Perhaps it’s the natural human aversion to bad news — sometimes known as the “ostrich effect” — but few opinion leaders on U.S. economic policy appear willing to take a cold, hard look at the state of U.S. manufacturing. If they did, they wouldn’t be happy. First, U.S. manufacturing suffered catastrophic losses in employment and…
As U.S. Trade Officials meet with auto executives surrounding ongoing NAFTA sector negotiations, U.S.T.R. Ambassador Robert Lighthizer appears on Fox News to discuss ongoing trade initiatives with Laura Ingraham. It’s challenging to discuss the basic ‘fatal flaw’ within a modern NAFTA in a short discussion segment; however, Ambassador Lighthizer, Secretary Ross and the newly positioned Peter Navarro have a…
By Jeff Ferry, CPA Research Director The pundits who declare ominously that we are on the brink of a trade war have it wrong. In fact, we are in the midst of a war for domination of the world steel market. And as a quick look at the numbers makes clear, so far we are…
By Jeff Ferry, CPA Research Director The Department of Commerce report on steel imports and national security asks Americans a fundamental question: Are we going to defend the US steel industry from the decline caused by the growth of uneconomic foreign competition? Or, are we going to allow the industry to fade away and become…
