The Trans Pacific trade pact promises us cheaper food with sketchier ingredients. American farmers will face upheaval and more dislocation, while corporate agriculture thrives. If China assembles my Apple iPhone with its global mixture of ingredients, shouldn’t Asians at least eat Washington apples? Maybe not while China produces nine times as many apples as…
FOR IMMEDIATE RELEASE October 5, 2015 Contact: Sara Haimowitz, Development Director 202 688 5145, [email protected] CPA Opposes TPP as Harming US Trade, Jobs and Economic Growth The Coalition for a Prosperous America (CPA) opposes the Trans-Pacific Partnership (TPP) agreement because it will harm American job creation, agricultural and goods production and our economic prosperity. “US…
WAYNE, N.J. — When Congress designed temporary work visa programs, the idea was to bring in foreigners with specialized, hard-to-find skills who would help American companies grow, creating jobs to expand the economy. Now, though, some companies are bringing in workers on those visas to help move jobs out of the country. [Reposted from The…
FOR IMMEDIATE RELEASE AT 8:30 A.M. EDT, Tuesday, October 6, 2015 U.S. Census Bureau U.S. Bureau of Economic Analysis U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES AUGUST 2015 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced…
According to U.S. Trade Representative Michael Froman, the Trans-Pacific Partnership (TPP) has a big benefit: With a signed TPP, American-made goods will finally enjoy tariff-free access to consumers in countries like Vietnam, Malaysia, and Singapore. However, some tariffs will not be dropped immediately, but instead will be phased out over a number of years. [Reposted…
Industry Week has a great scholarly article showing how the decline of manufacturing through relentless offshoring and trade agreements has caused US income inequality to rise to 3rd World levels. It is a long article, but well worth the read. It shows how the rise of manufacturing in the Post World War II era, with…
Even before the ink is dry on the Trans-Pacific Partnership trade deal, companies are laying out plans to expand in Vietnam and Malaysia, both rapidly developing Asian nations whose growth depends heavily on external trade. [ by Jake Maxwell Watts, Kathy Chu and Celine Fernandez | October 7, 2015 | Wall Street Journal ]…
(CNN)Hillary Clinton came out against the Trans Pacific Partnership in an interview Wednesday, breaking with President Barack Obama and his administration, which has forcefully promoted the deal. [Reposted from CNN | Dan Merica and Eric Bradner | October 7, 2015] Clinton told PBS’ Judy Woodruff Wednesday in Iowa that, “As of today, I am not…
Trade ministers from the 12 countries participating in the Trans-Pacific Partnership (TPP) trade negotiations concluded talks on October 5, 2015. Negotiations are done but there is much left to do before this mega-regional trade accord is ratified and implemented [Reposted from the Peterson Institute site | Jeffrey Schott | October 6, 2015] If Congress and…
President Obama promised new markets for American beef, bacon and auto parts as he kicked off the sales campaign Tuesday for his new Pacific Rim trade deal, pledging to keep at it until he wins support from across the political spectrum. [Reposted from the LA Times | Michael Memoli and Christi Parsons | October 6,…
