by Dave Johnson | Sep 4, 2014 | Blog, Trade
The U.S. Department of Commerce released the July U.S. trade figures this morning. We reached a new job-sucking record with China. If you are a Wall Street or Chinese billionaire it's an occasion to break out the champagne. However, if you are not a Wall Street or...
by Dave Johnson | Aug 25, 2014 | Blog, Trade
The International Trade Commission (ITC) ruled last week that South Korean companies are "dumping" steel pipes, tubes and fittings used by oil companies – known formally as oil country tubular goods (OCTG) – into the U.S. market. "Dumping" means selling for...
by Dave Johnson | Aug 22, 2014 | Blog, Trade
We have an enormous, humongous and ongoing trade deficit. This means we buy more from other countries than they buy from us and we do this every year. Trade is supposed to be balanced. Instead we have been running continuing trade deficits since the late 1970s. A...
by Dave Johnson | Aug 6, 2014 | Blog, Trade, Trans-Pacific Partnership
In a Detroit News op-ed this week, Michigan Republican Senate candidate Terri Lynn Land separated herself from most Republican lawmakers and voiced opposition to the Trans-Pacific Partnership (TPP) trade agreement currently being negotiated. Her op-ed included this: I...
by Dave Johnson | Jul 28, 2014 | Blog, Trade
Should an iPhone made in China and sold in England be counted as a U.S.-made manufacturing export? If a sneaky new proposal to change the way our trade deficit is measured is allowed to sneak through, this is exactly what will happen. At Least We Know It's Enormous,...
by Dave Johnson | Jul 24, 2014 | Blog, Trade
This week one more example of Republican obstruction occurred – blockage of an important "Make It In America" bill – and one more time not a single corporate media outlet reported it. The House Republican leadership on Tuesday blocked a bill to secure for American...