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Keyword: trade

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  • Ted Cruz's Protectionist Gamble

    11/24/2015 3:14:52 PM PST · by conservativejoy · 27 replies
    National Review ^ | 11/24/2015 | Elaina Plott
    On Friday, during a campaign stop in Harlan, Iowa, Ted Cruz made clear his stance on President Obama's Trans Pacific Partnership (TPP), telling a crowd of supporters that the colossal 12 nation trade accord was "deeply concerning." "There are a number of Republicans on that [debate] stage who support TPP, who support [Trade Promotion Authority (TPA)]," Cruz said, according to the Des Moines Register. "I voted against TPA, and I intend to vote against TPP." Now that the 5,594-page text of the TPP has been made public, grassroots conservatives are voicing their case against the deal, and Cruz is staking...
  • Global Trade Just Snapped: Container Freight Rates Plummet 70% In 3 Weeks

    11/21/2015 2:53:53 PM PST · by Lorianne · 51 replies
    Zero Hedge ^ | 21 November 2014 | Tyler Durden
    This market is looking like a disaster and the rates are a reflection of that," warns one of the world's largest shipbrokers, but while The Baltic Dry Freight Index gets all the headlines - having collapsed to all-time record lows this week - it is the spefics below that headline that are truly terrifying. At a time of typical seasonal strength for freight and thus global trade around the world, Reuters reports that spot rates for transporting containers from Asia to Northern Europe have crashed a stunning 70% in the last 3 weeks alone.
  • What's Actually in the Trans Pacific Partnership?

    11/20/2015 8:09:10 AM PST · by SeekAndFind · 6 replies
    American Thinker ^ | 11/20/2015 | By Howard Richman, Raymond Richman and Jesse Richman
    On November 5, the White House released the text of the 5,544 page Trans Pacific Partnership (TPP) that President Obama had just finished negotiating under the FastTrack authority that Congress gave him. That trade pact can no longer be amended. The up-or-down votes in the House and Senate will take place as early as January 2016. So what’s in the TPP? Here’s a quick summary: A legislative body superior to CongressA vehicle to pass Obama’s climate change treatyIncreased legal immigrationReduced patent protection for U.S. pharmaceuticalsQuotas on U.S. agricultural exportsIncreased currency manipulationReduced U.S. power That’s the summary. Here are the details....
  • VIDEO: Donald Trump Massive Rally in Beaumont, TX

    11/14/2015 1:24:20 PM PST · by JoeSeales · 68 replies
    Donald Trump ^ | 11-14-15 | Donald Trump
    November 14, 2015: GOP Presidential candidate and front-runner Donald Trump spoke to thousands at a rally in Beaumont, TX at the Ford Park Arena. Trump spent the majority of the time talking about immigration...
  • China Goes West Shopping for Assets as Xi Transforms Economy

    11/13/2015 9:15:38 AM PST · by entropy12 · 8 replies
    finance.yahoo ^ | 2 hours ago 11/13/15 | Vinicy Chan
    Chinese companies are going on their biggest global spending spree ever, with a marked change in strategy from buying resources to hunting for manufacturing expertise and financial companies as economic growth slows. With China National Chemical Corp.’s 41.7 billion franc ($41.6 billion) bid for Syngenta AG, the nation’s companies and tycoons have proposed $128.3 billion of acquisitions outside the country this year, up 185 percent from the same period in 2014, according to data compiled by Bloomberg. ChemChina is in talks to buy the Swiss pesticide maker, according to people familiar with the matter, in what would be the biggest...
  • Campaign Mgr on TPP: Trump Committed to Bilateral Renegotiations <tr>

    11/11/2015 10:26:41 AM PST · by RoosterRedux · 38 replies
    Breitbart ^ | Tony Lee
    On Wednesday's Breitbart News Daily on Sirius XM Patriot channel 125, Donald Trump's campaign manager said Trump is committed to renegotiating the Trans-Pacific Partnership (TPP) agreement with the 11 nations and then honoring the Constitution by getting two-thirds of the Senate to approve those bilateral agreements. He added that Trump is the only candidate in the race who can cut good deals on behalf of the American people. During Tuesday night's debate, Trump said that TPP was "a horrible deal" that "is going to lead to nothing but trouble" and he would rather make "individual deals with individual countries." "This...
  • Trump doubles down on debate claim: ‘Wages are too high’

    11/11/2015 10:38:30 AM PST · by GIdget2004 · 92 replies
    The Hill ^ | 11/11/2015 | Ben Kamisar
    Donald Trump on Wednesday doubled down on his argument that American wages are “too high” after making a similar claim during Tuesday night’s GOP presidential debate. “We have to become competitive with the world. Our taxes are too high, our wages are too high, everything is too high,” he said Wednesday morning during an interview on MSNBC’s “Morning Joe.” “What's going to happen is now people are going to start firing people.” Trump’s comments came when asked about the minimum wage, which he explained during Tuesday night’s debate on Fox Business News and reiterated on Wednesday. He said both times...
  • OOPS: Donald Trump -- not exactly an expert on TPP

    11/11/2015 12:26:56 AM PST · by Cincinatus' Wife · 152 replies
    The Washington Examiner ^ | November 11, 2015 | staff
    During last night's Republican presidential debate, the Wall Street Journal's Gerard Baker made a critical mistake: He tried to pin Donald Trump down on policy specifics. In this case, it was about trade policy, a subject about which Trump evidently knows very little. Baker asked the billionaire "which particular parts" of the pending Trans-Pacific Partnership free trade deal he objected to. If he were familiar with the deal, Trump could have raised any of several issues. Instead, he continued with the same word salad about China that he has been issuing forth since long before the TPP had been negotiated...
  • Donald Trump Releases America First Policy Statement On U.S. Trade Deals….

    11/10/2015 10:12:16 PM PST · by sheikdetailfeather · 7 replies
    The Conservative Treehouse ^ | 11-10-2015 | sundance
    The currently considered TPP (Trans-Pacific Partnership) trade deal has the potential to be the fulcrum under every plank in the 2016 presidential election. Many people view immigration as the #1 concern underlying further economic issues – however, few people recognize that immigration is actually part of the TPP construct. Globalists, via Wall Street international financiers, are determined to get TPP passed into law. Few of the GOP candidates stand in the way; Donald Trump is the primary roadblock to the current globalist goals.
  • Donald Trump Releases Trade Plan: ‘China Will Be On Notice

    11/10/2015 11:34:31 AM PST · by MichelleWSC3 · 106 replies
    Brietbart ^ | 11-10-15 | Matthew Boyle
    MILWAUKEE, Wisconsin — GOP frontrunner Donald Trump is releasing his policy plan to protect American workers and businesses from China’s destructive currency manipulation and financial policies. The move hints he’s planning to come out guns-a-blazing on trade policies at the Fox Business Network debate here in Milwaukee on Tuesday evening. The hallmark of the plan is a tough guy approach only Trump can pull off with regard to dealing with China. Titled, “Reforming The U.S.-China Trade Relationship To Make America Great Again,” the plan opens with an explanation of what Trump says caused America to start getting beat by China...
  • Exclusive-Donald Trump: Obama's Trans-Pacific Free-Trade Deal is 'Insanity'

    11/09/2015 2:33:27 PM PST · by conservativejoy · 29 replies
    Breitbart ^ | 11/9/2015 | Matthew Boyle
    GOP frontrunner Donald Trump lambasted the permanent political class for supporting the Trans Pacific Partnership free trade deal, in an exclusive interview with Breitbart News ahead of the next debate. 'The deal is insanity,' he said. 'That deal should not be supported and it should not be allowed to happen.' The 5,544-page deal is far too long to be understood, said Trump. 'Nobody understands it,' he said. The 'Obamatrade' deal is longer than Obamacare plus the 2013 amnesty bill, authored by 2016 candidate Sen. Marco Rubio (R-FL)80% and Democratic leader Sen. Chuck Schumer (D-NY). 'The deal is so bad because...
  • Progressives revolt against Obama's 'job-killing' trade pact and Sanders pledges to do everything...

    11/06/2015 5:12:46 PM PST · by Libloather · 24 replies
    Daily Mail ^ | 11/05/15 | Francesca Chambers
    It's 'worse than anything we could've imagined': Progressives revolt against Obama's 'job-killing' trade pact and Sanders pledges to do everything he can to defeat it Progressives are in an uproar over the text of President Barack Obama's trade pact, the Trans-Pacific Partnership, which finally became public today. Left-wing group Democracy for America was among the first of the organizations traditionally aligned with Obama but enraged over the trade agreement to proclaim that the 'job-killing TPP is worse than anything we could've imagined.' Friends of the Earth claimed Obama 'sold the American people a false bill of goods.' Democratic presidential candidate...
  • Donald Trump is talking nonsense on trade (No CNN, Donald Trump is 100% right on trade)

    11/05/2015 11:39:11 PM PST · by Cringing Negativism Network · 22 replies
    CNN ^ | November 5, 2015 | By Heather Long
    Donald Trump likes to remind America that he's a master dealmaker. "I'm going to make the greatest trade deals we've ever made in our country," he proclaims in his new radio ads. But experts say Trump is talking a lot of nonsense on trade. It isn't backed up by the data. "[Trump] wants to convey as a presidential candidate that any deal that he was not involved with... is by definition an inferior deal because he didn't play a role," says Bernard Baumohl, chief economist at the Economic Outlook Group. (full article) http://money.cnn.com/2015/11/05/news/economy/donald-trump-trade-nonsense/index.html
  • Obamatrade condemned by both left, right: It's obvious why it was kept in total secrecy for so long

    11/05/2015 10:19:10 PM PST · by Perseverando · 64 replies
    WND ^ | November 5, 2015 | Jerome R. Corsi
    President Obama addresses workers (White House photo) UNITED NATIONS – The Obama administration’s release Thursday of the more than 2,000 pages of the text of the Trans-Pacific Partnership agreement, known more commonly as Obamatrade, has prompted a rash of criticism from both the political left and the right. Critics charge the pact undermines U.S. sovereignty by establishing a secret, unaccountable TransPacific Partnership Commission with sweeping regulatory powers over 40 percent of the world’s economy while sending jobs abroad. “This trade agreement would allow foreign corporations to challenge our health, safety and environmental protections in a foreign tribunal outside our...
  • Mariners, Rays Swap Miller, Morrison, Farquhar For Karns

    11/05/2015 8:35:03 PM PST · by TBP · 12 replies
    MLB Trade Rumors ^ | 11/5/15 | Jeff Todd
    The Mariners and Rays have announced a three-for-three trade that sends infielder/outfielder Brad Miller, first baseman Logan Morrison, and reliever Danny Farquhar from Seattle to Tampa in exchange for righty Nate Karns, lefty C.J. Riefenhauser, and minor league outfielder Boog Powell. With the trade, new Mariners GM Jerry Dipoto has made a striking first major move. The key piece, of course, is the 27-year-old Karns, who put up a solid 147-inning campaign last year, working to a 3.67 ERA with 8.9 K/9 and 3.4 BB/9. He’ll bring ample, cheap control with him to the Mariners, even if he regresses (and/or...
  • White House releases text of Trans-Pacific Partnership trade deal

    11/05/2015 3:33:55 AM PST · by GIdget2004 · 9 replies
    The Hill ^ | 11/05/2015 | Vicki Needham
    The much-anticipated release of the final text of a sweeping Asia-Pacific trade agreement became a reality on Thursday morning, kicking off what is expected to amount to months of intensive debate on Capitol Hill. The U.S. Trade Representative’s office dropped the details of the massive 12-nation Trans-Pacific Partnership (TPP) deal — 30 chapters and more than 2,000 pages — exactly one month since the agreement was completed on Oct. 5 in Atlanta.  The text of the TPP deal will be under congressional and the broader public’s microscope for at least 90 days before President Obama can sign the agreement...
  • TPP May Not Pass Due to Anti-Free Trade Provisions That Lack GOP Support

    11/03/2015 10:49:44 AM PST · by conservativejoy · 27 replies
    Washington Free Beacon ^ | 11/3/2015 | Ali Meyer
    Tobacco, rice, dairy provisions cause Republican dissent. More than twenty Republican members of Congress have said that anti free trade provisions within the Trans-Pacific Partnership (TPP) are holding them back from supporting it, and without their support the deal may not pass. Several of those members have sent letters to President Obamas lead adviser on trade, Michael Froman, regarding these concerns. While TPP is intended to reduce tariffs, quotas, and trade barriers for thousands of products, some Republican members of Congress are concerned about a carve-out proposal for tobacco that they say will establish a dangerous new precedent. Critics say...
  • New named pipe found at Jamestown

    11/01/2015 11:04:00 PM PST · by Brad from Tennessee · 21 replies
    History Blog ^ | October 31, 2015
    Archaeologists at Historic Jamestown have discovered the tenth Virginia-made pipe with a name inscribed on the stem. It’s the first new named pipe found at the site since 2009, and in contrast to most of the earlier discoveries, the name is complete: William Faldo. The stockholders of the Virginia Company were expecting to make a quick profit from their investment in the Jamestown settlement, but the struggling colonists could barely keep themselves alive, never mind send back the riches in minerals and trade goods the company had envisioned. They weren’t even self-sufficient, having clashed with the Powhatan tribes weeks after...
  • With anti-trade message, Trump targets 'Reagan Democrats'

    10/31/2015 9:18:31 AM PDT · by BlackFemaleArmyCaptain · 94 replies
    Yahoo ^ | 10/31/2015 | James Oliphant
    To hear Donald Trump tell it, blue-collar workers here are suffering as much as ever, their livelihoods endangered by the familiar combination of foreign competition and U.S. companies eager to hold down labor costs. It's Trump's mantra. He repeats it again and again at campaign stops like the one he made here last week. A leading contender for the Republican presidential nomination, Trump has made the health of the U.S. manufacturing a cornerstone of his insurgent campaign. In doing so, Trump is targeting a big pool of potential voters among disaffected blue-collar workers, even if it means alienating the business...
  • US Threatens UK With Trade Barriers If It Leaves The European Union

    10/29/2015 2:33:04 PM PDT · by amorphous · 27 replies
    Zero Hedge ^ | October 29, 2015 | Tyler
    One of the most important decisions Brits have to make before the end of 2017 (most likely some time next year) is whether or not to remain in the European Union, and while recent polls have those willing to stay in as the majority, there has been a spike in support for leaving the bloc which coupled with Europe's refugee crisis has made a Brexit an all too possible outcome. Which probably explains why the U.S., confident it sill has veto power over democracies anywhere in the world, has just made it quite clear to UK's citizens which way they...
  • China communist party paper says country should join U.S.-led trade pact

    10/25/2015 7:09:46 AM PDT · by WhiskeyX · 5 replies
    Reuters ^ | Sat Oct 24, 2015 11:08pm EDT | Reporting by Ben Blanchard; Editing by Jacqueline Wong
    China should join at an appropriate time the U.S.-backed regional trade accord the Trans-Pacific Partnership (TPP) as its broad aims are in line with China's own economic reform agenda, an influential Communist Party newspaper said on Sunday. China is not among the 12 Pacific Rim countries who earlier this month agreed the trade pact, the most ambitious in a generation. The accord includes Australia and Japan among economies worth a combined $28 trillion.
  • Global Trade Is Collapsing As The Worldwide Economic Recession Deepens

    10/20/2015 11:08:42 AM PDT · by Perseverando · 10 replies
    The Economic Collapse ^ | October 19, 2015 | Michael Snyder
    When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down. It is just basic economics. Governments around the world have become very adept at manipulating other measures of economic activity such as GDP, but the trade numbers are more difficult to fudge. Today, China accounts for more global trade than anyone else on the entire planet, and we have just learned that Chinese exports and Chinese imports...
  • Trans-Pacific Partnership Deal Reached! Now What?

    10/08/2015 8:15:57 PM PDT · by Tolerance Sucks Rocks · 16 replies
    Cato @ Liberty ^ | October 5, 2015 | Daniel J. Ikenson
    After six years of negotiations, a final Trans-Pacific Partnership agreement has been reached in Atlanta.  Check your pacemakers, trade policy wonks. This is about as exciting as it gets in our world.First, congratulations are in order for the TPP negotiators, who worked extremely hard over the past several years in an environment of profound public skepticism – much of it driven by pervasive scaremongering – to arrive at this moment. Reaching accord on a broad array of subjects between 12 countries at different levels of economic development with disparate policy objectives is not a task for the faint of heart.Second, there...
  • China's Little-Noted Rage Against TPP

    10/08/2015 4:29:12 AM PDT · by expat_panama · 17 replies
    Investors Busniness Daily ^ | 10/07/2015 | Editorial
    Free Trade: As U.S. demagogues and presidential candidates bluster against the Trans-Pacific Partnership trade pact as a boon to China, the very same China, in a far colder fury, is sharpening its claws in a bid to kill it. The irony of this disconnect is incredible. About the same time presidential candidate Donald Trump was condemning the just-negotiated 12-nation TPP as "terrible" on Fox News because China might some day be able to join it, the South China Morning Post changed the banner headline on its website to: "It's not checkmate yet: Beijing to counter US-led Trans-Pacific Partnership trade pact."...
  • What No One Seems to Know About Ted Cruzs Past

    10/07/2015 8:22:07 PM PDT · by Impala64ssa · 50 replies
    PJ Media ^ | 9/30/15 | Asheesh Agarwal and John Delacourt
    Cruz was once a director at the Federal Trade Commission. He had a remarkable record of convincing Democrats to vote for conservative principles. In his first significant leadership role as president of the Screen Actors Guild Ronald Reagan fought communist influence in Hollywood and prevailed in a tough contract negotiation. In his first command as a captain during the Black Hawk War Abraham Lincoln overruled his men to prevent the execution of a suspected Potawotami spy. To win his first congressional race, Richard Nixon disingenuously linked his opponent to communist sympathizers, the start of a pattern...
  • Hillary Clinton breaks with Obama, announces opposition to Pacific trade deal

    10/07/2015 1:56:41 PM PDT · by 100American · 12 replies
    Former Secretary of State Hillary Rodham Clinton continued her tack to the left Wednesday, declaring her opposition to President Obamas Pacific trade deal. Mrs. Clinton announced her opposition to the Trans-Pacific Partnership in an interview with Judy Woodruff for PBSs NewsHour program. What I know about it, as of today, I am not in favor of what I have learned about it, Mrs. Clinton said. The former first lady acknowledged that her response had some lawyerly caveats about not having seen every jot and tittle of the pact, but said she doubted she could change her mind. I dont believe...
  • Company Stampede to Southeast Asia Seen on Trade Pact[TPP]

    10/07/2015 10:19:00 AM PDT · by Theoria · 11 replies
    WSJ ^ | 07 Oct 2015 | Jake Maxwell Watts, Kathy Chu and Celine Fernandez
    Vietnam and Malaysia growth depends heavily on external trade Even before the ink is dry on the Trans-Pacific Partnership trade deal, companies are laying out plans to expand in Vietnam and Malaysia, both rapidly developing Asian nations whose growth depends heavily on external trade.Manufacturers of apparel, rubber gloves and bikes are among those considering increasing production in the Southeast Asian countries to capitalize on export growth expected from the accord, which sweeps away tariffs to markets including the U.S., the worlds biggest economy.The mammoth trade agreement is seen as a game-changer for these national economies, according to an analysis by...
  • Top GDP Growth Rates in U.S. History

    10/07/2015 6:18:14 AM PDT · by NaturalBornConservative · 18 replies
    Natural Born Conservative ^ | October 7, 2015 | Larry Walker II
    Trumps Dynamic Growth PoliciesBy: Larry Walker, IIIn an October 4, 2015 interview on Meet the Press, Donald Trump was asked which government programs he will cut so his tax reduction plan wont blow a hole in the deficit.Trumps first response described how we are going to save a lot in administrative costs by exempting millions of Americans from filing income tax returns. Under his plan, single individuals making under $25,000 and couples making less than $50,000 will not owe any income tax, and will thus not be required to file tax returns. This totally makes sense to me, as I...
  • Trans-Pacific Partnership Deal Faces Populist Backlash

    10/06/2015 5:44:46 AM PDT · by expat_panama · 33 replies
    Investors Busniness Daily ^ | 10/05/2015 | JED GRAHAM
    The biggest trade agreement since NAFTA has run into the most populist presidential campaign in memory. It's a sure bet that sparks will fly. What's not clear is when the 12-nation Trans-Pacific Partnership linking 40% of global GDP and 800 million consumers will come to a vote in Congress it might have to wait until after the election much less whether it will pass. After five years of negotiations, trade officials sealed the deal in Atlanta on Monday, but the reception wasn't exactly celebratory. Populism Rises On Left, Right Trade ministers from the twelve Trans-Pacific Partnership member countries...
  • Trump Declares War On Obamatrade: Time To Send A Real Businessman To White House To End This

    10/05/2015 4:14:10 PM PDT · by 2ndDivisionVet · 14 replies
    Breitbart's Big Government ^ | October 5, 2015 | Matthew Boyle
    GOP frontrunner Donald Trump is hammering President Barack Obama, his administration and Congress for completely failing the American worker when it comes to trade policywhacking the Trans Pacific Partnership (TPP) trade pact with 12 Pacific Rim nations that the Obama just finalized in Atlanta as a deal that jeopardizes U.S. jobs. The incompetence and dishonesty of the President, his administration andperhaps most disturbingthe Congress of the United States are about to place American jobs and the very livelihoods of Americans at risk, Trump tells Breitbart News in an exclusive statement reacting to the news that the president and his negotiators...
  • Trade ministers reached a landmark agreement on a deal thats a cornerstone of Obamas legacy

    10/05/2015 8:03:03 AM PDT · by SeekAndFind · 5 replies
    Business Insider via Reuters ^ | 10/05/2015 | Krista Hughes and Kevin Krolicki, Reuters
    Pacific trade ministers have reached a deal on the most sweeping trade liberalization pact in a generation that will cut trade barriers and set common standards for 12 countries, an official familiar with the talks said on Monday. Leaders from a dozen Pacific Rim nations are poised to announce the pact later on Monday. The deal could reshape industries and influence everything from the price of cheese to the cost of cancer treatments. The Trans-Pacific Partnership would affect 40 percent of the world economy and would stand as a legacy-defining achievement for U.S. President Barack Obama, if it is ratified...
  • Netanyahu: Nazis Also Labeled Jewish Products (to European Parliament)

    09/11/2015 1:00:58 PM PDT · by Olog-hai · 18 replies
    INN ^ | 9/10/2015, 9:59 PM | Tova Dvorin
    Prime Minister Binyamin Netanyahu denounced the European Parliaments decision to label products from the Golan Heights, Judea and Samaria (Shomron) as settlement products on Thursday, stating that the move only hinders efforts for Middle East peace. This is unjust, he stated. It is simply a distortion of justice and of logic and I think that it also hurts peace; it does not advance peace. The root of the conflict is not the territories, and the root of the conflict is not the settlements, he warned. We have historical memory of what happened when Europe labeled Jewish products.
  • 30-Year Trade Deficit with Mexico

    09/19/2015 12:26:51 PM PDT · by NaturalBornConservative · 22 replies
    Natural Born Conservative ^ | September 19, 2015 | Larry Walker II
    Trump Nails It- By: Larry Walker II -Last year our trade deficit with Mexico totaled $53.8 billion, and is projected to end about the same in 2015. When the last three decades are summed, we find that the United States 30-year trade deficit with Mexico amounts to $910.2 billion. Although this has been great for Mexico, it hasnt been so great for the United States. Looking back over the last 30 years, we find that the United States actually ran trade surpluses with Mexico in 1991 through 1994, and then came the North Atlantic Free Trade Agreement (NAFTA - 1994)....
  • Trump Shouldnt Blame Oreos - Its Government and Unions Fault

    09/16/2015 10:18:44 AM PDT · by Kaslin · 147 replies
    Townhall.com ^ | September 16, 2015 | Seton Motley
    The Donald Trump presidential phenomenon rolls on. Higher and higher his primary polls climb. Hes caught the irretrievably corrupt Hillary Clinton in a prospective general election matchup. The DC Establishment - made up of both Democrats and Republicans - for decades ignored our immigration laws. And dismissed and impugned, misunderstood or altogether missed the growing fervor for someone who would simply enforce our laws - and not slander those who want them enforced. Trump correctly identified all of this - and embraced it. How high and far can Trump go? Where he stops - no one yet knows. We do...
  • PAUL RYAN WRONG--JEFF SESSIONS RIGHT--secret immigration component in Obama's trade-deal

    09/14/2015 5:11:22 PM PDT · by Liz · 31 replies
    breitbart.com ^ | 9/14/15 | BREITBART NEWS
    The US Trade Representative (USTR) responding to a FOIA request filed Sept 10th, according to TechDirt.com, reveals the pending Trans Pacific Partnership (TPP) trade deal, has a chapter relating to immigration: Temporary Entry for Business Persons. Immigration watchdog, Sen. Jeff Sessions (R-AL), warned about this....as the White House denied any immigration clause existed throughout the push for fast-track trade authority Obama obtained through Congresss passage of the Trade Promotion Authority (TPA) a fact now revealed to be false. Breitbart News previously reported, via documents from WikiLeaks, that tan entire chapter roughly ten pages was dedicated...

    09/11/2015 5:27:02 PM PDT · by BlackFemaleArmyCaptain · 195 replies
    breitbart ^ | 11 Sep 2015 | BREITBART NEWS
    So you think Donald Trumps demagoguery on immigration has created problems for the other GOP candidates? Well, another very ripe opportunity for Trump to make his GOP rivals even more miserable may be lurking right around the corner, and it could expose the same sort of schism between GOP elites and GOP voters that Trumps forays into immigration policy have. Im talking about the massive global trade deal called the Trans-Pacific Partnership. Some time in the next six months in late 2015 or in early 2016 the participating nations may finally reach a deal on the TPP. That...
  • China Slowdown Hits U.S. Factories, Tests Feds Resolve [U.S. MANUFACTURING HIT BY FALLING EXPORTS]

    09/02/2015 4:17:17 AM PDT · by expat_panama · 29 replies
    Investors Busniness Daily ^ | 09/01/2015 | ANDREA RIQUIER
    Manufacturing indexes hit multiyear lows in the U.S. and China, exacerbating global growth concerns and roiling markets again as the Federal Reserve enters the home stretch toward deciding whether to raise interest rates for the first time in nearly a decade. The S&P 500 fell 3% Tuesday, dashing hopes that the market had stabilized after plunging early last week. Official data from China showed a factory sector in contraction for the first time since the winter and at its lowest in three years fresh evidence that the world's No. 2 economy is downshifting much faster than the government...
  • GOP LEADERSHIPS INSTRUCTIONS FOR SUMMER TOWNHALLS: Ignore Voters on Illegal Immigration and Trade

    08/28/2015 9:45:21 PM PDT · by 2ndDivisionVet · 22 replies
    Doug Ross @ Journal ^ | August 28, 2015 | Julia Hahn
    Republican legislators have gotten their messaging instructions from their top leaders: Tout unpopular free-trade measures during the August recess, ignore popular curbs on the migration that saps Americans wages. Breitbart News has exclusively obtained an internal August recess messaging instruction set for Republican legislators produced by Sen. John Thune (R-SD), who orchestrates the GOP Senators PR pitch. This 20-page messaging instruction manual seems to confirm prior reports by Breitbart News that Republican Congressional leadership has no plans to enact popular immigration reforms to curb large-scale migration. Each August, Senators and Congressmen return home to listen to constituents concerns and to...
  • The Venerable History of Protectionism

    08/27/2015 8:54:45 AM PDT · by sunrise_sunset · 18 replies
    NY Times ^ | 2008 | Robert E. Lighthizer
    "Reagan often broke with free-trade dogma. He arranged for voluntary restraint agreements to limit imports of automobiles and steel (an industry whose interests, by the way, I have represented). He provided temporary import relief for Harley-Davidson. He limited imports of sugar and textiles. His administration pushed for the "Plaza accord" of 1985, an agreement that made Japanese imports more expensive by raising the value of the yen."
  • Is Donald Trump a 21st-Century Protectionist Herbert Hoover?

    08/27/2015 6:51:48 AM PDT · by SeekAndFind · 107 replies
    National Review ^ | 08/27/2015 | by STEPHEN MOORE & LARRY KUDLOW
    Heres a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover. Obviously, Hoovers economic strategy didnt turn out so well either for the nation or for the GOP. Does Trump aspire to be a 21st-century Hoover, with a modernized platform of the 1930 Smoot-Hawley tariff, which collapsed the banking system and helped send the U.S. and the world economy into a decade-long depression? We cant help wondering whether the recent panic in world financial markets is in part a result of...
  • Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks

    08/23/2015 9:45:03 PM PDT · by Perseverando · 9 replies
    Zero Hedge ^ | August 23, 2015 | Tyler Durden
    Three weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100. That is no longer the case, and just as with everything else in recent months, the Baltic Dry dead cat bounce is now over, with the BDIY topping out...
  • Trump: Carl Icahn Could Turn U.S. Trade Deals Around

    08/20/2015 10:48:04 AM PDT · by SeekAndFind · 4 replies
    Fox Business ^ | 08/20/2015 | By Suzanne O'Halloran
    Activist investor Carl Icahn has made billions of dollars pushing companies such as Apple and Yahoo to do more for their shareholders. His style and success are not lost on GOP hopeful Donald Trump who says he would tap Icahn to improve U.S. trade deals if elected. I said, Carl, you're great at this. I'm great at this. We have -- there aren't too many of us. We need to bring our country back. Our trade deals are so bad." Trump, who made these remarks on FOX Business Networks Mornings With Maria, also called out the countries that are winning...
  • What Donald Trump Doesnt Know about U.S. Trade

    08/19/2015 6:42:03 AM PDT · by SeekAndFind · 86 replies
    National Review ^ | 08/19/2015 | Kevin D. Williamson
    A great deal of Donald Trumps silly and illiterate trade talk presupposes the gutting or repeal of NAFTA, the trade accord between the United States, Canada, and Mexico that went into effect in 1994, with his dreams of punitive sanctions and blockades. Indeed, NAFTA is a favorite whipping boy for populists Left and Right, a reminder that populist conservatives have much more in common with populist progressives such as Senator Bernie Sanders than they do with the political tendency that connects Adam Smith to F. A. Hayek and Ronald Reagan. Trump fancies himself an ace negotiator, a skill that he...
  • Democrat Vows To Block Key Nomination Over Asia Trade Deal Secrecy[TPP]

    08/15/2015 9:45:24 AM PDT · by Theoria · 14 replies
    NPR ^ | 14 Aug 2015 | Brakkton Booker
    Sen. Sherrod Brown announced Friday he is going to block the confirmation of a high-level White House nominee, because of the Obama administration's refusal to relax its secrecy protocols that make it difficult for members of Congress and their staffs to review the language in a Pacific Rim trade deal.Brown, a Democrat from Ohio, told NPR it was "outrageous" that congressional staff members with the proper security clearances can view the Trans-Pacific Partnership draft only when a member of Congress accompanies them. As NPR's Ailsa Chang reported in May, the document is stored in a highly secure room in the...
  • Donald Trump Distinguishes Himself from GOP Field on Trade

    08/12/2015 6:35:35 PM PDT · by E. Pluribus Unum · 36 replies
    Breitbart ^ | 08/12/2015 | Julia Hahn
    As Donald Trump continues to surge in thepolls, a staple of Trumps campaign rhetoric remains his emphasis on bringing manufacturing jobs back to the United States and confronting foreign competitors like China and Mexico over their unfair trading practices. For instance, in an interview with Sean Hannity TuesdaynightTrump said: We have to bring back our jobs back from China. As an example, we have to bring manufacturing back. You look at Japan with the boats that come in pouring in with carsyou know what we send Japan? We send them beef. We send them wheat, we send them corn
  • Democrat lauds Trump for slamming China

    08/12/2015 10:29:41 AM PDT · by DannyTN · 17 replies
    The Hill ^ | 08/12/15 10:13 AM EDT | Vicki Needham
    A Michigan Democrat is agreeing with Donald Trumps take on China and the U.S. economy. Rep. Debbie Dingell (D-Mich.) says the GOP presidential front-runner is spot on in slamming Chinas devaluation of its currency. Countries like China that cheat and don't play by the rules hurt good paying American jobs like the ones we have right here in Michigan in the auto industry, and it needs to stop, Dingell said in a statement. ...
  • Arizona, Mexico agreement extends I-11 to Mexico City

    08/06/2015 6:56:29 AM PDT · by Tolerance Sucks Rocks · 13 replies
    Phoenix Business Journal ^ | June 15, 2015 | Eric Jay Toll
    Interstate 11 is getting another boost with execution of a memorandum of understanding between Arizona and Mexico. One of the four international cooperation agreements to be signed by Gov. Doug Ducey and the Mexican Secretary of Foreign Affairs Jose Antonio Meade extends I-11 from Nogales into Mexico to Hermosillo and Mexico City. The international commerce corridor MOU grew out of a conversation between Arizona business leaders, Ducey and Mexican billionaire Carlos Slim at the Phoenix Business Journals Global Market Discovery series earlier this year. People on the Move Victor Foggie Victor Foggie Big Brothers Big Sisters of Central Arizona Brian...
  • Donald Trumps fairy tale economics is bad for his party and terrible for America

    07/30/2015 3:46:16 AM PDT · by 2ndDivisionVet · 54 replies
    London's City A.M. ^ | July 28, 2015 | Ryan Bourne, head of public policy at the Institute of Economic Affairs.
    The Republican Party must be tearing its hair out. For years, visitors from the US have extolled the strength of the partys potential Presidential candidates for 2016. The pack is certainly more impressive than in 2012 and, with the exception of one or two candidates, they are ostensibly advocates of relatively free market policies. In a campaign against an unlikeable Hillary Clinton, many conservatives were quietly confident of victory in 2016. But all these voices are being drowned out by the brash businessman and property magnate Donald Trump. Despite widespread criticism for his remarks about rapist illegal Mexican immigrants, Trump...
  • Donald Trump vs. Smoot-Hawley's Ghost [Protectionism Fear Mongering Cripples GOP]

    07/23/2015 6:02:37 AM PDT · by Moseley · 6 replies
    Fairfax Free Citizen ^ | July 23, 2015 | Jonathon Moseley
    Donald Trumps candidacy raises more urgent issues than the Donalds sometimes poor choice of words: Trump has sparked a less-noticed but far more important debate about the future of our nations economy, the sustainability of American life, jobs, and a decent salary for Americans. This ultimately fuels the economic strength of the United States that makes it possible to defend our nation and its people. Its about Smoot-Hawley. I am talking about the myth, the ghost, the coat hanging on the back of the door that looks like a monster in the dark, the nightmare that makes uninformed and gutless...
  • Trumpism: The Ideology

    07/18/2015 3:31:04 AM PDT · by 2ndDivisionVet · 95 replies
    Its not too interesting to say that Donald Trump is a nationalist and aspiring despot who is manipulating bourgeois resentment, nativism, and ignorance to feed his power lust. Its uninteresting because it is obviously true. Its so true that stating it sounds more like an observation than a criticism. I just heard Trump speak live. It was an awesome experience, like an interwar sance of once-powerful dictators who inspired multitudes, drove countries into the ground, and died grim deaths. His speech at FreedomFest lasted a full hour, and I consider myself fortunate for having heard it. It was a magnificent...