USTR Lighthizer: Trump challenging China’s industrial policies – radio interview

WASHINGTON (Reuters) – The top U.S. trade negotiator said late on Tuesday that President Donald Trump is determined to challenge China’s use of unfair subsidies and “non-economic” industrial policy to build up export industries that are costing American jobs. [ David Lawder | July 26, 2017 |Reuters] U.S. Trade Representative Robert Lighthizer, in a rare media interview,…

USW to Trump: the time to act is now

(Pittsburgh) — United Steelworkers (USW) International President Leo W. Gerard released the following statement in response to news reports that President Trump has decided to delay action in support of the domestic steel industry under Section 232 of U.S. trade law. Section 232 provides the President with significant authority to impose penalties if he determines that…

Foxconn Says It Plans to Build Factory in Wisconsin, Adding 3,000 Jobs

Foxconn, the Taiwanese electronics supplier for Apple and other tech giants, said Wednesday it would open its first major American factory in Wisconsin, a boost both for the battleground state’s economy and the Trump administration’s efforts to bolster domestic manufacturing. [ NELSON D. SCHWARTZ and VINDU GOEL | July 26, 2017 |New York Times] White House officials noted President…

Buy America is good for Alabama

By Rep. Bradley Byrne President Donald Trump recently devoted a week to celebrating the importance of “Made in America” products with special events at the White House. I was pleased to see the president shining a spotlight on the many first-class items produced here in the United States. I often meet with manufacturing leaders from…

U.S. Message to China: Hands Off Our Companies

The U.S. is toughening its scrutiny of Chinese deals, throwing a number of high-profile takeover bids into question and helping spur a huge case backlog, according to people familiar with the process. [ Kate O’Keeffe and Julie Steinberg | July 21, 2017 |The Wall Street Journal] The Committee on Foreign Investment in the U.S. has signaled there…

What the Decline of the Dollar Means

The value of the dollar has fallen steadily since the beginning of 2017, erasing a sharp rise immediately after President Trump’s election. [BINYAMIN APPELBAUM | July 20, 2017 |The New York Times] To take one example, the number of euros that can be obtained for one dollar has declined to the lowest level in more than…

Trump White House: We’re seeing strong results

President Donald Trump hosted a ‘Made in America’ product showcase at the White House on Monday, an event that celebrated American-made products, according to the administration. [Peter Navarro | July 19, 2017 |USA Today] The cynics criticizing “Made in America” show just how out of touch they are with the challenges confronting American workers and…