President-elect Trump’s pick for Commerce secretary kept China’s trade policies in his cross-hairs throughout his questioning in front of the Senate Commerce Committee on Jan. 18, managing to remain critical of Beijing while calming the fears of some senators that the Trump administration will follow through on threats and impose a high tariff on Chinese…
by Michael Stumo The Davos crowd continues to hear speeches reinforcing attendees’ twisted globalist vision. The protectionist president of China, Xi Jinping, is freaking out about Trump’s intentions to neutralize their WTO lawbreaking. He gave a Davos speech this week saying: “Pursuing protectionism is just like locking oneself in a dark room,” the Chinese president…
President-elect Donald Trump and the tech industry may have more in common than they realized. [Eugene Kim| January 9, 2017 |Business Insider] Though Trump was almost universally unpopular in Silicon Valley during the campaign, a new proposal from a group of high-profile tech leaders doesn’t sound so different from some of Trump’s protectionist language on trade.…
The new House Ways & Means ranking member, Richard Neal (D-MA), is urging the incoming Trump administration to resume Transatlantic Trade and Investment Partnership talks with the European Union — adding that he asked President Obama two years ago to prioritize those negotiations over the Trans-Pacific Partnership — and warned that a border adjustment provision…
Washington (CNN)President-elect Donald Trump’s choice for secretary of state, Rex Tillerson, is facing resistance from a notable quarter — Republican Sen. Marco Rubio. [Nicole Gaouette| January 11, 2017 |CNN] Rubio — who refused to say if he would vote for Tillerson after a day of testimony — pressed the former ExxonMobil CEO hard Wednesday on…
House Democrats have introduced legislation calling on President-elect Trump to lay out the details behind his plans to address the outsourcing of American jobs and his pledge to bring back the U.S. manufacturing base — emphasizing that they stand ready to work with Trump on the issue once he shows commitment to create “serious” policy.…
I am pleased that the report released today by the Department of Labor in response to our submission on Colombia’s Free Trade Agreement found significant evidence of inadequate labor inspection and enforcement, abusive subcontracting, failure to prosecute threats and violence against unionists and other failures. While the report is an important first step towards ensuring…
Don’t expect lawmakers to quietly accept President-elect Donald Trump’s plan to use congressionally granted authorities to hike tariffs against offending countries, which could potentially spark trade wars. Sen. Mike Lee (R-Utah) is already leading an effort to find ways to rein in some of the executive power Trump would have on trade. [Adam Behsudi| January…
Washington~ The Coalition for a Prosperous America’s research center has found, in an economic analysis of federal government data, that every $1 billion increase in imports causes a loss of 4,552 US jobs. Globalization advocates often claim job gains from exports, but fail to include the import displacement side of the equation. “We wanted to calculate…