The part of trade agreements that basically globalizes the court system is really becoming a hot issue. Even The Economist is taking note. Its called Investor-State Dispute Resolution. Foreign companies can sue US local, state or federal government bodies and force them to appear before international tribunals. Investor-state dispute settlement The arbitration game [October…
The strong dollar crowd is oddly crowing about how the US dollar is strong and the old days of worrying about currency wars are past. That’s an odd thing to claim when we are in the midst of global currency wars now. This article is one example of journalists assuming the dollar’s rise is a…
CPA is pleased to announce that Michael Stumo, CEO of CPA, will have the honor of speaking on a panel for the Souther California Chapter of the Metals Service Center Institute’s Manufacturing Summit. Below, please find a full announcement about the event: We all know that the United States has lost a lot of…
Stumo note: The IMF continues to warn about persistent trade imbalances as a threat to global stability. That’s why CPA’s balanced trade proposal is not only good for the U.S. but also good for the world. You can’t have global stability with continued surpluses among some countries and deficits among others. Note that while the…
The writer is a professor at and past president of Harvard University. He was treasury secretary from 1999 to 2001 and economic adviser to President Obama from 2009 through 2010. [By Lawrence Summers | October 7, 2014 | Washington Post] It has been joked that the letters IMF stand for “it’s mostly fiscal” rather than…
Senator Chris Murphy (D-CT) recently released a report on the US Buy America laws and the impact of waivers on manufacturers, with a focus on Connecticut. Executive Summary Connecticut has been one of the centers of manufacturing in the United States for centuries, and we are now one of the premiere aerospace and defense manufacturers…
Reposted from The Washington Post ****** By Harold Meyerson | October 1, 2014 |Wash Post (opinion) One of the public policy paradoxes of the past quarter-century is why the center-left governments of advanced economies have supported trade policies that undermine the very environmental and labor protections they fight for at home. Foremost among these…
Reposted from Reuters on September 25, 2014 ******** WASHINGTON, Sept 25 (Reuters) – The U.S. Department of Commerce on Thursday confirmed duties on imports of specialized steel from China, South Korea and Russia. Imports of grain-oriented electrical steel from China, including from Baoshan Iron & Steel Co Ltd, face the highest duties as the goods…
R-CALF United Stockgrowers of America “Fighting for the U.S.Cattle Producer”For Immediate Release October 6, 2014 Billings, Mont. – In early September Senator Jon Tester (D-Mont.) reached out to Senator Mike Enzi (R-Wyo.) to draft a bipartisan letter to demonstrate the U.S. Senate’s resolve to defend the nation’s 2002 country of origin labeling (COOL) law.…
The Chinese government is not used to defeats but it was dealt a stinging one yesterday when the University of Chicago announced it will close its Confucius Institute, a controversial school for teaching Chinese culture and the Chinese language. Explaining the move, the university commented that it was “guided by its core values and faculty…