Fixing the Bloated Dollar

By Jeff Ferry, CPA Research Director The fear is growing that a rising dollar could sabotage any effort by the Trump Administration to improve the U.S. trade balance as a means of improving the health of our manufacturing industry. Commentators have suggested that the prospect of rising interest rates and higher U.S. economic growth, combined…

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The GOP Tax Plan is Bonkers

The mooted GOP tax plan has drawn some positive attention from trade reformers because it’s the first tax plan in decades to make serious moves designed to reduce America’s trade deficit. [Ian Fletcher| February 12, 2017 |Huffington Post] Unfortunately, unless I’m totally missing something, it’s also a seriously crazy document. So crazy, in fact, that despite not being an…

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Media Coverage: National Farmers convention speaker: Trade deals harm US agriculture and manufacturing

At National Farmers’ Convention 2017 recently, Brian O’Shaughnessy, co-chairman of the Coalition for a Prosperous America and chairman of Revere Copper Products, talked trade, value-added tax and mercantilism to organization members in Springfield, Missouri. [February 11, 2017 |Midwest Ad Journal] “Since 2000, more than 30 percent of the manufacturing facilities Revere ships products to domestically…

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Germany’s Global Trade Surplus Hits Record in 2016

FRANKFURT—Germany’s exports exceeded its imports by the widest yearly margin on record last year, a sign of the strength of Europe’s biggest economy that could inflame tensions between Washington and Berlin over their trade relations. [NINA ADAM and ANDREA THOMAS| February 09, 2017 |Wall Street Journal] Germany’s trade surplus—or the balance of exports and imports of goods—rose…

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