[NELSON D. SCHWARTZ| November 30, 2016 |The New York Times] In tiny Sellersburg, Ind., just across the border from Kentucky, Manitowoc Foodservice is in the final stages of closing a factory that makes beverage dispensers and ice machines and is laying off 84 workers. The company is moving production to Mexico. Just 100 miles…
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FOR IMMEDIATE RELEASE Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Trump Should Reject Boustany Bid for USTR Slot Washington ~ The Coalition for a Prosperous America (CPA) urged President-elect Trump to reject Rep. Charles Boustany’s effort to become the new US Trade Representative. Boustany’s trade positions and voting history is directly opposed to Trump’s…
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[Daily News| December 1, 2016 |Inside US Trade] President-elect Trump’s pick to lead the Commerce Department, Wilbur Ross, called the Trans-Pacific Partnership “a flawed agreement” and dismissed TPP proponents’ and President Obama’s efforts to pass the deal as “a fiction of people’s imagination.” “[TPP] is not going to happen,” Ross told Fox Business News…
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Washington~ The Coalition for a Prosperous America (CPA) expressed strong support for a newly filed House resolution (H.Con.Res.175) calling for a national goal of balanced trade, with a special emphasis on manufacturing and goods. Leading the resolution are Representative Dan Lipinski (D-IL-03) and Representative Mo Brooks (R-AL-05). The goal of this resolution is to express: … the…
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[Daily News| November 29, 2016 |Inside US Trade] Senate Finance Committee Chairman Orrin Hatch (R-UT) says he is keeping an open mind on President-elect Trump’s emerging trade agenda — although he plans on pushing to keep at least parts of the Trans-Pacific Partnership agreement alive despite Trump’s pledge to withdraw the United States from it…
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[ HEATHER CAYGLE and BERNIE BECKER| November 29, 2016 |Politico] The battle is on to be the next top Democrat on the powerful House Ways and Means Committee. Both Reps. Xavier Becerra (D-Calif.) and Richard Neal (D-Mass.) announced Tuesday they would seek the post, shortly after the long-time ranking member, Rep. Sandy Levin (D-Mich.), said that he wouldn’t…
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[Matthew Lynn| November 30, 2016 |Market Watch] LONDON (MarketWatch) — Building a wall along the border with Mexico. Launching a trade war with China. Scrapping the Trans-Pacific Partnership, and rethinking the involvement of the United States in trade agreements around the world. When he moves into the White House in January, President Donald Trump will…
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By Michael Stumo The US International Trade Commission (USITC) and private think tanks usually do “studies” to project the impacts of trade deals. We now have more information on how freakishly wrong those studies are. Dean Baker of the Center for Economic and Policy Research recently reviewed the USITC methods for projecting the economic impacts…
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[ HARPER NEIDIG | November 26, 2016 |The Hill] Sen. Bernie Sanders (I-Vt.) said Saturday he will introduce legislation aimed at preventing major companies from sending jobs to foreign countries, similar to what President-elect Donald Trump proposed on the campaign trail. Sanders pointed to Trump’s promise to prevent Carrier, an air conditioning manufacturer owned by United Technologies, from shifting factory jobs…
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[Daily News| November 30, 2016 |Inside US Trade] President-elect Donald Trump plans to select Wilbur Ross to be Commerce secretary, Ross said on Nov. 30. Ross is a private equity investor with years of experience in restructuring struggling firms and operations, including some of Trump’s. He confirmed his selection in a CNBC interview. Ross told CNBC he…
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