Washington~ CPA released a report today finding soaring levels of imports and little or no increase in exports of fruits and vegetables despite “free” trade agreements. US fruit and vegetable trade performance has gone from nearly balanced trade in the early 1990’s to a massive $11.4 billion deficit in 2015. U.S. Fruit and Vegetable Trade…
By Jason Cooper (CPA Research Assistant), Jeff Ferry (CPA Research Director), Michael Stumo (CEO of CPA) Introduction Trade in many fruit and vegetables has been disastrous for US agriculture and American farmers over the last two decades, following ratification of free trade agreements, notably those with Mexico (NAFTA), Central America (CAFTA), and Chile. In many…
The U.S. has rejected a Chinese proposal to amend the World Trade Organization’s trade remedy rules, saying at a May 31 informal meeting of the WTO’s Rules committee that it would not participate in negotiations to change them, according to Geneva sources. [Brett Fortnam] May 31st, 2017 [Inside Trade] The U.S. said there was “no…
On Friday’s Breitbart News Daily, SiriusXM host Joel Pollak asked Secretary of Commerce Wilbur Ross about the possibility of a free trade deal with Europe in the wake of America’s withdrawal from the Paris climate accords. [John Hayward] June 2nd, 2017 [Breitbart] Ross recommended such a trade deal for several reasons. “First of all, Europe has…
In honor of Small Business Week, Inc. reporters deployed to several cities where they spent one day talking to owners and entrepreneurs in a particular sector about their challenges. [Leigh Buchanan] May 2nd, 2017 [Inc.com] Kevin Plank made a fortune from manufacturing. Now he wants to seed his adopted hometown of Baltimore with manufacturers, replacing urban blight with…
Steel attorney Jeffrey Gerrish, head of the law firm Skadden Arps’ international trade group and former colleague of U.S. Trade Representative Robert Lighthizer, will be nominated for the position of deputy U.S. Trade Representative, sources told Inside U.S. Trade. [Jenny Leonard] June 1st, 2017 [Inside Trade] Gerrish worked under Lighthizer, who previously ran the international trade…
By Jeff Ferry, CPA Research Director A strong rise in April’s trade deficit and lackluster growth in May employment figures underscore the challenges facing the Trump Administration as it tries to piece together an economic growth strategy. According to the Department of Commerce, the U.S. trade deficit rose by $2.3 billion in April to reach…
When we talk about Buy America, we often focus on American workers. Buy America preferences, after all, give U.S. workers and companies the first shot at work like building infrastructure or equipping our military, making sure taxpayer dollars are reinvested in local communities rather than being sent overseas. [BRIAN LOMBARDOZZI] May 31st, 2017 [American Manufacturing] What…
German Economy Minister Brigitte Zypries told reporters after a meeting with U.S. Trade Representative Robert Lighthizer late last week that the two officials had a “lively exchange” about their differing views of what causes the U.S. trade deficit with Germany, adding that she is confident they will make progress on key issues after agreeing to…
The Technology and Manufacturing Association (TMA) of Illinois has become the newest trade association member of Coalition for a Prosperous America (CPA). TMA is a 1,000 member organization of precision manufacturing and supplier companies in the greater Chicago area. “The CPA team is excited to work with TMA to continue our national momentum towards rebuilding American production…