On September 15, 2014, just before Congress went into recess for the midterm elections, the House of Representatives passed H.R. 2996, the Revitalize American Manufacturing and Innovation (RAMI) Act of 2013. [by Lauren M.. Donoghue | November 2014 | Trade & Mfg Alert] RAMI aims to grow U.S. manufacturing by strengthening collaboration between government, educational…
The economy grew at a 3.5% annualized rate last quarter, in large part because of fewer imports. It shows that analysts are wrong to rely on debt-driven consumer spending to fuel growth. The reason they are wrong is because we don’t want consumer spending to be the basis of our next level of growth. We…
…..Picking winners and losers by our trade negotiators is Un-American! A continuing discussion by my friend Bob Johns….a true Champion! Our Trade negotiators job is to provide open markets and a level playing field on which we all compete. Make no mistake about it, they have FAILED MISERABLY over the last 40 years. [by Dan DiMicco |…
U.S. Senator and Republican presidential hopeful Rand Paul (R-KY) is calling on President Barack Obama to conclude negotiations over the Trans-Pacific Partnership (TPP) by year’s end. [by Zachary Keck | October 28, 2014 | The Diplomat] Last week Senator Paul gave what his office billed as a major foreign policy address comprehensively outlining his…
China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world’s biggest producer are taking advantage of the rebate to sell surplus steel cheaply. [by Yuka Obayashi and Manolo Serapio Jr | October 29, 2014 | Reuters] The steel in question contains boron,…
Context isn’t kind to the retailer’s “American-made” PR promises. The web filter at the Alliance for American Manufacturing (AAM) caught a big ol’ piece of chaff this week, in the form of a release from Walmart. America’s largest retailer has announced plans to purchase $250 billion worth of American-made goods over the next decade.…
On October 16th, about 130 business leaders met at the conference facilities of AMN Healthcare in San Diego for the third “Manufacturing in the Golden State – Making California Thrive” economic summit. The summit was hosted by State Senator Mark Wyland in partnership with the Coalition for a Prosperous America and a long list of…
China Daily is promoting the comments of Cato Institute’s Bill Watson to assert that the US is abusing China in the trade relationship. Astounding! China Daily says: Bill Watson, a trade policy analyst at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, said the US sets anti-dumping duties against Chinese goods using…
For Immediate Release October 27, 2014 Contact: Trevor Kincaid [email protected] Joint Statement of the Ministers and Heads of Delegation for the Trans-Pacific Partnership Countries We, the Ministers and Heads of Delegation for Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam have completed our three-day ministerial meeting…
A decision by Congress to extend the Export-Import Bank only temporarily is raising concern among business owners who say they rely on the credit agency to lower the risks of exporting. [Reposted from The Wall Street Journal | Michael Crittenden and Adam Janofsky | October 22, 2014, 2014] Congress extended the agency’s charter through the…