by Michael Stumo Recent reports that Russia is moving towards a war footing got me thinking about the snake oil salesmen selling trade deals. The globalists said this would not happen after Russia joined the trade utopia called the WTO. They were wrong again. We should not believe them now with the TPP and other…
As a battle brews on Capitol Hill over the future of catfish inspections, two catfish shipments from China retreated last week, rather than undergo U.S. border inspections. Upon hearing the news, Food & Water Watch reached out to USDA’s Food Safety Inspection System to learn more. [Kate Fried, Patrick Woodall| June 7, 2016 |Food & Water Watch] Today, both…
The Trans-Pacific Partnership does not have the votes to pass the House, according to Ways & Means Committee member Devin Nunes (R-CA), who on June 9 said the deal must be renegotiated. He also strongly signaled that TPP’s consideration in Congress may take place after the Obama administration leaves the White House, noting negotiations with…
Trade policy is emerging as a point of tension between the Bernie Sanders team and the party establishment in the drafting of the Democratic Party platform. [Jonathan Swan| June 9, 2016 |The Hill] While Hillary Clinton came out against the Obama administration’s Trans-Pacific Partnership, an Asian trade deal that she previously championed as secretary of State, the Sanders forces…
On a bleak February day, in plenty of time to impact the 2016 Indiana presidential primary, a flush U.S. corporation named United Technologies abruptly announced that it would be closing two Indiana manufacturing plants employing some 2,100 Americans — and shifting the plants’ operations to Mexico. [Carl M. Cannon| June 9, 2016 |Real Clear Politics]…
Nine policies that could spark new growth in factory jobs and the economic benefits they bring [Bob Tita| June 7, 2016 |The Wall Street Journal] After a long decline, manufacturing is returning to the U.S. Now it may be time for U.S. policy makers to give it an extra boost. The U.S. shed 5.7 million…
The Pentagon budgets about $15 million every year for athletic shoes vouchers, but not all of it goes to buy American-made footwear. New Balance hopes a 75-year-old law will force the Senate to change that. [Bloomberg| June 6, 2016 |Industry Week] New Balance Athletic Shoe Inc. is close to winning an almost decade-long marathon:…
Foreign corporations could sue to undermine US protections for consumers’ health, safety and financial security under a provision added to the proposed Trans-Pacific Partnership trade deal (TPP) after executives of big banks pressed the nation’s chief trade negotiator, himself a former big-bank executive, to include it. [Kathy Kiely| June 1, 2016 |Moyers & Company]…
The Trans-Pacific Partnership, the huge new 12-country trade deal, raises the question: How low would we go to get the next NAFTA-style deal? [Stan Sorscher| June 7, 2016 |Huffington Post] The basic idea of a trade deal is that we will lower our tariffs, you will lower your tariffs, and trade goes up. That…
Sen. Debbie Stabenow (D-MI) this week made clear that it is more important to her to ensure the Trans-Pacific Partnership will deliver benefits to the U.S. middle class and improve U.S. wages than to pass it this year as negotiated because it is a priority for President Obama. [Inside U.S. Trade| June 3, 2016…
