Say anything – literally anything – to sway working-class voters. Get elected, then loot the country. Hey, it worked for this guy. If there was a singular issue Trump campaigned on, it was trade. Everywhere he went, Trump swore the North American Free Trade Agreement (NAFTA) was “the worst trade deal maybe ever signed anywhere” and “a rape …
Yesterday, the World Trade Organization (WTO) ruled that China had illegally blocked the export of Chinese raw materials. Chinese tightening of raw material exports had the effect of artificially reducing prices for Chinese goods, because non-Chinese manufacturers couldn’t obtain materials as cheaply as Chinese firms could. “The panel found that China’s export duties were inconsistent …
WTO Finds China Broke Trade Laws, But Steelworkers President Says Action Not Enough Read More »
China illegally subsidizes its export industries and unlawfully manipulates its currency. That kills U.S. industry and destroys U.S. jobs. On June 19, China announced it would allow its currency value to rise on international markets. And then it didn’t. That’s flipping the bird at America. Before China’s June 19 promise, U.S. Senators and Congressmen proposed legislation that would force the U.S. Treasury Department to even the score with China. Pass the legislation. It’s time for America to flip the bird back.
The Obama administration has taken some nice first steps toward a more worker-friendly vision of global trade. New free trade agreements pushed by the Bush Administration, such as those with Colombia and South Korea, are apparently getting some deep re-thinking – or at least, being put on the back burner while the new Administration sorts …
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.
