India has taken the first step toward dispute settlement at the World Trade Organization by requesting consultations with the U.S. over eight state-level renewable energy programs that allegedly have domestic content requirements and contain subsidies in violation of WTO rules. [ Daily News| September 12, 2016 | Inside US Trade] According to Geneva sources, India is specifically…
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by Michael Stumo Senate Finance Committee Chair Orrin Hatch is predictably relaxing his TPP demands for Big Pharma data exclusivity stating he doesn’t need a side agreement but some other agreement that “honorable countries” will live up to. According to Inside US Trade (subscription require): “We have to come up with a methodology where they…
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by Michael Stumo This is a very big problem. Thanks to rigged trade deals promoted by the Clinton/Bush/Obama administrations, there is a new globalist attack on US sovereignty, our jobs, and states’ rights. India is asking the World Trade Organization (WTO) to authorize penalties against eight states’ Buy America rules in renewable energy programs. The…
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FOR IMMEDIATE RELEASESeptember 12, 2016 Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Beef and Cattle Imports Set Record under Ag Secretary Vilsack The Coalition for a Prosperous America (CPA) said today that beef and cattle imports have skyrocketed to record levels, displacing US cattle producers, under US Agriculture Secretary Tom Vilsack. As a result, the…
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[ Kyodo| September 12, 2016 | Japan Times] The 12 countries that signed the Trans-Pacific Partnership free trade pact earlier this year agreed Monday that they will not renegotiate the deal, Japan’s TPP minister Nobuteru Ishihara said. The minister also told reporters the 12 nations confirmed they will move ahead with domestic processes quickly to…
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[ Thomas Frank | September 12, 2016 | Politico] One of the most startling developments of this most peculiar campaign season has been the emergence of trade as an electrifying political issue. We’re used to trade being the dry province of diplomats and academic economists—in large part because, for the past 20 years, trade policy has been…
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RESEARCH DIRECTOR You are invited to explore the position of Research Director with the Coalition for a Prosperous America Education Fund. Our organization is dedicated to educational activities that will result in new and positive U.S. trade and economic policies to help America win the international competition for good jobs, sustained economic growth and strong…
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[ September 10, 2016 | The Hindu] India and three others in the BRICS bloc — Brazil, Russia and South Africa — have cold-shouldered China’s attempt to bring to the negotiating table a proposal for a Free Trade Agreement (FTA) between the five major emerging economies. Tariff Elimination While Beijing’s proposal for a ‘BRICS FTA’…
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The ranking members of the House and Senate trade committees today sent a letter to the head of the World Trade Organization lambasting the organization’s secretariat for issuing a report that calls for the removal of antidumping and countervailing duties instead of urging WTO members to resolve the policies that create the need for duties in the…
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Apple’s Ireland subsidiary paid an Irish tax rate of five one hundredths of one percent in 2014, slightly above zero. The U.S. statutory corporate tax rate is 35% while the effective rate (what corporations pay on average) is 27.1%. Ireland is widely regarded as a tax haven country. It sells itself as a haven for…
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