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Entries in united states (10)

Wednesday
May102017

Global Supply Chains Explained … in One Graphic

U.S. Chamber of Commerce

May 10, 2017

Boeing Airplane that shows how different parts come from different places to make one plane
Global supply chains are complicated and critical, with many moving pieces.

The economic security of all businesses is on the line, and breaking down barriers and global borders unleashes the potential for increased competitiveness.

In an effort to simplify the importance of global supply chains, take a look at the graphic above.

Many pieces – from across the United States, Europe, Asia and Australia – with one grand result: a Boeing 787. Get the picture?

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Tuesday
May022017

Trump Open to Raising Gas Tax, Says Truckers Back Higher Price for Highways

Transport Topics

May 2, 2017

President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations.

“It’s something that I would certainly consider,” Trump said May 1 in an interview with Bloomberg News in the Oval Office, describing the idea as supported by truckers “if we earmarked money toward the highways.”

Trump released a tax plan April 26 that would cut the maximum corporate tax rate to 15% from the current 35%. The same reduced rate would apply to partnerships and other “pass-through” businesses

He said he is willing to lose provisions of his tax plan in negotiations with Congress but refused to specify which parts. He also repeated his call for a “reciprocal tax,” which would be aimed at imposing levies on imports to match the rates that each country charges on U.S. exports.

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Tuesday
Apr252017

With NAFTA, Mexico and the U.S. build things together 

The Dallas Morning News

April 25, 2017

Since NAFTA was signed 24 years ago in my hometown of San Antonio, U.S. trade with Mexico and Canada has more than tripled, and there is no question that Texas has benefited the most. With easy access to two of the busiest U.S. ports of entry via land and sea — Laredo and Houston — it is no surprise that Texas exported more than any other state in 2014, almost $300 billion-worth to countries worldwide. Across the U.S., all but ten states depend on Canada or Mexico as their largest export markets.

While "free trade" has been blamed for job losses in many parts of the nation, as of 2014 nearly five million jobs across the U.S. depend on trade with Mexico. These jobs are not just in Texas. In 2015, Mexico was the first or second export destination for 30 out of 50 states.

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Tuesday
Apr252017

A reelection challenge (almost) as big as Texas

The Washington Post

April 25, 2017

Texas Rep. Will HurdTORNILLO, Tex. — Midterm elections are known to be brutal on the party in power, and if there is an anti-Republican wave in 2018, look for it to touch shore right here.

The vast, volatile 23rd Congressional District of Texas is bigger in area than 29 states. It stretches from San Antonio to El Paso and includes about one-third of the entire U.S.-Mexico border.

Its overwhelmingly Latino electorate last year went for Democrat Hillary Clinton in the presidential race. But it also reelected a Republican to the U.S. House — one of fewer than two dozen in the country to split that way.

Rep. Will Hurd narrowly won a second term in what turned out to be the most expensive House race in Texas history. Democrats have put Hurd’s seat in their top five targets in 2018. He will also be running to beat the fickle tendencies of a district that has ousted four different incumbents since 2006.

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Tuesday
Apr112017

Cities want to believe in the hyperloop because US infrastructure is so bad

The Verge

April 11, 2017

Shailen Bhatt, the executive director of Colorado’s Department of Transportation, has high hopes for the hyperloop. He would like to see one cutting right through the middle of the Rocky Mountain State, connecting half a dozen cities, reducing travel time from hours to mere minutes, and bolstering Colorado’s image as a high-tech destination.

“Freight rail moves freight, high-speed rail moves passengers,” Bhatt said, “Hyperloop has the potential to do both.”

Never mind the fact that no human or freight has ever traveled by hyperloop for the simple reason that there are no hyperloops anywhere in the world. Despite the millions of dollars committed by hopeful investors, the technology has yet to be tested in any meaningful way. LA-based startup Hyperloop One says it just finished its half-kilometer-long test track in the desert north of Las Vegas, and in a few months it will conduct its first full-system test. But as of now, the hyperloop only exists in the spreadsheets and PowerPoint presentations of Hyperloop One’s marketing team.

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Tuesday
Apr112017

Why Trump’s $1 trillion infrastructure plan could wind up in a ditch

Politico

April 11, 2017

President Donald Trump is counting on his $1 trillion infrastructure proposal to produce the kind of bipartisan legislative victory that has eluded him on health care and pretty much everything else.

Instead, he’s running into familiar roadblocks: suspicious Democrats, a divided GOP and questions about the math.

Trump’s plan, expected to be released as early as May, has already faced months of skepticism from some conservative deficit hawks — even though it’s likely to call for far less direct federal spending than its eye-popping price tag implies. Meanwhile, Democrats are crying foul at suggestions that the blueprint will include hefty tax breaks for private investors and a shredding of permit requirements.

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Tuesday
Apr112017

NAFTA has staying power, especially if Texas supporters keep speaking out 

The Dallas Morning News

April 11, 2017

Geronimo Gutierrez Fernandez, Mexico Ambassador to U.S.In one of his first acts in Washington, President Donald Trump pulled the United States out of the Trans-Pacific Partnership, a controversial trade deal involving a dozen countries.

Unwinding the North American Free Trade Agreement with Mexico and Canada would be much tougher, even if Trump wants to go there.

That’s no accident. Before NAFTA took effect 23 years ago, Mexico was angling for more than easy access to U.S. consumers, which is usually the primary goal for a developing country.

Mexico wanted an accord that would also benefit the U.S. and Canada, and strengthen economic ties among all three countries. Such multi-sided trade deals are more stable and durable, and that’s helpful when there’s a change in popular opinion -- or elected leaders.

NAFTA has created impressive growth in trade and jobs, especially for Texas. But it’s also spawned large networks of suppliers and manufacturers whose goods often criss-cross the border before final assembly.

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Wednesday
Mar292017

Optimism rising for infrastructure deal

The Hill

March 29, 2017

President Trump’s $1 trillion infrastructure plan is grabbing some of the spotlight in Washington after Republicans’ bruising defeat on healthcare.

The rebuilding package was expected to sit on the sidelines until the fall, but lawmakers on Capitol Hill think that timeline could be accelerated with more room on the legislative agenda and an administration eager to score a victory.

“This just leapfrogged,” Rep. Lou Barletta (R-Pa.), who was on Trump’s transition team, told The Hill. “This is something the president has wanted to do. But with healthcare pushed to the back burner, I believe that it’s infrastructure that gains steam.”

“It moves everything up if you take [healthcare] out,” said Sen. James Inhofe (R-Okla.), chairman of the Environment and Public Works Committee’s subcommittee on transportation and infrastructure.

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