Republican presidential front-runner Donald Trump has slammed China for the devaluation of its tightly-controlled currency, describing the Communist trading giant as one of the “great thefts” of all time. [News Desk| February, 18 2016 |The Hindu] “China has been one of the great thefts of all time, what they’ve done to the United States. We…
A week ago Sunday, one of the two eventual winners of the New Hampshire primaries assailed the power of corporate lobbyists over the U.S. government, labelling them “bloodsuckers.” He attacked defense contractors for forcing the government to buy missiles it didn’t need. He blasted oil companies and insurers. And he vowed to use the…
MSNBC cut away from a live Bernie Sanders press conference this afternoon as the Democratic presidential candidate was talking about his opposition to the Trans-Pacific Partnership agreement. Watch the cutaway: [Zaid Jilani| February, 22 2016 |The Intercept] “You’ve been listening to Bernie Sanders, less of a press conference, more of a speech. I want to…
Updated: BRUSSELS — In a closed-door meeting with European business representatives here Tuesday (Feb. 23), U.S. chief negotiator Dan Mullaney appeared to back off the administration’s publicly stated goal of concluding the Transatlantic Trade and Investment Partnership (TTIP) in 2016, leaving open the possibility that the talks would not finish in that timeframe, according to…
Recently the U.S. trade representative signed a multinational trade deal called the Trans Pacific Partnership. To be finalized, Congress has to ratify it. [Steve Charter| February, 15 2016 |Independent Record] As a rancher, I am not only concerned by the TPP, I am outraged by what it would mean to this country. I can’t…
Here’s a story you’ll be hearing about a lot this year. Chinese companies have been buying up foreign businesses — including American ones — at a record rate, and it’s freaking out lawmakers. [Portia Crowe| February, 21 2016 |Business Insider] Chinese companies have been buying up foreign businesses — including American ones — at a…
HONG KONG — As Chinese companies try to snap up American tech businesses, they are setting off ripples of unease in the Obama administration and in Congress, inciting a backlash that has stopped the latest acquisition attempt. [Keith Bradsher & Paul Mozur| February, 16 2016 |New york Times] One of the companies that first brought…
On January 25, 2016, the Peterson Institute for International Economics (PIIE) released a report on the Trans-Pacific Partnership trade agreement. The Coalition for a Prosperous America (CPA) promptly released their commentary on the Peterson Institute report the same day, which was based on oral and written testimony CEO Michael Stumo had given to the U. S. International Trade Commission on…
Emails show Clinton seeming to personally lobby her former Democratic colleagues in the Senate to support free trade agreements (FTAs) with Colombia, Panama and South Korea. She had previously told voters she would work to block the Colombian and South Korean pacts. [Jackie Salo & David Sirota| February, 19 2016 |International Business Times] An email Oct. 8, 2011, to…
The board of the National Milk Producers Federation (NMPF), the major U.S. dairy industry association, is slated to decide on the group’s position on the Trans-Pacific Partnership (TPP) at its March 8 meeting, according to NMPF Senior Vice President Jaime Castaneda. [Inside U.S. Trade| February, 16 2016 |Inside U.S. Trade] Castaneda told reporters on…
