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As Trump takes aim at EU trade, European officials brace for fight

ArchiveBy Michael StumoFebruary 11, 2020

Editor’s Note: Even as the trade deficit with China was reduced, the deficit with Europe increased by 5.4% last year. WASHINGTON (Reuters) – An emboldened President Donald Trump has set his sights on restructuring the more than $1 trillion U.S. trade relationship with the European Union, raising the specter of another major trade war as…

Scientists Confirm China as Major Source of Banned Ozone-Depleting Chemicals

ArchiveBy Michael StumoFebruary 11, 2020

Editor’s note: The Chinese are cheating by producing products with banned carbon tetrachloride. We need to find out what supply chains use that chemical and ban them from US import.  Despite being banned in 2010, about 40,000 tons of carbon tetrachloride, an ozone-depleting compound, are still emitted into the atmosphere every year. But the origins of…

Farm Bailout Paid to Brazilian Meat Processor Angers Lawmakers

ArchiveBy Michael StumoFebruary 11, 2020

Editors note: We definitely need an agro industry program to bolster rural America. Especially to shield agriculture from trade conflict retaliation by foreign countries when the government goes to bat for manufacturing. However we do NOT need to subsidize foreign or domestic multinational agribusinesses. Lawmakers want to know why a Brazilian-owned company got payments from…

Companies Find Ways to Bypass Tariffs on Chinese Imports

Buy AmericanBy Michael StumoFebruary 11, 2020

Editors note: Chinese and multinational companies continue cheating. Customs enforcement and tighter laws are needed Many save by tweaking assembly and shipping processes rather than by moving operations to U.S. [Katy Stech Ferek | February 6, 2020 | WSJ] WASHINGTON—Many U.S. companies are maneuvering to sidestep tariffs on Chinese imports, trade lawyers and logistics consultants…

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