U.S. Senator and Republican presidential hopeful Rand Paul (R-KY) is calling on President Barack Obama to conclude negotiations over the Trans-Pacific Partnership (TPP) by year’s end. [by Zachary Keck | October 28, 2014 | The Diplomat] Last week Senator Paul gave what his office billed as a major foreign policy address comprehensively outlining his…
China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world’s biggest producer are taking advantage of the rebate to sell surplus steel cheaply. [by Yuka Obayashi and Manolo Serapio Jr | October 29, 2014 | Reuters] The steel in question contains boron,…
Context isn’t kind to the retailer’s “American-made” PR promises. The web filter at the Alliance for American Manufacturing (AAM) caught a big ol’ piece of chaff this week, in the form of a release from Walmart. America’s largest retailer has announced plans to purchase $250 billion worth of American-made goods over the next decade.…
On October 16th, about 130 business leaders met at the conference facilities of AMN Healthcare in San Diego for the third “Manufacturing in the Golden State – Making California Thrive” economic summit. The summit was hosted by State Senator Mark Wyland in partnership with the Coalition for a Prosperous America and a long list of…
China Daily is promoting the comments of Cato Institute’s Bill Watson to assert that the US is abusing China in the trade relationship. Astounding! China Daily says: Bill Watson, a trade policy analyst at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, said the US sets anti-dumping duties against Chinese goods using…
For Immediate Release October 27, 2014 Contact: Trevor Kincaid [email protected] Joint Statement of the Ministers and Heads of Delegation for the Trans-Pacific Partnership Countries We, the Ministers and Heads of Delegation for Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam have completed our three-day ministerial meeting…
A decision by Congress to extend the Export-Import Bank only temporarily is raising concern among business owners who say they rely on the credit agency to lower the risks of exporting. [Reposted from The Wall Street Journal | Michael Crittenden and Adam Janofsky | October 22, 2014, 2014] Congress extended the agency’s charter through the…
A railcar and locomotive manufacturer controlled by China’s government has emerged as the top bidder for a $566.6 million contract to supply the MBTA with new cars for the Red and Orange lines. The Massachusetts Department of Transportation board of directors is scheduled to vote Wednesday on the contract for CNR MA Corporation, which is…
At a welcoming banquet in Japan in the 1980s, Ford Motor F 0% chairman Philip Caldwell received a memorably double-edged compliment. “There is no secret about how we learned to do what we do, Mr. Caldwell,” said the head of Toyota Motor , Eiji Toyoda. “We learned it at the Rouge.” [By Eamonn Fingleton |…
HONG KONG — China churns out many of the world’s electronic devices: smartphones, computers, complicated networking equipment. Now the country is redoubling its efforts to design and produce the brains behind most of those electronics, the chip. [by Paul Mozur | October 26, 2014 | The New York Times China is playing catch-up with global…
