Suppliers in Massachusetts and across the United State will likely not be getting orders from this company — thereby reducing economic activity, jobs and tax revenue.
These "trade" deals, if passed by Congress and signed by the president, would cement a corporate right to profits above the rights of citizens. They place corporate rights above national sovereignty.
At the deportation center in San Pedro Sula, planes land with over 100 Hondurans a day, returned from our border prisons to their native land. They tell heartbreaking tales of failed attempts to join their families or find work.
New Jersey's Gov. Chris Christie rejected federal funding for rail tunnels connecting his state to New York, and residents are feeling the consequences. Chinese leaders are making a different set of choices.
The public is finally "getting it" about these one-way trade agreements. They were sold to us as "job creators," but the record is the reverse. They have cost jobs and increased the trade deficit.
Another $40 billion leaked out of our economy in August, taking jobs, factories and good living standards with it. This means U.S. employers can further threaten employees with moving their job to China.
MFG DAY addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is – and what it isn’t.
Before Reagan working people benefited most from economic recoveries. After Reagan, the top 10% benefited more. After 2000, 90% of us continued to fall behind – when we opened "free trade" with China.
Ask people what they think of NAFTA and you'll learn that people get it. People absolutely hate "NAFTA-style" trade deals. People are voting based on this – when given the chance.
The subject: the Trans-Pacific Partnership and the Trans-Atlantic Free Trade Agreement. The big draw: Economist Jeffrey Sachs, who laid out six reasons why they shouldn't be passed by Congress.
The letter asks for a new process for reaching trade agreements in which Congress has a role in selecting trade partners and in which Congress sets up a set of negotiating objectives that must be achieved.
Thursday, bad trade numbers. Friday. bad manufacturing job numbers. A path to election victory lies in drawing the connection: Democrats should be advocating a different trade policy.
We reached a new job-sucking record with China. We continue to import much more than we export. That means a net loss of jobs and decline in living standards, month after month, year after year.
South Korea and seven other countries were found to have been selling steel piping and fittings at below-market prices in an effort to put competitors out of business. This is a big deal for the U.S.-based steel industry.
Trade is supposed to be balanced. Instead we have been running continuing trade deficits since the late 1970s. A former assistant Commerce secretary has offered a new plan for balancing trade.
A Republican Senate candidate comes out against the Trans-Pacific Partnership. Two open letters from members of Congress question it. A former WTO director-general warns about it. And there are actions you can take.
Should an iPhone made in China and sold in England be counted as a U.S.-made manufacturing export? If a proposal to change the way our trade deficit is measured sneaks through, this is exactly what will happen.
Far-right groups said that the American government securing necessary materials for American companies to manufacture is "interference with the free market." Seriously, are they funded by China?
At Netroots Nation, Rep. Dan Kildee showed he "gets it" about manufacturing. "Facts should invade a conversation [about] this 20-year experiment with unbalanced trade agreements. We need to hold Democrats' feet to the fire."
China's currency needs to rise all the way to the appropriate market level. The result will be U.S.-made goods becoming more competitive in world markets, so jobs and factories return.
Ask your local candidates for Congress if they understand what a trade deficit is, how large it is, how it affects jobs and the economy and what they intend to do about it.
Discussions between the US and China take place this week, while US companies run ads opposing democracy in Hong Kong.
Corporate Republicans want to continue the operation of the Export-Import Bank because it helps companies sell their products outside of the U.S. The “Tea Party” Republicans want to shut it down. What is going on?
We’re not seeking special deals, subsidies or handouts. We’re asking Congress to implement the trade laws to level the field of competition. If the same rules apply to everyone, U.S. industry can compete and win.
At parades, picnics and farmers markets during the 4th of July recess, people will make the case against the Trans-Pacific Partnership and the "fast track" process, and ask members of Congress where they stand.
It is “crony capitalism” only if it is benefiting cronies. It is corporate welfare only if it helps corporations at the expense of the rest of us. The Export-Import Bank helps businesses and workers.
Democrats, Republicans and Tea Party members all get it that jobs are being shipped out of the country. If Democrats want a simple jobs plan, this is it: Fix the trade deficit.
Inside of every country and every system there are competing interests. Investors want their own currency to be strong at any given time and manufacturers want their own currency to be weak at any given time.
Another leak shows that the giant corporations consider themselves powerful enough to just ignore governments, and are negotiating among themselves the rules for world corporate domination in the 21st century.
Tuesday President Obama talked about manufacturing at a TechShop in Pittsburgh. At the same time his administration announced a number of new manufacturing initiatives. How's he doing?
The biggest fixable factor affecting jobs and the economy wasn't mentioned at all in Treasury Secretary Jack Lew's speech on the economy last week: the trade deficit.
The United States has inked free-trade deals with 20 countries over the past three decades. It’s now clear that this zeal benefits corporations while hurting the rest of us.
Instead of creating jobs, a 2011 trade deal with South Korea has cost jobs and increased our trade deficit. Now there are signs that job loss could get much, much worse.
Imagine that American factories and other businesses had received $44.2 billion more in orders last month, and every single month, and you can visualize the effect of this.
There have been reports that the Trans-Pacific Partnership treaty would ban requirements that government agencies "Buy America" first. The House has voted to protect these provisions from being negotiated away.
Since we signed a "free trade" agreement with Colombia, 73 trade unionists have been murdered there. So 153 Democrats are insisting on stronger labor protections in the Trans-Pacific Partnership agreement.
Another leak of another secretly negotiated treaty reveals another assault on our ability to make our own laws and another boost for the largest (and dirtiest) corporations.
The terrible damage done to working Americans by these trade agreements have become so clear that a New Populist movement is rising up to fight them. The New Populism Conference will explore this movement.
Our government doesn't confront countries that do things like manipulate their currency. The result is American companies shut American factories and lay off American workers.
The enormous, humongous trade deficit is doing incredible damage to our economy. Our country’s elites used to care about that.