Manufacturing was the economic growth engine of United States. It helped to create the high paying jobs, improved living standards, national wealth, military might, and tax revenues. Unfortunately, there has been a dramatic decline in the above scenario for the United States in the 21st century. The U.S is rapidly turning into non-Super Power second rate country.…
The high-profile presidential primary revolt against decades of damaging American trade policy finally has forced the Trans-Pacific Partnership (TPP) into mainstream media coverage. [Lori Wallach| March 24, 2016 |Huffington Post] The usual free-trade-agreement cheerleading squad of chronic-job-offshoring corporations, Wall Street, agribusiness and their coterie of think tanks and pundits are unnerved. After spending billions in…
Residents of Washington state recognize the difference between a good trade policy and a bad trade policy. A bad trade policy is still bad, even if you call it “free trade,” “nuanced trade” or “utilitarian.” [Stan Sorscher| March 23, 2016 |Seattle Times] The Trans-Pacific Partnership is neither free, nuanced nor utilitarian. It’s an extension of…
Millions of voters are siding with Donald Trump in the Republican primaries, and it’s not just because he’s a racist. He’s one of the few politicians (Bernie Sanders is another) who is telling the truth about why the American middle class is collapsing: Unfair foreign trade has decimated factory jobs, the bedrock of our economy.…
Two letters released today and yesterday indicate that the Obama administration has a daunting challenge in convincing Congress to support the Trans-Pacific Partnership trade pact. Bloomberg BNA| March 23, 2016 |Bloomberg BNA] Today, 19 members of the New York congressional delegation, led by Reps. Chris Collins (R-N.Y.) and Louise Slaughter (D-N.Y.), sent a letter to…
Current U.S. trade policies have become deeply unpopular with a critical mass of Americans — that much is clear from recent primary results and exit polls, and the longer running presidential campaign success of Republican Donald Trump and Democrat Bernie Sanders. Voters mainly, and understandably, fear that their job and wage prospects have been kneecapped by free…
The U.S. ambassador to the European Union has accused the European Commission of potentially endangering the Transatlantic Trade and Investment Partnership (TTIP) with its stance in the agriculture negotiations. Daily News| March 22, 2016 |Inside US Trade] Ambassador Anthony Gardner charged in a March 17 speech that the commission is seeking to expand its already…
At the Northern California Manufacturing Summit held in Sacramento on February 19, 2016, attendees had the opportunity to sign up to be on a Manufacturing Task Force to prepare a report after selecting the most important issues affecting manufacturing during the concluding breakout session. Over the last month, the Task Force conferred via conference call…
Those who work for Carrier have learned the costs of global trade on a personal and financial level after the company suddenly announced a move to Mexico. [Mary Chastain| March 19, 2016 |Breitbart] “We have to look around the corner and see how this market will change in order to invest and stay…
An Americans for Limited Government (ALG) poll shows many potential voters initially oppose the Trans-Pacific Partnership when asked about the deal, but that opposition grows after people are given information reflecting both sides of the debate. [Daily News| March 18, 2016 |Inside US Trade] Before reading the additional arguments for and against TPP provided by…