For the past decade, U.S. government officials have been pleading with China to shift its economy from investment in manufacturing capacity and exports to domestic consumption. It has asked that China stop manipulating the value of its currency. It has asked that it open its markets to U.S. service providers in health care and finance.…
(WASHINGTON) — China and “one or two” other countries are capable of mounting cyberattacks that would shut down the electric grid and other critical systems in parts of the United States, according to Adm. Michael Rogers, director of the National Security Agency and head of U.S. Cyber Command. [Reposted from Time Magazine | AP/Ken Dilanian …
Latest News on COOL: The US has filed a Notice of Appeal with the World Trade Organization (WTO) on November 28, 2014. This is an appeal of a recent WTO tribunal decision meddling in our domestic laws on food labeling. Few believed that when we joined the WTO that international tribunals would use this treaty…
A California federal district court judge recently provided some clarity on the apparent disparity between California’s “Made in the USA” law and the standard set forth by the Federal Trade Commission. [by Lauren Shoor | October 30, 2014 | Consumer Products Law Blog] The Southern District Court of California’s recent decision in Paz v.…
[by Bill Gertz | November 26, 2014 | Washington Times] William A. Reinsch, former undersecretary of commerce for export administration under President Bill Clinton, offered a surprising mea culpa in the latest annual report by the U.S.- China Economic and Security Review Commission made public earlier this month. Once among the more dovish U.S. officials…
[Benjamin Zhang | November 28, 2014 | Business Insider] Range Rover’s Evoque crossover SUV has been one of the company’s most popular offerings. Suffice to say, the people at Jaguar Land Rover (Range Rover’s parent company) were not happy when a Chinese car company unveiled a remarkably similar knock-off. Called the Landwind X7, the Evoque…
“60 Minutes” ran a report Sunday, “Falling apart: America’s neglected infrastructure,” describing the seriousness and damage to the economy caused by our country’s crumbling infrastructure. [Reposted from the Campaign for America’s Future blog | Dave Johnson | November 25, 2014] Here are a few choice quotes, but really you should click through and watch the…
The following is a summary of a new report written by Ernest Preeg and released by the Manufacturers Alliance for Productivity and Innovation (MAPI). Highlights: –The U.S. trade deficit in manufactures rose $13 billion in the third quarter from 2013, and is headed toward a $50 billion increase for the year, which equates…
The following is a synopsis of a study on the TTIP. Click here to access the complete study. According to its proponents, the Trans-Atlantic Trade and Investment Partnership will stimulate growth in Europe and in the US. Projections endorsed by the European Commission point to positive, although negligible, gains in terms of GDP and personal…
Monday the U.S. Commerce Department said it appears that Chinese-made passenger car and light truck tires are subsidized by the Chinese government and are being “dumped” here, below cost. Because of this they will impose punitive tariffs ranging from 17.7% to 81.3%. This finding will be reviewed next year. [Reposted from the Campaign for America’s…
