FOR IMMEDIATE RELEASE – August 12, 2015 Contact: Brandy Brown, Communications Director, 202-225-3161 REED BLASTS CHINESE GOVERNMENT FOR DEVALUING CURRENCY Continues Fight to Protect American Manufacturing Jobs [Reposted from the site of Rep. Tom Reed (NY 23) | August 12, 2015] Tom Reed is blasting the Chinese government for devaluing it currency, calling it a…
In the December post, Enougher is Enougher: ANOTHER Citi Nominee, I wrote about the nomination of Marisa Lago to be deputy U.S. trade representative: [Reposted from the Campaign for America’s Future blog | Dave Johnson | August 5, 2015] Ms. Lago was Global Head of Compliance for Citigroup’s corporate and investment bank from 2003 to…
For Immediate Release August 13, 2015 Contact: Carolyn Bobb, 202-637-5018 China’s Currency Devaluation Deepens Unfair Trade Practices AFL-CIO President Richard Trumka made the following statement after China’s latest currency manipulation: [Reposted from AFL CIO site | August 13, 2015] China’s recent currency devaluation – by nearly 4% on Tuesday and Wednesday – provides further confirmation…
Australian Minister for Trade and Investment Andrew Robb is putting the onus on the United States, Mexico, Canada, and Japan to resolve amongst themselves disagreements over autos and dairy market access that he said have become the main stumbling blocks to a Trans-Pacific Partnership (TPP) deal, adding that once those are hammered out an agreement…
“What is good for growth in China is unfortunately bad for everybody else.” – Bill McQuaker, co-head of the multi-asset team at Henderson Global Investors, quoted in Reuters [Reposted from the Campaign for America’s Future blog | Dave Johnson | August 12, 2015] China on Monday announced it is lowering the value of its…
A CPA member wrote to Senator Dianne Feinstein (D-CA) to ask her why she voted for Fast Track, or “Trade Promotion Authority” (TPA). Sen. Feinstein’s answer reflects the fact that she doesn’t seem to understand that NET exports are desirable. It’s fine to say that exports have increased, but it’s important to look at the…
It is rare to encounter a technology that is so disruptive that it has the potential to generate a paradigm shift, and I had that opportunity last month when I interviewed Suzanne DeVall, founder and president of PBO, Inc. Her patented technology for utilizing the bi-product from tobacco plants to create a new textile fiber…
It’s disconcerting to Congress when our foreign trading partners put the lie to President Obama’s victory claims. No, not the mullahs chanting “Death to America” right after the Iran agreement was concluded. This week it was China’s turn to undercut the president. [Reposted from The Hill | Kevin Kearns | August 12, 2015] While speaking…
Akira Amari, Japan’s minister in charge of the Trans-Pacific Partnership (TPP) negotiations, said Tuesday (Aug. 11) that the United States failed to show persistence to conclude the deal at the last ministerial meeting in Hawaii and expressed fear that the talks could drift without any clear timeframe for wrapping up. [Reposted from Inside US Trade …
The ire of McConnell and other tobacco-state lawmakers throws a wrench into the negotiations. [Reposted from Politico | Adam Behsudi | August 12, 2015] Big Tobacco is pushing back against a strict anti-smoking provision in the massive Trans-Pacific trade deal — and it has enlisted the support of the most powerful Republican in the Senate.…
