Washington~ In his first day of office, President Trump signed an executive order to withdraw the US from Trans-Pacific Partnership (TPP) negotiations. “It’s a great thing for the American worker, what we just did,” said President Trump while signing order. This executive order fulfills a campaign promise to rewrite America’s trade policy during his first…
Treasury secretary nominee Steven Mnuchin was questioned more than once on his trade policies during his confirmation hearing, as senators asked for his thoughts on Trump’s tariff threats, currency manipulation and the TPP. China currency: Mnuchin will be in charge of carrying out Trump’s orders to label China or any other country a currency manipulator. In…
President Donald Trump on Monday will start to unravel the behemoth trade deal he inherited from his predecessor, as two sources familiar with the matter told CNN he plans to sign an executive order to withdraw from the negotiating process of the Trans-Pacific Partnership. [Jeremy Diamond and Dana Bash | January 23, 2017 |CNN] That…
Speaker Paul Ryan (R-WI.) spoke recently in support of free trade agreements (FTAs) at a Pennsylvania town hall meeting Speaker Paul Ryan (R-WI.) spoke recently in support of free trade agreements (FTAs) at a Pennsylvania town hall meeting broadcast on television (and now available on YouTube here). The Speaker was asked by Coalition for a…
Last week, Speaker Paul Ryan (R-WI.) spoke in support of the current GOP tax reform proposal, Last week, Speaker Paul Ryan (R-WI.) spoke in support of the current GOP tax reform proposal, including border-adjustable tax provisions. The Speaker was responding to a question from Coalition for a Prosperous America (CPA) member Bill Jones at a…
Chief Justice Roberts, President Carter, President Clinton, President Bush, President Obama, fellow Americans, and people of the world: thank you. We, the citizens of America, are now joined in a great national effort to rebuild our country and restore its promise for all of our people. Together we will determine the course of America and…
Trump just signed an executive order beginning the withdrawal of the U.S. from the Trans-Pacific Partnership trade agreement. Good riddance. I’ve been fighting this for a long time. As I noted five years ago, when this thing was just beginning, the omens were never good, and Obama should have known better. After the failed promises of NAFTA,…
U.S. Trade Representative Michael Froman is punting the decision to extend duty-free, quota-free preferences for exports of travel goods to the U.S. for all Generalized System of Preferences beneficiaries to the incoming Trump administration, according to multiple sources. [Daily News| January 18, 2017 |Inside US Trade] Sources said that Froman will also issue a non-public…
President-elect Trump’s pick for Commerce secretary, Wilbur Ross, said on Wednesday that he wants to overhaul how the U.S. negotiates free trade agreements, urging a “systematic re-examination” process that would assess where a deal falls short and listing reciprocity and simultaneity of concessions as two of the principles he wants to include in his model.…
President-elect Trump’s pick for Commerce secretary kept China’s trade policies in his cross-hairs throughout his questioning in front of the Senate Commerce Committee on Jan. 18, managing to remain critical of Beijing while calming the fears of some senators that the Trump administration will follow through on threats and impose a high tariff on Chinese…
