Updates

08/15/11
Yuko Inoue and Julie Gordon, Reuters Japanese manufacturers concerned about China's restrictive export quotas on essential rare earths may have found a way to resolve their supply concerns -- relocate production to China.
08/15/11
Steve Jordon, Omaha World Herald Overland Products Co.'s metal-stamping business in Fremont, Neb., has beefed up its ability to compete with foreign manufacturers over the past five years with about $30,000 in federal Trade Adjustment Assistance for Firms.
08/11/11
Zoe Tillman, The National Law Journal A class action filed Wednesday accuses Bank of America Corp. of putting the privacy of its customers' financial data at risk of U.S. government surveillance by transferring service calls to overseas call centers.
08/11/11
Dustin Ensinger, Economy in Crisis Opponents of pending trade agreements with Colombia, Panama and South Korea are gearing up to fight for lawmakers to vote against them, according to The Hill.
08/10/11
By Vicki Needham, The Hill U.S. trade officials said Tuesday they are moving forward with tougher actions to ensure that Guatemala enforces its labor laws under a free-trade agreement between the two nations. U.S. Trade Representative Ron Kirk said the United States is requesting an arbitration panel be formed because of the "Government of Guatemala’s apparent failure to effectively enforce its labor laws" as part of the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR).
08/10/11
Zach Carter and Sara Kenigsberg, Huffington Post During a Monday press conference addressing Standard & Poor's downgrade of U.S. debt, President Barack Obama reaffirmed his commitment to raising taxes on the wealthy. But as he pushes to get the rich to pay more into federal coffers, Obama is also urging Congress to approve a trade agreement that would cement a key tax avoidance tactic deployed by some of the richest Americans.
08/08/11
Vicki Needham, The Hill Organized labor and other opponents of three pending free-trade deals are ramping up grass-roots campaigns intended to pressure lawmakers to oppose the agreements.
08/08/11
Bill Warren, Agweek Picture this. Pacific Rim, a multinational corporation, wants to mine for gold in El Salvador using dangerous chemicals that would threaten the water supply of poor communities. Communities fight back — despite intimidation and even murder of local activists — and win new mining safeguards from their government.
08/08/11
Sherrod Brown, Cincinnati.com Too many Americans are used to seeing "Made in China" stickers on everything from the clothes they wear to the electronics they use. The prevalence of this sticker tells the story of too many American manufacturers that have shuttered facilities and laid off workers due to foreign competition.
08/05/11
Michele Nash-Hoff, Huffington Post Since the year 2000, the United States has lost over 5.5 million manufacturing jobs, nearly 50,000 manufacturing companies, and racked up an annual trade deficit with China of $273 million in 2010, up from $83.8 million in 2000. These escalating trade deficits with China have far-reaching effects, particularly on American workers. This article will examine the impact of free trade with China as documented in two of the annual reports submitted to Congress by the bi-partisan, 12 member U. S.-China Economic and Security Review Commission (USCC).

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