Reposted from Sept 14 2105 Airbus has announced that is now an an American firm. Following Boeing’s lead Airbus has overseased its new plant to low wage, anti union Mobile, Alabama . The site at Mobile, Alabama is the result of a $600 million, (530 million euros), investment by Europe’s [...]
Posts Tagged ‘trade’
October 14th, 2018 - 10:47 pm § in Misc.
Airbus Sends Jobs to America. Is Alabama part of America????
August 27th, 2018 - 10:16 am § in Donald Trump, Foreign Affairs
TRADE DEAL: It is in the details!
The details of the Mexico:US Trade agreement: It looks to me as if some good could come out of the Trump admin. Reuters, reports that the agreement with Mexico requires 75% of an automobile’s value to be manufactured in North America, up from NAFTA’s current level of 62.5%. It wo[...]
March 4th, 2018 - 12:18 pm § in Donald Trump
About those steel and aluminum tariffs …
Stocks dropped last week after Trump announced his intention to impose tariffs on steel and aluminum imports. He didn’t base this action on economic arguments, but on national security, which makes sense. If we depend on Santa’s Workshop for steel needed for defense, and get into a confl[...]
April 27th, 2017 - 4:09 pm § in Donald Trump
CANADA TO TRUMP: You tax our wood, we ban your coal
B.C. Premier responds to U.S. softwood duties by seeking a ban on U.S. coal transport through B.C. In the wake of the U.S. imposing new penalties on Canadian softwood lumber imports, Christy Clark is asking Ottawa to ban the shipment of all thermal coal —… CBC.CA[...]
October 24th, 2016 - 8:37 pm § in Misc.
AFTER TRUMP: Repairing TPP and NAFTA
Want to help free trade’s ‘losers’? Make ‘adjustment assistance’ more than just burial insurance Marina v. N. Whitman, University of Michigan Trade adjustment assistance, dubbed ‘burial insurance’ by those it’s supposed to help, needs to be significantly reformed so that fut[...]
April 16th, 2015 - 11:32 am § in Misc.
TPP is on its way
Reuters reports that U.S. senators have agreed to a bipartisan bill to move trade deals quickly through Congress . The key element was agreement on aid for workers hurt by trade. Fast track authority restricts Congress to a yes-or-no vote in exchange for setting negotiating objectives, laying out h[...]
CHINA: #1
China has just overtaken the United States as the world’s largest economy. Meanwhile China is evicting the last of the demonstrators in Hong Kong. Who is still on Hong Kong’s streets? Nobel Laureate Joseph E. Stiglitz explains what this means in Vanity Fair. Excerpts: “2014 was [...]
November 24th, 2014 - 11:09 pm § in China
China integrates with Europe and India by train
China launches world’s longest train route from Yiwo to Madrid Washington, Nov 22, 2014: China’s new train will take 21 days to travel 6,200 miles and pass through six other countries as it moves goods from the industrial city of Yiwu to the Spanish capital, Madrid, marking the longest[...]
Commentary by Norm: Is Free Trade Good For Us? Pt. 3.
Continuing the thread about free trade Auto workers in Japan and Germany have been paid more than UAW workers in this country have for more than three decades. Your suspicions are flat out wrong. The problem with the cost of building US cars is primarily, tho not exclusively, the cost of worker [...]