Keyword: trade

Brevity: Headers | « Text »
  • US election: For the cynical, of the cynical

    09/23/2016 12:37:29 PM PDT · by Jyotishi · 4 replies
    The Pioneer ^ | Saturday, September 24, 2016 | Ashok Malik
    Bruce Stokes of the Pew Research Center based in Washington, DC, was in Delhi for a series of talks. He presented results of opinion polls that offer an interesting insight into the contemporary American mind Every leap year, the United States presidential election becomes the most watched such event in the world. The quantum of coverage only grows with each successive election, as media and social media capacities expand worldwide. Yet, this year the election has acquired a special significance due to a mix of factors. First, there are the compelling personalities -- in their own ways, Donald Trump and...
  • Robert J. Samuelson: The Last Days Of Free Trade?

    09/22/2016 3:38:26 AM PDT · by expat_panama · 60 replies
    Investors Business Daily ^ | September 21, 2016 | ROBERT J. SAMUELSON
    Guess what? A President Trump could adopt his new trade agenda without any authorization from Congress -- and this could trigger a global trade war and a deep U.S. recession. Policies that promise to make us stronger economically could do the opposite. That's the main take-away of a study... ...Trump could implement most of his proposals, which repudiate decades of pro-trade policies, by executive order. So contends Peterson's Gary Hufbauer after a review of trade laws. Over the past century, Hufbauer says, Congress has passed many laws that "authorize the president to impose tariffs...... ...Trump's bluster may simply be a...
  • Blame for Ford’s Mexico Move Falls On Obama Administration

    09/20/2016 1:56:30 PM PDT · by Kaslin · 56 replies
    Townhall.com ^ | September 20, 2016 | Marita Noon
    Ford Motor Company made headlines on Wednesday, September 9, when, during an investor conference, CEO Mark Fields told attendees that it will invest $1.6 billion building a manufacturing plant in San Luis Potosi, Mexico, and will move all of its small car production there during the next two to three years. The announcement was hardly news as Ford has been talking about the shift for more than a year. But in the throes of an election that has both candidates decrying companies that send jobs to low-wage countries, the decision was an invitation for attention. The next day, during a...
  • Bill Clinton: Don’t blame NAFTA, blame activist investors

    09/20/2016 11:09:44 AM PDT · by NormsRevenge · 23 replies
    Yahoo Finance ^ | 9/20/16 | [CNBC] Christine Wang
    <p>Bill Clinton told CNBC on Tuesday that activist investors, rather than trade deals, are partially at fault for U.S. corporations moving operations out into Mexico.</p> <p>GOP presidential hopeful Donald Trump has called for "economic independence" and blamed globalization for "totally" wiping out the American middle class. Trump has previously called NAFTA "the worst trade deal in history" and blamed Bill and Hillary Clinton for endorsing it.</p>
  • Obama enlists GOP's Kasich to push for TPP trade deal

    09/16/2016 5:13:21 PM PDT · by rockinqsranch · 33 replies
    Reuters ^ | September16, 2016 | Roberta Rampton
    WASHINGTON—Ohio Republican Gov. John Kasich took over the White House briefing lectern on Friday to praise the 12-nation Trans-Pacific Partnership, an unusual move that shows how hard President Barack Obama will push for the trade deal's approval.
  • Ohio Gov. John Kasich meets President Obama, wants to help him pass [TPP]

    09/16/2016 3:04:58 PM PDT · by SoFloFreeper · 63 replies
    Cleveland.com ^ | 9/16/16 | Stephen Koff
    Ohio Gov. John Kasich today joined President Barack Obama's effort to push Congress to approve a sweeping Pacific Rim trade deal that has appeared doomed for months. Kasich went so far as to meet with Obama at the White House, then address reporters there on the Trans Pacific Partnership....
  • Donald Trump reveals more details of his tax plan

    09/15/2016 12:45:33 PM PDT · by E. Pluribus Unum · 3 replies
    The Washington Compost ^ | 2016-09-15 | Jim Tankersley
    Republican presidential candidate Donald Trump put new details on a much scaled-back tax plan on Thursday, one that is projected to cost the federal government less money but also to deliver fewer benefits to taxpayers than Trump's original proposal. Trump's economic team estimated that the complete tax plan, combined with rollbacks to some federal regulations and new initiatives to open up more public and private lands for oil and gas drilling, would deliver 3.5 percent growth per year for the next decade and produce 25 million new jobs. The changes also appear to be an attempt to reduce what analysts...
  • Here's everything Donald Trump just promised in his major speech on the economy

    09/15/2016 12:00:26 PM PDT · by E. Pluribus Unum · 22 replies
    Business Insider ^ | 2016-09-15 | Allan Smith
    Donald Trump on Thursday shared his economic vision with supporters gathered at the Waldorf Astoria hotel in Manhattan, promising trillions in tax cuts, energy reform, a crackdown on trade, and a reduction in the number of tax brackets. Trump, the Republican presidential nominee, estimated his plan would create 25 million in new jobs, and that the massive tax cut would be offset by gross domestic product growth of at least 3.5%, on average, each year for the next decade. "This is the most pro-growth, pro-jobs, pro-family plan put forth perhaps in the history of our country," Trump said, according to...
  • Drowning Hanjin may not be alone among global shippers

    09/10/2016 9:52:13 AM PDT · by Lorianne · 12 replies
    Japan Times ^ | 04 September 2016
    The problems that sank South Korea’s Hanjin Shipping last week could be just the tip of the iceberg, with the long global downturn leaving the industry burdened by excess capacity. With growth refusing to budge and consumer demand still slack, the world’s freight carriers have more ships than they can fill — a quarter of cargo space lies empty. That has led to fierce price cuts and cut-throat competition, badly impacting the bottom lines of some of the giants of the seas. Those problems played out last week when Hanjin, the world’s seventh-largest shipping firm, filed for bankruptcy in Seoul,...
  • Trump and Clinton are Both Wrong: Free Trade is Good for People

    09/09/2016 1:49:55 PM PDT · by MichCapCon · 72 replies
    Capitol Confidential ^ | 9/9/2016 | Jarrett Skorup
    If the government prevented people from shopping outside of their own town or state, they would be outraged and recognize it as limiting their freedom. If Michigan businesses were prevented from buying or selling their products to people from other states, most people would understand that to be economically destructive. Yet when it comes to the issue of foreign trade a lot of people from both sides of the political spectrum are opposed to allowing a similar free flow of products and services between countries. That’s why the two main presidential candidates are able to run their campaigns with antitrade...
  • Transportation Sector Under Threat From Amazon

    09/06/2016 8:29:28 AM PDT · by bananaman22 · 19 replies
    Oilprice.com ^ | 06-09-2016 | Mike
    Investors in the transportation sector are facing a sea of change thanks to the rise of online commerce. A major part of that change is Amazon.com, and the firms move towards using in-house transportation portends of more evolution to come. With thousands of shipments daily, Amazon.com is leading the way in creating its own in-house transportation via airplanes. This could potentially pave a path for other online retailers, as well as for the future development of other devices like drones which threaten companies that may not have the available funds to invest in them.
  • Does Chinese Civilization Come From Ancient Egypt?

    09/05/2016 2:46:13 PM PDT · by Theoria · 26 replies
    Foreign Policy ^ | 02 September 2016 | Ricardo Lewis
    A new study has energized a century-long debate at the heart of China's national identity. On a cool Sunday evening in March, a geochemist named Sun Weidong gave a public lecture to an audience of laymen, students, and professors at the University of Science and Technology in Hefei, the capital city of the landlocked province of Anhui in eastern China. But the professor didn’t just talk about geochemistry. He also cited several ancient Chinese classics, at one point quoting historian Sima Qian’s description of the topography of the Xia empire — traditionally regarded as China’s founding dynasty, dating from 2070...
  • Free Trade and Trump (trade globalist caucus, impimp vanity)

    09/02/2016 5:37:37 AM PDT · by impimp · 53 replies
    2 September 2016 | impimp
    First Trump had a great speech on immigration with his 10 point plan. It does look like he is going soft on deporting everyone though. Hopefully not as immigration softening is not good. But now the bad news...Trump still hasn't embraced the wisdom of free trade. Make no mistake about it - just as prochoice = baby killing, fair trade = economy crushing protectionism. Has anybody seen any sign that Trump is coming over to the free trade globalist camp? My only hope is that he will "soften" his position on trade deals just as he seems to be softening...
  • Is Trump Wrong about U.S. Trade with Mexico?

    09/02/2016 5:10:40 AM PDT · by expat_panama · 146 replies
    Human Events ^ | Thursday Sep 1, 2016 1:31 PM | Mark Skousen
    “NAFTA is the worst trade agreement we’ve ever made in our history — the worst!”— Donald TrumpOne of Donald Trump’s signature campaign slogans has been “We will build a wall and make Mexico pay for it.”Trump has attracted a lot of voters — though probably not enough to win the election in November — by attacking hallmarks of American success, the principles of free trade and relatively open borders. We are often characterized as a melting pot, a nation of immigrants who are all seeking the American dream.Trump wants to change that and build walls around America, rather than bridges....
  • The shipping industry sinks as global trade slows

    08/31/2016 9:31:00 PM PDT · by Olog-hai · 17 replies
    Marketplace Business News ^ | August 31, 2016 | 11:12 AM | Ashley Milne-Tyte
    Today a big Korean shipping company called Hanjin declared bankruptcy. It may be far away, but that move is a testament to an industry in trouble. Volume is way down all over the world as trade remains sluggish. Add to that the fact that just as demand wanes, a whole load of new vessels come online, and there’s a problem. Shipping hit a crisis in 2008 as demand for goods plunged. It’s never fully returned. John Butler is CEO of the World Shipping Council. He said after the financial crisis, when oil prices were spiking, “There was an expectation that...
  • Mark Levin aka "The Great One" has always been a conservative and friend of Free Republic

    08/31/2016 11:52:34 AM PDT · by Jim Robinson · 468 replies
    August 31, 2016 | Jim Robinson
    Mark Levin aka "The Great One" has always been a great constitutional conservative and great friend of Free Republic. Doesn't post much anymore but has had an account here (holdonnow) from nearly the beginning. He stood up for FR when his good friend Hannity was running us down. Also when O'Reilly accused us of not moderating our forum good enough against racism. I hate to see our good friend getting trashed on FR. I understand why people are upset with him over his position against Trump, but best advice I can give is if you can't stand him, don't listen....
  • Democrat Tom Coyne: Trump Is Challenging ‘Institutional Elites’ in Both Parties

    08/30/2016 10:53:55 AM PDT · by Dana1960 · 17 replies
    Breitbart ^ | 8/30/16 | Dan Riehl
    Tom Coyne, a lifelong Democrat and the mayor of Brook Park, Ohio, spoke about his endorsement of Republican presidential nominee Donald Trump with Breitbart News Daily SiriusXM host Matt Boyle. Coyne said: The parties are blurred. What’s the difference? They say the same things in different tones. At the end of the day, they accomplish nothing. Donald Trump is challenging the very fabric of the institutional elites in this country on both sides that have, quite frankly, just straight up screwed this country up and made the world a mess. Regarding the GOP establishment’s so-called Never Trumpers, Coyne stated, “If...
  • Is 'Transparency' In Trade Talks Just A Smoke Screen?

    08/30/2016 3:27:25 AM PDT · by expat_panama · 11 replies
    Investors Business Daily ^ | August 29, 2016 | DANIEL R. PEARSON
    One of the criticisms of trade agreements such as the Trans-Pacific Partnership (TPP) is that they are negotiated in secret. Government-to-government discussions generally are conducted in private, so some confidentiality in trade talks is not surprising. The AFL-CIO, an advocate for greater transparency, asserts that "such secrecy is inconsistent with democratic principles" and has the effect of advancing "the policy preferences of political and economic elites, not the broad interest of the populace at large." There is no doubt that transparency in government is a desirable goal. Transparency helps to assure accountability, and at times might even lead to more...
  • Obama Plotting to Ram TPP Through Congress in Lame Duck

    08/26/2016 2:26:47 PM PDT · by detective · 26 replies
    The New American ^ | 25 August 2016 | Alex Newman
    Despite the sovereignty-destroying Trans-Pacific Partnership being so unpopular that both major parties' presidential candidates are campaigning against it, the Obama White House notified Congress that legislation to approve the globalist “free-trade” regime was on its way. It seems that the establishment is hoping to ram through the deeply controversial regional-governance scheme during the “lame-duck” session of Congress — after the election and after voters lose their chance to remove elected representatives for at least another two years. Critics in Congress and beyond from all across the political spectrum, though, are speaking out forcefully. Opponents noted that one way to stop...
  • The Postal Service is losing millions a year to help you buy cheap stuff from China

    08/23/2016 6:17:40 PM PDT · by Paul R. · 49 replies
    Washington Post ^ | September 12, 2014 | Jeff Guo
    ...All of this is little comfort to McGrath, who chafes at the thought of the Postal Service helping Chinese merchants poach his customers. “All of us sellers are selling a lot of Chinese goods in America but at least we’re creating jobs, making money, and adding to the economy,” he said. “But when people buy direct from China that’s adding nothing to the American economy.”
  • Central Banks Now Selling US Debt at Record Pace

    08/18/2016 11:12:36 AM PDT · by milton23 · 16 replies
    Daily Signal ^ | 8/18/16 | William T. Wilson
    In the first six months of 2016, foreign central banks sold a net $192 billion of U.S. Treasury bills, notes, and bonds. This is more than double the pace from the same time last year. China, Japan, and Brazil were the leaders in selling U.S. debt. With the U.S. debt running at approximately $19.4 trillion, this could be problematic. A large selloff of U.S. bonds would decrease their price, or in other worlds, increase domestic interest rates in general (bond prices and interest rates always move in the opposite direction).
  • WikiLeaks' Assange - TPP Not Only Trade, 83% Is Fascists Controlling Our Daily Lives

    08/13/2016 12:50:23 PM PDT · by TigerClaws · 63 replies
    Published on Aug 13, 2016 WikiLeaks' Assange - TPP Not Only Trade, 83% Is Fascists Controlling Our Daily Lives - Once We're In, We're Stuck Forever WikiLeaks founder Julian Assange knows more about the contents of the TPP than most members of Congress and is doing much more to inform the American public than any of our so-called representatives with the lone exception of Senator Jeff Sessions (R-AL). He has no restrictions other than his politically-motivated confinement to the Ecuadorian Embassy in London on his freedom to disclose the truth to the world and he is sounding the alarm. Assange...
  • Donald J. Trump Remarks on Creating a New and Better Future for America’s Inner Cities

    08/16/2016 8:39:55 PM PDT · by Ray76 · 82 replies
    DonaldJTrump.com ^ | Aug 16, 2016 | Donald J. Trump
    It’s so great to be here tonight. I am honored to also be joined this evening by Governor Scott Walker, Chairman Reince Priebus, and Mayor Rudy Giuliani. We are at a decisive moment in this election. Last week, I laid out my plan to bring jobs back to our country. Yesterday, I laid out my plan to defeat Radical Islamic Terrorism. Tonight, I am going to talk about how to make our communities safe again from crime and lawlessness. Let me begin by thanking the law enforcement officers here in this city, and across this country, for their service and...
  • Tough Talk On Trade

    08/15/2016 4:15:16 AM PDT · by expat_panama · 33 replies
    Investors Business Daily ^ | August 12, 2016 | Editorial
    Trade: On the campaign trail, both Republican candidate Donald Trump and Democratic presidential candidate Hillary Clinton have become increasingly anti-free trade. Free traders may be in for a nasty surprise. Right now, given current polls, Clinton seems most likely to be the next chief economic policy maker. If so, she will be the most anti-free trade leader of a major party since World War II. In recent days, Clinton has criticized trade deals that she says hurt jobs... ...she promised to "ramp up enforcement" of trade laws and to even appoint a "chief trade prosecutor." Criminalizing trade. Really? Economists largely...
  • Still Report #1116 – Julian Assange – TPP Text is Still Top Secret

    08/14/2016 10:40:22 AM PDT · by GilGil · 39 replies
    Still Report ^ | 8/14/2016 | Bill Still
    Good morning, I’m still reporting on TPP. According an interview with Julian Assange done by Amy Goodman of Democracy Now, less than 14% of the text of the TPP has been released to the public. Twenty-five of its 29 chapters are still secret. According to Assange: “Once we’re in, we’re stuck forever.” Goodman interviewed Assange at the Ecuadorian Embassy in London on Monday and published the interview yesterday over the Pacifica network on their daily news show, Democracy Now at Democracynow.org. This is simply outrageous! I just don’t know how to describe this in non-conspiratorial terms. We stand on the...
  • Insanity Once More: The Hillary Clinton Economic Plan

    08/13/2016 2:24:05 PM PDT · by Kaslin · 10 replies
    Townhall.com ^ | August 13, 2016 | Larry Kudlow
    Doing the same thing over and over again and expecting different results, when in fact the results never change, is one definition of insanity. That definition works for economic insanity, too. Over the past seven-and-a-half years, President Obama has maintained a steady course of burdensome new regulations, significant tax increases, and massive federal spending on so-called infrastructure. He has unconstitutionally ordered executive actions, favored labor over business, attacked banks, insulted successful corporate leaders, and backed federal-government mandates on business. And with all this, strong economic recovery from a deep recession -- which has been an American tradition -- never came...
  • Obama puts Congress on notice: TPP is coming

    08/12/2016 8:53:34 PM PDT · by Theoria · 39 replies
    Politico ^ | 12 Aug 2016 | Adam Behsudi
    The White House put Congress on notice Friday morning that it will be sending lawmakers a bill to implement President Barack Obama’s landmark Trans-Pacific Partnership agreement — a move intended to infuse new energy into efforts to ratify the flat-lining trade pact. The move establishes a 30-day minimum before the administration can present the legislation, but the White House is unlikely to do so amid the heated rhetoric of a presidential campaign in which both major party nominees have depicted free trade deals as massive job killers. Friday's notification is the clearest signal yet that the White House is serious...
  • Donald Trump’s Plan for “Winning the Global Competition”

    08/09/2016 7:41:23 AM PDT · by VitacoreVision · 15 replies
    The New American ^ | 09 August 2016 | Bob Adelmann
    During his hour-long speech on Monday at the Detroit Economic Club, Republican Party presidential nominee Donald Trump was serious and reasonable, avoiding histrionics and the temptation to push back against protestors who interrupted him several times. He followed his script and peppered the economic landscape with his wish list of actions he would take as president to “Make America Great Again.”It was a very long list:• Cut corporate and personal income tax rates significantly;• Cut small business income taxes to just 15 percent;• Make childcare expenses tax deductible;• Repeal many of the more outrageous executive orders issued by President Obama;•...
  • Trump's Economy: Lower Taxes, No TPP, and … Affordable Childcare?

    08/08/2016 12:27:37 PM PDT · by ToxicMich · 35 replies
    The Atlantic ^ | GILLIAN B. WHITE
    On Monday, Donald Trump took to the stage of the Detroit Economic Club to release his latest plan for jumpstarting the economy, a task that he said “won’t even be that hard.” Among his major proposals is to streamline income tax brackets—of which there are currently seven—to three tiers, in which no American would pay more than 33 percent to the federal government. He promised to cap the corporate tax rate at 15 percent and to put an end to estate taxes. He also suggested halting any new federal regulation on finance, doing away with TPP, and bringing back the...
  • Understanding the Trans Pacific Partnership

    08/07/2016 11:02:45 AM PDT · by Kaslin · 13 replies
    American Thinker ^ | August 7, 2016 | Peggy Ryan
    Okay, I know you're not dummies – but if a book is required to break down Microsoft Word into simpler terms, then the Trans Pacific Partnership (TPP) requires a library. The 2016 candidates both in local races (for example, Paul Nehlen vs. Paul Ryan in Wisconsin) and our presidential race are always talking about the horrors of TPP. But the warnings fall on deaf ears because no one knows what TPP is. Why the hysteria? What exactly is TPP (Obamatrade)? TPP is a massive, pro-corporate trade agreement among the United States and 11 other countries. So what's wrong with that?...
  • U.S. rail traffic down 7.9 percent in July

    08/05/2016 3:52:17 PM PDT · by Jack Hydrazine · 17 replies
    ProgressiveRailroading.com ^ | 5AUG2016 | Staff writer
    U.S. railroad traffic in July fell 7.9 percent to 2,027,768, carloads and intermodal units, compared with traffic volume in July 2015, the Association of American Railroads (AAR) announced this week. Total carloads in the month declined 8.8 percent to 1,025,367 units, compared with the same period last year. Railroads also transported 1,002,401 containers and trailers last month, down 6.9 percent compared with a year ago. Four of the 20 carload commodity categories tracked by AAR posted increases during the month. They included grain, up 15.3 percent or 12,641 carloads; waste and nonferrous scrap, up 25.9 percent or 3,400 carloads; and...
  • High Cancellations Hurt July Class 8 Truck Orders

    08/05/2016 3:59:46 PM PDT · by Jack Hydrazine · 13 replies
    TruckingInfo.com ^ | 3AUG2016 | Staff Writer
    It looks like July was another off month for Class 8 truck orders as industry analysts are predicting some of the lowest numbers since 2010, according to preliminary numbers from ACT Research and FTR. FTR is predicting Class 8 truck orders will come in at around 10,400 units while ACT Research is projecting 10,500 units for the month. Both forecasts are well below July 2015 orders and mark one of the weakest months since 2010. Compared to June, orders were down 19%, which FTR attributed to higher than normal order cancellations in the month. “Usually there are a low number...
  • 3 Things Reagan Said About Trade That Apply Today

    08/05/2016 7:02:35 AM PDT · by 1rudeboy · 63 replies
    The Heritage Foundation ^ | July 29, 2016 | Owen Morgan, Bryan Riley
    Ronald Reagan was an advocate of free trade throughout his presidency. But just like today, many Americans in the 1980s opposed free trade and pushed for measures that would keep the nation out of the global economy.Fortunately, Reagan argued persuasively in support of trade, and his success led to rapid growth in the U.S. economy.He knew that protectionist policies might benefit some industries, but they hurt others.When the government gets involved in trade, special interests get a chance to game the system. These groups excel at making it hard to tell how their policies harm Americans.In his 1987 economic report,...
  • China’s Property Bubble Echoes Subprime Crisis

    08/02/2016 10:42:40 AM PDT · by Sgt_Schultze · 12 replies
    Wolf Street ^ | 2 August 2016 | Harry Dent
    I wrote about this in a letter late last year, but now here we are more than halfway through the year and it’s only getting worse. So much worse that the Chinese property bubble is now the catalyst that will reset markets – and will likely be one large event that cascades across the globe.- snip - I’m convinced that what finally puts an end to central banker madness and the incessant stream of QE will be the Chinese real estate bubble.- snip - China is going down. The China Beige Book (which is much more accurate) recently showed that,...
  • Obama sounds like a Free Trade Freeper(vanity)

    08/02/2016 8:24:14 AM PDT · by central_va · 33 replies
    Obama ^ | 8/2/16 | Obama
    Obama is spouting Free Trade dogma and TPP on a live broad cast. Rush Limbaugh must have written his speech. I see no difference between Obama and the Free Trade cadre on Free Republic. No difference. All globalist, kumbaya.Obama: "Free Trade is here to stay" We'll see....
  • Op-Ed Globalization isn't killing factory jobs. Trade is actually why manufacturing is up 40%.

    08/02/2016 5:46:48 AM PDT · by expat_panama · 142 replies
    Los Angeles Times ^ | August 1, 2016 | Daniel Griswold
    Foreign trade took a beating at both major party conventions, with speakers blaming free-trade agreements for all but wiping out U.S. manufacturing and eliminating millions of middle-class jobs. Both Donald Trump and Hillary Clinton have promised to renegotiate or abandon trade agreements with key U.S. trading partners such as Mexico and Canada. That would be a colossal mistake. The number of manufacturing jobs in the United States has indeed been in a long decline since the late 1970s... American factories and American workers are making a greater volume of stuff than eve... ...America’s 21st century manufacturing sector is dominated by...
  • We need a tough negotiator like Trump to fix US trade policy

    07/30/2016 9:47:03 AM PDT · by oblomov · 31 replies
    CNBC ^ | 29 Jul 2016 | Wilbur Ross and Peter Navarro
    Republican presidential candidate Donald Trump is threatening to leave the World Trade Organization and rip up agreements like the North American Free Trade agreement, and his critics predictably are branding him everything from "wrong-headed" to "insane." But here's the real deal. When our politicians and diplomats negotiate trade deals, we lose because they don't know a good deal from a bad one. For instance, when President Bill Clinton signed NAFTA in 1993, he believed it would "create 200,000 jobs in this country by 1995 alone." Instead, the U.S. has lost over 700,000 jobs, according to the Economic Policy Institute, while...
  • Global trade is not growing slower – it's not growing at all, finds a new report

    07/29/2016 8:49:47 AM PDT · by Lorianne · 9 replies
    World Economic Forum ^ | 26 July 2016 | Johannes Fritz, Simon J Evenett
    Falling rates of global trade growth have attracted much comment by analysts and officials, giving rise to a literature on the ‘global trade slowdown’ (Hoekman 2015, Constantinescu et al. 2016). The term ‘slowdown’ gives the impression of world trade losing momentum, but growing nonetheless. The sense of the global pie getting larger has the soothing implication that one nation’s export gains don’t come at the expense of another’s. But are we right to be so sanguine? World trade volume plateaued around January 2015 Using what is widely regarded as the best available data on global trade dynamics, namely, theWorld Trade...
  • McAuliffe fuels new distrust of Clinton over her position on trade

    07/27/2016 6:30:04 PM PDT · by 11th_VA · 26 replies
    Washington Post ^ | 27 July 2016 | Jenna Portnoy and David Weigel
    PHILADELPHIA — Gov. Terry McAuliffe fueled new distrust of Hillary Clinton among liberal Democrats this week with a declaration that the presidential nominee was likely to reverse her position on the Trans-Pacific Partnership after the election.The Clinton campaign swiftly rejected the idea that she would waver on TPP and called her longtime friend and chairman of her 2008 campaign “flat wrong.” But Republican nominee Donald Trump seized the moment, saying that McAuliffe revealed Clinton’s true nature as a free trader — and a flip-flopper whom voters shouldn’t trust.
  • Weak Sauce: Pro-Clinton Granholm Defends Clinton's Flip-Flop On Trade,

    07/26/2016 3:35:34 PM PDT · by Kaslin · 4 replies
    Townhall.com ^ | July 26, 2016 | Matt Vespa
    The first day of the Democratic National Convention is over—and the Trans-Pacific Partnership was probably the major punching bag of the night. There is vicious opposition within the Democratic Party over this free trade agreement. An agreement that Hillary Clinton once called the gold standard for free trade deals. She has since walked back her praise. Yet, Donald Trump criticized free trade as well, and is actively trying to court Sanders supporters based on the issue of trade. The anti-TPP sentiment is stronger here than on any other issue that's been mentioned.— Philip Klein (@philipaklein) July 26, 2016 Sanders forced...
  • Clinton, Kaine do not look presidential: Trump

    07/24/2016 12:24:49 PM PDT · by Jyotishi · 61 replies
    The Pioneer ^ | Sunday, July 24, 2016 | PTI
    Washington - Republican presidential candidate Donald Trump today hit out at his Democratic rival Hillary Clinton and her running mate Tim Kaine, saying they "do not look presidential" as he claimed that enemies like ISIS are "drooling" over their nomination. "Just saw crooked Hillary and Tim Kaine together. ISIS and our other enemies are drooling. They don't look presidential to me!" Trump said on twitter as he posted a series of tweets wherein he described Kaine as a job killer. "Tim Kaine has been praising the Trans Pacific Partnership and has been pushing hard to get it approved. Job killer!"...
  • Trump: USA could pull out of World Trade Organization

    07/24/2016 11:09:48 AM PDT · by ResistanceMedia · 71 replies
    Breitbart.com ^ | July 24, 2016 | AFP
    Washington (AFP) – Republican White House nominee Donald Trump suggested Sunday that the US could pull out of the World Trade Organization if he is elected president. Interviewed on NBC’s “Meet the Press” Trump said he would slap punitive taxes on firms that moved manufacturing activities abroad, citing Mexico as an example.
  • Twitter Users Mock Uncritical Huffington Post Report on Tim Kaine TPP Reversal

    07/22/2016 8:41:09 PM PDT · by PJ-Comix · 12 replies
    NewsBusters ^ | July 22, 2016 | P.J. Gladnick
    His reversal was so rapid that I'm surprised he didn't suffer whiplash. I am referring to the rapid U-turn that Senator Tim Kaine, tapped today to be Hillary Clinton's running mate, made on the Trans Pacific Partnership. Until the moment he was picked by Hillary, Kaine was strongly for the TPP. And then today he suddenly saw the light and, hallelujah, he now proclaims to "oppose" the TPP. I put "oppose" in quotes because he now opposes it as much as Hillary pretends to oppose it. However, Huffington Post reporter Michael McAuliff relayed Kaine's new found TPP opposition without the slightest...
  • Frank Luntz brags about his Vietnamese made shoes on Fox.(Vanity)

    07/21/2016 4:49:28 AM PDT · by central_va · 33 replies
    Fox and Friends ^ | 7/21/16 | Fox News
    On the morning Fox and Friends show guest Frank Luntz, the corpulent pollster, was wearing Nike running shoes with American flags on them. Shoes made in Vietnam. Nike puts American flags on shoes made by third world slaves after shutting out the American worker. I am sure those things cost $200.00. This is the problem in a nutshell..
  • As Chinese Refiners Flood The World, Gasoline Tankers Pile Up In New York City Harbor

    07/13/2016 8:07:54 PM PDT · by dennisw · 29 replies
    zerohedge ^ | Jul 13, 2016 9:33 PM | by Tyler Durden
    Just over a month ago, when we pointed out that that the gasoline curve was about to shift from contango into backwardation, we said that the gasoline tanker armada off the coast of Singapore was about to start offloading as it would soon become uneconomical to hold product in offshore storage. This meant one thing: China was about to unleash a wave of accelerated gasoline exports across the entire world. We pointed out the unprecedented surge in Chinese gasoline stocks... and added that as China continues to imports tremendous amounts of both crude and product, far greater than actual demand,...
  • Trump may topple 'blue wall' before ever building border wall

    07/09/2016 8:34:12 PM PDT · by 2ndDivisionVet · 59 replies
    The Sharon Herald ^ | July 1, 2016 | Martin Schram
    It’s been exactly one year since Donald Trump convulsed America’s political pros and punditocracy in howls of hilarity when his rambling campaign kickoff speech veered into his now-famous vow to build his Trump wall across our southern border – and somehow make Mexico pay for it. Now this: In a rare, carefully scripted speech on Tuesday, Trump delivered a series of political hits that, come November, may turn out to be powerful enough to topple yet another iconic political wall – this one seemingly far more impenetrable than any wall the aspiring mogul-in-chief dreams of being able to build. Namely:...
  • “You don’t sell the Motherland,” Pope says in a letter to Argentina

    07/08/2016 7:22:56 PM PDT · by ebb tide · 13 replies
    Vatican Insider News ^ | July 8, 2016 | ANDREA TORNIELLI
    Francis has sent a message to the Argentinians for the 200th anniversary of their country’s independence. We pray that the country will be defended against all forms of colonisation, he said
  • Vanity 1 (free trade globalist caucus)

    07/07/2016 9:31:50 AM PDT · by impimp · 32 replies
    Freerepublic.com ^ | 7 July 2016 | Impimp
    This is for free trade globalists only. Specifically, to post here you need to adhere to the following viewpoint: 1. You want Trump to be President. 2. You are in favor of increased trade and want more trade deals and find Trumps rhetoric troubling. 3. You are a trade globalist but not an immigration globalist. You like Trumps views on immigration.
  • Service Sector Growth Accelerates, Refis Skyrocket, Trade Deficit Widens

    07/07/2016 4:19:56 AM PDT · by expat_panama · 26 replies
    Investors Business Daily ^ | 7/06/2016 | ED CARSON
    A leading service sector index signaled that the bulk of the U.S. economy expanded at the fastest pace in 2016. Meanwhile, the U.S. trade deficit widened more than expected, while refinancing activity spiked on plunging mortgage rates... The Institute for Supply Management said its services gauge for June jumped 3.6 points to 56.5, the highest since last November... U.S. Trade Deficit Widens The U.S. trade gap for May rose 10% to $41.1 billion, the Commerce Department said, wider than the $40 billion expected. Imports rose 1.6% on consumer goods and higher prices for petroleum. Exports dipped 0.2%. Mortgage Applications Jump...
  • GOP Senator Jeff Flake: Suck it Up and pass TPP

    07/02/2016 4:45:06 PM PDT · by conservative98 · 82 replies
    BreitBart ^ | 2 Jul 2016 | Julia Hahn
    In a remarkable interview with Business Insider, Arizona Senator Jeff Flake argued that Congress should pass President Obama’s Trans-Pacific Partnership (TPP) agreement despite the American people’s overwhelming objection to it. BI writes: Arizona Sen. Jeff Flake told Business Insider during a Wednesday interview that Congress is going to have to “suck up” and ratify the agreement because it simply must be done, even in the face of hostile opposition to trade along the campaign trail… ‘I do still think there are enough people that realize we’ve got to do it,’ the Arizona Republican said. ‘Some of those things you just...