Give Pfizer, the giant drug maker, points for boldness and persistence: The company has bravely put “tax inversions” back in the headlines. [ by Jeff Sommer | November 14, 2015 | NY Times ] Pfizer, which already holds roughly $140 billion overseas and is quite skillful at minimizing its taxes, is considering a deal…
Updated: The Trans-Pacific Partnership (TPP) chapter on financial services gives private firms in that sector broader grounds to sue member governments than previous U.S. free trade agreements by incorporating obligations for parties to accord a “minimum standard of treatment” to financial services investments and subjecting that commitment to investor-state dispute settlement (ISDS). November 10,…
President Obama’s trade deal with 11 other Pacific Rim countries is in deep trouble with Congress. Speaker Paul Ryan (R-Wis.) and Senate Finance Committee Chairman Orrin Hatch (R-Utah) haven’t decided whether they’re going to support the Trans-Pacific Partnership (TPP) — even after they helped the president win fast-track authority in a bruising interparty fight…
When talking about trade and the Trans-Pacific Partnership (TPP), Republican candidate Donald Trump was correct about China. [Reposted from the Campaign for America’s Future blog | Dave Johnson | Novmeber 12, 2015] In the fourth Republican debate that took place in Milwaukee Tuesday, a moderator asked about Trump’s opposition to TPP. ● Moderator: “… the…
GOP presidential candidate Carly Fiorina says she’s against the Trans Pacific Partnership (TPP) trade deal that was recently made public. [ by Alex Swoyer | November 9, 2015 | Breitbart ] “It’s 30 chapters long the thing has been negotiated in secret for almost two years,” Fiorina said to Breitbart News Daily on SiriusXM…
Americans who once earned family-supporting wages working in factories, foundries and mills across this country began destroying themselves at a shocking rate five years after implementation of the North American Free Trade Agreement (NAFTA). [Reposted from Campaign for America’s Future | Leo Gerard | November 0, 2015] That’s because such deals – schemes exactly like…
On Wednesday’s Breitbart News Daily on Sirius XM Patriot channel 125, Donald Trump’s campaign manager said Trump is committed to renegotiating the Trans-Pacific Partnership (TPP) agreement with the 11 nations and then honoring the Constitution by getting two-thirds of the Senate to approve those bilateral agreements. [Reposted from Breitbart | Tony Lee | November 11,…
DONGXIANPO, China — Just outside the southwest border of Beijing, a new coal-fired power and heating plant is rising in Dongxianpo, a rural town in Hebei Province. Cement mixers roll onto the site. Cranes tower above a landscape of metal girders. [ by Edward Wong | November 11, 2015 | NY Times ] When…
PITTSBURGH, Nov. 10, 2015 /PRNewswire-USNewswire/ — The United Steelworkers (USW) confirmed a unanimous vote by the U.S. International Trade Commission (USITC) to sustain anti-dumping duties on steel plate imports from China that are protecting thousands of American union steelworker jobs at plate mills in Pennsylvania, Indiana and Louisiana. [Reposted from PR Newswire | November 10,…
Banks and other financial institutions would be able to use provisions in the proposed Trans-Pacific Partnership to block new regulations that cut into their profits, according to the text of the trade pact released this week. [ by David Dayen | November 6, 2015 | The Intercept ] In what may be the biggest…
