STEEL INDUSTRY GETS A LITTLE MORE RELIEF:

The Commerce Department approved wide-ranging final duties on hundreds of millions of dollars worth of cold-rolled steel products from Brazil, India, Korea, Russia and the United Kingdom to offset unfairly low pricing and government subsidies. [Doug Palmer| July 22, 2016 |Politico]  The department late Thursday set anti-dumping duties ranging from 10 percent to 32 percent on Brazil, about 8…

CHINA ANTI-DUMPING DECISION COMPLICATED:

China is obviously not a market economy, European Union Trade Commissioner Cecilia Malmström told reporters on Tuesday, but that does not matter for a decision countries have to make this year about how they calculate anti-dumping duties on Chinese goods. [Adam Behsudi| July 20, 2016 |Politico]  “The issue of China’s market economy status is not really…

Clinton is wrong to support trade deals

Despite the absurdity of many aspects of the Republican Party platform, there is still one issue where Hillary Clinton and the Democrats are highly vulnerable. [Christopher C. Currie| July 18, 2016 |Providence Journal]  Despite the absurdity of many aspects of the Republican Party platform, there is still one issue where Hillary Clinton and the Democrats…

Trading with the new Republic of Misery

A thought experiment considers a hypothesis for the purpose of thinking through its consequences. So to better understand “free trade” as we currently practice it, let’s postulate evacuating one of our states and populating it with millions of imported workers. With apologies to the Show Me state, let’s go to the heartland and pick Missouri…

Trump’s Challenge on Trade

To win the presidency, Donald Trump must overcome skepticism among many voters about his positions on free trade, immigration and many other issues. On trade, that is hardly an insurmountable task. [Peter Morici| July 13, 2016 | Town Hall]  Lowering tariffs and other barriers to international commerce better permits businesses and workers to specialize at…

U.S. trade policy has become horror show

If the host of vampires attempting to suck the lifeblood out of American manufacturing and industry is any indication, U.S. trading policy has become a real live horror show. [Paul Nehlen| July 13, 2016 |JS Online]  The nightmare has been deepening for decades with every massive, multinational, crony trade deal we’ve embraced. Now, the looming…