Genuine General Tso’s chicken may soon be on the plate. The Department of Agriculture will allow Chinese poultry processing companies to ship fully cooked, frozen and refrigerated chicken to the United States. [by Stephanie Strom | November 6, 2014 | New York Times ] Food safety advocates have been predicting the announcement since the department…
Exit polls shows show that the Number 1 issue was the economy. Obama failed and the GOP won the election. Specifically, 45 percent of voters said, in exit polls, that the economy was their number one issue. Almost half say their own family’s financial situation hasn’t improved much over the past two years, and a…
The U.S. trade gap widened in September as exports fell to a five-month low, a sign of how a stronger dollar and slower growth overseas could weaken demand for American-made goods and weigh on the broader economy. [by Nick Timiraos | November 4, 2014 | Wall Street Journal] The trade deficit rose 7.6% to…
I’m quite sure voters did not want this to happen. The GOP was elected to fix our economy, not gut it further.
(Map showing countries with a VAT in red. Countries without a VAT in blue) Here is a valuable table showing VAT/consumption tax rates across the world for 2013 courtesy of Stewart and Stewart, a DC law firm specializing in international trade issues. While other countries have lowered tariffs, they have raised their VATs. Thus,…
The American Iron and Steel Institute announced the trade arm of the federal government that existing foreign trade barriers distort international trade and are extremely harmful to US companies especially those in the steel industry. [Reposted from Steel Guru | November 6, 2014] The 45 pages of comments, signed by Mr Kevin Dempsey, senior…
Dennis Blair used to lead US military and intelligence agencies. Now he advocates for Japan on trade. The public relations departments of many global institutions have been in high gear recently, helpfully pointing out that the coming GOP majority and President Obama can agree on [job-killing, democracy-outsourcing] trade deals. The recent installment is Dennis Blair…
Republicans won a big victory last night as Americans feel that the economic “recovery” has bypassed them. Jobs and the economy was the number one issue for voters. The GOP successfully argued that their team was the better choice for ordinary Americans. Now they need to fulfill that mandate by focusing upon creating good jobs…
Having won control of Congress, the GOP must now put forward a clear program to create jobs and govern reasonably, lest it give Democrats the upper hand for the 2016 presidential election. In recent months, the economic growth has accelerated, but most economists don’t see the pace picking up enough to solve the nation’s shortage…
The Republican victory in the Senate won’t guarantee passage of stalled trade legislation, but it does sideline the bill’s biggest foe this year: Sen. Harry Reid. [By William Mauldin, 11/5/14, The Wall Street Journal] The Senate majority leader, a Nevada Democrat, dealt a body blow to President Barack Obama ’s trade policy in January when…