Public sentiment in Germany – an early supporter of a US-European Union free trade agreement – is rapidly reversing, visiting Bundestag member Peer Steinbrück – a Social Democrat – suggested yesterday (World Trade Daily, 9/15/14). Mr. Steinbrück is a former minister of finance in Germany – and a strong supporter of the TransAtlantic Trade…
Elizabeth Grossman | September 24, 2014 | Mother Jones On May 6, 2014, as I read through the morning’s incoming email, a Food Safety Alert from the US Food and Drug Administration (FDA) announcing a “voluntary recall of mangos due to possible health risk” from the bacteria Listeria caught my eye. This grabbed my attention…
WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) are supporting efforts that they say will ensure that U.S. steel producers in Mississippi and other states are protected from imported steel reinforcing bar, or “rebar.” Cochran and Wicker are encouraging Meredith Broadbent, chairman of the U.S. International Trade Commission (ITC), to…
Here is a video of Rep. Sander Levin, Ranking Member, Committee on Ways and Means, U.S. House of Representatives (D-MI) in conversation with Ellen L. Frost, Adjunct Senior Fellow, East West Center; Visiting Distinguished Research Fellow, National Defense University. Please find here a report which contains the written remarks that were distributed regarding transpacific partnership and fast track…
HONG KONG — Chinese regulatory agencies announced fines totaling $46 million against Volkswagen and Chrysler on Thursday after finding them guilty of violating antitrust laws, while the government rejected accusations that multinationals were being singled out for unfair scrutiny. [Reposted from the NY Times. By Keith Bradsher and Chris Buckley, Sept. 11, 2014] The penalties…
One of CPA’s top issues is currency manipulation. Paul Volcker once said: “In five minutes, exchange rates can wipe out what it took trade negotiators ten years to accomplish.” CPA and others sent a letter to Secretary Jacob Lew and Ambassador Michael Froman last week demanding that any future trade agreements have an enforceable currency chapter. Here is…
CPA was quoted in the current edition of Time magazine. The article “Coalition of the Unwilling” focused upon surprise victory of David Brat over Eric Cantor and expanded to explore the commonalities between the left and the right on certain important issues of the day. What Brat’s victory really highlights is a quirk in our politics that…
The Office of Management and Budget (OMB) is trying to cook the books on the trade deficits. The agency is proposing a rule Apple products made in China by Foxconn may soon be reclassified as U.S. production that would include foreign factory goods production as U.S. production. Imagine some guy with an idea for a…
CPA held a briefing at the National Press Club on May 21, 2014 entitled “How Foreign Consumption Taxes Price American Businesses Out of the Export Market.” There were three presentations: Dr. Peter Morici (Univ. of MD) spoke about adding a consumption tax and drastically reducing income taxes. Burl Finklestein (CPA Board and VP of Operations, Kason Industries)…
The following is a video of the event hosted by CPA, featuring an opening statement by Senator Ben Cardin of Maryland. The event took place during the CPA 2014 Fly In, and featured presentations by Professor Michael Graetz (Columbia Alumni Professor of Tax Law, Wilbur H. Friedman Professor of Tax Law), and Joe Gagnon (Peterson…
