Ross Confident Administration Can Negotiate Better Trade Terms

Commerce Secretary Wilbur Ross expressed confidence that the Trump administration can achieve better trade terms through negotiations with trading partners, rather than immediately turning to tariffs or other punitive measures that could generate retaliation or other economic repercussions. [William Mauldin] June 12th, 2017 [The Wall Street Journal] President Donald Trump, who repeatedly warned in his 2016 campaign…

U.S. Should Create a Fair Trade Framework That Puts Family Farmers, Ranchers, & Rural Communities First

WASHINGTON – As the Trump Administration navigates a renegotiation of the North American Free Trade Agreement (NAFTA), National Farmers Union (NFU) is urging the administration to establish a new, fair trade framework for international trade deals that benefits family farmers, ranchers, and rural residents. [Andrew Jerome] June 12th, 2017 [National Farmers Union] In public comments…

Sound the Alarm: Robots Are Disrupting (Far Too Few) Jobs

It has become an article of faith that workers today are experiencing almost unprecedented levels of labor-market disruption and insecurity: Robots are automating factory jobs, kicking lunch-pail workers into the unemployment line. Taxi drivers are being displaced by Uber. Artificial intelligence is even taking over some of the tasks that lawyers and doctors used to…

AFL-CIO Reveals NAFTA Recommendations to Benefit Working People

View 2-page Overview | View Full Recommendations   (Washington, D.C., June 12, 2017)  Today, the AFL-CIO revealed an extensive set of recommendations that could turn the North American Free Trade Agreement into a trade agreement that empowers working people. The recommendations include changes to labor and procurement rules, as well as improved consumer protections and new rules to prevent…

CPA Written Testimony: NAFTA Negotiations

The Office of US Trade Representative requested comments from interested parties regarding a June 27, 2017 hearing regarding NAFTA Renegotiations. This is CPA’s official written testimony submitted in response. Summary The US needs to rethink trade agreements and unilateral trade policy options to better connect them with improved trade performance through increased US production, wages,…

Analysis says GOP border adjustment tax proposal would pass WTO test

A new analysis commissioned by manufacturing and export giant Caterpillar attempts to dismantle arguments that the border adjustment tax contained in the House Republican tax reform “blueprint” would violate U.S. commitments under World Trade Organization rules. [Charlie Mitchell] June 7th, 2017 [Inside Trade]  Critics on Capitol Hill, in industry and academia have cited incompatibility with…

What U.S. can learn from Germany: Our view

France, it would seem, is no longer the chief villain among America’s so-called European allies. That honor now goes to Germany. June 4th, 2017 [USA Today] At least that is the message President Trump sent last week by blasting Germany for its perennial trade surpluses and its reluctance to spend more on defense, prompting German Chancellor Angela Merkel…