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Trade News Archive: 1 July - 7 July
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The AmericanEconomicAlert.org News Article Rating System
As well as providing fresh news reports every day, AmericanEconomicAlert.org offers a uniques news rating system. Each news item below has been given a rating from 1 to 5 stars, depending on its importance and relevance to U.S. international economic and trade policy.
 

Monday, July 06, 2015
Huntersville plant to be sold to U.S. cable manufacturer
Charlotte Business Journal

• Comment: "The Swiss-owned ABB Inc. cable plant in Huntersville will soon have a new, U.S.-based owner. Southwire Co. of Carrollton, Ga., which says it’s the largest U.S. cable and wire manufacturer, has a deal to purchase the plant for an undisclosed price."
Trade Deal Negotiators See a Wrap in Late July
New York Times

• Comment: "Outstanding controversies include access to Canada’s agriculture market, Australian concerns over American pharmaceutical patent rules, Peru’s rain forest management, Chinese components in Vietnamese textile exports and labor organizing rights in Vietnam and Mexico. The dispute over access to Canada’s protected dairy and poultry markets is so fierce that some participants say they believe Canada could drop out of the talks."

Sunday, July 05, 2015

Friday, July 03, 2015
"There Are Obvious Signs Of Distress" In The Manufacturing Industry
Zero Hedge

• Comment: "There are some obvious signs of distress in the manufacturing community, as the expected wave of consumer demand has yet to manifest... companies that have been awaiting it are getting in trouble with their creditors."

Thursday, July 02, 2015

Wednesday, July 01, 2015
U.S. trade representative sees Pacific trade pact before Congress by year-end
Reuters

• Comment: "He declined to confirm the details of a leaked draft text of the intellectual property chapter, and said the United States wanted balance between access to affordable medicines and encouraging innovation."
GOP senators ask Ex-Im for liquidation plan
Politico

• Comment: "Senate Republican critics of the Export-Import Bank Wednesday called for the agency to provide a specific timeline on how and when it would pursue “orderly liquidation” after its charter expired at midnight."
How Will the Overtime Proposal Impact Manufacturers?
Industry Week

• Comment: "Metheny actually sees the law having less of an impact on the manufacturing industry, which requires more skilled workers and tend to pay higher wages, than on industries like restaurant and retail where supervisors often make in the high 20s or low 30s. (“Get ready for $7 burgers,” he quips.)"