Less than two weeks after the Commerce Department made public its recommendations on remedies that could be imposed on steel and aluminum imports, President Trump on Thursday is expected to announce his decisions in both investigations under Section 232 of the 1962 Trade Expansion Act, sources told Inside U.S. Trade. [ Jenny Leonard | March 1, 2018 | Inside…
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Perhaps it’s the natural human aversion to bad news — sometimes known as the “ostrich effect” — but few opinion leaders on U.S. economic policy appear willing to take a cold, hard look at the state of U.S. manufacturing. If they did, they wouldn’t be happy. First, U.S. manufacturing suffered catastrophic losses in employment and…
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As U.S. Trade Officials meet with auto executives surrounding ongoing NAFTA sector negotiations, U.S.T.R. Ambassador Robert Lighthizer appears on Fox News to discuss ongoing trade initiatives with Laura Ingraham. It’s challenging to discuss the basic ‘fatal flaw’ within a modern NAFTA in a short discussion segment; however, Ambassador Lighthizer, Secretary Ross and the newly positioned Peter Navarro have a…
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By Jeff Ferry, CPA Research Director The pundits who declare ominously that we are on the brink of a trade war have it wrong. In fact, we are in the midst of a war for domination of the world steel market. And as a quick look at the numbers makes clear, so far we are…
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By Jeff Ferry, CPA Research Director The Department of Commerce report on steel imports and national security asks Americans a fundamental question: Are we going to defend the US steel industry from the decline caused by the growth of uneconomic foreign competition? Or, are we going to allow the industry to fade away and become…
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Hello again. In this week’s Thomas Index we’re going to take a look at sourcing activity for steel and aluminum in the Thomas Network at Thomasnet.com, and how that activity may be influenced by proposed tariffs by the Trump administration. This past week, the Commerce Department Secretary Wilbur Ross recommended steep tariffs on foreign steel and…
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Peter Navarro, whose influence on trade policy was seen as diminished when his office was moved under the National Economic Council last year, is being promoted to an “assistant to the president” role — a move likely to elevate his ability to impact looming trade actions and ongoing negotiations, sources briefed on the personnel decision…
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White House trade adviser Peter Navarro, who was sidelined last year after repeatedly clashing with President Donald Trump’s more moderate advisers, could soon be granted a title change that would give him more direct influence over the administration’s trade agenda, according to three people familiar with the issue. [ANDREW RESTUCCIA | February 26, 2018 |…
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President Donald Trump sought input Wednesday from the largest labor unions in the U.S. on trade policy, including the talks to renegotiate the North American Free Trade Agreement. [Eric Morath | February 23, 2018 | WSJ] Mr. Trump met at the White House with Richard Trumka, president of the AFL-CIO labor federation, and the presidents…
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During a meeting with their U.S. counterparts this week, Canadian negotiators will pitch the elimination of the deal’s investor-state dispute settlement provision — and the U.S. is expected to agree to that proposal, allowing for what private-sector and congressional sources called a “win” for U.S. Trade Representative Robert Lighthizer in one of his priority areas…
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