By Michael Stumo On Tuesday, November 8, in the evening, there was an earthquake. In the course of a few hours late that day, the expectations of most (but not all) flipped from an obvious Clinton victory to a massive and widespread Trump victory. Trade issues and the working class were the deciding factors. I’m…
By Michael Stumo Building upon, and solidifying, our bipartisan gains on trade is crucial right now. The TPP is dead. Trump and the House Democrats agree on a surprisingly long list of trade issues. The working class voters decided the election, in large part on the trade issue, and Trump won. Dems are reeling from…
[DANIEL LOOKER| November 09, 2016 |Agriculture] For the past eight years, many farmers have chafed under what’s seen as regulatory overreach under the Obama Administration. Farm groups and Trump supporters expect that to be pulled back after the New York real estate mogul and reality TV star was elected the 45th U.S. president on November…
[Peter Morici | November 12, 2016 |New York Post] To win the presidency, Donald Trump promised to cut taxes, boost energy production, roll back excessive business regulations and much more, but nothing would deliver more punch for growth and jobs than his promise to fix America’s broken trade policy. The economic reasoning behind free trade…
[Kevin Kearns | November 11, 2016 |PoliZette] When Donald Trump embarks on his new trade agenda in January, he will face sustained resistance from those who opposed his primary and presidential campaigns — i.e., those whose views working Americans repudiated in the recent election. Essentially, Trump’s agenda has been criticized from the moment the Establishment realized…
[KEITH BRADSHER | November 11, 2016 |The New York Times] SHANGHAI — As a candidate, Donald J. Trump aimed some of his most blistering words at China, declaring that “we already have a trade war” and suggesting ominously that “we have the power over China, economic power.” As president of the United States, Mr. Trump can use trade — a…
[JACKIE CALMES | November 11, 2016 |The New York Times] WASHINGTON — Congressional leaders confirmed this week what seemed inevitable with the triumph of Donald J. Trump: The far-reaching trade agreement with 11 other Pacific Rim nations that President Obama hoped to leave as a major legacy, but which Mr. Trump called “a terrible deal,” is…
[JORDAIN CARNEY| November 11, 2016 |The Hill] Sen. Charles Schumer is signaling that President Obama’s signature trade agreement won’t clear Congress, roughly two days after Republican Donald Trump — who opposes the deal — won the White House. A source familiar with the New York Democrat’s remarks said he told the AFL-CIO executive council that Senate Majority Leader Mitch McConnell(R-Ky.)…
[November 10, 2016 |Nikkei] TOKYO (Kyodo) — Japan’s House of Representatives voted to ratify the Trans-Pacific Partnership trade agreement and passed a related bill Thursday, despite diminishing prospects for the ratification of the pact by the United States following Donald Trump’s victory in the presidential election. Following the vote during a plenary session of the Diet’s…
[Daily News | November 11, 2016 |Inside US Trade] European Union Trade Commissioner Cecilia Malmstrom said the Transatlantic Trade and Investment Partnership negotiations will be on hold for quite some time after the U.S. presidential election, and that she is unsure of whether President-elect Donald Trump will want to pick up the talks. For quite…