The U.S. Census Bureau reported Friday that the January goods and services trade deficit was an enormous, humongous $45.68 billion. The January goods deficit was $63.7 billion, offset by an $18 billion services surplus. Both imports and exports were down, but exports hit a 5 1/2-year low thanks to a “strong” dollar, currency manipulation and …
Enormous, Humongous January Trade Deficit Hits Jobs, Wages Read More »
It’s lights out in Lorain on March 31. The town’s steel mill, site of a new electric arc furnace and $120 million investment, had given 1,200 Ohioans good middle-class jobs this time last year. But by April, a relentless avalanche of underpriced Chinese steel will have shoved all but a fewof those workers into the …
The U.S.–Korea Free Trade Agreement (KORUS–FTA) turns 2 years old Saturday and imports from Korea continue to flood into the United States, costing workers their jobs. Exports to Korea have failed to live up to the promises made when the agreement passed Congress, says United Steelworkers (USW) President Leo W. Gerard. The agreement, he says: …
Is Korea FTA Job Loss, Deficit Growth a Harbinger of TPP? Read More »
How is it that America finds herself in the position of schoolyard patsy, woe-is-me victim of China’s illegal trade practices that are destroying U.S. renewable energy manufacturing and foreclosing an energy-independent future? Come on, America. Stand up for yourself. Tell China that America isn’t going to hand over its lunch money anymore; international trade law will be enforced now. That’s the demand the United Steelworkers union made this week when it filed suit detailing how China violates a wide variety of World Trade Organization obligations.
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
