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.
It is not entirely fair for President Obama to dismiss critics of the Trans-Pacific Partnership for having a "lack of knowledge" of what is being negotiated, as he did at a recent news conference.
A huge trade treaty is coming that will change the relationship between giant corporations and governments around the world. Why is the American corporate media telling the public so little about it?
Sometimes, corporations place profit above human safety. As a result, workers lose lives and limbs. Cooper Tire announced it will spend $970,000 to improve safety. That’s good. But it comes too late for the two workers who are now amputees.
Across the board now people are seeing what these trade deals have done to the country. I join Asia expert Tim Shorrock to discuss the Obama administration's latest trade moves.
Research concludes that if you're making less than $87,000 per year (the current 90th percentile wage), the Trans-Pacific Partnership would mean a pay cut. But that's fine for corporations who want this treaty.
The New York Times gets it right: It's time to "improve the ground rules of global trade." In the face of overwhelming evidence of the damage done by NAFTA-style trade deals, could the tide of elite opinion be changing?
The Treasury Department released its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies this week, and went to great lengths to find a way not to label China as a currency manipulator.
It doesn't matter how much we might increase exports if we don't do something about imports, too, because if imports are higher than exports, that is a net loss of jobs and wealth.
Working people and democratic governance on all sides of NAFTA's boders are now worse off. Congress should recognize this before approving any more "NAFTA-style" trade agreements.
President Obama said he would create one million new manufacturing jobs. The President has not met his goal, but we can still reduce unemployment, create new good manufacturing jobs, and reduce our trade deficit all at the same time.
One place where America's leaders could advocate for America's economy, businesses and working people is by confronting currency manipulation. It is costing us 5.8 million jobs.
Many Wall Street and D.C. elites say that more trade is always better. But is the goal more trade, or trade that benefits We the People of the United States and our economy?
The trade deficit went up slightly in January, and as a result manufacturing jobs aren’t doing all that well. That’s because a trade deficit means that jobs move out of the country.