Trump Campaign Senior Policy Advisor Stephen Miller addressed Friday why immigration and trade are key issues in the Republican frontrunner’s campaign. [Matthew Wisner| March 18, 2016 |Fox Business] “Well, there is very little right about our trade deals, there is virtually nothing right about our trade deals. We’ve been getting taken to the cleaners by…
Details
Michael Stumo, CEO of CPA, was invited to speak at Radio KNUS, broadcasting from Denver, Colorado. He talked about the failures of KORUS and the false promises made when that was being passed. Clearly, KORUS has been nothing but bad news for America, doubling our trade deficit with South Korea. Stumo mentioned how we are…
Details
China and Russia are preparing to attack and disrupt critical U.S. military and intelligence satellites in a future conflict with crippling space missile, maneuvering satellite, and laser attacks, senior Pentagon and intelligence officials told Congress on Tuesday. [Bill Gertz| March 16, 2016 |Washington Free Beacon] Air Force Gen. John Hyten, commander of the Air Force…
Details
INDIANAPOLIS — The fuzzy video, shot by a worker on the floor of a Carrier factory here in the American heartland last month, captured the raging national debate over trade and the future of the working class in 3 minutes 32 seconds. [Nelson D. Schwartz| March 19, 2016 |The New York Times] “This is strictly…
Details
Korean auto imports to the U.S. have surged by 20 percent in value in January of this year, the first month that the U.S. car tariff was lifted under the U.S.-Korean free trade agreement (KORUS). In December 2015, imports of passenger cars were valued at $1.5 billion and they increased to $1.8 billion in January,…
Details
Michael Stumo appeared as a guest on Kerry Lutz’s show. He talked about how current free trade agreements are destroying our country. Listen in here.
There is no doubt that the Wall Street Journal is desperate to go back to the utopian thought of “free trade” agreements. Let’s face it, the damage is done, people are up in arms about it, and there is no going back. They posted an article about how Reagan’s protectionism is destructionism and how that…
Details
Scouring China’s annual gathering of leaders for clues about business prospects, foreign companies got a clear message: Brace for bigger, stronger local competitors. [Bloomberg| March 15, 2016 |Industry Week] Reform of the nation’s $18 trillion state sector will focus on making companies “bigger and better” with mergers and acquisitions pivotal, said the State-Owned Assets Supervision…
Details
I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains. [Robert Reich| March 14, 2016 |Robert Reich] The old-style trade agreements of the 1960s and 1970s increased worldwide demand for products made by American workers,…
Details
Big businesses can take comfort in the expectation that Hillary Clinton will revise her current anti-trade deal stance once she’s in office, according to the head of a prominent business association. [Al Weaver| March 16, 2016 |Washington Examiner] Speaking with reporters Tuesday, Business Roundtable president John Engler cited the Clintons’ family history of changing their…
Details