President Trump last month empowered U.S. Trade Representative Robert Lighthizer to investigate China’s theft of American intellectual property (IP), which costs America up to $500 billion annually. A new report from Axios, however, reveals that Trump’s aggressive action on IP theft may just be the beginning. Not content with cracking down on IP theft, President Trump wants tariffs, too. [Spencer…
The breakneck pace of North American Free Trade Agreement negotiations does not guarantee a conclusion by year’s end, U.S. Trade Representative Robert Lighthizer said Monday during a speech that covered a range of topics — including China’s trade and economic policies, which he claimed the World Trade Organization is unable to manage. [ Jenny Leonard &…
By John R. Hansen, CPA Advisory Board Would the MAC discourage foreign direct investment in the United States? Some readers have suggested that capital being brought into the United States to finance greenfield foreign direct investment should be exempted from the MAC. We should not, they argue, do anything to discourage productivity enhancing investment in America’s manufacturing…
