A report on the phenomenon known as “reshoring” — the opposite of offshoring — shows that while a growing number of companies are returning to the United States to do their manufacturing, the trend is smaller and less significant to the economy than it appears. [Jim Zarroli | December 16, 2014 | npr.org] The…
The following is the text of a letter written by Terence P. Stewart, President of the Committee to Support U.S. Trade Laws, regarding “The Leveling the Playing Field Act” introduced by Senator Sherrod Brown. December 10, 2014 The Honorable Sherrod BrownUnited States Senate713 Hart Senate Office BuildingWashington, DC 20510-3505 Dear Senator Brown: On behalf…
The following is a review of a book by Dan DiMicco, Chairman Emeritus of Nucor and Board member of Coalition for a Prosperous America. Do you want to build an economy? Well, you can make burgers, or you can make things—and making burgers, warns the former CEO of steel giant Nucor, is a fast track…
Wednesday, December 10, 2014 WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) introduced legislation today that would improve the ability of the U.S. to crack down on unfair foreign competition resulting from violations of trade law. The Leveling the Playing Field Act would restore strength to antidumping and countervailing laws used by American companies…
Growth in the U.S. goods trade deficit with China between 2001 and 2013 eliminated or displaced 106,000 jobs in Ohio, according to China Trade, Outsourcing and Jobs, a new study from the Economic Policy Institute. It found that trade with China has caused job loss in all 50 states and the District of Columbia,…
Contact: Sara Haimowitz, [email protected], 202.688.5145 For immediate release CPA Applauds Sen. Ben Cardin Progressive Consumption Tax Bill: Legislation Would Drastically Improve American Producers’ Trade Competitiveness The Coalition for a Prosperous America (CPA) applauds Senator Ben Cardin (D-MD) for introducing the Progressive Consumption Tax bill yesterday. The bill, if passed, would tremendously improve US trade…
WASHINGTON (Reuters) – A push by the White House to woo free trade skeptics on Capitol Hill will help bills through the next Congress, but lawmakers are unlikely to simply wave through legislation that holds the key to deals covering two-thirds of the world economy. President Barack Obama plans to advocate for a bill…
The holiday season is busy around my house. We listen to a lot of Christmas music, go to the theater for a movie or two, maybe catch a performance onstage, watch some Christmas specials on TV and visit with friends and family. Amidst all this commotion, I nearly overlooked an important event this…
Last month, I had the pleasure of interviewing Steve Blue, President of Miller Ingenuity, located in Winona, Minnesota. Winona is a medium-sized Midwestern town of under 30,000 people located on bluffs overlooking the Mississippi River in the southeastern corner of Minnesota across the river from Wisconsin. [by Michele Nash-Hoff | December 10, 2014 |…
Another former employee of United Technologies Corp. has been arrested by federal authorities and accused of trying to take sensitive documents relating to military aerospace programs to another country. [by Brian Dowling | December 9, 2014 | Hartford Courant] In a criminal complaint unsealed Tuesday at U.S. District Court in Bridgeport, authorities say that…