On March 4 President Donald Trump announced plans to remove India and Turkey from the Generalized System of Preferences, or GSP, a program that allows developing countries to export some products to the United States […] Read More
On March 7, the U.S. Department of Labor released the Trump administration’s proposed overtime rule, which would increase the minimum salary for overtime exemption to $35,308 per year, or, from the currently weekly level of […] Read More
On March 6, the U.S. House Ways and Means Committee held a hearing entitled, “Our Nation’s Crumbling Infrastructure And The Need For Immediate Action.” U.S. Chamber of Commerce President Tom Donohue, AFL-CIO President Richard Trumka, […] Read More
The U.S. Commerce Department reported last week that the nation’s trade deficit in December 2018 was $59.8 billion, up $9.5 billion from $50.3 billion in November, and at its highest level on record. Exports […] Read More
According to The Wall Street Journal, the Chinese government lowered its economic growth target this year to between six percent and 6.5 percent amid a deepening slowdown that is further exacerbated by elevated debt […] Read More
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