More wrong-headed rhetoric on trade deals to nowhere! [From the blog of Dan DiMicco | Dan DiMicoo | January 8, 2015] Every past deal has been a failure as we are terrible negotiators and even worse enforcers of the penalties for cheating and circumvention by the other signers. They use non-tariff barriers to replace their…
WASHINGTON (MarketWatch) — The biggest engineering project in the history of the world got under way this week, but don’t feel bad if you’ve never heard of it. [by Darrell Delamaide | December 24, 2014 | MarketWatch] U.S. mainstream media tends to shy away from reporting anything that doesn’t directly involve American interests, especially…
The 114th Congress will be sworn in next week, and the media campaign for President Obama’s next power grab is already under way. The New York Times, Washington Post and Politico (Tiger Beat on the Potomac) are all telling us the GOP Congress is ready to surrender its oversight responsibilities and grant extraordinary new…
Nicaragua on Monday announced the start of work on a $50 billion shipping canal, an infrastructure project backed by China that aims to rival Panama’s waterway and revitalize the economy of the second-poorest country in the Americas. [by Gabriel Stargardter | December 22, 2014 | Reuters] The groundbreaking was largely symbolic, as work began…
It was one thing to get elected but it will be another for the Republican Congress to work with a president best known for his imperious style and a hard left agenda. Still in the most recent round of budget negotiations, President Obama did accept modifications to the bank regulations imposed by Dodd-Frank, and other…
Success could be squandered if TPP concerns are not addressed. President Obama begins his pre-State of the Union swing today by highlighting a key success during his presidency – the auto sector recovery. The Obama administration touts its success in Detroit, but has failed to bring the Big Three’s concerns to trade negotiations. [Reposted from the blog…
The Revitalize American Manufacturing and Innovation (RAMI) Act was included in the $1.1 trillion omnibus FY 2015 spending bill signed into law by President Obama last month. [Reposted from the King & Spalding blog | Lauren M. Donoghue | January 6, 2015] The RAMI Act passed the House in September, but had been held up…
On December 3, the U.S. Department of Commerce announced the initiation of antidumping and countervailing duty investigations on melamine from the People’s Republic of China and the Republic of Trinidad and Tobago. [Reposted from the King & Spalding blog | Erienne Kilgore & Joshua Snead | January 6, 2015] The petitions were filed on November…
http://www.wsj.com/articles/dollar-surges-to-11-year-against-biggest-rivals-1420221525 The dollar kicked off 2015 by rallying against other major currencies, underscoring heightened expectations for robust U.S. growth in the new year relative to the rest of the world…..or trouble for the economy……. [Reposted from the blog of Dan DiMicco | Dan DiMicco | Jan 6, 2015] The article correctly points out the negative…
U.S. Customs and Border Protection (CBP) issued its first “AD/CVD Update” in December 2014. The AD/CVD Update provides information regarding CBP’s activities to collect antidumping (AD) and countervailing duties (CVD) from U.S. importers that attempt to evade their payment. [Reposted from the King & Spalding blog | P. Lee Smith | January 6, 2015] CBP’s…
