After angering some within the liberal wing of his party, Democratic Rep. Ami Bera came to Sacramento on Sunday to make a personal appeal but still failed to receive enough support from activists to secure the Democratic endorsement for his re-election. [Daily News| January, 31 2016 | The Sacramento Bee] Bera, a perennial target of…
President Obama will meet with Republican congressional leaders next Tuesday (Feb. 2) to discuss legislative issues on which they can work together in 2016. [Daily News| January, 29 2016 | Inside US Trade] The meeting comes after administration officials have made clear they want Congress to pass the Trans-Pacific Partnership (TPP) as soon as possible…
I am president of I Squared R Element, a local manufacturing company that I started in my garage in 1964. It now employs 85 people. I have managed millions of dollars of sales in all the industrialized nations of the world. I have donated over $5 million to the University at Buffalo, my alma mater,…
In an interview from Davos with Bloomberg TV on January 20, Chamber of Commerce President Tom Donohue, a top lobbyist for the pro-corporate-power Trans-Pacific Partnership [TPP] agreement, assured viewers that if Hillary Clinton wins the Presidential election, Clinton will support the TPP, even though she opposes it now. [Robert Naiman| January, 28 2016 | Huffington Post Politics] Reporting on…
The Obama administration has invited major U.S. companies and business associations to the White House this Friday (Jan. 29) for a meeting on the Trans-Pacific Partnership (TPP) that informed sources predicted is an effort by the administration to rally support for early congressional passage of the agreement. [Daily News| January, 29 2016 | Inside US…
If you were Donald Trump, you would probably summarize the academic paper’s finding as follows: China is beating us. [Josh Barro| January, 28 2016 | The New York Times] A new working paper from the economists David Autor, David Dorn and Gordon Hanson argues that trade with China is having persistent, negative effects on parts of the…
A PEEK under the hood of three new cars from Volvo, Buick and Cadillac will not reveal a Made in China label. But those cars are breaking new ground in the auto industry, becoming the first to be manufactured in the People’s Republic and exported to the United States. [Lawrence Ulrich| January, 28 2016 | The…
DES MOINES — A Chinese citizen has entered a plea agreement with United States prosecutors, admitting that he participated in a conspiracy to steal seed corn from American companies. [AP| January, 28 2016 | The New York Times] Mo Hailong, a permanent resident of the United States, was living in Florida when he was…
Free trade theory is being challenged at its core within the academic community. The upcoming US International Trade Commission study of the Trans-Pacific Partnership is at the vortex. This NY Times article today, “So What Would It Mean to Beat China on Trade“, focuses upon the academic paper I blogged about yesterday – the one…
A FEW days ago, I visited the shiny headquarters of the Peterson Institute for International Economics on “think tank row” in Washington — basically, the locker room of the Team Globalization and Free Trade cheering squad. [Steve Rattner| January, 27 2016 | The New York Times] I was there to take part in a discussion…
