Category: Currency Manipulation

Adam Reiser: Trump administration struggles to enforce ‘Buy American’ EO 13788

Nearly eight months after President Donald J. Trump signed his executive order “Buy American and Hire American,” an expert on certifying whether goods are made in the United States shared with Big League Politics the challenges in certification and enforcing Trump’s intentions.

 

 

 

Adam Reiser, the CEO and founder of Certified, Inc., told Big League Politics he is seeing no action in the executive branch to move the president’s executive order forward.

A source familiar with how the White House drafted the executive order told Big League Politics: “There are zero teeth in it, you know? Let’s of fanfare, lots of publicity, back-slapping and hand-shaking with Trump–and now, it is getting resisted, like as if it meant nothing.”

According to the president’s directive, all agencies were supposed to have turned into both the Department of Commerce and the Office of Management and Budget how they plan to comply. These plans are to include, searchable databases of certified vendors, storage arrangements for the documents and simplifications of their internal procurement procedures.

Reiser said Trump’s executive order was the president’s attempt to bring federal procurement back in synch with the law.

The Buy American Act of 1933 was signed by President Herbert Hoover the day before he handed over the White House to President Franklin D. Roosevelt. The Act was championed by Rep. Joseph W. Byrne, (D.-Tenn.), then the chairman of the House Appropriations Committee and later Speaker of the House.

Byrne’s idea was that given support by the Hearst newspapers and by Hoover’s Commissioner of Customs Francis F.A. Eble, who would go on to start the Buy American Club.

“The law says that the U.S. government has to show preferential treatment to U.S. manufacturers,” Reiser said. “It is so the government has to buy from its own.”

Reiser said that from the 1970s, the federal government has been providing waivers to the 1933 law. “In the 1980s and 1990s, it has picked up big-time.”

When the president signed Executive Order 13788, the White House was optimistic.

President Donald J. Trump holding his Executive Order 13788 at the April 18, 2017 Kenosha, Wis., signing ceremony. (White House photo)

A senior administration official speaking on background on Easter Monday, the day before the executive order was signed in the headquarters of the tool company Snap-On in Kenosha, Wisconsin, said the executive order would correct the abuse of the Buy American Act waiver process.

“Okay, so the culture immediately changes across the agencies.  We have a lax enforcement, lax monitoring, lax compliance,” the official said. Continue reading “Adam Reiser: Trump administration struggles to enforce ‘Buy American’ EO 13788”

Tyson Foods under federal investigation for alleged chicken price fixing

Foxnews.com

 (iStock)

The U.S. Securities and Exchange Commission subpoenaed Tyson Foods Monday, investigating allegations of colluding to drive up chicken prices starting as far back as 2008.

The Springdale, Arkansas-based company and its largest competitors have been named as defendants in a series of lawsuits filed over the last few months. Tyson and the other producers have thus far vehemently denied all allegations. 

Continue reading “Tyson Foods under federal investigation for alleged chicken price fixing”

Trump tells manufacturers he will cut regulations, taxes, but must reshore

reuters

Reuters

World’s Biggest Surveillance Camera Maker Sending Footage to China


Security cameras in front of the giant portrait of former Chinese Chairman Mao Zedong on Beijing's Tiananmen Square, Nov. 11, 2012.

Security cameras in front of the giant portrait of former Chinese Chairman Mao Zedong on Beijing’s Tiananmen Square, Nov. 11, 2012.

Imagine a world where almost everyone can be tracked, and everything can be seen by cameras linked directly to the Chinese government.

The rapid growth of a little known Chinese manufacturer of high-powered surveillance technology has some people concerned that it’s no longer a theory.

Hangzhou Hikvision Digital Technology, a company controlled by the Chinese government, is now the world’s largest supplier of video surveillance equipment, with internet-enabled cameras installed in more than 100 countries.

Continue reading “World’s Biggest Surveillance Camera Maker Sending Footage to China”

Ford NOT moving Lincoln SUV to Mexico

reuters
By David Shepardson | WASHINGTON

 

On Thursday, Trump posted on Twitter: “I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. I owed it to the great State of Kentucky for their confidence in me!”

“He will be keeping the Lincoln plant in Kentucky – no Mexico,” the President-elect tweeted.

But Ford has repeatedly said it has no plans to close any U.S. plants and likely could not do so under the terms of the current United Auto Workers contract that expires in 2019.

This is not the first time Trump’s comments about Ford production have been called into question. Laslincoln-suvt year, he took credit for Ford moving work from Mexico to Ohio, while the automaker had already made the decision in 2011 – long before Trump announced a run for president.

Spokeswoman Christin Baker said Ford “confirmed with the President-elect that our small Lincoln utility vehicle made at the Louisville Assembly plant will stay in Kentucky”.

“We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the United States,” she added, in a statement.

 

Continue reading “Ford NOT moving Lincoln SUV to Mexico”

An iPhone made in the US? Apple is considering it….

iphone-mfg

Apple has reportedly asked key iPhone manufacturer,partners, namely Foxconn and Pegatron, to investigate ways to bring the iPhone assembly supply chain into the United States. Today, all iPhones (and almost all Apple products) are manufactured and assembled in China.

Is Apple looking into manufacturing the iPhone in the US?

On Thursday, the Japan-based business publication cited an anonymous source in reporting that Apple had asked the two Asia-based firms that assemble the device to examine the possibility of moving production to the States.

That request, to Foxconn Technology Group and Pegatron, came in June, the news outlet said.

Apple didn’t immediately reply to a request for comment on the report.

 Moving production to the States would address campaign rhetoric from now President-elect Donald Trump, who said in a speech in January that a Trump administration would “get Apple to build their damn computers and things in this country instead of in other countries.”

 

In a memo to employees last week, Apple CEO Tim Cook addressed strong reactions to Trump’s win and said, “We only do great work and improve the world by moving forward.”

Made in USA Certified Seal

 

Trump May Be Proven Right on China Tariffs

Trump may be proven right on China tariffs: Chang
China Foto Press | Getty Images. Gordon Chang, author of “The Coming Collapse of China,” says tariffs on Chinese exports to the U.S. might have to be on the table.

If Donald Trump were to become president, he would not be able to start a trade war with China , said Gordon Chang, author of “The Coming Collapse of China.” That’s because the Chinese have already been targeting American businesses, he said Friday. Continue reading “Trump May Be Proven Right on China Tariffs”

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