Democrats knock Trump over ‘broken promises’ on China currency, NAFTA renegotiations

House and Senate Democrats on Tuesday released a report on President Trump’s “broken promises” to American workers, included the administration’s decision not to label China a currency manipulator, its failure to date to launch NAFTA renegotiations and a lack of action on various “Buy American” proposals. [Charlie Mitchell] April 25th, 2017 [Inside U.S. Trade]  The…

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Press Release: CPA Supports US Duties to Counter Canadian Government Lumber Subsidies

Washington~ The Trump administration announced Monday evening that it will impose countervailing duties up to 24% on imported lumber subsidized by the Canadian government.   The Commerce Department announced its Preliminary Determination of Countervailable Subsidies on April 24, 2017 after a long running investigation. CPA strongly supports the Trump Administration’s move to eliminate the unearned advantage given…

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TRUMP’S REAL CHINA CURRENCY BLUNDER

What was worse about President Trump’s decision to let China off the currency manipulator hook (for now) was its geopolitical rationale. [Alan Tonelson] April 20th, 2017 [Industry Today] What was worst about President Trump’s decision yesterday to let China off the currency manipulator hook (for now) was not the scrapping of a long-time campaign promise…

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