The 2017 National Trade Estimate Report features a new set of grievances concerning Chinese “barriers to digital trade” and blasts Beijing’s state-directed “Made in China 2025” plan for seeking to provide domestic companies advantages over foreign ones. [Jack Caporal] March 30, 2017 [Inside US Trade] The report from the Office of the U.S. Trade Representative, released annually,…
Washington~ Coalition for a Prosperous America announces the appointment of three new members to its Advisory Board. Joining the Advisory Board are Gregg Fisher, founder of Gerstein Fisher; Greg Autry, assistant professor of clinical entrepreneurship at USC Marshall and a member of Trump’s transition team for NASA, and John R. Hansen, an international economist and…
By Jeff Ferry, CPA Research Director On Friday, President Trump announced two executive orders that look like the beginning of a major offensive on trade policy. “Today….I set the stage for a great revival of American manufacturing,” the President said in Friday’s White House briefing. The most significant executive order calls for a 90-day investigation…
Washington~ President Donald Trump is moving to fulfill his campaign promises by signing two executive orders related to trade today. The first will launch an investigation of the U.S. trade deficit by examining U.S. trade relationship country-by-country to look for issues like trade cheating, lax enforcement or currency manipulation. “This is a very smart move…
One change would be in government-procurement section of deal that could open up door for ‘Buy American’ policies WASHINGTON—The Trump administration is signaling to Congress it would seek mostly modest changes to the North American Free Trade Agreement in upcoming negotiations with Mexico and Canada, a deal President Donald Trump called a “disaster” during the…
WASHINGTON—The Trump administration appears poised to cement China’s unfavorable status in trade cases, making Chinese goods eligible for higher U.S. tariffs well into the future. [William Mauldin] March 29, 2017 [The Wall Street Journal] U.S. officials are preparing a review of China’s “market-economy status” under the World Trade Organization, according to official documents on the…
For those who trusted Trump’s pledge to make NAFTA “much better” for working people, it’s a punch in the face because the proposal could have come from any past pro-NAFTA administration and describes the Trans-Pacific Partnership (TPP) or any other same-old trade deal. [Lori Wallach, Director] March 30th, 2017 [Public Citizen’s Global Trade Watch] If…
Satellite images published this week confirm that China has almost completed the construction of a variety of military assets in the Philippine and Vietnamese South China Sea, assets that allow it to deploy fighter jets and missile launchers at a moment’s notice and provide it expanded surveillance capabilities. [FRANCES MARTEL] March 28, 2017 [Breitbart] The images…
Soon after President Trump took office, an executive order was quietly drafted to suspend talks with China on an obscure but potentially far-reaching treaty about bilateral investment. [Don Lee| March 28, 2017 |LA Times] After eight years and two dozen rounds of negotiations, the treaty terms were almost in final form. Pulling out after so much time…
Washington, DC ― Despite President Trump’s suggestions to the contrary, Mexico has not fared well during the 23 years it has been party to the North American Free Trade Agreement (NAFTA). An updated report from the Center for Economic and Policy Research (CEPR) finds that poverty in Mexico went up under NAFTA, while per capita economic growth…