Editors note: Not good. WASHINGTON — A strange dynamic has gripped the Federal Trade Commission: President Trump’s biggest allies are the Democrats.In a vote made public Wednesday, the commission’s two Democratic appointees voted to impose financial penalties on companies the agency found violated federal law by falsely marketing their products as “Made in America” when,…
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Editor’s note: China’s military rise is funded by their trade surplus with the US. Conversely, the US containment strategy against the USSR bankrupted them. Adm. Phil Davidson sent letter to Senate Armed Services Committee faulting shortage of ‘immediate and necessary resources’ [Gordon Lubold | April 17, 2019 | WSJ] WASHINGTON—The commander in charge of U.S.…
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Editor’s note: AT&T’s reliance on Huawei, a predatory Chinese government influenced company, is all the more reason to ban its products in the US. U.S. company and rivals use Chinese vendor’s equipment to run wireless networks across Mexico; ‘We just continue supplying them’ [Drew FitzGerald | April 16, 2019 | WSJ] U.S. officials have told telecommunications…
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Editor’s note: The International Trade Commission report on the US Mexico Canada Agreement is out. It finds that a modest boost to employment and output will result. The administration is readying implementing legislation for Congress to vote on in an up or down manner. Whether Speaker Pelosi will allow a vote, despite Fast Track provisions,…
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Editor’s note: USTR released its own analysis of the impact of the USMCA on the auto sector due to its rules of origin changes. This report comes ahead of a statutorily mandated International Trade Commission report on the agreement. Click here to view online USTR NEWS UNITED STATES TRADE REPRESENTATIVE www.ustr.gov Washington, D.C. 20508 …
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Editor’s note: China’s request to be considered a “market economy” is yet another example of the persistent deceit of the country’s leadership. The World Trade Organization decided that China didn’t automatically qualify for market-economy status in 2016 as Beijing has asserted, according to two people with knowledge of the case, handing a major victory to…
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Excerpt: “China’s authoritarian government, size, and anticompetitive intent are more problematic than the ownership structure of the companies in question. The government can fund them, without having them be profitable, as long as it likes. And it can control them without owning them.” [Beth Baltzan | March 7, 2019 | American Phoenix] Much has been made of…
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Editors note: No big news so far on the US Japan trade negotiations. USTRNEWS UNITED STATES TRADE REPRESENTATIVE www.ustr.gov Washington, D.C. 20508 FOR IMMEDIATE RELEASE April 16, 2019 Contact: USTR Public & Media Affairs [email protected] Statement from USTR on Meetings to Discuss the…
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Editors note: Another example of the fact that China does not intend on being a major buyer of US-made products. SHANGHAI (Reuters) – China plans to gamble on the bulk deployment of its untested “Hualong One” nuclear reactor, squeezing out foreign designs, as it resumes a long-delayed nuclear program aimed at meeting its clean energy…
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Editor’s note: CPA’s Buy America Committee has been fighting to prevent the City of Chicago from using federal taxpayer money to buy rail cars from a Chinese government owned company. Several Democratic Senators are trying to prevent Washington DC Metro system from doing the same. Congress would approve 10 more years of critical federal funding…
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