Editor’s note: CPA is pleased the tariffs are not removed, as news reports suggested. See our full statement here Washington, DC – The United States and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the…
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from Michael Stumo, CEO After a call with the White House and Office of US Trade Representative regarding the US-China Phase 1 trade deal today, I would like to share what I have learned with our CPA members. The agreement has several chapters, the Chinese are translating it into Chinese, and no language has been…
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Editor’s note: The days of the WTO overruling US laws on labeling and other issues, through the decisions of trade focused lawyers creating new law on an appellate panel, are nearly over. GENEVA (Reuters) – World Trade Organization (WTO) judges will complete decisions on three pending appeals for which hearings have been held – despite…
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The Story of Turbine Panda By Jeff Ferry, CPA Chief Economist In April 2018, a Chinese intelligence agent named Xu Yanjun got off a plane in Brussels, Belgium and headed for St. Catherine Square, a bustling area of shops and quaint cobblestone streets. Xu had a meeting planned with one of his assets, a US-based…
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Excerpt:The tariffs are speeding the evolution of U.S. steelmaking into a world-class, state-of-the-art industry. Steelmakers, like U.S. Steel and AK Steel, have eliminated some jobs. But the cuts are being made to older, less-efficient plants. Media commentators often criticize the Trump Administration’s steel tariffs. But the evidence from around the United States shows that the…
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Editor’s note: Apple should express full throated support for the 301 tariffs placed on China for IP theft. But it has not. SAN JOSE, California (Reuters) – Apple Inc on Monday told a federal court it has “deep concerns” that two Chinese-born former employees accused of stealing trade secrets from the company will try to…
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Editor’s note: Jim Cramer of Mad Money says the president should just walk away from the China talks and raise the tariffs as planned on December 15. Which is exactly what should be done. The strong November jobs report shows Trump has more flexibility in trade negotiations with China, CNBC’s Jim Cramer says. And because…
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Over 260 Industrial Companies Thank Trump for China Tariffs Washington. Hundreds of US manufacturers have jointly signed a petition to President Trump reiterating their support for Section 301 tariffs on subsidized imports from China. In a letter to the president, sent ahead of a planned December 15 tariff increase, more than 260 domestic manufacturers expressed their “sincerest appreciation”…
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Editor’s note: CPA signed this letter, led by R-CALF USA, in favor of country of origin labeling (COOL). The WTO struck down the US COOL law several years ago in a case of judicial activism. The WTO agreement does not prohibit labeling, but the WTO judges did not merely interpret the agreement but created new…
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Editor’s Note: Canadian Prime Minister Trudeau, savior of free trade in the Americas, is not doing so well. Where are all the jobs from Canada’s TPP deal and its European trade deal? OTTAWA — The Canadian economy posted its biggest monthly job loss since the financial crisis in November, pushing the unemployment rate higher and raising…
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