International Trade

Senator Cornyn updates politicians, business leaders on Congress – News – Valley Town Crier

Pedro Perez IV WESLACO – At a luncheon hosted by the Rio Grande Valley Partnership at Knapp Medical Center United States Senator John Cornyn, R-Texas gave his State of the Congress address to leaders from the Rio Grande Valley. The Senator highlighted four topics including the North American Free Trade Agreement (NAFTA), The Border Wall, Deferred Action on Childhood Arrivals (DACA) and the new tax cuts. At the end of his address some like McAllen Mayor Jim Darling and Roger…

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State leaders are excited about opening Samsung facility despite possible tariff

Governor McMaster Says No Decision Has Benn Made Yet COLUMBIA, S.C. (WOLO) – Samsung officially opened it’s first American based appliance plant in Newberry County. This is big news for jobs in our state but the threat of a tax on product imports, also known as a tariff, is still a concern for some of our state’s highest ranking officers. Officials are still keeping a close eye on Washington D.C. where Governor McMaster said he testified twice, opposing a tax…

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‘Canada’s WTO complaint against US could scuttle NAFTA’ – Canindia News

Ottawa, Jan 12 (IANS) Canada has “thrown a grenade” at the US filing a complaint with the World Trade Organisation (WTO) against its southern neighbour’s use of trade sanctions, which might wreck their current North American Free Trade Agreement (NAFTA) negotiations, said an international trade law expert. “The odds are increasing that the United States might withdraw from NAFTA, which I’ve been of the view that it would be unlikely to do,” said Mark Warner, who runs MAAW Law, an…

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Japan posts current account surplus of ¥1.35 trillion in November

Japan posted a current account surplus of ¥1.35 trillion ($12 billion) in November on robust earnings from foreign investments, marking the 41st straight month of black ink, government data showed Friday. But the surplus shrank 5.6 percent from a year ago as trade-reliant Japan had a smaller trade surplus of ¥181.0 billion in November due to a surge in imports. It marked the first year-on-year drop in five months, the Finance Ministry said in a preliminary report. Imports gained by…

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Trade spat may raise newsprint prices, alarming newspaper industry

PLATTSBURGH | An escalating trade dispute between the U.S. and Canada has newspaper leaders rattled over a new tariff that may drive up costs for an already struggling industry.  The U.S. Department of Commerce issued a preliminary decision on Tuesday to impose tariffs on the newsprint used by newspapers and book publishers nationwide. The measure, which would impose tariffs of up to 10 percent of the import of uncoated groundwood paper from Canada, is a result of a petition brought…

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Canada US Trade | Colorado Springs Gazette, News

Minister of International Trade Francois-Philippe Champagne speaks to the media on the first day of the Liberal government’s cabinet retreat in London, Ontario on Thursday, Jan. 11, 2018. The meeting comes a day after the loonie and Mexican peso plunged after reports that the Canadian government is more convinced than ever that President Donald Trump is poised to serve notice that he’s pulling the US out of the North American Free Trade Agreement. (Geoff Robins/The Canadian Press via AP)  Minister…

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Protect American ideas through trade

We often take for granted that the “ordinary” things we use every day are in fact extraordinary inventions and breakthroughs that took years of investment, hard work, and commitment to bring to life.  Among these are the technologies that allow you to watch a movie on a streaming platform or to read the new novel from your favorite author on your smartphone or tablet, or the life-saving medicine that wasn’t around 10 years ago, or even 10 months ago. Most…

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Alan Bridevaux of Doug Rushing Realty Earns Seller Representative Specialist (SRS) Designation – International Trade News Today

Doug Rushing Realty Alan Bridevaux uses his decades of experience in the real estate industry to earn the coveted Seller Representative Specialist (SRS) Designation. SRS certification has ensured I have the skills, knowledge and resources to provide clients with exceptional service, whether they’re buying timberland or recreational land. ” — Alan Bridevaux JACKSON, MISSISSIPPI, UNITED STATES , January 10, 2018 /EINPresswire.com/ — Today, Doug Rushing Realty Inc., a real estate firm that provides services in Mississippi and Louisiana, announced that…

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MITI hopes to announce National Industry 4.0 policy before mid-year | Money

In November 2017, Malaysia’s total trade surged by 14.8 per cent to RM157.05 billion compared with the corresponding month of last year. — AFP picRAWANG, January 10 — The Ministry of International Trade and Industry (MITI) hopes to announce the National Industry 4.0 policy framework before mid-year, said Deputy Minister Datuk Chua Tee Yong. He said the framework, currently at the last stage of drafting, would be announced by the MITI Minister, Datuk Seri Mustapa Mohamed. “It’s in the progress. We…

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Foreign banks in India: Lenders from China, Iran and others likely to set up branches

Foreign banks in India: At least 14 foreign banks are likely to open branches across India. Four banks from South Korea, three from Iran, two each from China and the Netherlands have applied for setting up branches and wholly-owned subsidiaries in the country. Foreign banks in India: At least 14 foreign banks are likely to open branches across India. Four banks from South Korea, three from Iran, two each from China and the Netherlands have applied for setting up branches…

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TNSC: Rebound to continue | Bangkok Post: business

Thailand’s exports are expected to grow 5.5% this year after a strong rebound last year, says the Thai National Shippers’ Council (TNSC). Ghanyapad Tantipipatpong, TNSC chairwoman, said exports will remain on course to reach US$230 billion (7.42 trillion baht) for 2017, boosted by growing international trade and global economic expansion. Other key drivers include economic growth of key trading partners, strong demand for Thai goods in the global market, rising oil prices and resumed political contact with the EU after…

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Time for Trump to defend US against China on steel

China’s President Xi Jinping arrives for the APEC Summit in Danang Thomson Reuters The US steel industry is under assault from foreign producers like China. China has taken advantage of a US reduction in steel production. President Donald Trump must take action to combat China on steel. Todd Leebow is the President and CEO of Majestic Steel USA, a Cleveland, Ohio-based steel service center and master distributor of steel. There is a trade war against our domestic steel industry and communities…

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Rural broadband and other takeaways from president’s speech to nation’s farmers

CLOSE Highlights from Donald Trump’s speech at the American Farm Bureau Federation Convention Ayrika Whitney/USA TODAY NETWORK – Tennessee Buy Photo President Donald Trump shares the stage Gov. Bill Haslam, Rep, Diane Black, Agriculture Secretary Sonny Perdue Sen. Lamar Alexander, and Rep. Marsha Blackburn and other lawmakers at Gaylord Opryland Resort & Convention Center Monday, Jan. 8, 2018 in Nashville, Tenn.(Photo: Shelley Mays/The Tennessean )Buy Photo President Donald Trump spoke to nearly 5,000 people at the Gaylord Opryland Resort & Convention…

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On Trade America May Go To War With Itself

With tax reform successfully completed, Congress and the Trump administration will now turn to other areas in which policies must be adjusted to bring about the revitalization of the American economy. One of the most important of these is trade. As a presidential candidate, Donald Trump turned the global establishment on its ear by promising to put an end to the Trans-Pacific Partnership, to renegotiate the North American Free Trade Agreement and to revisit other trade pacts that, in his…

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Trump touts tax law, rural broadband initiative in farm bureau speech

President Donald Trump used a Monday speech at the American Farm Bureau in Nashville to take a tax cut victory lap and sign two measures aimed at providing better rural broadband internet access. Trump, surrounded by a supportive audience of farmers and agriculture executives, cast himself as the first president in decades to focus on rural America and argued that the new tax law allows more farmers to keep money in their pockets and reinvest in their companies. “In every decision…

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