From Brazil to Canada and Mexico to Turkey, steelmakers are unhappy with China. [Reposted from Hellenic Shipping News | June22, 2015] The producer of half the world’s steel is destabilizing the market with “massive and increasing overcapacity in an era of slowing growth,” according to a joint statement by industry associations from around the world…
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Congress will try to move President Obama’s trade agenda to the finish line before they rush out for a holiday recess. [Reposted from The Hill | Cristina Marcos | Juen 22, 2015] A contentious trade package is set to dominate the Senate’s schedule this week, as lawmakers try once again to pass a ‘fast track’…
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WASHINGTON — House Minority Leader Nancy Pelosi (D-Calif.) provided a grim outlook on Thursday about the future of legislation funding a worker aid program that will be key for pushing President Barack Obama’s trade agenda over the finish line. [Reposted from the Huffington Post | Laura Barron-Lopez | June 18, 2015] The program, known as…
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A generation of economists trained to believe that trade had little to do with the long decline in high-paying U.S. factory jobs is changing its mind. [Reposted from Bloomberg | Peter Gosselin | June 18, 2015] Their findings are likely to fuel the opposition within President Barack Obama’s own Democratic Party to his proposed 12-nation…
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R-CALF United Stockgrowers of America–“Fighting for the U.S.Cattle Producer” For Immediate Release June 18, 2015 Billings, Mont. – On Tuesday, the United States Trade Representative (USTR) formally triggered an arbitration process with Canada regarding country of origin labeling (COOL) at the World Trade Organization (WTO). The purpose of the arbitration process is to determine the…
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President Obama repeats a mantra on the Trans-Pacific Partnership (TPP) trade agreement: “If we don’t write the rules, China will write the rules in that region….” But two recent revelations of major Chinese misbehavior — another massive cyber hack, this time of the Office of Personnel Management database, and the build-out of South China…
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In an op-ed in today’s Wall Street Journal, Senator Rand Paul announced his tax plan. While Herman Cain had his 9-9-9 plan, you can think of Mr. Paul’s approach as the 14.5-14.5 plan: He would replace all of today’s federal taxes with a 14.5 percent flat personal income tax and a 14.5 percent value-added tax.…
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President Obama and GOP leaders in both chambers are inching toward a deal to save the White House trade agenda. [Reposted from The Hill | Alexander Bolton and Scott Wong | June 17, 2015] Republican leaders announced the House will vote Thursday on giving Obama fast-track authority, less than a week after a failed vote…
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WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) today delivered the following remarks on the House floor in opposition to TPA, the “fast-track” trade bill: [Reposted from the Ways and Means site | Sander Levin | June 18, 2015] It is said that we should write the rules, not China. But make…
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FOR IMMEDIATE RELEASE June 18, 2015 Contact: Sara Haimowitz, [email protected] The Coalition for a Prosperous America CEO, Michael Stumo, today issued a statement regarding the close House vote in favor of Fast Track trade authority for President Obama. “Pro-trade deficit legislators achieved a close house vote for ‘Fast Track’ trade authority today. Because the…
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