraft carriers, but by controlling solar energy, cloud computing and other industries of the future. [Fred Hiatt] May 7th, 2017 [The Washington Post] That is an only slightly exaggerated version of a warning coming from the American chamber of commerce in China. It…
The trade deficit with Mexico and Japan was found to be growing at an alarming rate following the release of March 2017 U.S. International Trade in Goods and Services monthly data by the Department of Commerce. [Office of Public Affairs] May 4th, 2017 [commerce.gov] The trade deficit increased by $363 million with Mexico and…
Secretary of Commerce Wilbur Ross on Saturday doubled down on the imposition of tariffs on Canadian softwood lumber, saying they were not based on “political considerations” and that “threats of retaliatory action” are “inappropriate.” [REBECCA MORIN] May 6th, 2017 [Politico] “The Department of Commerce’s recent preliminary decision to impose tariffs on Canadian softwood lumber was…
Wage contracts are inked years before plants open and workers never get a say. At a ceremony at Mexico’s Los Pinos presidential residence in July 2014, BMW Chief Executive Officer Harald Krüger pledged to spend $1 billion to build a factory in the northern state of San Luis Potosí that will employ 1,500 workers. To…
