Dan DiMicco: China’s excess steel capacity has global impact
Dan DiMicco, Nucor chairman emeritus and former CEO, and CPA Chairman, discusses the global steel trade as President Trump meets with steel executives at the White House.
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Dan DiMicco: Hard reality is problems between US & China still remain
Dan DiMicco, former Nucor CEO, weighs in on President Trump’s meeting with China President Xi Jinping, and what it means for U.S.-China relations.
Buy America’ Good First Step for Working People
Not everything we would have written, and we need to see much more on work visa abuse, but we are happy to have the President of the United States pushing Buy America forward in a way that none of his predecessors have. It’s a good day for American manufacturing. Statement by AFL-CIO President Richard Trumka…
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Former Nucor CEO: We Need to Treat America the Same Way Other Countries are Treating Us
Dan DiMicco, former CEO & current chairman emeritus at Nucor, former Trump advisor and CPA Chairman, weighs in on the economic impact of President Trump’s “Buy America, Hire America” executive order.
MEPs are Essential to Rebuilding American Manufacturing Competitiveness
Last month, President Trump submitted a “Skinny Budget” with the goal of removing some of the “fat” within Washington DC. Unfortunately, one of the programs eliminated in his budget is not “fat.” The Manufacturing Extension Partnership (MEP) is the only federally funded national network dedicated to serving small and medium-sized U. S. manufacturers. [Michele Nash-Hoff]…
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Tax profits not cash flow: An alternative to the GOP plan that helps small business
The House Republican corporate tax reform proposal is bold and innovative. Its most outstanding positive feature is a shift to a destination-based corporate tax. A destination-based system moves the profit, and therefore the tax, to the place of consumption. That small change, alone, could eliminate decades of tax avoidance strategies by multinational companies. It would…
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Canadian ambassador, in letter to U.S. governors, defends dairy policies as compliant with NAFTA
Following President Trump’s charge earlier this week that U.S. dairy farmers have suffered from “some very unfair things” in Canada, the country’s envoy to Washington, David MacNaughton, said U.S. claims are not based on fact — and that Canada is living up to its international trade obligations. [Jenny Leonard] April 17th, 2017 [Inside U.S. Trade]…
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Lawmakers, labor groups laud Trump’s Buy American executive order
Some lawmakers, industry and labor groups are praising President Trump’s directive calling for a “systemic review” of Buy American laws as a good “first step,” but add that details and enforceable action are still missing while they await the release of the executive order signed by the president during an April 18 event in Kenosha,…
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Don’t Believe What They Tell You About Foreign Investment
By Jeff Ferry, CPA Research Director We often hear of state and federal officials chasing after foreign investment dollars, trying to bring money into the U.S. Recently a dozen CEO’s of foreign companies met with the Trump Administration to make the case that foreign investment is an unabashed good for America. Only a few days…
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Trump’s taxing problems
Donald Trump won the presidency in significant measure on a promise to deliver more robust growth and better jobs. As things stand, his efforts and GOP prospects for the midterm elections will importantly hinge on accomplishing tax reforms that encourage more investment. [Peter Morici] April 17th, 2017 [Washington Times] Stronger growth could be greatly assisted by…
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