The West Wing is desperate for a win on taxes, but thorny details need to be ironed out. The Trump White House is already mapping out a major, historic overhaul of the tax code, just one week after the stunning collapse of its Obamacare repeal bill. [NANCY COOK, SHANE GOLDMACHER and JOSH DAWSEY] April 2nd, 2017 [Politico] It’s…
Department of Commerce Seeks Public Input on Pipelines “Made in America;” Comments Due April 7, 2017 On March 16, 2017, the Department of Commerce published a Federal Register notice requesting input on the use of American-made materials in the construction and maintenance of American pipelines. Referring to President Trump’s January 24, 2017 Presidential Memorandum calling for…
What should the trade world expect next week when Xi heads to Mar-a-Lago for a two-day meeting with the president? “The meeting next week with China will be a very difficult one in that we can no longer have massive trade deficits and job losses,” @realDonaldTrump tweetedThursday evening. “American companies must be prepared to look at other…
President Donald Trump will sign an executive order Friday that is intended to identify the countries the White House considers to be among the top cheaters in trade deals with the U.S., senior administration officials said. [ALI VITALI] March 30th, 2017 [NBC News] Commerce Secretary Wilbur Ross told reporters Thursday night that the executive order…
The 2017 National Trade Estimate Report features a new set of grievances concerning Chinese “barriers to digital trade” and blasts Beijing’s state-directed “Made in China 2025” plan for seeking to provide domestic companies advantages over foreign ones. [Jack Caporal] March 30, 2017 [Inside US Trade] The report from the Office of the U.S. Trade Representative, released annually,…
Washington~ Coalition for a Prosperous America announces the appointment of three new members to its Advisory Board. Joining the Advisory Board are Gregg Fisher, founder of Gerstein Fisher; Greg Autry, assistant professor of clinical entrepreneurship at USC Marshall and a member of Trump’s transition team for NASA, and John R. Hansen, an international economist and…
By Jeff Ferry, CPA Research Director On Friday, President Trump announced two executive orders that look like the beginning of a major offensive on trade policy. “Today….I set the stage for a great revival of American manufacturing,” the President said in Friday’s White House briefing. The most significant executive order calls for a 90-day investigation…
Washington~ President Donald Trump is moving to fulfill his campaign promises by signing two executive orders related to trade today. The first will launch an investigation of the U.S. trade deficit by examining U.S. trade relationship country-by-country to look for issues like trade cheating, lax enforcement or currency manipulation. “This is a very smart move…
One change would be in government-procurement section of deal that could open up door for ‘Buy American’ policies WASHINGTON—The Trump administration is signaling to Congress it would seek mostly modest changes to the North American Free Trade Agreement in upcoming negotiations with Mexico and Canada, a deal President Donald Trump called a “disaster” during the…
WASHINGTON—The Trump administration appears poised to cement China’s unfavorable status in trade cases, making Chinese goods eligible for higher U.S. tariffs well into the future. [William Mauldin] March 29, 2017 [The Wall Street Journal] U.S. officials are preparing a review of China’s “market-economy status” under the World Trade Organization, according to official documents on the…