Why I Support a Border-Adjustment Tax

MOUNT PROSPECT, ILL. — The United States corporate tax rate has been stuck at 35 percent for three decades. In that time, other leading countries have slashed their corporate rates to an average of 25 percent, with many far below that figure. This tax rate discrepancy puts domestic manufacturers at a competitive disadvantage and creates…

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Trump to sign orders calling for trade deficits study, better AD/CVD duty collection

President Trump is expected to sign two trade-related executive orders on March 31, one directing the Commerce Department to examine the causes of U.S. trade deficits, country-by-country, with the results likely to lead to concrete actions, according to administration officials. [Brett Fortnam] March 30th, 2017 [Inside US Trade] The second order is geared toward improving…

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Teamsters Support Commerce Department Review of China’s Non-Market Economy

Government Suppression of Labor Rights Precludes Market Economy Status (WASHINGTON) –The Teamsters Union supports a full review of China’s trade non-market economy by the Department of Commerce and reviewing the country’s suitability to be classified as a market economy by the World Trade Organization. [Galen Munroe] March 31st, 2017 [Teamsters] China’s extensive government involvement in…

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Trade & Manufacturing Alert

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…

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