- Delays in Central American trade
pact.
A TRADE AGREEMENT designed in part to help South American and US companies compete against cheap Chinese Imports has failed to meet its January 1 target for implementation. The Central American Free Trade Agreement (CAFTA) has been delayed by a number of factors, including opposition both within the US and ......
- Metalcasters attempt to mold U.S. policy: the
metalcasting industry has descended upon Capitol Hill to lobby four of
its most pressing issues.
Lawmakers in Washington occupy a world that most metalcasters don't think about as they're filling a mold on the shop floor. But during the coming Congressional session, four issues will be at stake that will affect the everyday workings of metalcasting facilities nationwide--Chinese currency manipulation, health care for small businesses, ......
- Awakening the Dragon: Trading With China Under WTO
Rules.
In 2001, China may be reaching final steps toward membership in the World Trade Organization (WTO). To become a member, the Chinese government will have to make historic concessions to open its markets. In its bilateral accession agreement with the United States, China agreed to lower tariffs and establish tariff ......
- DEALING WTH EXCHANGE RATE PROTECTIONISM
In this article, I first review protectionist allegations against China, particularly that its currency is undervalued and is being manipulated so that the renminbi (RMB) will not appreciate. Next, I discuss China's reasons for not changing its foreign exchange policies for the time being. Finally, I assess the U.S. position ......
- U.S.-CENTRAL AMERICA FREE TRADE
TALKS.
The U.S. and Central America will begin negotiating a decisive free trade agreement in mid-November. Trade ministers from Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua will meet U.S. trade officials in Washington in order to prepare a first round of negotiations due to be held in January 2003. Depending ......
- Chinese imports jump, U.S. sales slip
Ottawa— The United States remains Canada's leading source of imported furniture, although China has displaced the United States as the No. 1 case goods source. Meanwhile, geography, the value of the dollar and a shared cultural outlook continue to ensure the United States remains the only truly important export customer ......
- World Shrinking, Trade Gap
Widening.
As the world's economy globalizes, U.S. woodworking firms are faced with a number of trade-related challenges and opportunities. As the 21st century looms, the debate over international trade is heating up. Demonstrators swarmed Seattle in early December to protest against the World Trade Organization and what they fear it could ......