National Trade Council Director Peter Navarro says the U.S. needs to unwind “bad” trade agreements and strike new ones that would prevent such practices. He says the administration is off to a good start. Emily Bogle/NPR [Scott Horsley] May 3rd, 2017 [NPR] On his 100th day in office, President Trump signed an executive order creating…
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“[Editorial note: An important blast from the past. This is a 2008 op-ed by Bob Lighthizer, Trump’s nominee for US Trade Ambassador. His criticism of Senator John McCain’s approach to trade policy is the source of McCain’s obstruction of Lighthizer’s nomination to day.]” [ROBERT E. LIGHTHIZER] March 6th, 2008 [The New York Times] NOW that…
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By Jeff Ferry, CPA Research Director The Trump Administration’s views on some issues (think health care) has evolved over recent months. But on foreign trade, the Administration has consistently stuck to Donald Trump’s pre-election view that past trade deals have been a lousy deal for the U.S. worker and they need to be fixed. Secretary…
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On April 20, 2017, over 300 people attended the Workshops for WarriorsInaugural Gala that was held on the USS Midway Carrier Museum in San Diego, California. Former California Assembly member Nathan Fletcher, now a Professor of Practice in Political Science at the University of California, San Diego, was the Master of Ceremonies. [Michele Nash-Hoff] May…
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The following statement can be attributed to Michael Stumo, CEO, Coalition for a Prosperous America: CPA is pleased that Bob Lighthizer was confirmed as the next U.S. Trade Ambassador by an overwhelming bipartisan majority in the US Senate today. Ambassador Lighthizer will bring a new direction of trade realism to his office. He will fill…
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I agree with the recent decision of the White House and the Commerce Department to impose anti-subsidy duties against Canada’s unfairly traded softwood lumber imports. [Jimmy Carter] May 9th, 2017 [The Washington Post] This belated enforcement of U.S. trade laws will help millions of private timberland owners, American forestry workers and members of their local communities by leveling the playing…
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Is China a market economy? At first glance, given the pervasive — and, in fact, growing — role of the state in every aspect of Chinese industry and finance, the question seems inane. Of course it isn’t. [Alan Tonelson] May 2nd, 2017 [LifeZette] The Trump administration is expected to make this obvious truth the official policy of…
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Senate Majority Leader Mitch McConnell (R-KY) on Tuesday filed a cloture motion to proceed to the nomination of U.S. Trade Representative nominee Robert Lighthizer. [Dan Dupont] May 9th, 2017 [Inside U.S. Trade] McConnell has been unable to move on Lighthizer via a unanimous consent request opposed by Sen. John McCain (R-AZ), as Inside U.S. Trade first reported on May…
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Forget Machiavelli, or “Game of Thrones.” When it comes to staying in power, South Korea’s richest business clans have the game plan down. [Jonathan Soble, Jeyup S. Kwaak & ChoeSang-Hung] May 8th, 2017 [The New York Times] There is the charity maneuver, in which family members park their stakes in their business empires in philanthropic nonprofits,…
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The House Republican business tax reform plan may be heading for political defeat. Senate support is absent, House Republicans are divided, and Democrats oppose it. May 9th, 2017 | Written by Michael Stumo and Jeff Ferry, Global Trade Magazine However, the border-adjustability feature of the tax plan is an important goal to preserve because it would neutralize foreign border taxes…
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