[Jason Gayle, Lydia Mulvany and Monte Reel | December 15, 2016 |Bloomberg] From the air, the Pearl River Delta in southern China’s Guangdong province resembles a mass of human cells under a microscope. Hundreds of thousands of tiny rectangular blocks, all of them shades of green, are clustered between cities and waterways. Livestock pens are…
[JARED BERNSTEIN AND DEAN BAKER| December 8, 2016 |The Atlantic] However one feels about Donald Trump, it’s fair to say he has usefully elevated a long-simmering issue in American political economy: the hardship faced by the families and communities who have lost out as jobs have shifted overseas. For decades, many politicians from both parties ignored the…
[Daily News | December 14, 2016 |Inside US Trade] President-elect Donald Trump told tech company leaders at a summit in New York on Wednesday that his administration would make “trade across borders” much easier. The summit was attended by the heads of major tech companies like Amazon, Apple, Google, Facebook and Tesla. Trump, according to…
[Daily News | December 14, 2016 |Inside US Trade] China’s Foreign Ministry spokesman this week defended China’s Dec. 12 decision to initiate a case at the WTO against the U.S. and the EU over their interpretation of a key provision in China’s accession protocol – emphasizing that China is “dissatisfied” with countries that are “ambiguous”…
[Daily News | December 15, 2016 |Inside US Trade] President-elect Donald Trump is scheduled to meet on Wednesday with his pick to run the Commerce Department, Wilbur Ross, to discuss trade policy initiatives – including a new Chinese threat to penalize an unnamed automaker for alleged monopolistic behavior. According to a report from Reuters, which…
[December 13, 2016 |Platts] The 15th anniversary of China’s accession to the World Trade Organization came and went on Sunday without any change in how the US will treat the country under antidumping duty laws — to the relief of the US steel industry. “No decision was made by the US government today or yesterday. We have…
[Megan Cassella | December 14, 2016 |Politico] President-elect Donald Trump may be inching closer to a decision on who to tap for U.S. trade representative after Wayne Berman, a senior executive with the Blackstone Group, stopped by Trump Tower this week for an unannounced meeting, a source familiar with the transition told POLITICO. Berman and…
[ Claudia Tenney | December 12, 2016 |CNN] (CNN)By selecting Iowa Governor Terry Branstad as US Ambassador to China, President-elect Donald Trump chose a man who Chinese President Xi Jinping considers a “friend.” But as a friend, Branstad will be the messenger to deliver the hard truth that the days of America bowing and scraping at China’s…
Working-class voters made clear that stupid trade policies like the Trans-Pacific Partnership and China’s entry into the World Trade Organization made them poorer, not richer,” Michael Stumo, the CEO of Coalition for a Prosperous America, told Business Insider. “Mr. Tillerson is a bright man with admirable management and deal-making skills which he used to support…
[ Allan Smith| December 14, 2016 |Business Insider] President-elect Donald Trump’s nominee for secretary of state — Exxon Mobil CEO Rex Tillerson — once praised the trade agreement Trump lambasted along the campaign trail as a “promising development” regarding trade relations in the Asia-Pacific region. In a 2013 speech to the Asia Society Global Forum, Tillerson,…