The Washington International Trade Association held a conference today entitled, Phase 2: The Art of the Deal with China. Experts included former USTR officials, the former head of the U.S.-China Business Council, a former Obama Administration trade official, and the illustrious Asia expert Wendy Cutler. There were many notable insights by these experts, and something notably absent. First, the insights:
There is a fundamentally imbalanced trade relationship between the U.S. and China. The root cause of the trade problem is China’s over-reliance on exports versus domestic consumption. China’s domestic market is multiples larger than the value of its exports to the U.S. It could economically eliminate the adverse impact of...
Proposition 12: The National Pork Producers Council (NPPC) has advocated for a fix to Proposition 12, the California animal welfare law, in the Senate farm bill. The House version of the farm bill included a fix, but the Senate bill, based on the discussion draft released by Chairman John Boozm...