On the campaign trail, President Donald Trump promised to bolster U.S. manufacturing; slash the corporate tax rate; build a wall on our southern border to keep out illegal immigrants; and invest more than $1 trillion to upgrade the nation’s aging infrastructure.
On Oct. 5, the United States and 11 other countries finalized the Trans-Pacific Partnership (TPP) free-trade agreement after seven years of negotiations.
If a federal agency helped reduce the trade deficit, increase U.S. manufacturing jobs, and returned a profit to the Treasury, you might think that was a good thing. Unfortunately, it’s not the case in topsy-turvy Washington.
WASHINGTON—The North American Free Trade Agreement has proven to be a resounding success for U.S. manufacturing, according to a new report from the Manufacturers Alliance for Productivity and Innovation.
MARYSVILLE, OH—Honda said that its U.S. factories have churned out their 1 millionth vehicle built for export. Honda predicts that in two years, it will export more cars built in North America than it imports from Japan.
NEWARK, NJ—U.S containerized exports in 2011 grew 6 percent over 2010 volumes, advancing to a new record annual total of 11.9 million 20-foot-equivalent units.
