Rep. Andy Barr (R-KY), the chairman of the House Financial Services subcommittee, is still aiming to send by August a bill to the president’s desk that is based on Sen. John Cornyn’s (R-TX) legislation to modernize and expand the jurisdiction of the Committee on Foreign Investment in the United States, he told Inside U.S. Trade on Thursday after…
The U.S. can institute tariffs on foreign goods without sparking a global trade war, a senior White House economic official said Thursday. [Jeff Cox | March 16, 2018 | CNBC] In slapping tariffs on steel and aluminum, the Trump administration is acting in the nation’s economic and national security interests and not looking to provoke, Peter…
Sen. Tammy Baldwin (D-WI) this week blasted a panel of Cabinet members for a lack of “Buy American” language in the White House’s 2018 infrastructure blueprint, issued last month. [Isabelle Hoagland | March 16, 2018 | Inside US Trade] The White House proposal, released on Feb. 12, does not include provisions mandating the use of U.S.…
Peter Schweizer, who delved into the Clinton Foundation’s dealings in 2016’s “Clinton Cash,” has turned his sights to the money-making machinations of DC’s political elite. [Larry Getlen | March 17, 2018 | Politico] His new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” — due out Tuesday from Harper Collins — exposes…
President Trump knocked over several apple carts when he signed an order imposing tariffs on imported steel and aluminum. [Curtis Ellis | March 9, 2018 | WND] He upended decades of free-trade dogma that prevailed in Washington whatever party held power. He rejected the ivory tower theories that created the economic nightmare that has destroyed…
Washington~ Members of the Coalition for a Prosperous America (CPA) visited more than 100 House and Senate offices in the nation’s capital this week to sound an alarm: America’s massive, growing trade deficit is killing jobs, harming communities, and stifling economic growth. In a two-day blitz, CPA members left their mark on Capitol Hill, urging…
For years the Chinese government has evaded America’s technology-transfer safeguards and been allowed to vacuum up military-applicable technologies from U.S. companies. The Chinese have perfected the weaponization of investment as a legal means to achieve this massive transfer of dual-use technology, bolstering China’s military modernization. If the U.S. loses its military-technology advantage over China and…
Members of the Coalition for a Prosperous America (CPA) visited more than 100 House and Senate offices in the nation’s capital this week to sound an alarm: America’s massive, growing trade deficit is killing jobs, harming communities, and stifling economic growth. In a two-day blitz, CPA members left their mark on Capitol hill, urging Members…
These 107 free trade Republicans sent a letter to President Trump opposing his steel and aluminum tariffs. https://reichertforms.house.gov/uploadedfiles/233_letter_to_potus.pdf
(March 9, 2018) — The recent tariffs on steel and aluminum have been characterized as trade war. This is weird, because countries often enforce trade rules with targeted tariffs and sanctions, and markets adjust. What’s the real issue? [Stan Sorscher | March 9, 2018 | The Stand] In the orthodoxy of free trade, tariffs are…