by Dave Johnson | Jul 21, 2014 | Blog, Trade
The main presenter at Saturday's Netroots Nation panel "Manufacturing a Middle Class with Quality Jobs" was Rep. Dan Kildee (D-Mich.), representing Flint. Get to know about this guy – he is an absolute rock star. He is sharp, funny and, most important, he is right on...
by Dave Johnson | Jul 15, 2014 | Blog, Trade
Going into last week's U.S.-China Strategic and Economic Dialogue (S&ED) a key issue was China's ongoing currency manipulation. This matters. A February study by the Economic Policy Institute (EPI) showed that China’s currency manipulation costs between 2.3 and...
by Dave Johnson | Jul 9, 2014 | Blog, Trade
Our enormous, humongous, continuing trade deficit dropped a bit in May from the month before, after five months of increases, according to the Commerce Department. The change was mostly because of an 11.3 percent increase in petroleum products and not so much because...
by Dave Johnson | Jul 8, 2014 | China Currency Showdown, Trade
The sixth annual U.S.-China Strategic and Economic Dialogue (S&ED) starts tomorrow in Beijing. This is like a "summit" meeting between the two countries, with high-level discussions of issues ranging from North Korea and wider regional security problems, to...
by Dave Johnson | Jul 8, 2014 | Blog, Trade
Different factions of the Republican Party are at war over the Export-Import (Ex-Im) bank. "Corporate/business" Republicans (and most Democrats) want to continue the operation of the Export-Import Bank because it helps companies sell their products outside of the U.S....
by Leo Gerard | Jul 1, 2014 | Blog, Trade
In the depth of the recession, some foreign countries made a simple calculation. They’d subsidize their steel industries even though that violates international trade rules. It paid off by keeping their citizens employed, paid and fed. These countries banked on...
