The U.S. International Trade Commission today proposed up to 50 percent tariff-rate quotas on imports of large residential washers and associated parts, agreeing across the board on remedy types and lengths in recommendations for President Trump to consider in a Section 201 investigation. [Isabelle Hoagland | November 21, 2017 | Inside US Trade] The probe…
By Jeff Ferry, CPA Research Director Last month, UK automotive components manufacturer Brose installed a new £10 million ($13M) paint line at its factory in Coventry, England. Brose hired an additional 30 workers to staff the paint process, bringing its UK workforce to nearly 1,000. Juergen Zahl, president of the UK branch of German-headquartered Brose…
The chattering class expressed worry and apprehension about the administration’s trade policy once again last week. Originally appears in Breitbart Why, they asked, is Trump not negotiating trade deals with China during his recent trip through Asia? The answer is that any negotiations would have been a fruitless waste of time and a distraction. Instead, the…
Breitbart News Executive Chairman and former White House Chief Strategist Steve Bannon warned Monday that America’s attention needs to be focused on China, or it will be left behind in the communist country’s wake. [Adam Shaw | November 15, 2017 | Breitbart] “Since the fall of the Berlin Wall, since our great victory over communist…
Americans without a college degree are worse off than they were 40 years ago, according to a report published by Bank of America Merrill Lynch. [Tom Ciccotta | November 13, 2017 | Breitbart] Although real wages for those with a college degree have risen, they have remained static for those with only a high school…
BEIJING — He was a brilliant student during the dark days of China’s Cultural Revolution. He visited America, and left unimpressed with democracy. Plucked from academia, he climbed the ladder of Beijing’s brutal politics. [Jane Perlez | November 13, 2017 | The New York Times] He did not attend President Trump’s meeting with Xi Jinping last week, but…
At last week’s APEC (The Asia-Pacific Economic Cooperation) summit, President Trump laid out his administration’s views on future trade policy in more detail than we’ve seen before in a public address. Below is the trade related excerpt of the November 10 speech. … At the core of this partnership, we seek robust trade relationships rooted in the…
In his Friday evening keynote at the Citadel Republican Society’s 2017 Patriot Dinner, Breitbart News Executive Chairman Stephen K. Bannon made the case that the populist-nationalist social awakening behind the twin revolutions of Brexit and President Donald Trump’s election represent one unified challenge to the post-war globalist economic order that has prevailed since 1945. [Ian…
By Jeff Ferry, CPA Research Director The Republican tax reform plan is suffering from a shortage of funds. Paul Ryan and his colleagues are trying to give the American people a substantial tax cut as their signature achievement of 2017. However, they are constrained by Congressional rules that limit increases in the federal budget deficit…
Senate Minority Leader Chuck Schumer (D-NY) said today that while President Trump “may not blame China” for the U.S. trade deficit, he does – “and so do millions of Americans who voted for him and others who have lost their jobs at the hands of China’s rapacious trade policies.” [Daily News | November 10, 2017…