The current trade negotiations between Washington and Beijing are more than a year in the making. Op-ed by Michael Stumo, originally appeared in The Columbus Dispatch on March 12, 2019 March 14, 2019 Starting in 2018, the Trump administration imposed tariffs on $250 billion worth of imports from China. It was President Donald Trump’s stern…
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Editor’s note: CPA member Greg Owens says the overvalued dollar hurts his Made in USA tableware business and makes the trade deficit worse. [March 6, 2019 |NBC News https://www.nbcnews.com/nightly-news/video/trade-deficit-hits-record-high-amid-trump-s-tariff-tit-for-tat-with-china-1453354563564
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There is increasing evidence that Trump’s tariffs are working to expand American manufacturing and create jobs. [Michele Nash- Hoff | March 6, 2019 | savingmanufacturing.com According to the February 11, 2019 U.S. Manufacturing Technology Order Report press release of The Association for Manufacturing Technology, “The year- end order total for 2018 was $5.5 billion, up 19 percent from…
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Editor’s note: Wellborn Cabinet, a petitioner in the trade case below, is a CPA member. China’s Shopping List in America Has These Farm Goods at the Top [Joe Deaux | March 6, 2019 | Bloomberg] U.S. may take market share from Brazil, Argentina, Australia A U.S.-China trade deal means the end of an era: Brazil group…
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Editor’s note: More reasons to not believe China promises to change. U.S. has slammed program as a subsidy-stuffer to advance China as global technology leader at U.S. expense [Lingling Wei | March 5, 2019 | Wall Street Journal] Instead, Mr. Li said the government would promote advanced manufacturing. He ticked off a list of emerging…
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Editor’s note: Interesting that Trade Ambassador Lighthizer quotes Nancy Pelosi’s opposition to China joining the WTO in this statement. AMBASSADOR LIGHTHIZER: Mr. Chairman, Ranking Member Brady, distinguished members of the Committee: it is a pleasure to be here today and to discuss this very important issue. [February 27, 2019 | United States Trade Representative] I think…
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Excerpt: “The laissez-faire, free-trade approach just burned up our countryside,” BELLEVUE, Wash. — Farmers at the 117th anniversary convention of the National Farmers Union this week had the same worry as the ones who attended the organization’s first gathering more than a century ago — low incomes. [Don Jenkins | March 7, 2019 | CapitalPress.com]The 460…
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Editors note: we may be seeing the Made in USA labeling issue become more powerful. CPA’s Buy American Committee is working with legislators and the administration to strengthen these laws. Here’s a story from The New York Times that I thought you’d find interesting: Democrats are questioning why firms that manufactured products in China but…
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Brian Duncan, Vice President of the Illinois Farm Bureau, Zach Mottl, Chief Alignment Officer of Atlas Tool Works, and Peter Roskam, former U.S. Congressman and current IOP Pritzker Fellow, had a panel discussion on the short – and long-term dynamics of the Trump administration’s trade policies, particularly as they affect Illinois. They discussed the current…
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Editor’s note: Peter Navarro has driven a large part of the administration’s aggressive trade strategy. Last Friday, President Trump unveiled his grand strategy for American prosperity: the 2019 Trade Policy Agenda. This forward-looking report from the US Trade Representative maps out America’s deliverance from the bad deals, weak guardrails and sluggish growth that have handicapped…
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