Chinese firms build, acquire parts plants as toehold in mature markets; Malibu door handles A two-year-old factory near Kansas City gives a good look at China’s strategy for becoming a global force in autos. [by Colum Murphy in Shanghai and Jeff Bennett in Riverside, MO | September 18, 2015 | Wall Street Journal] The…
The U.S. Department of Commerce roughly doubled the countervailing duty (CVD) rates against Mexican sugar exporters in a final determination on Thursday (Sept. 17), in what respondent lawyers saw as a veiled warning to Mexico not to do anything that would give the department cause to terminate existing suspension agreements. The antidumping (AD) rates on…
The American Enterprise Institute (AEI) just released the most exceptionally misguided statement on trade that I’ve seen. They attack Trump for being against losing jobs and industries to China and Japan because AEI actually favors trade deficits! AEI’s headline is “Donald Trump flunks ECON 101 when it comes to international trade“. The truth is that…
In the 2008 campaign President Obama promised workers he would renegotiate the North American Free Trade Agreement (NAFTA) that had cost so many jobs and wages, and devastated so many communities. When he took office, he didn’t. [Reposted from the Campaign for America’s Future blog | David Johnson | September 11, 2015] Recently, the administration…
R-CALF United Stockgrowers of America For Immediate Release September 15, 2015 30-State Salmonella Outbreak from Mexican Cucumbers Heightens Need for Mandatory COOL [Reposted from the R-CALF Website | September 15, 2015] Billings, Mont. – In the wake of a 30-state outbreak of Salmonella infections caused by tainted cucumbers imported from Mexico, the World Trade Organization…
Trans Pacific Partnership negotiators including U.S. Trade Representative Michael Froman say they’re close to finalizing an agreement between the 12 nations in the trade pact. Coalition for a Prosperous America CEO Michael Stumo says it’s impossible for the U.S. to achieve market access with Japan and others unless the currency manipulation problem is addressed. Trans…
President Obama on Wednesday (Sept. 16) said that he is confident the Trans-Pacific Partnership (TPP) will be concluded before the end of this year and that he expects TPP ministers to meet in the next several weeks. [Reposted from Inside US Trade | September 16,2015] “I am confident that we can get it done, and…
John Murphy and his team at the U.S. Chamber of Commerce racked up a big trade victory this year. [ by Vicki Needham | September 15, 2015 | The Hill ] “There’s no fight in trade policy like TPA,” Murphy told The Hill in an interview. He called the work on its passage an…
The United States has imported 2.16 billion pounds of beef so far in 2015 (January – July, up 32.5 from 2014. [Reposted from Cattle Trader Center | Rob Cook | September 4, 2015] The United States imported the most beef in 2015 from Australia followed by New Zealand & Canada. U.S. beef imports from Australia…
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