Under billions of tons of imports, the American dream is suffocating. The American people have lost faith. They know that bad trade has bled factories, middle class jobs and wage increases from the country. [Reposted from the Campaign for America’s Future blog | Leo Gerard | December 16, 2014] A report issued last week…
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Inside the ‘Christmas village’ of Yiwu, there’s no snow and no elves, just 600 factories that produce 60% of all the decorations in the world. There’s red on the ceiling and red on the floor, red dripping from the window sills and red globules splattered across the walls. It looks like the artist Anish…
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Stanley Black & Decker opened a plant in Charlotte, N.C., a year ago to assemble some power drills and other tools previously made only overseas. But that factory relies on parts and materials bought outside the U.S. The U.S. has continued to grow more reliant on imports from China and other Asian countries despite a…
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China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort. [by Bloomberg News | December 18, 2014 | Bloomberg] The push comes after a test of domestic alternatives in…
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The country’s top executives from Wall Street and corporate America are working directly with President Obama and members of his cabinet and appointees on passing a free-trade agenda that is unpopular among the president’s natural constituents of democrats, labor unions, environmental and consumer groups and the American public as a whole. [by Richard McCormack…
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Please get it right this time and correct the failures of past trade deals…..all of them! President Reagan gave a speech that established the principle of “free and fair trade with free and fair traders.” More specifically, he established the 3 R’s: Rules, Reciprocity and Results. “Rules” mean that the trade must be rules…
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John R. MacArthur of Harpers Magazine tells Bill Moyers that the TPP is a way to send more jobs to Vietnam, Malaysia and other countries. Full Show: Democrats Bow Down to Wall StreetMoyers & Company, December 12, 2014 Negotiators from the 12-nation Trans-Pacific Partnership (TPP) are in Washington this week for a new round…
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What that “Made in China” label really means. This isn’t NRO’s dedicated China spot, but I’ve got one last CCP piece to write before moving back to more cheerful subjects. [by Josh Gelernter | December 13, 2014 | National Review] There was big news last week: that China had overtaken the U.S. as the…
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President Obama acknowledged Dec. 3 that the Chinese exercise of cybertheft is “indisputable.” While he encouraged American CEOs to speak out about China’s behavior, others, such as Facebook CEO Mark Zuckerberg, could not be more eager to pander to senior Chinese officials in order to nudge his way into a lucrative new market. Facebook…
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(Editor’s note: The US trade deficit with China provides the massive amounts of foreign cash needed to build their military.) For all the focus on maritime disputes in the South and East China Seas, there is an even greater peril in Asia that deserves attention. It is the rising salience of nuclear weapons in the…
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