CURRENCY MANIPULATION

HUFFPOST VIDEO
Schumer Dares Trump On China Currency Manipulation
Senate Minority Leader Chuck Schumer dared President Trump to make good on his promise to label China a currency manipulator on day 1. China's actually been manipulating currency in a helpful way to the United States, recently.
POLITICS
No, Currency Changes Wouldn't Make a Tariff Pointless
By Ian Fletcher & Jeff Ferry, Contributor
Advisor & Research Director, Coalition for a Prosperous America
One of Trump's options, to redress America's horrendous $500-billion-a-year trade deficit, is to impose a tariff. That is
POLITICS
Trump Must Confront Massive Institutional Free-Trade Bias in Order to Balance Trade, Create Jobs
By Kevin L. Kearns, Contributor
President, U.S. Business & Industry Council (USBIC)
It's a tricky ride, and one fraught with political and economic conflict. But it's a necessary one in order for President Trump to keep his promises, rebuild a preeminent U.S. economy, and create good jobs and a higher standard of living for all Americans.
POLITICS
Free Trade Bromides Wrecking America
By Kevin L. Kearns, Contributor
President, U.S. Business & Industry Council (USBIC)
Free trade not only cures cancer but also prevents aging! That should have been the lede of Douglas E. Schoen's Fox News recent op-ed this explaining his boundless, fact-challenged enthusiasm for free trade.
POLITICS
Hillary Clinton's Evasive, New Non-Policy On Trade.
By Kevin L. Kearns, Contributor
President, U.S. Business & Industry Council (USBIC)
We have Trump offering quite specific policies, and taking extreme heat for them. Hillary Clinton's strategy is, apparently, not to be pinned down. In other words, she has adopted a political strategy, not a substantive one.
A worker checks a mask of U.S. Republican presidential candidate Donald Trump at Jinhua Partytime Latex Art and Crafts Factory in Jinhua, Zhejiang Province, China, May 25, 2016. There's no masking the facts. One Chinese factory is expecting Donald Trump to beat his likely U.S. presidential rival Hilary Clinton in the popularity stakes. At the Jinhua Partytime Latex Art and Crafts Factory, a Halloween and party supply business that produces thousands of rubber and plastic masks of everyone from Osama Bin Laden to Spiderman, masks of Donald Trump and Democratic frontrunner Hillary Clinton faces are being churned out. Sales of the two expected presidential candidates are at about half a million each but the factory management believes Trump will eventually run out the winner. "Even though the sales are more or less the same, I think in 2016 this mask will completely sell out," said factory manager Jacky Chen, indicating a Trump mask. REUTERS/Aly Song SEARCH "JINHUA MASK" FOR THIS STORY. SEARCH "THE WIDER IMAGE" FOR ALL STORIES. TPX IMAGES OF THE DAY
Aly Song / Reuters
BUSINESS
Trump's Obsession With Chinese Currency Manipulation Is Sooo 2014
By Shane Ferro
It's unclear whether that matters to voters who lost their jobs to Chinese exporters, though.
BUSINESS
American Workers Crushed Under China's Deliberate Overproduction
By Leo W. Gerard, Contributor
International President, United Steelworkers
China makes way, way too much steel. In 2015, it produced nearly 500 million tons more than it needed. Production of that steel was subsidized by the Chinese government in ways that violate international trade rules, so the price was artificially low. And China suppresses the value of its currency, further falsely reducing the cost of the steel.
POLITICS
Will Hillary Repudiate Bill on the China Trade?
By Peter Navarro, Contributor
UC-Irvine Business Professor, Author of Crouching Tiger: What ...
A rock and a hard place. Scylla and Charybdis. Sanders and Trump. These are just some of the metaphors and men Hillary Clinton finds herself caught between on the trade issue.
POLITICS
When a Coin Drops in Asia, Jobs Disappear in Detroit
By Leo W. Gerard, Contributor
International President, United Steelworkers
The Economic Policy Institute found that currency manipulation is the most important cause of America's massive trade deficits with TPP countries. Trade deficits mean products are shipped to the United States rather than made in the United States. The math is simple.
MEDIA
The Wall Street Journal's War on Donald Trump
By Peter Navarro, Contributor
UC-Irvine Business Professor, Author of Crouching Tiger: What ...
As Donald Trump continues his Shermanesque march through the Republican primaries, the Wall Street Journal continues to fire relentless volleys of cheap shots, pot shots, and the paper's much hoped for gut shot. Just consider last week's run-up to what would be Trump's resounding South Carolina victory.
POLITICS
America's 'China Trade Deficit' Hits Critical National Security Mass
By Peter Navarro, Contributor
UC-Irvine Business Professor, Author of Crouching Tiger: What ...
It's not just that American consumers are helping to finance the construction of China's war machine. There is also the creeping loss of control over core strategic elements like the US food chain.
BUSINESS
Navarro's Forecast: Recession Clouds With a Chance of Trump
By Peter Navarro, Contributor
UC-Irvine Business Professor, Author of Crouching Tiger: What ...
The global economy is suffering from a chronic structural disequilibrium driven by widespread currency misalignments.
BUSINESS
The Top Financial Journalist of 2015
By Janet Tavakoli, Contributor
President, Tavakoli Structured Finance
It is a brief portrait of D.C.'s dysfunction and delusion followed by its declaration of victory over compromises on goals that should never have been goals in the first place.
POLITICS
Joy to the Workers
By Leo W. Gerard, Contributor
International President, United Steelworkers
In keeping with the figgy-pudding and potato latke traditions of the holidays, here's a recipe for delivering joy to workers so that they can spread holiday merriment.
POLITICS
Burn the TPP
By Leo W. Gerard, Contributor
International President, United Steelworkers
Division and diversion help the one percent capture government, securing policies that further enrich the rich, like trickle-down economics under which no benefits ever actually descend, bailouts for Wall Street but not Main Street and job-destroying trade deals like NAFTA and the proposed Trans-Pacific Partnership.
POLITICS
The TPP: Another Deadly Trade Deal
By Leo W. Gerard, Contributor
International President, United Steelworkers
For decades, the regulations for international commerce, for so-called free trade, have lined the pockets of the already wealthy and emptied those of workers thrown out of their jobs.
POLITICS
The TPP Announced Today Simply Fails to Represent Domestic US Manufacturing Interests
By Kevin L. Kearns, Contributor
President, U.S. Business & Industry Council (USBIC)
This morning, the White House announced the clinching of a TPP trade deal. Unfortunately, the agreement negotiated by President Obama is completely inadequate to serve the interests of America's manufacturers, industrial workers, farmers, and other segments of the U.S. economy. 
POLITICS
Helpful Public Policy Would Make It a Great Manufacturing Day
By Scott Paul, Contributor
President, Alliance for American Manufacturing
I'm happy to be celebrating manufacturing and Made in America. Heck, I do it every day. But I must admit: I get a bit aggravated by politicians who readily treat factory workers and their hardhats as political props but fail to deliver on public policies.
POLITICS
TPP: Currency Manipulation Will Allow Our Trade Partners to Skirt the Deal
By Roger Johnson, Contributor
Contributor
Currency manipulation has become our trade competitors' favorite maneuver for skirting massive trade deals as soon as they sign them, and it's about to happen again. The result of currency manipulation, as it occurs after trade agreements, is that it's nearly impossible for the U.S. to get a fair shake in these deals.
POLITICS
What President Obama Should Say to President Xi on Trade
By Gilbert B. Kaplan, Contributor
Former Deputy Assistant and Acting Assistant Secretary of the ...
What are President Obama's goals in the international trade area when President Xi visits the United States next week? I worry that there is not one among them that will change the U.S. trade picture. And unfortunately, when we look at the trade relationship with China, there is much that needs to be changed.
POLITICS
China's Stock Market Mess Belies Bigger Problems for the United States
By Scott Paul, Contributor
President, Alliance for American Manufacturing
The recent cratering of the Chinese stock market left some scars on our 401(k) plans and dominated recent headlines. Some called it a correction. I tend to think of it as another glimpse into the crazy house-of-cards economy in China.
ENTERTAINMENT
Trump Excels at Business, But He Has No Business in International Politics
By Michael Shammas, Contributor
Writer & Lawyer
Business isn't simple; foreign policy isn't either. If Trump wants to be taken seriously by the general electorate, he should demonstrate the nuanced understanding of foreign policy exemplified by candidates ranging from Jeb Bush to Hillary Clinton.
BUSINESS
China's Currency Manipulation Should Serve as a Warning About TPP
By James P. Hoffa, Contributor
General President, International Brotherhood of Teamsters
At a time when income inequality is running rampant in the U.S., workers don't need even more "free" trade agreements that will further strip this nation's economy of middle-income jobs.
BUSINESS
China Protects its Workers; America Doesn't Bother
By Leo W. Gerard, Contributor
International President, United Steelworkers
Currency manipulation violates free market principals, but for China, doing it makes sense. This potent action by a major economic competitor raises the question of when the United States government is going to stop pretending currency manipulation doesn't exit.
BUSINESS
Banksters Are Sorry They Took Your Money
By Phil Davis, Contributor
The Phil in Philstockworld.com - America's #1 Stock Market New...
2 billion dollars! That sounds like a lot of money but this fine is nothing more than a slap on the wrist for the eight (so far) banks that are settling lawsuits for blatantly manipulating (allegedly) the $5.3 trillion foreign-exchange market.
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