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Trade

Holes in the China Recovery Story

Michael J. Panzner | Posted 05.25.2011 | Business
Michael J. Panzner

While the nation's growth strategy and comparative advantages may eventually prove the optimists correct, right now, at least, the China recovery story seems to have lots of holes in it.

Chutzpah and cheaters partner to keep American tire workers unemployed

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

A group of tire importers that should be competitors banded together recently to ally themselves with China in a trade case. Doesn't sound like th...

Lesson Learned

Sen. Fritz Hollings | Posted 05.25.2011 | Politics
Sen. Fritz Hollings

We're bailing out the economy boat desperately with stimulation, but the financial leadership opposes plugging the hole in the hull from offshoring.

Obama Delays Panama Trade Deal Under Pressure From Unions

Bloomberg | Posted 05.25.2011 | Politics

U.S. officials said they will delay seeking congressional approval for a pending free-trade deal with Panama until President Barack Obama offers a new...

Cheney is Dead Wrong: Obama's Fundamental Reset of American Foreign Policy Will Make America Safer and More Prosperous

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

Obama's recent trips to the G-20 and the Summit of the Americas have underscored his fundamental realignment of American foreign policy.

Following the London Summit, What's Next for the World Economy?

Jake Colvin | Posted 05.25.2011 | Business
Jake Colvin

The current economic climate presents a real danger to international stability and, ultimately, to U.S. national security. The time is right for a renewed commitment to trade.

Should We Be Grateful to China for Buying U.S. Treasuries?

Scott Lilly | Posted 05.25.2011 | Politics
Scott Lilly

Read the entire report at AmericanProgress.org. The current economic relationship between the United States and China is perilous for both countries....

EU vs US Food Fight Obama's First Foreign Policy Test?

Meathead | Posted 05.25.2011 | World
Meathead

Roquefort is an odd target since the Euro ban is on all US beef. The wonderful blue veined sheep cheese comes only from the area around the small town of Roquefort-sur-Soulzon.

Mexico Subjects 90 US Products To Tariffs After Trucking Dispute

AP | E. EDUARDO CASTILLO | Posted 05.25.2011 | World

MEXICO CITY — Mexico is imposing tariffs of 10 to 45 percent on dozens of U.S. exports ranging from fruit and wine to washing machines in retali...

Isolationist Policies On The Rise Threatening A Global Trade War: World Bank

Washington Post | Posted 05.25.2011 | World

At least 17 of the 20 major nations that vowed at a November summit to avoid protectionist steps that could spark a global trade war have violated tha...

Economic Meltdown or Back to Normal?

Hugh McGuire | Posted 05.25.2011 | Business
Hugh McGuire

The wealth of the past 10-15 years was illusory. The markets have in fact dropped back to where they "should" be.

State of the Union

Sen. Fritz Hollings | Posted 05.25.2011 | Politics
Sen. Fritz Hollings

The president mentioned Teddy Roosevelt's call for reform of health care costs, but he should have spent more time on Roosevelt's exclamation: "Thank God I'm not a free trader."

Asia: The Coming Fury

Walden Bello | Posted 05.25.2011 | World
Walden Bello

East Asia may be entering a period of radical protest and social revolution that went out of style when export-oriented industrialization became the fashion three decades ago.

Canada Welcomes Obama On First Foreign Trip

The Huffington Post | Catherine Lyons | Posted 05.25.2011 | World

UPDATE: 3:30 pm President Barack Obama tried to calm fears about American protectionism and assure Canadian Prime Minister Stephen Harper that he wan...

Trade War Brewing Over Obama's "Buy American" Policy

Huffington Post via The Times | Posted 05.25.2011 | Business

The Times (UK) reports on a brewing trade war between the EU and the US over President Obama's "Buy American" remarks: The European Union warned the ...

The Truth About the Stimulus Package

Amitai Etzioni | Posted 05.25.2011 | Politics
Amitai Etzioni

Until other countries are willing to do their share to stimulate the global economy, the Obama administration is right to lift our boat first.

EU Officials Warn Against US Protectionist "Buy American" Bill

Deutsche Welle | Posted 05.25.2011 | World

The United States will not get away with expanding a "Buy American" protectionist measures as part of its economic rescue plan, European Union officia...

One-Third of China's CO2 Emissions Made by the West

Alex Pasternack | Posted 05.25.2011 | Home
Alex Pasternack

In recent years, consumers in the US huffed over the dangers of Chinese-made goods to kids in the US. Now they and their governments might start thinking harder about what those goods are doing to kids in China.

How Globalization Set the Stage for the 2008 Economic Collapse

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

A good case can be made that the massive globalization of labor and financial markets, coupled with "free markets uber alles" policies, formed a toxic mixture that made the collapse inevitable. Here's why.

Ron Kirk Selected to Deliver on Obama's Campaign Pledge to Reform U.S. Trade Policies

Lori Wallach | Posted 05.25.2011 | Politics
Lori Wallach

Whether Ron Kirk is a good choice for trade representative will be determined by his ability to deliver on creating a new trade and globalization policy that benefits more Americans.

Protectionism Means Protecting Ourselves

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Some people make a lot of money for themselves by undermining our wage, safety and pollution standards. So they tell us that protecting ourselves is wrong.

John Edwards for Labor Secretary

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

Since Edwards left the race, how many times have we heard the word "poverty" uttered, much less had a national debate about poverty?

Demand for New Globalization Model Goes Mainstream as Fair-Trade Election Pick-Ups Move Congress' Views Closer to Public's

Lori Wallach | Posted 05.25.2011 | Politics
Lori Wallach

From the presidential race to both chambers of Congress, successful candidates in 2008 election races ran on a platform of fundamental overhaul of U.S. trade and globalization policies.

Detroit Has to be Saved

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The de facto Depression underway worldwide will trigger consolidations. Strong will eat weak; cash-rich will eat debt-laden and consumer spending will shrink along with economies.

Is the Economic Tide Coming In or Going Out?

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Adam Lerrick, an economics professor at Carnegie Mellon, heavily criticized Obama's economic policy and tax plan, claiming "The economic tides will not stand while Washington experiments with European-type social democracy."