New Zealand Trade Minister Todd McClay on Jan. 21 local time announced that his government has issued invitations to ministers from all Trans-Pacific Partnership (TPP) countries for a Feb. 4 signing ceremony in Auckland, New Zealand. U.S. Trade Representative Michael Froman will participate in the signing, according to a USTR spokesman. [Daily News| January, 25 2016 |…
If implemented, the Trans-Pacific Partnership (TPP) could undermine many of President Barack Obama’s landmark achievements and thus his legacy on jobs and economic recovery, health care access, financial reform – and close to Michigan’s heart – the U.S. auto industry rescue and more. The great mystery is why Obama called for congressional passage of…
The Manufacturing Association of Central New York (MACNY) hosted the 3rd Annual Manufacturing in the Empire State event in Syracuse today. Rep. John Katko (R-NY) and several CPA leaders presented. The materials from the program are below. (Image: Charles Blum, Brian O’Shaughnessy, Paola Masman, Rep. John Katko, Michael Stumo, Randy Wolken) MACNY is represents almost…
BEIJING – One out of four U.S. companies active in China has moved some operations out of the country or is planning to, as conditions worsen in the world’s second-largest economy, an American business group said Wednesday. [Agence France-Presse| January, 20 2016 | Industry Week ] Foreign investment has been a key part of China’s transformation…
Both Hillary Clinton and Bernie Sanders are running against free trade, to judge by their stump rhetoric. But it’s fairly clear that Sanders, unlike Clinton, is sincere in his opposition. Unlike her, he has a consistent record of opposing free trade, not a long series of zig-zags for political expediency. He would probably oppose free trade for real if…
If spying is the world’s second oldest profession, the government of China has given it a new, modern-day twist, enlisting an army of spies not to steal military secrets but the trade secrets and intellectual property of American companies. It’s being called “the great brain robbery of America.” The following is a script from “The…
I will be testifying on your behalf regarding the Trans-Pacific Partnership today before the US International Trade Commission. The USITC is mandated to perform an economic analysis of TPP effects. CPA’s oral testimony is below. Our more detailed written testimony is here. Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy and on Specific Industry…
Senior members of the Senate Republican leadership said Tuesday (Jan. 12) they believe the Senate can act soon to pass the pending compromise customs bill approved in the House last December, even as a top Senate Democrat threatened to try and derail the legislation. [Daily News| January, 13 2016 | Inside US Trade ] Sen. John…
Hillary Clinton recently asserted that Americans fare better economically under Democratic administrations than Republican ones. Campaign claims are always suspect. In this case, a lot depends on the definition of “better.” Beyond that, there is the issue of the economic conditions and programs that are passed on to future administrations, such as the gathering recession…
China’s steel exports rose by a fifth in 2015 to an amount big enough to feed demand in Germany and Japan for a year and leave almost 9 million metric tons to spare. [Bloomberg News| January, 13 2016 | MineWeb ] Outbound shipments of the material used in everything from buildings to ships surged almost 20%…
