Navarro on ‘garbage studies’ of Globalists

The White House appeared to take a further step toward embracing the border-adjustable tax plan on Friday when Peter Navarro, director of the White House’s new National Trade Council, told CNBC there was “no question that we need a border-adjustable tax of some kind.” The tax would have to be flexible, he said without providing details, but added: “Paul…

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Analysts: Use investment review process to push China on trade practices

Trade policy analysts testified before the U.S.-China Economic and Security Review Commission on Jan. 26 that U.S. government agencies should have broader discretion to review Chinese direct investment in the United States, as a means of pushing for reciprocal market access and implementing the national interest standard established by the Committee on Foreign Investment in…

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THE WHITE HOUSE’S IDEAL TRADE DEAL

Trump specified when he signed a memorandum withdrawing from the TPP earlier this week that the administration was not going to shy away from trade deals altogether but would shift to focus solely on bilateral deals. And with an eye toward fulfilling a promise to reach agreements quickly, the administration has already outlined a set of criteria…

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Brady defends border adjustability as WTO-compliant, but expects outcry from other countries

Ways & Means Committee Chairman Kevin Brady (R-TX) defended the House GOP’s tax blueprint — particularly its border adjustability provision — by saying he is “very confident” the bill would withstand World Trade Organization challenges if it became law, though he expects other countries to criticize the move nonetheless. [Daily News| January 24, 2017 |Inside…

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