The Office of US Trade Representative requested comments from interested parties regarding a June 27, 2017 hearing regarding NAFTA Renegotiations. This is CPA’s official written testimony submitted in response. Summary The US needs to rethink trade agreements and unilateral trade policy options to better connect them with improved trade performance through increased US production, wages,…
A new analysis commissioned by manufacturing and export giant Caterpillar attempts to dismantle arguments that the border adjustment tax contained in the House Republican tax reform “blueprint” would violate U.S. commitments under World Trade Organization rules. [Charlie Mitchell] June 7th, 2017 [Inside Trade] Critics on Capitol Hill, in industry and academia have cited incompatibility with…
During the campaign, candidate Donald Trump called the North American Free Trade Agreement (NAFTA) a “disaster” and promised he would renegotiate it to make it “much better” for working Americans or withdraw from the deal. Today, Public Citizen is releasing the first two in a series of briefing papers on NAFTA’s outcomes since it went…
Though it wasn’t included in the April state budget deal, backers of legislation aimed at boosting U.S. manufacturing are optimistic that a proposal to encourage the state to give preference to American-made goods will be passed this month as the legislative session winds down. [DAN ROSENBLUM] June 5th, 2017 [City & State New York] The…
The present is getting better. The future, not at all. Even as more Americans say the economy is improving, a clear majority remain fearful about their children’s financial prospects, according to a study released Monday. [NELSON D. SCHWARTZ] June 5th, 2017 [The New York Times] The pessimism is not limited to the United States, either,…
France, it would seem, is no longer the chief villain among America’s so-called European allies. That honor now goes to Germany. June 4th, 2017 [USA Today] At least that is the message President Trump sent last week by blasting Germany for its perennial trade surpluses and its reluctance to spend more on defense, prompting German Chancellor Angela Merkel…
Washington~ CPA released a report today finding soaring levels of imports and little or no increase in exports of fruits and vegetables despite “free” trade agreements. US fruit and vegetable trade performance has gone from nearly balanced trade in the early 1990’s to a massive $11.4 billion deficit in 2015. U.S. Fruit and Vegetable Trade…
The road to a sustainable Democratic majority—nationally, locally, and in the states—must include much higher Democratic performance with white working-class voters (those without a four-year degree). Nearly every group in the progressive infrastructure is busy figuring out how Democrats can get back to the level of support they reached with President Obama’s 2012 victory. That…
By Jason Cooper (CPA Research Assistant), Jeff Ferry (CPA Research Director), Michael Stumo (CEO of CPA) Introduction Trade in many fruit and vegetables has been disastrous for US agriculture and American farmers over the last two decades, following ratification of free trade agreements, notably those with Mexico (NAFTA), Central America (CAFTA), and Chile. In many…
Steel attorney Jeffrey Gerrish, head of the law firm Skadden Arps’ international trade group and former colleague of U.S. Trade Representative Robert Lighthizer, will be nominated for the position of deputy U.S. Trade Representative, sources told Inside U.S. Trade. [Jenny Leonard] June 1st, 2017 [Inside Trade] Gerrish worked under Lighthizer, who previously ran the international trade…
