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Entries in united states (18)

Thursday
Nov302017

How to Keep NAFTA Dressed for Success

U.S. Chamber of Commerce

November 30, 2017

Textile and apparel executives, and their U.S. workers, are nervously eyeing the ongoing negotiations to modernize the North American Free Trade Agreement (NAFTA). Concerns around possible job losses in this sector are running high and rising.

If you had read those statements in the mid-1980s, you might assume this sector was hoping trade talks would unravel, due to threats of foreign competition. Some still believe that to be the case, but they are mistaken.

What a difference a generation makes.

To understand why NAFTA helps the U.S. textile and apparel industry compete, you need only understand one number: 97.

That is the percentage of clothes that are purchased every year by Americans and produced offshore. We still make clothes here in the United States — primarily for fast turns, for the military, and for special programs — and we always will. But the bulk of our clothing is sewn offshore.

Asian countries own a good chunk of that 97%. Six of our top ten clothing suppliers are in Asia with China leading the way at about 40% market share. But the other four top suppliers are in the Western Hemisphere, and they include Mexico — one of our two NAFTA partners.

Read on...

Thursday
Nov162017

Terminating NAFTA Would Devastate American Agriculture: The View of a Wheat Farmer

U.S. Chamber of Commerce

November 16, 2017

On average 50% of wheat grown in the United States is exported around the world, making trade a vital market to myself and fellow wheat growers. Our main message in North American Free Trade Agreement (NAFTA) re-negotiations is “Do no harm.”

NAFTA is one of our most important trade agreements. Just last year alone, Mexico was our largest export market with about three million metric tons of wheat and is consistently in the top ten. Prior to NAFTA, U.S. wheat was subject to high tariffs and other trade barriers in Mexico. With zero duties and lifted tariffs, exports to Mexico increased by 400% ten years after implementation of NAFTA, compared to ten years prior to NAFTA.  

While we hope calls for withdraw are just rhetoric, we are taking this threat very seriously. In fact, threats alone have already hurt U.S. wheat. When it comes to commodities, if a customer is unsure of the reliability of their source, they will look to our competitors. Mexico has done just that after a trade mission to Argentina and Brazil in May which led to Mexican millers purchasing Argentina wheat. The first shipment purchased by eight companies will be made in late December and will be 30,000 metric tons of wheat as a trial.

Tuesday
Nov072017

Top GOP Senator won’t rule out gas tax hike for infrastructure upgrades

The Hill

November 7, 2017

The Senate’s No. 3 Republican left the door open on Tuesday to raising the federal gasoline tax to pay for infrastructure improvements — an idea currently being considered by the White House, but one that has repeatedly run into a buzz saw of opposition on Capitol Hill. 
“I’m not ruling out anything at this point,” Sen. John Thune (R-S.D.), chairman of the Commerce, Science and Transportation Committee, told reporters. “I think we need to keep our options open in terms of how we get that done.” 
“We have members who are open to all ideas about how to pay for [infrastructure],” he added. 
White House officials told a group of moderate House lawmakers last week that they are considering a gas tax hike to help offset President Trump’s infrastructure proposal. 

An industry source told The Hill that the administration is eyeing a 7-cent increase, though it’s unclear if the proposal would be included in the initial infrastructure legislation or if the administration will push to have it added at the committee level. 

It would be the first hike in the federal gasoline tax in over 20 years. The Highway Trust Fund, which provides money for road construction and other transportation projects across the country, is financed by a federal fuel tax of 18.4 cents per gallon of gasoline and 24.4 cents per gallon of diesel fuel. 
“If anything is done on the Highway Trust Fund, it will happen in the context of an infrastructure discussion,” Thune said. “If that’s what we’re going to use to pay for infrastructure in this country, then we’ve got to figure out a way to fund the trust fund.”
Monday
Sep112017

NAFTA's Impact On Cattle, Protein Trade

CattleFax

September 11, 2017

Trade representatives of the United States, Mexico and Canada declared “progress” but unveiled no breakthroughs at the most recent second round of talks to revise the North American Free Trade Agreement (NAFTA). Warnings have been expressed from U.S. agricultural producer organizations about the harm that would come from blowing up the decades-old trade arrangement.

When it comes to cattle imported into the U.S. from Mexico and Canada, combined is just over a million head per year, or about two weeks of cattle slaughter. When looking at all proteins -- beef, pork and poultry -- to stop all trade with Canada and Mexico would put 250 million pounds back on the U.S. market net. Yet it could have a significant impact on the market individually, such as poultry as we export significant amounts to Mexico.

The NAFTA talks are expected to last at least through the end of this year, with venues rotating among the three nations. The just-concluded five-day session in Mexico City followed an initial round last month in Washington.

 

Thursday
Aug172017

NAFTA Helps Small Business Manufacturers Grow

U.S. Chamber of Commerce

August 17, 2017 

Nearly two decades ago, Drew Greenblatt purchased a small manufacturing business in Baltimore, Maryland. Since then, he has nearly doubled the number of employees at Marlin Steel Wire Products. Over that same period, he doubled the firm’s sales. Then he doubled that. Then he doubled it again.

In large measure, Greenblatt’s success and Marlin Steel’s growth have been fueled by exporting the company’s wire baskets, wire forms and sheet metal products to customers abroad, with more than a quarter of the company’s revenue now stemming from international sales. Looking at it another way, seven of the Marlin Steel’s 29 workers’ jobs are directly tied to the company’s exports.

Greenblatt would like to see that number continue to grow.
From a business perspective, the foremost goal of U.S. trade policy should be to tear down barriers so companies like mine can start exporting to new markets … Free trade agreements have helped us accomplish this in the past and will help our business grow in the future.
No trade deal, Greenblatt adds, has been more critical to the company’s success than the North American Free Trade Agreement, commonly known as NAFTA.

Wednesday
Jul122017

Second International Bridge

Zocalo

July 12, 2017 

Acuna, Coah.- The mayor, Evaristo Lenin Pérez Rivera, reported that he will be accompanied by the mayor of Del Rio, Texas, Robert Garza, to the port of Mazatlán, to participate in the border crossing meeting, which is being convened by the Secretariat Of Public Relations, for the month of August. 
Acuña and Del Rio, Texas, will present the project for the authorization of the second international bridge, which will allow the South Texas and Coahuila state business competition to be depleted. 

He pointed out that they are being summoned by the Ministry of Foreign Affairs, as well as international organizations and various agencies of the federal government, to present the projects for the authorization of border crossings, where the mayor, Assured that the project of the second international bridge for Acuña will have to be presented, which has already approved the location by both cities, which was presented in Mexico City. 

He said that it will not touch the current administration to see the start of construction of the second international bridge, but, it is responsible for working on large projects, which give the municipality the opportunity of greater competitiveness, noting that it will correspond to the next administration , Work in the negotiations, so he assured that he will go to the city of Mazatlan, Sinaloa, to present a solid project, so that he does not lose track and thus avoid being out of budgets and resources Which are intended for the preparation of all technical projects, Seeking to integrate it into the binational Mexico-United States agenda. 

He said that fortunately on our border there is an increase in border crossings and said, that this is one of the arguments that must be justified so that in the next 5 years, can start with the construction of the second international bridge.

 

Friday
Jun232017

Canada’s Trump Strategy: Go Around Him

The New York Times

June 23, 2017

As President Trump disrupts alliances across the map, nearly every level of government in Canada has taken on new duties in a quietly audacious campaign to cajole, contain and if necessary coerce the Americans.

Prime Minister Justin Trudeau’s strategy for managing Mr. Trump is unlike anything tried by another ally. And he has largely succeeded where even experienced leaders like Angela Merkel of Germany have fallen short.

More than perhaps any other country, Canada relies on the United States, which accounts for 70 percent of its trade. Its sizable manufacturing industry is tightly integrated with American production, meaning even a slight hardening of the border or prolonged trade negotiations could put its economy at risk.

Laid in the first days after Mr. Trump’s election win, the plan even enlists Brian Mulroney, a former Conservative prime minister and political nemesis of Mr. Trudeau’s father, who had also been prime minister. Mr. Mulroney knows Mr. Trump and his commerce secretary, Wilbur Ross, from social circuits in southern Florida, where all three keep vacation homes.

Read on...

 

Tuesday
Jun202017

Manufacturers Group Names Five Keys To Modernizing U.S. Infrastructure

Associations Now

June 20, 2017

The U.S. is beginning to lose its infrastructure advantage, which could have wide-ranging consequences, according to the Association of Equipment Manufacturers. The group is offering a five-step plan to help reverse this decline.

The United States is underinvesting in infrastructure and, as a result, is in danger of losing its standing on the global economic stage, says a report published earlier this month by the Association of Equipment Manufacturers (AEM).

For average Americans, the effect is visible: passengers frustrated by delays caused by power outages and other failures in public transit, commuters ensnared in traffic jams because of structurally declining highway systems, and businesses uprooting their operations to invest in countries with expanding infrastructure.

In “The U.S. Infrastructure Advantage,” AEM offers five key steps that policymakers and infrastructure stakeholders can take to put the U.S. on the path to reclaiming its infrastructure advantage:
  • focus on networks and systems
  • maximize use of smart technology
  • ensure rural-urban connectivity
  • expedite project delivery
  • provide adequate and reliable resources

Since AEM’s members and stakeholders rely heavily on a network of roadways, highways, waterways, and ports to meet delivery needs, they are well acquainted with the current state of U.S. infrastructure. “They are the ones that have the real stories to tell about how this impacts their businesses and how this impacts their lives,” said Kate Wood, campaign director of AEM’s Infrastructure Vision 2050 initiative, which released the report.

Read on...