Archive | Trade

Obama trade push gets thumbs down from Democrats

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Reposted from Politico ********* Obama trade push gets thumbs down from Democrats Edward-Isaac Dovere | April 24, 2014 | Politico President Barack Obama’s in Asia this week pushing a deal that almost none of his allies at home want. On the Hill, most of the pushback is coming from the…

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Japanese mercantilism in stark relief – the auto example

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It looks like we are the schmucks.  Japan is a member of the WTO and has signed quite a few trade agreements. They are a free trading nation now? Ha, ha, ha, ha.  They took the U.S. to the cleaners.  We unilaterally disarmed and they cleaned our clocks. (Yes, I mixed…

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CIA World Factbook: U.S. worst trade performance in the world

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This is from the https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html#mce_temp_url#.  The U.S. has the worst trade deficit in the world… by far. Thanks to the U.S. Trade Representative that represents U.S. producers so well.  Good job Michael Froman.  Worst trade performance in the world. RANK COUNTRY CURRENT ACCOUNT BALANCE DATE OF INFORMATION 1 Germany $…

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Elites Discover So-Called “Free Trade” Is Killing Economy, Middle Class

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Reposted from Campaign for America’s Future ***** Elites Discover So-Called “Free Trade” Is Killing Economy, Middle Class Dave Johnson  |  April 22, 2014  |  Campaign for America’s Future The New York Times editorial board finally gets it right about trade in its Sunday editorial, “This Time, Get Global Trade Right.”…

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Obama trip stirs emotions over Asia trade pact

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Reposted from Politico ***** Obama trip stirs emotions over Asia trade pact Doug Palmer  |  April 21, 2014  |  Politico President Barack Obama’s abilities as negotiator-in-chief for the United States will be put to the test this week on a trip to Asia that could set the stage for the…

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What’s Japan’s Guiltiest Secret?: (Hint) It’s Not The Comfort Women

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Reposted from Forbes ******** What’s Japan’s Guiltiest Secret?: (Hint) It’s Not The Comfort Women Eamonn Fingleton | April 20, 2014 | Forbes For anyone who follows East Asia, here’s a question: what is Japan’s guiltiest secret? The “comfort women” scandal? The Nanking massacre? Official homage to war criminals at the Yasukuni…

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DOC Secretary Pritzker Continues War on Prosperity

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Penny Pritzker is the Secretary of Commerce.  The Department of Commerce should be ground zero for a national manufacturing strategy that creates, builds and strengthens U.S. supply chains and creates jobs for U.S. workers.  Commerce should be the equivalent of Japan’s Ministry of Economy, Trade and Industry (METI) which can continuously…

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NY Times Criticizes Administration Trade Policy

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The NY Times Editorial Board questioned trade agreements in a relatively deep way today in an editorial.  They’ve gone off the reservation.  It connected trade agreements with massive job loss in manufacturing… finally.  The editorial further unravels so-called Washington Consensus on trade which says you just need to “lower trade barriers” and…

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Levin Remarks on Trade at Center for American Progress

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A Press Release from the Office of Ways and Means Committee Ranking Member Sander Levin ***** Levin Remarks on Trade at Center for American Progress April 9, 2014 The Trans-Pacific Partnership: Opportunities, Challenges, and the Role of Congress WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) today gave…

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Workers Strike at Shoe Factory Over Benefits Dispute

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Reposted from The New York Times ******** Workers Strike at Shoe Factory Over Benefits Dispute Austin Ramzy | April 17, 2014 | NY Times Tens of thousands of workers at one of the world’s largest shoe manufacturers are continuing a strike in the southern Chinese city of Dongguan in a…

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