For Immediate Release: May 18, 2016Contact: Tillie McInnis, (202) 293-5380 x117 Key Findings of the USITC Analysis of the Trans-Pacific Partnership Agreement Washington, D.C. — CEPR’s Dean Baker issued the following statement on the latest USITC Report and the TPP: “The United States International Trade Commission (USITC) report on the Trans-Pacific Partnership (TPP) was far closer in its…
The US International Trade Commission report shows that the best the US cattle industry can hope for from TPP is that in 15 years we will market barely over one day’s kill in additional cattle given that the U.S. is presently slaughtering approximately 120,000 cattle per day in U.S. slaughtering plants. [May 18, 2016 |R-CALF USA] Billings, Mont. –…
May 18, 2016 Contact: Andrew Jerome, 202-314-3106 [email protected] WASHINGTON (May 18, 2016) – The U.S. International Trade Commission (USITC) today released their economic assessment of the widely contested Trans-Pacific Partnership (TPP) trade agreement, predicting modest gains for the overall economy despite an increase in the United States’ already massive trade deficit. National Farmers Union (NFU)…
ITC report finds little benefit to U.S. Economy from TPP The U.S. International Trade Commission has released a report on the potential economic impacts of the Trans-Pacific Partnership (TPP.) And while the topline findings of the report suggest some minimal benefits, a thorough reading of the document reveals the trade deal’s job-killing implications. ‘Trans-Pacific Partnership Agreement: Likely Impact…
by Michael Stumo A trade reporter contacted me last week for comments about an article. In my response, I stated that our trade policy is causing us to have the economic profile of a third world country. The reporter asked why I said that. The email I sent in answer to that question is below.…
As a result of my writing and speaking about returning manufacturing to America through reshoring, I recently received information from the International Economic Development Council (IEDC) inviting me to educate my audience on the findings of their research and the tools and resources available when manufacturers are considering reshoring. The IEDC is a non-profit membership organization…
FOR IMMEDIATE RELEASE Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] The following statement may be attributed to Michael Stumo, CEO of the Coalition for a Prosperous America. ——– CPA appreciates the hard work of the US International Trade Commission (USITC) Commissioners and staff that created their recent report: “Trans-Pacific Partnership Agreement: Likely Impact…
HONG KONG — Chinese authorities are quietly scrutinizing technology products sold in China by Apple and other big foreign companies, focusing on whether they pose potential security threats to the country and its consumers and opening up a new front in an already tense relationship with Washington over digital security. [Paul Mozur & Jane Perlez| May 16,…
by Michael Stumo Eduardo Porter, a New York Times economics reporter, wrote today that we have no way to grow the US economy because of a shrinking workforce and lack of productivity growth. He is wrong. Porter is a posterchild for establishment economics that have gotten us into this stagnation mess with their push for…
Democratic frontrunner Hillary Clinton got some political help on trade over the weekend as Sen. Sherrod Brown (D-OH) – who’s on everyone’s short list for vice presidential picks – defended his former Senate colleague on CNN. [Daily News| May 17, 2016 |Inside US Trade] Brown – who, as the network notes, is a “strident opponent…