Free Republic

“Those manufacturers who mainly sell to Europe and the United States need to start taking pain killers again,” said exporter Liao Yu, who produces bags and suitcases in Dongguan. “The cost of relocation is very high for small factories of our kind. But if you don’t move, how do you digest the tariffs? A 25 per cent [tariff] will kill everyone. Meanwhile, European and American customers are now using more suppliers in Southeast Asia to replace us. Trump is just a killer.” “We thought our products would be safe and excluded from the list [subject to US tariffs]. But Trump...

NOTE The following text is a quote: www.treasury.gov/press-center/press-releases/Pages/jl1908.aspx Treasury Identifies Kassem Rmeiti & Co. for Exchange and Halawi Exchange Co. as Financial Institutions of “Primary Money Laundering Concern” 4/23/2013 In First Use of Section 311 Against a Non-Bank Financial Institution, Treasury Acts to Protect the U.S. Financial System from Foreign Exchange Houses Tied to Global Narcotics and Money Laundering Networks and Hizballah WASHINGTON – The U.S. Department of the Treasury today named two Lebanese exchange houses, Kassem Rmeiti & Co. For Exchange (Rmeiti Exchange) and Halawi Exchange Co. (Halawi Exchange), as foreign financial institutions of primary money laundering concern under...

SAN JOSE, Costa Rica (AP) - For Gerardo Hidalgo, U.S. congressional approval of the Central American Free Trade Agreement is welcome news. If Costa Rica ratifies, it means he can export more rocking chairs to Texas and California - without tariffs or other trade barriers. But rice farmer Oscar Campos predicts his fields will soon be empty. He fears he won't be able to compete with big U.S. growers. Hours after Congress sent the pact to President Bush on Thursday for his signature, opponents and supporters in Central America were mobilizing for their final battle over ratification of the free...