Trade agreements continue causing American growth to slow due to loss of US market share domestically and internationally. The Bureau of Economic Affairs (BEA) just released a report showing that third quarter economic growth (1.5%) was less than half that of the second quarter of this year (3.6%). “American manufacturing and agriculture continue to…
WASHINGTON — The House acted with rare bipartisanship on Tuesday to approve legislation that would reopen the federal Export-Import Bank, after a debate that underscored the split between the party’s traditional pro-business members and ascendant free-market conservatives who are suspicious of big corporations. [Reposted from The New York Times | Jackie Calmes | October 27,…
In the final days of the federal election, with the Liberals leapfrogging over the NDP on an ostensibly progressive platform, one question dogged Trudeau to the end: what was his position on the recently completed Trans-Pacific Partnership trade agreement (TPP)? We still don’t quite know the answer, though we may soon enough. [ by…
Senator Jeff Jessions (R-AL) today today warned congressional leaders against their plan to vote on President Barack Obama’s unpopular free-trade deal during the “lame-duck” session after voters cast their ballots in November 2016. [by Julia Hahn | October 23, 2015 | Breitbart] Those leaders include Rep. Paul Ryan (R-WI), who has been one of the…
WASHINGTON — The House launched a rare effort Monday to circumvent Republican leadership in hopes of reviving the Export-Import Bank, which conservatives managed to choke off earlier this year. [Reposted from USA Today | Paul Singer, Nathan Bomey and Paul Davidson | October 26, 2015] The procedure, known as a “discharge petition,” basically allows a simple majority of…
Former Maryland Gov. Martin O’Malley went after Hillary Clinton on Monday, suggesting the Democratic presidential front-runner has been consistent on only one thing: her support of big banks. [by Jesse Byrnes | October 26,2015 | The Hill] “Hillary Clinton has changed her position on virtually every defining issue in this race except for one —…
WASHINGTON — President Joko Widodo of Indonesia visited the White House Monday and brought President Obama a gift: A pledge to eventually join a massive Pacific Rim trade agreement. [Reposted from USA Today | David Jackson | October 26, 2015] “Indonesia is an open economy,” Widodo told reporters in the Oval Office, “and with the 250…
Senate Majority Leader Mitch McConnell (R-KY) will not take up a standalone bill to renew the Export-Import Bank that the House is slated to take up on Monday (Oct. 26) under a discharge petition and could pass shortly thereafter, according to a spokesman. [Reposted from Inside US Trade | October 26, 2015] “No, [McConnell] will…
Japan will exchange at least 18 side letters to the Trans-Pacific Partnership (TPP) agreement with one or more parties to the deal, including 11 bilateral letters with the United States on issues such as auto trade, Japanese commitments on non-tariff measures in other sectors, and Japan’s operation of a new U.S.-specific tariff-rate quota (TRQ) on…
MARION – A crowd of Nucor Steel Marion employees cheered and clapped as John Ferriola, the CEO of their company, pledged support to Sen. Sherrod Brown during a presentation honoring the U.S. legislator for his “leadership and support on behalf of Ohio’s 687,000 manufacturing employees and their families.” [by John Jarvis | October 24,2015…
