With workers locked out at a Allegheny Technologies (NYSE:ATI) plant less than a mile from my home in western Pennsylvania, I’m sensitive to what is happening in the steel industry. [Reposted from ETF Daily News | Tony Daltorio | September 1, 2015] And right now, things don’t look good. For example, the U.S. benchmark hot rolled coil index…
During my tour of manufacturing plants in the Toledo, Ohio region last month, I decided to write an article about Plastic Technologies, Inc because of the interesting story about Dr. Tom Brady who founded the company in 1985. When I interviewed Dr. Brady last week, he told me that when he worked for Owens-Illinois, Inc.…
WASHINGTON – The Japan-U.S. alliance that obligates the United States to protect Japan is unfair, U.S. Republican presidential candidate Donald Trump has said. [ JiJi | August 27, 2015 | The Japan Times ] “If Japan gets attacked, we have to immediately go to their aid,” Trump said, and “if we get attacked, Japan…
Dutch MPs from across the political spectrum are demanding answers on the European Commission’s decision to stop sending them details of the negotiations over the Transatlantic Trade and Investment Partnership (TTIP). [Reposted from Dutch News | August 26, 2015] The aim of the proposed free trade deal between the EU and US is to cut…
U.S. stocks have endured a lot of turmoil but recent shocks have made apparent important facts about China and the shifting global economy long ignored by many analysts and investors. Those bode well for America and the bull market should soon resume. Faulty accounting standards make dicey assessing the true profitability of most publicly…
Amid an apparent lull in the negotiations, officials from Trans-Pacific Partnership (TPP) will gather this week in Mexico to continue the legal scrub of provisions of the deal that have already been agreed, marking the highlight of a work week in U.S. trade policy that will be otherwise quiet due to the congressional recess and…
Michele Nash-Hoff, author of this article, is Chair of the CPA CA Chapter. [Reposted from the San Diego Union Tribune | Michele Nash-Hoff | August 27, 2015] Promoters of the Trans-Pacific Partnership Agreement make the same promises made by promoters of past trade agreements. Did their promises come true? Promoters of the North American Free…
DES MOINES, Iowa — Former Arkansas Governor Mike Huckabee struck a nationalist, populist chord in an appearance at the annual Iowa State Fair Thursday, telling The Washington Post that new tariffs might be a fair response to China’s devaluation of the yuan this week. [Reposted from The Washington Post | David Wigel | August…
Since China devalued its currency 3 percent, global markets have gone into a tailspin. Why should this be? [Reposted from End Global Governance | Pat Buchanan | August 24, 2015] After all, 3 percent devaluation in China could be countered by a U.S. tariff of 3 percent on all goods made in China, and the…
The president of Mexico’s auto industry association on Wednesday (Aug. 26) laid out in detail his objections to a deal worked out by the United States and Japan on the automotive rules of origin in the Trans-Pacific Partnership (TPP) that has been rejected by the governments of Mexico and Canada because it includes a regional…