The following statement can be attributed to Michael Stumo, CEO, Coalition for a Prosperous America: CPA is pleased that Bob Lighthizer was confirmed as the next U.S. Trade Ambassador by an overwhelming bipartisan majority in the US Senate today. Ambassador Lighthizer will bring a new direction of trade realism to his office. He will fill…
On April 20, 2017, over 300 people attended the Workshops for WarriorsInaugural Gala that was held on the USS Midway Carrier Museum in San Diego, California. Former California Assembly member Nathan Fletcher, now a Professor of Practice in Political Science at the University of California, San Diego, was the Master of Ceremonies. [Michele Nash-Hoff] May…
Senate Majority Leader Mitch McConnell (R-KY) on Tuesday filed a cloture motion to proceed to the nomination of U.S. Trade Representative nominee Robert Lighthizer. [Dan Dupont] May 9th, 2017 [Inside U.S. Trade] McConnell has been unable to move on Lighthizer via a unanimous consent request opposed by Sen. John McCain (R-AZ), as Inside U.S. Trade first reported on May…
Is China a market economy? At first glance, given the pervasive — and, in fact, growing — role of the state in every aspect of Chinese industry and finance, the question seems inane. Of course it isn’t. [Alan Tonelson] May 2nd, 2017 [LifeZette] The Trump administration is expected to make this obvious truth the official policy of…
I agree with the recent decision of the White House and the Commerce Department to impose anti-subsidy duties against Canada’s unfairly traded softwood lumber imports. [Jimmy Carter] May 9th, 2017 [The Washington Post] This belated enforcement of U.S. trade laws will help millions of private timberland owners, American forestry workers and members of their local communities by leveling the playing…
Sen. John McCain (R-AZ) is objecting to a unanimous consent request to proceed to the nomination of U.S. Trade Representative nominee Robert Lighthizer, McCain told Inside U.S. Trade. [Jenny Leonard] May 9th, 2017 [Inside Trade] “I have questions that are outstanding and I’d like to have answers to those questions. That’s the way the senate works,”…
Forget Machiavelli, or “Game of Thrones.” When it comes to staying in power, South Korea’s richest business clans have the game plan down. [Jonathan Soble, Jeyup S. Kwaak & ChoeSang-Hung] May 8th, 2017 [The New York Times] There is the charity maneuver, in which family members park their stakes in their business empires in philanthropic nonprofits,…
China is bent on world domination — not with its missiles and aircraft carriers, but by controlling solar energy, cloud computing and other industries of the future. [Fred Hiatt] May 7th, 2017 [The Washington Post] That is an only slightly exaggerated version of a warning coming from the American chamber of commerce in China. It…
Secretary of Commerce Wilbur Ross on Saturday doubled down on the imposition of tariffs on Canadian softwood lumber, saying they were not based on “political considerations” and that “threats of retaliatory action” are “inappropriate.” [REBECCA MORIN] May 6th, 2017 [Politico] “The Department of Commerce’s recent preliminary decision to impose tariffs on Canadian softwood lumber was…
The trade deficit with Mexico and Japan was found to be growing at an alarming rate following the release of March 2017 U.S. International Trade in Goods and Services monthly data by the Department of Commerce. [Office of Public Affairs] May 4th, 2017 [commerce.gov] The trade deficit increased by $363 million with Mexico and…
