How to Fix the Trade Deficit

The Commerce Department is expected to report the U.S. deficit on trade goods and services in March was about $44 billion, indicating the United States is on track for another trade gap in excess of $500 billion for 2017. [PETER MORICI] May 1st, 2017 [Market Watch]  For decades, the trade deficit has been a source of…

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Trump orders the establishment of an Office of Trade and Manufacturing Policy, to be run by Navarro

President Trump, on his 100th day in office Saturday, signed an executive order establishing “the Office of Trade and Manufacturing Policy” — an entity to be run by Peter Navarro, who was originally named to head the White House National Trade Council. [Jenny Leonard] April 29th, 2017 [Inside U.S. Trade] The executive order says the White House…

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Renegotiate NAFTA Right Donald Trump needs to rethink his priorities in order to get a better trade deal.

President Donald Trump has called the North American Free Trade Agreement “the worst trade deal” ever signed by the United States. After threatening to withdraw from the agreement this week, he has announced that he will attempt to renegotiate it instead. The pact can be improved in ways that will help working people throughout the hemisphere,…

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Stephen Vaughn, the Hamiltonian at USTR Vaughn, the current acting U.S. Trade Representative, is a trade lawyer who shares Trump’s distaste for recent U.S. trade policy

What does “Hamilton” have to do with trade policy? More than you might think in the case of acting U.S. Trade Representative Stephen Vaughn, who counts himself among the hit Broadway musical’s legions of fans.   [DOUG PALMER] April, 27th 2017 [Politico] Vaughn, a history buff as well as a trade lawyer, says he has…

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Press Release: China is not a Market Economy, CPA tells Government Agency

Washington ~ The Coalition for a Prosperous America (CPA) urged the International Trade Administration (ITA) to find that China is not a market economy for purposes of applying US trade laws in countervailing duty and antidumping investigations. The ITA initiated the inquiry as part of an investigation relating to aluminum foil imports from China. The…

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