by Dave Johnson | Jan 8, 2015 | Blog, Trade
The U.S. Commerce Department reported Wednesday that America’s monthly goods trade deficit in November was $39 billion. This is down $3.2 billion from a revised $42.2 billion in October. The primary reason for the drop was a reduction in the volume and price of...
by Dave Johnson | Jan 7, 2015 | Blog, Trade
Corporations are busy negotiating the Trans-Pacific Partnership (TPP) in secret. TPP is a huge, huge treaty that will redefine the rules for interaction between countries and the giant corporations – and not in a way that favors citizens over corporations. There is a...
by Dave Johnson | Dec 18, 2014 | Blog, Trade
Senator Elizabeth Warren (D-Mass.) is emerging as a champion in the fight over provisions the upcoming Trans-Pacific Partnership (TPP) trade agreement that could undermine our (and other) country's ability to keep the giant multinational corporations under control....
by Dave Johnson | Dec 18, 2014 | Blog, Trade
Again and again we are promised jobs and economy gains from trade deals. Instead we get job losses and trade deficits. Next year the giant multinationals are going to try to sell us another trade deal by promising jobs and prosperity. And they're going to push fast...
by Dave Johnson | Dec 17, 2014 | Blog, Trade
It is worth examining how the process was rigged to push that budget deal through Congress over the weekend that contained Citibank-written derivative deregulation and all kinds of other goodies for the rich and powerful. That's because the "cromnibus" formula will be...
by Leo Gerard | Dec 16, 2014 | Blog, Jobs and Growth, Trade
Under billions of tons of imports, the American dream is suffocating. The American people have lost faith. They know that bad trade has bled factories, middle class jobs and wage increases from the country. A report issued last week by the Economic Policy Institute...