Framework of revised deal appears promising As the Trump administration notifies Congress of its intent to sign a trade deal with Mexico in 90 days, the Coalition for a Prosperous America (CPA) has expressed support for the new agreement’s framework. CPA members believe US Trade Representative Robert Lighthizer and President Trump have put forward a new…
Editor’s note: CPA filed written comments in support of increased tariffs on China. This article picked up on our comments, which were among more than 2300 filed. Former Trump trade adviser Dan DiMicco not only supports a 25 percent tariff on $200 billion in China goods, as contemplated by the Trump administration, he wants the…
Editor’s note: This is significant because the 232 national security tariff process is being normalized, rather than treated as a “trade war”. Just something else to negotiate. [David Shepardson and Ana Isabel Martinez | August 29, 2018 | Reuters] The agreements struck between the United States and Mexico on trade would allow President Donald Trump…
Editors note: We at the CPA have been thinking about whether the WTO is worth saving or replacing. Peter Morici writes about it below. Maybe nothing should replace the WTO, but rather countries should act in their own national interests and achieve some Nash equilibrium. [ Peter Morici | August 30, 2018 | Washington Times] Any…
Editor’s note: AFL-CIO President Richard Trumka shows support for the direction of the US-MX trade agreement. [August 29, 2018 | NPR] David Greene talks to AFL-CIO President Richard Trumka, who’s optimistic that a NAFTA replacement deal would better serve workers. NPR’s Jim Zarroli weighs in on their conversation. DAVID GREENE, HOST: President Trump and labor…
(WASHINGTON) – The following is a statement from Teamsters General President Jim Hoffa about the bilateral agreement-in-principle announced today between the U.S. and Mexico to revamp the North American Free Trade Agreement (NAFTA). “The Teamsters Union has long been a leader in demanding real reforms to NAFTA to make it work for worker across all…
Editor’s note: This piece by a British economics professor and House of Lords member is encapsulated by this excerpt: “Liberals should certainly exercise their right to attack Trumpian politics. But they should refrain from criticizing Trumpian protectionism until they have something better to offer.” [ROBERT SKIDELSKY | Aug 14, 2018 | Project Syndicate] The ability of companies to…
Editor’s note: Here is a good run down of what is in the proposed US Mexico trade agreement. The U.S. and Mexico announced an agreement Monday on the key sticking points between the two countries that had held up renegotiating of the North American Free Trade Agreement for over a year. The deal still needs approval by the…
Editor’s note: This opinion article by the former chief of staff of Vice President Joe Biden shows how the battle lines on the US-Mexico agreement, like much of the president’s trade agenda, are atypical. Reading some of the reporting on the preliminary NAFTA renegotiation deal announced Monday between the United States and Mexico, there’s a partially unwarranted theme emerging:…
The Coalition for a Prosperous America (CPA) expressed support for President Trump and his trade team taking aggressive and unconventional steps to craft a new trade arrangement with Mexico. We continue to study the newly announced agreement. “This is another example of President Trump living up to his campaign promises by renegotiating or terminating the…
