Ways and Means: Bipartisan Group Introduces Legislation to Crack Down on Currency Manipulation

WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) joined Reps. Tim Murphy (R-PA), Tim Ryan (D-OH) and Mo Brooks (R-AL) today in introducing legislation to hold currency manipulators accountable. The Currency Reform for Fair Trade Act takes aim at currency manipulators by enabling the Department of Commerce to impose countervailing duties to…

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Media Matters: STUDY: TV News Shows Largely Ignore Historic Trade Negotiations

Trans-Pacific Partnership Barely Noticed By Weeknight News Over The Past 18 Months Weeknight television news programs have given little attention to the Trans-Pacific Partnership (TPP), a sweeping trade agreement between the United States, Canada, and 10 nations from the Asia-Pacific region. Although the nations involved in the negotiations create a huge amount of economic activity,…

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Mesquite Local News: Fast Track Trade Authority: Usurping the Constitution

Article I, Section 8 of the Constitution states: “The Congress shall have the power…to regulate commerce with foreign nations,” among other duties and responsibilities. [Reposted from Mesquite Local News  |  Frank Shannon  |  January 28, 2015] Fast Track/Trade Promotion Authority is being sought by President Obama as a means of passing new trade agreements through…

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M&T News: China New Superpower with US Help

  The US is helping China become the next superpower. That is the conclusion of a US intelligence analyst, Michael Pillsbury, who wrote the recent book: “The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower.” Manufacturing & Technology News (subscription required) reports: Pillsbury, who spent 40 years as a China analyst…

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EPI: Currency Manipulation and the 896,600 U.S. Jobs Lost Due to the U.S.-Japan Trade Deficit

Executive summary U.S. trade and investment agreements have almost always resulted in growing trade deficits and job losses. Under the 1993 North American Free Trade Agreement, growing trade deficits with Mexico cost 682,900 U.S. jobs as of 2010, and U.S.-Mexico trade deficits and job displacement have increased since then. [Reposted from the EPI blog  | …

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