Friends of Manufacturing

Sanders, other NAFTA critics plan national 'day of action'

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USTR'S NAFTA TERMINATION TALKING POINT: More than a month before President Donald Trump made a splash in August by saying he would “end up probably terminating NAFTA at some point,” USTR staff had already formulated a “talking point” for the president’s more frequent threat of pulling out of the deal if it couldn’t be renegotiated in an acceptable way. Trump toyed with the idea of pulling out of NAFTA likely since the first days of his presidency, although his threats now seem to be aimed at furthering a negotiating strategy to press Canada and Mexico.

“Attached is support for the talking point that ‘For years, politicians have promised to renegotiate NAFTA, but none followed up,’” Payne Griffin, U.S. Trade Representative Robert Lighthizer’s deputy chief of staff, wrote in a July 16 internal email obtained through a Freedom of Information Act request by watchdog group American Oversight and provided to Morning Trade.

“This is particularly good because both Clinton and Obama threatened to pull out if they did not get a good deal,” Griffin wrote.

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Trump Ex-Im Bank nominee will likely be blocked

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Scott Garrett, President Donald Trump's pick to lead the Export-Import Bank, will likely be blocked by bipartisan opposition after he struggled to convince lawmakers that he should run an agency he once tried to kill in Congress. 

Garrett's fate was all but sealed Tuesday when Sen. Mike Rounds (R-S.D.) said he would oppose the former congressman's confirmation when it comes up for a vote at the Senate Banking Committee on Dec. 19. The panel has 12 Republicans and 11 Democrats, and all the Democrats are expected to oppose Garrett.

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Utah Governor Praises Lower Corporate Rates in GOP Tax Plan

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Utah's governor is coming out in support of a tax overhaul plan from congressional Republicans.

The White House released a statement Tuesday including comments from Gov. Gary Herbert praising Republicans' efforts to lower tax rates for corporations.

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Black women entrepreneurs, the GOP tax reform is for you

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It is no secret President Trump wants the Congress to send him a major piece of legislation that he can sign in 2017, fulfilling his promise to the American people to Make America Great Again from his first year in office. 

The best opportunity for a legislative win is in the Tax Cuts and Jobs Act, which would directly impact the middle class and small business owners, particularly black women entrepreneurs. President Trump will not sign any Tax Reform bill that does not provide tax relief for the middle class and reduce the corporate tax rate from 39 percent to 20 percent.  The black community, specifically black women entrepreneurs, should celebrate policy goals like this.

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