Sanders urges Dems to oppose holding TPP vote

Bernie Sanders is urging Democrats to oppose holding a vote on a massive Pacific Rim trade deal.  [Vicki Needham | June 27, 2016 | The Hill] The Vermont senator wants the party’s platform to make its opposition clear on the 12-nation Trans-Pacific Partnership (TPP), which the White House is trying to push through Congress before President…

Why the New Nationalists Are Taking Over

It’s time to acknowledge that Donald Trump and Boris Johnson have far more in common than funny hair, and that the movement once known as conservatism—to which both men retain only the barest connection—is taking on a new form, that of an unabashed, xenophobic nationalism. Trump and Johnson have tapped into a profound trend in…

Democrats Reject Platform Proposal Opposing Trade Deal

Democrats on Friday voted down an amendment to the party’s platform that would have opposed the Trans-Pacific Partnership trade deal, avoiding an awkward scenario that would have put its statement of values at odds with President Barack Obama. [Ken Thomas | June 26, 2016 | ABC News] Members of a Democratic National Convention drafting committee defeated…

Trump Says Clinton Only ‘Pretending’ To Oppose TPP

Donald Trump delivered what’s being viewed as his first major general election speech today, and he went hard after Hillary Clinton on trade, dismissing entirely her oft-stated opposition to the Trans-Pacific Partnership. [Daily News | June 22, 2016 | Inside US Trade] “If she is elected president, she will adopt the Trans-Pacific Partnership and we…

ITC Okays Tariffs on Steel Imports from China, Japan

We’ve got a bit of news from the U.S. International Trade Commission (ITC) today, whichokayed duties on imports of cold-rolled steel flat products from China and Japan. [Matthew McMullen | June 22, 2016 | Alliance for American Manufacturing] Last month, the Commerce Department announced anti-dumping duties of 266 percent on this product from China and 71 percent on this product from Japan, plus an additional countervailing duty…

Will the TPP Stop Japan’s Currency Manipulation?

The answer is a resounding “no.” The Trans-Pacific Partnership Agreement will not stop Japan’s currency manipulation or that of any other partner country because TPP has no provisions regarding currency manipulation misalignment in its text. The problem of currency manipulation is similar to the U. S. budget deficit that keeps being kicked down the road…

RIP, TPP

ADVOCATES OF PARTICULAR issues sometimes have to be reminded that presidential elections have consequences. One of the lessons people should learn this year is that so do primaries. [Barney Frank| June 20, 2016 |Boston Globe] If voters deliver a clear enough message in the nominating process, it can determine public policy outcomes even before those nominated…