Korean auto imports to the U.S. have surged by 20 percent in value in January of this year, the first month that the U.S. car tariff was lifted under the U.S.-Korean free trade agreement (KORUS). In December 2015, imports of passenger cars were valued at $1.5 billion and they increased to $1.8 billion in January,…
Scouring China’s annual gathering of leaders for clues about business prospects, foreign companies got a clear message: Brace for bigger, stronger local competitors. [Bloomberg| March 15, 2016 |Industry Week] Reform of the nation’s $18 trillion state sector will focus on making companies “bigger and better” with mergers and acquisitions pivotal, said the State-Owned Assets Supervision…
There is no doubt that the Wall Street Journal is desperate to go back to the utopian thought of “free trade” agreements. Let’s face it, the damage is done, people are up in arms about it, and there is no going back. They posted an article about how Reagan’s protectionism is destructionism and how that…
Michael Stumo appeared as a guest on Kerry Lutz’s show. He talked about how current free trade agreements are destroying our country. Listen in here.
I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains. [Robert Reich| March 14, 2016 |Robert Reich] The old-style trade agreements of the 1960s and 1970s increased worldwide demand for products made by American workers,…
Big businesses can take comfort in the expectation that Hillary Clinton will revise her current anti-trade deal stance once she’s in office, according to the head of a prominent business association. [Al Weaver| March 16, 2016 |Washington Examiner] Speaking with reporters Tuesday, Business Roundtable president John Engler cited the Clintons’ family history of changing their…
MANUFACTURERS FORM COALITION AGAINST CHINA ‘MARKET ECONOMY’ STATUS: The U.S. aluminum, steel and textile industries are ramping up pressure on President Barack Obama not to declare China a “market economy” this year, a decision they say would put hundreds of thousands of U.S. manufacturing jobs at risk by weakening anti-dumping protections. [Adam Behsudi| March 16, 2016…
FOR IMMEDIATE RELEASE March 15, 2016 Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected]Download PDF here Washington ~ Today America is celebrating the 4th Anniversary of the Korea-US (KORUS) Trade Agreement with a bilateral trade deficit that doubled. This single cold, hard fact shows that the current Trans-Pacific Partnership promises by the Obama Administration, which are…
MIAMI, Florida — At Thursday night’s Republican debate, , John Kasich, and all parroted talking points about trade that do not seem to match their prior legislative records and statements on the critical issue. [Julia Hahn| March 10, 2016 |Breitbart] While Donald Trump has articulated his vociferous opposition to President Barack Obama’s trade agenda in…
McDonald was raised in Wabasha, Minn., a city of 2,500 people located on the banks of the Mississippi River. She pursued her professional career in law and insurance in the Twin Cities of Minneapolis and St. Paul before returning to Wabasha to care for her elderly parents. [Jeffrey Bonoir| March 14, 2016 |Alliance for American…
