While many across America have focused (rightly) on the wreckage of American factories caused by the North American Free Trade Agreement, many more families also saw their livelihoods impacted as NAFTA hammered America’s beef industry. [Mike Schultz | October 23, 2017 | High Plains Journal] As a family farmer in Brewster and a Local Union…
A steel mill in Huger, S.C., in April. The president signed executive orders in April calling for the Department of Commerce to launch investigations into whether imports of steel and aluminum were harming American national security. [Ana Swanson | October 26, 2017 | New York Times] WASHINGTON — Frustration over President Trump’s delay in imposing…
During an interview broadcast on Wednesday’s edition of the Fox Business Network’s “Lou Dobbs Tonight,” President Trump stated that in order to turn NAFTA into a fair deal, it has to be terminated. [Ian Hanchett | October 25, 2017 | Breitbart] Trump said, “I tell my people, I say right now it’s going to be very…
The Trump Administration wants to bring down the U.S. trade deficit. [Brad W. Setser | October 27, 2017 | CFR.Org] A number of manufacturing-heavy Asian economies run sizable current account surpluses. Over the course of the summer, some of them were clearly intervening to keep their currencies from rising against the dollar. But, somewhat surprisingly,…
The U.S. is “not in a position to offer anything in return” to Mexico and Canada in the NAFTA renegotiation talks, Commerce Secretary Wilbur Ross said on Wednesday – calling the U.S. approach a “tough sell.” [Daily News | October 26, 2017 | Inside US Trade] In brief remarks on CNBC, Ross was asked about the…
Last week China’s President Xi Jinping gave a 3 ½ hour speech at China’s Communist Party Congress. While some American commentators say China is becoming more like the west, Xi declared, on the contrary, that China is rising quickly to world superpower status, capable of challenging the US economically, politically, and, by 2050 militarily, too.…
President Trump told Republican senators in private on Tuesday he believes the U.S. must trigger a withdrawal from NAFTA to move Canada and Mexico to negotiate more seriously, adding that they should “trust” him to get a better deal, multiple senators told Inside U.S. Trade. [Jenny Leonard | October 25, 2017 | Inside US Trade] “The…
The Coalition for a Prosperous is proud to announce the publication of Rebuild Manufacturing – the key to American Prosperity by Michele Nash-Hoff, Chair of our California chapter. Michele is President of ElectroFab Sales and has been a CPA member since 2011. Michele has participated in producing five manufacturing summits in California since 2013 as…
Outrage over the North American Free Trade Agreement (NAFTA) and the outsourcing of American jobs fueled the populist uprising that swept Donald Trump to victory in 2016. [Curtis Ellis | October 22, 2017 | Breitbart] Now, NAFTA is poised to be a central issue in the 2018 midterm elections, providing lethal ammunition for the populist-nationalist…
“I had always been told that unskilled jobs moved abroad. Yet Shannon’s job was complicated. It had taken her years to master. Could I do what she did? I honestly wasn’t sure. [Farah Stockman | October 23, 2017 | New York Times] I had always been told that automation, not trade, was the reason factory workers…