Editor’s note: Lighthizer’s statement that the China deal is “totally done” means that any changes by Beijing will not be considered. If a red-lined version comes back like earlier in the year, it will be unacceptable. WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump’s top trade negotiator praised a “phase one” U.S.-China trade deal which is…
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…
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…
CPA members see tariffs working, want them made permanent Washington. The Coalition for a Prosperous America (CPA), which represents producers throughout the nation’s heartland, is pleased that President Trump’s Phase One deal with China appears to be keeping the current tariffs in place and adding some tariffs to additional imports on December 15. “The tariffs are…
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…
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…
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…
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…
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…
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”…