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Sen. Rob Portman: Brexit presents new opportunity for trade with Britain

Westlake Legal Group 694940094001_6117356833001_6117353828001-vs Sen. Rob Portman: Brexit presents new opportunity for trade with Britain Rob Portman fox-news/world/world-regions/europe/brexit fox-news/world/trade fox-news/world fox-news/opinion fox news fnc/opinion fnc article 47430a74-fa80-56da-9cb5-bdd4a92d5258 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

Between the new United States-Mexico-Canada Agreement and a substantial Phase One trade agreement with China, 2020 has already been an outstanding year for American trade. However, further opportunities are on the horizon to knock down barriers to trade and deliver wins for our workers, farmers and businesses.

A new opportunity arises as the United Kingdom finally leaves the European Union, drawing to a close a four-year-long process that has often been tumultuous and uncertain.

While much of the talk around Brexit has been focused on the challenges that this fundamental shift will bring, the newfound independence of the U.K. also creates the chance for a new bilateral U.S.-U.K. trade agreement that further brings together our two countries.

EU BACKS TERMS OF BREXIT DEAL, UK SET TO LEAVE FRIDAY

That’s why my colleague, Sen. Chris Coons, D-Del., and I founded and now chair the Senate U.K. Trade Caucus. We are using this bipartisan caucus as a platform to bring together lawmakers and representatives from both governments in order to promote close and long-lasting economic ties between the U.S. and the U.K. In doing so, we are building support in Congress for a trade agreement between our countries.

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Thanks to our longstanding and deep economic ties, the potential benefits of a new trade agreement between our two countries are immense. The U.K. is the fourth-largest export market for American goods and services, and our seventh-largest trading partner overall with more than $200 billion annually in trade. What’s more, we are each the other country’s largest foreign investor, with total foreign direct investment more than $1 trillion per year.

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Still, the economic relationship between our two countries has not reached its full potential thanks to some remaining barriers to trade. As U.S. Trade Representative Robert Lighthizer noted in his negotiating objectives for the U.K., a new comprehensive agreement would aim to eliminate tariffs, expand market access for agricultural goods by eliminating restrictions on quota and non-tariff barriers, harmonize the services trade, and set bold rules for trade over the internet. As we saw with the USMCA just recently signed by President Trump, these provisions are achievable and worth pursuing.

My home state of Ohio would especially benefit from a new trade agreement with our neighbors across the pond. The U.K. is our fourth-largest trading partner, accounting for $1.7 billion in Ohio exports in 2018. In 2017, we shipped more than $750 million in aerospace and auto parts to British markets.

The last four years of Brexit have been difficult at times, but right now there is a rare opportunity to forge a better road ahead for both the U.S. and the U.K.

A comprehensive free trade agreement with the U.K. would bring other benefits, too. As a former U.S. Trade Representative, I witnessed some of the European Union’s protectionist trade policies that drag on economic growth.

Last May, I met in London with Crawford Falconer, the chief trade negotiator for the British government. We agreed that an independent U.K. would be an invaluable partner with the U.S. in advocating for changes to trade burdens like data localization requirements and geographical indications.

Beyond these economic considerations, it is worth noting that the U.S. has no better ally than the U.K. When we look back on the experiences of our joint history, we find that our shared values, as well as our common political and cultural traditions, are bonds that have endured.

A new trade agreement is more than mutually beneficial economics. It is also an opportunity to reaffirm this crucial alliance and demonstrate the role that trade agreements play as ballast for strategic relationships.

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The last four years of Brexit have been difficult at times, but right now there is a rare opportunity to forge a better road ahead for both the U.S. and the U.K. In fact, it was Prime Minister Winston Churchill himself who said, “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”

I urge the Trump administration to take advantage of this opportunity and work toward establishing a comprehensive trade agreement with the U.K. In the meantime, I’ll continue to work with my colleagues on both sides of the aisle to ensure that the “special relationship” between the U.S. and U.K. will flourish for generations to come.

CLICK HERE TO READ MORE BY SEN. ROB PORTMAN

Westlake Legal Group 694940094001_6117356833001_6117353828001-vs Sen. Rob Portman: Brexit presents new opportunity for trade with Britain Rob Portman fox-news/world/world-regions/europe/brexit fox-news/world/trade fox-news/world fox-news/opinion fox news fnc/opinion fnc article 47430a74-fa80-56da-9cb5-bdd4a92d5258 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group 694940094001_6117356833001_6117353828001-vs Sen. Rob Portman: Brexit presents new opportunity for trade with Britain Rob Portman fox-news/world/world-regions/europe/brexit fox-news/world/trade fox-news/world fox-news/opinion fox news fnc/opinion fnc article 47430a74-fa80-56da-9cb5-bdd4a92d5258 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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Amb. Richard Grenell praises German diplomatic action as Trump calls for greater NATO role in Mideast conflict

Westlake Legal Group 694940094001_6121741146001_6121738711001-vs Amb. Richard Grenell praises German diplomatic action as Trump calls for greater NATO role in Mideast conflict Julia Musto fox-news/world/world-regions/middle-east fox-news/world/world-regions/germany fox-news/world/world-regions/europe fox-news/world/trade fox-news/world/terrorism fox-news/world/conflicts/iran fox-news/us/terror/counter-terrorism fox-news/us/terror fox-news/politics/executive/white-house fox-news/person/donald-trump fox-news/person/angela-merkel fox-news/media/fox-news-flash fox news fnc/media fnc article 9b8e13bd-c2b3-5f4a-8ad3-d6b3eebc9323 /FOX NEWS/SHOWS/Your World Cavuto/Interviews

Progress is being made in swaying European nations to get tough with Iran, U.S. Ambassador to Germany Richard Grenell said Saturday.

Appearing on “Cavuto LIVE,” Grenell said German Secretary-General Paul Ziemiak’s announcement that Germany and other European nations should move forward with sanctions on Iran marked a “real switch” from when Europeans were “going around the situation.”

TRUMP SAYS IRAN ‘APPEARS TO BE STANDING DOWN,’ MISSILE STRIKES RESULTED IN NO CASUALTIES

“Now the Europeans are talking about whether or not they should even be continuing in the [Iran nuclear deal] because of what they have seen from the Iranian regime. So, I think that we’re in a fundamentally different place and a better place,” Grenell said.

TRUMP SPEAKS TO NATO SECRETARY AFTER URGING WORLD BODY TO TAKE ON GREATER ROLE IN MIDEAST CONFLICT

On Wednesday, President Trump spoke to the secretary-general of NATO, Jens Stoltenberg, following the president’s nine-minute speech earlier in the day urging the organization to take a larger role in quelling strife in the Middle East.

A White House spokesman said Trump spoke to Stoltenberg and “emphasized the value of NATO increasing its role in preventing conflict and preserving peace in the Middle East,” according to Politico.

After speaking, Trump and Stoltenberg “agreed that NATO could contribute more to regional stability and the fight against international terrorism” and said they would be “in close contact on the issue,” according to a readout of the call.

Grenell echoed the president’s pleas: “We see that Iran is supporting terrorism, so let’s use diplomacy … through sanctions and through other economic means, to bring the Iranians to the table.”

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He told host Neil Cavuto that the European partners are very slow in coming around and taking action, which was one of the reasons he wanted to go to Germany and start prodding.

“One thing that is very clear … is that they can’t stay in some of these theaters unless the United States is there,” Grenell said. “When President Trump very bluntly says you know, ‘you’re welcome to form an international coalition and replace us, they immediately say well we can’t do that. We need the United States. And, so these are conversations that we have to have to push for them for greater participation.”

Fox News’ Vandana Rambaran contributed to this report.

Westlake Legal Group 694940094001_6121741146001_6121738711001-vs Amb. Richard Grenell praises German diplomatic action as Trump calls for greater NATO role in Mideast conflict Julia Musto fox-news/world/world-regions/middle-east fox-news/world/world-regions/germany fox-news/world/world-regions/europe fox-news/world/trade fox-news/world/terrorism fox-news/world/conflicts/iran fox-news/us/terror/counter-terrorism fox-news/us/terror fox-news/politics/executive/white-house fox-news/person/donald-trump fox-news/person/angela-merkel fox-news/media/fox-news-flash fox news fnc/media fnc article 9b8e13bd-c2b3-5f4a-8ad3-d6b3eebc9323 /FOX NEWS/SHOWS/Your World Cavuto/Interviews   Westlake Legal Group 694940094001_6121741146001_6121738711001-vs Amb. Richard Grenell praises German diplomatic action as Trump calls for greater NATO role in Mideast conflict Julia Musto fox-news/world/world-regions/middle-east fox-news/world/world-regions/germany fox-news/world/world-regions/europe fox-news/world/trade fox-news/world/terrorism fox-news/world/conflicts/iran fox-news/us/terror/counter-terrorism fox-news/us/terror fox-news/politics/executive/white-house fox-news/person/donald-trump fox-news/person/angela-merkel fox-news/media/fox-news-flash fox news fnc/media fnc article 9b8e13bd-c2b3-5f4a-8ad3-d6b3eebc9323 /FOX NEWS/SHOWS/Your World Cavuto/Interviews

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Helen Raleigh: Trump should seek bigger China trade deal – Chinese hurt by trade war, need US food imports

Westlake Legal Group AP19238054994749-1 Helen Raleigh: Trump should seek bigger China trade deal – Chinese hurt by trade war, need US food imports Helen Raleigh fox-news/world/world-regions/china fox-news/world/trade fox-news/world fox-news/person/donald-trump fox-news/newsedge/international fox news fnc/opinion fnc article 40a33a03-ff64-5160-a0c1-174493f59c0d /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

It’s too early to tell yet if the Phase One trade deal announced Friday by the U.S. and China is a good deal for America, because the text of the agreement hasn’t yet been made public.

However, the muted tone from the Chinese side in discussing the deal has already cast a shadow of doubt on the effectiveness of this limited agreement.

U.S. and Chinese officials said the Phase One trade deal will result in China buying more American agriculture products, and the U.S. rolling back some tariffs on goods imported from China.

PETER NAVARRO: TRUMP WINS MAJOR VICTORIES IN CHINA AND USMCA TRADE DEALS, DEFENSE SPENDING AND SPACE FORCE

According to U.S. Trade Representative Robert Lighthizer, China also made commitments on issues related to intellectual property rights, although he wouldn’t go into detail what those commitments are.

At a news briefing in China, Chinese officials confirmed that the text of the agreement covers topics including intellectual property rights, technology transfers, food and agricultural products, and dispute settlement. However, they only emphasized that the U.S. would remove a number of tariffs, without mentioning any commitments that China had made.

It’s important to keep in mind that the U.S.-China trade war isn’t about the trade alone. If it was solely about the trade deficit and America’s desire to sell more material goods to China, the trade dispute would have been resolved a long time ago.

President Richard Nixon visited China in 1972 and established diplomatic relations with the communist nation. Back then, China’s gross domestic product per capita was less than $200. Fast-forward to this year, and that number is expected to be $16,800 – a stunning increase.

The global poverty rate has been cut in half since 1981, largely because of China’s impressive economic growth.

This grow

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th has a lot to do with the ingenuity of the Chinese people and certain market-friendly policies from the central government. But China wouldn’t have had its three decades of impressive growth without the West – especially the U.S. – providing markets for Chinese goods. This has brought foreign investments into China, as well as Western institutions that have helped to train and educate millions of Chinese.

Why exactly did the West choose to help China? The assumption has been that through economic aid and military assistance, the West could turn China into a more democratic and free state – a country with a market economy that has no ambition to rule the world.

This assumption about China has been embraced by Nixon, Nixon administration Secretary of State Henry Kissinger, and successions of American presidents, policymakers and advisers. However, it has proven to be naive and blatantly wrong.

In the past three decades, China has done everything in its power – through unfair trade practices, forced technology transfers and cyber espionage – to build up its ability to challenge America’s economic power, military strength and global influence.

Domestically, China cracks down on dissent from its citizens, and subjects the rest of its population to continuously intensifying surveillance and censorship.

Internationally, China interferes with liberal democracies such as Australia’s political system, militarizes the South China Sea while ignoring an international court ruling, and uses military and economic aid to support other authoritarian regimes.

Chinese leaders believe that the U.S. should step down and let China return to its “rightful place” as a world power. They want to create a new world order in which other countries are tributary states that subordinate themselves to the will and desires of China’s authoritarian regime.

To create this new world order, Chinese leaders realize they must break the existing liberal order that was established by the U.S. after World War II.

For three decades, political leaders in the U.S. have been complacent about China’s true intentions, and have been reluctant to react to China’s aggression – until President Trump was elected.

The trade war Trump initiated with China serves as a means to have China agree to a new set of rules of engagement that would force China to abide by established international rules and regulations, and engage the U.S. in a fair and balanced manner.

That is why this so-called Phase One trade deal – which focuses on the U.S. agricultural exports and some tariff relief – is inadequate to address the goals that the U.S. wants to achieve strategically.

China’s economy has been suffering as a result of the trade war. Its estimated growth rate could fall below 6 percent, a politically sensitive line that China’s leadership hopes to avoid.

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A widespread outbreak of African swine fever has wiped out half of China’s hog supply, resulting in soaring pork prices that have pushed China’s consumer inflation index to a sixyear high.

To offset the pork shortage, China has lifted a five-year ban on imports of U.S. poultry meat, even without a trade deal.

One lesson China has learned from the more than 20-month long trade war with the U.S. is that it simply cannot feed its more than 1 billion people without agricultural imports from America. This explains why – despite the heated rhetoric – the Chinese did not bail out of trade talks after President Trump recently signed into law the Hong Kong Democracy and Human Rights legislation passed by Congress.

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When Trump said that the Chinese side is desperate to sign a trade deal, he wasn’t exaggerating. However, we should be asking ourselves why the U.S. would want to agree to a limited Phase One trade deal.

There is not much strategic advantage for the U.S. to agree to a limited trade deal now, because it will leave many deliberate goals unfulfilled. President Trump has already captured China’s attention. He should not settle for something small now, but instead strive for a better and more comprehensive deal.

CLICK HERE TO READ MORE BY HELEN RALEIGH

Westlake Legal Group AP19238054994749-1 Helen Raleigh: Trump should seek bigger China trade deal – Chinese hurt by trade war, need US food imports Helen Raleigh fox-news/world/world-regions/china fox-news/world/trade fox-news/world fox-news/person/donald-trump fox-news/newsedge/international fox news fnc/opinion fnc article 40a33a03-ff64-5160-a0c1-174493f59c0d /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group AP19238054994749-1 Helen Raleigh: Trump should seek bigger China trade deal – Chinese hurt by trade war, need US food imports Helen Raleigh fox-news/world/world-regions/china fox-news/world/trade fox-news/world fox-news/person/donald-trump fox-news/newsedge/international fox news fnc/opinion fnc article 40a33a03-ff64-5160-a0c1-174493f59c0d /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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Peter Navarro: Trump wins major victories in China and USMCA trade deals, defense spending and Space Force

Westlake Legal Group Donald-Trump-12-12 Peter Navarro: Trump wins major victories in China and USMCA trade deals, defense spending and Space Force Peter Navarro fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/world fox-news/us/economy fox-news/opinion fox news fnc/opinion fnc article 3d1d1212-22aa-595e-9d00-9fbc8c7c342a /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

PROGRAMMING ALERT: Watch Peter Navarro discuss this topic and more in the noon hour EST on Sunday, Dec. 14 on “America’s News HQ” on Fox News Channel.

Two strong trade deals, plus one strong deal on defense and parental leave, plus two weak impeachment articles, plus one inspector general’s report vindicating no one equals a very good week for the American people and President Trump.

After the United States-Mexico-Canada trade agreement (USMCA) gathered political dust on House Speaker Nancy Pelosi’s impeachment desk for over a year, the California Democrat finally agreed to let House members vote on the measure.

Through tough regional content rules and strict labor and environmental provisions, USMCA is forecast to create over 75,000 new auto jobs and almost 200,000 new jobs overall.

ANDY PUZDER: TRUMP’S CHINA TRADE DEAL BRINGS US GREAT BENEFITS, FULFILLS CAMPAIGN PROMISE

USMCA will also break down Canadian and Mexican agricultural barriers – a boon for American dairy, poultry and wheat farmers. It should pass both chambers of Congress by comfortable margins.

After a similarly long gestation period, the United States and China completed a “phase one” trade agreement. It represents an important milestone along President Trump’s long march towards ending China’s economic aggression against American workers and manufacturers.

The centerpiece of the deal is a strong and effective enforcement mechanism. The United States can impose proportionate penalties without fear of retaliation if China violates the deal’s provisions on intellectual property theft, forced technology transfer, or currency manipulation.

In another boon for American farmers, China has also committed to a dramatic increase in purchases of pork, soybeans and other agricultural products. To ensure China negotiates in good faith on Phase Two of the deal, tariffs remain in place on over $350 billion of Chinese imports.

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With respect to defense, the president will soon sign the National Defense Authorization Act (NDAA) of 2020, which, among other things, establishes the United States Space Force, ensuring American dominance in space. The NDAA will also create paid parental leave for federal workers, which will greatly benefit their children. Finally, it will give our troops a much-needed 3.1 percent pay raise.

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On the impeachment front, the Democratic-controlled House, at war with itself, jettisoned its fruitless efforts to slap any specific crime on President Trump based on any actual law. No explicit high crime. No bribery. No misdemeanor.

Instead, the House settled on the two weakest articles of impeachment ever brought against a sitting president. “Obstruction of Congress” is laughable in the face of the executive branch’s right to executive privilege.

As for “abuse of power,” this charge is as vague as a June day is long. As one wag put it, “a turkey big enough to stuff any phony allegation you want into it.”

To be clear, President Trump is simply doing what the American people hired him to do – in the case of Ukraine, ensuring that American tax dollars are being used properly and free of foreign corruption to advance our national security.

Finally, the Justice Department inspector general’s long-awaited report revealed a deep-seated conspiracy within the FBI and elements of the intelligence community to overthrow a sitting president. This conspiracy began with the Hillary Clinton campaign paying for a fake dossier compiled by an avowed Never Trumper and former British spy Christopher Steele.

Rogue elements within the FBI and intelligence community then engaged in at least 17 separate instances of omitting or altering data to use the phony Steele dossier to obtain a Foreign Intelligence Surveillance Act (FISA) warrant to spy on the Trump campaign.

This egregious behavior by a few bad apples in the FBI bunch triggered a more than two-year witch hunt that finally ended in a report by Special Counsel Robert Mueller that found no collusion with Russia by President Trump, his campaign, or his administration.

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At this point, every American concerned about economic growth and prosperity should be cheered by President Trump’s great achievement with the USMCA and China deal. Every American should be equally appalled by a hyper-partisan impeachment process that is right out of a William Faulkner novel – “all sound and fury signifying nothing.”

Over the next several weeks, Americans have many reasons to celebrate the holiday season. And as we enter this new decade, we should look forward to the continuation of a strong economy and bullish market under President Trump’s leadership.

CLICK HERE FOR MORE FROM PETER NAVARRO

Westlake Legal Group Donald-Trump-12-12 Peter Navarro: Trump wins major victories in China and USMCA trade deals, defense spending and Space Force Peter Navarro fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/world fox-news/us/economy fox-news/opinion fox news fnc/opinion fnc article 3d1d1212-22aa-595e-9d00-9fbc8c7c342a /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group Donald-Trump-12-12 Peter Navarro: Trump wins major victories in China and USMCA trade deals, defense spending and Space Force Peter Navarro fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/world fox-news/us/economy fox-news/opinion fox news fnc/opinion fnc article 3d1d1212-22aa-595e-9d00-9fbc8c7c342a /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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Rep. Steve Scalise: Impeachment no more than a ‘political vendetta,’ ‘fabrication’

Westlake Legal Group SCALISE Rep. Steve Scalise: Impeachment no more than a 'political vendetta,' 'fabrication' Julia Musto fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/us/constitution fox-news/us/congress fox-news/shows/fox-friends-weekend fox-news/politics/trump-impeachment-inquiry fox-news/politics/senate fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/politics/elections fox-news/person/steve-scalise fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 7b577eea-1e58-50f8-96ec-bd431cfb2665 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

House Democrats leading the impeachment push are motivated by a “political vendetta” and their charge against President Trump is nothing more than “fabrication,” Rep. Steve Scalise, R-La., said Saturday.

Appearing on “Fox & Friends: Weekend” with hosts Pete Hegseth, Ed Henry, and Rachel Campos-Duffy, Scalise said Democrats’ “biggest problem” is they never started their process with facts.

JUDICIARY COMMITTEE APPROVES ARTICLES OF IMPEACHMENT AGAINST TRUMP, GOP SLAMS ‘KANGAROO COURT’

“There’s never been a crime in this case. They’ve tried to find a crime, starting with the Mueller investigation it’s very clear. And, I think you’re seeing through it,” he said. “This whole impeachment inquiry…this is a political vendetta. This is all about them, first of all, not liking the fact that Donald Trump was duly elected president in 2016 and, frankly, they’re scared to death he’s going to win again because he’s been delivering on his promises.”

On Thursday, the president and House Speaker Nancy Pelosi, D-Calif., announced bipartisan support for the United States-Mexica-Canada agreement (USMCA). Since then, the president also has taken another step toward a long-awaited China trade deal.

JESSICA TARLOV: TRUMP SHOULD BE IMPEACHED – REPUBLICANS WHO BLINDLY SUPPORT HIM ARE PROFILES IN COWARDICE

However, the House Judiciary Committee voted Friday to adopt two articles of impeachment against the president — capping a contentious three-day session that Republicans panned as a “kangaroo court” and teeing up a historic floor vote right before the holiday break.

“People wonder, what is the price of impeachment,” Scalise added. “It’s trampling over our constitution and the standard of impeachment. But, it’s all the things that have not gotten done like USMCA, like lower drug prices, and that’s the problem that they haven’t delivered for the American people. Luckily, President Trump has delivered and continues to.”

“We have an election next year. Let the voters decide this. But, there are no facts there. There’s just nothing to impeach this president on the articles of impeachment that just came out…” Scalise said, adding that it seems like Democrats’ “radical base” has “demanded this the day that Donald Trump got elected office and they can’t help themselves.”

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“The president didn’t do anything wrong. [On] the phone call Zelensky himself said there was nothing wrong. But, because you don’t like the results of the election, and frankly you’re more afraid of your radically left base in Washington than you are the constituents who elected you back home…that’s the real reckoning.,” he continued.

“It’s not only desperation, [but it’s a] fabrication,” he said.

Fox News’ Joshua Nelson and Adam Shaw contributed to this report.

Westlake Legal Group SCALISE Rep. Steve Scalise: Impeachment no more than a 'political vendetta,' 'fabrication' Julia Musto fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/us/constitution fox-news/us/congress fox-news/shows/fox-friends-weekend fox-news/politics/trump-impeachment-inquiry fox-news/politics/senate fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/politics/elections fox-news/person/steve-scalise fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 7b577eea-1e58-50f8-96ec-bd431cfb2665 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group SCALISE Rep. Steve Scalise: Impeachment no more than a 'political vendetta,' 'fabrication' Julia Musto fox-news/world/world-regions/location-mexico fox-news/world/world-regions/china fox-news/world/world-regions/canada fox-news/world/trade fox-news/us/constitution fox-news/us/congress fox-news/shows/fox-friends-weekend fox-news/politics/trump-impeachment-inquiry fox-news/politics/senate fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/politics/elections fox-news/person/steve-scalise fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 7b577eea-1e58-50f8-96ec-bd431cfb2665 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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US, China reach phase one trade deal, source says

Westlake Legal Group 694940094001_6113326121001_6113328130001-vs US, China reach phase one trade deal, source says fox-news/world/world-regions/china fox-news/world/world-regions/asia fox-news/world/trade fox-news/politics/executive/white-house fox news fnc/politics fnc article Alex Pappas 6b942de7-83d1-5900-9d29-2c3fc250537e /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

The United States and China have agreed to the terms of a phase one trade deal with China, though the details are still being finalized, a source told FOX Business.

Earlier Thursday, President Trump tweeted about the ongoing trade war with China, saying “Getting VERY close to a BIG DEAL with China. They want it, and so do we!”

It came as Trump and U.S. trade negotiators met at the White House on Thursday, as another U.S. tariff hike on $160 billion of Chinese imports is due to take effect Sunday.

The two sides have increased tariffs on billions of dollars of each other’s imports in a fight over Beijing’s technology ambitions and trade surplus.

The conflict has disrupted global trade and threatened to chill economic growth.

The planned weekend U.S. tariff hike would extend punitive duties to almost everything the U.S. would buy from China. Imports last year totaled more than $500 billion.

TRUMP, US TRADE NEGOTIATORS TALK STRATEGY AS CHINA TARIFFS LOOM

China has retaliated by raising duties on $160 billion of American goods but has been running out of imports for retaliation due to the lopsided trade balance. Beijing also has tried to limit losses to its own economy by avoiding imposing tariffs on high-tech components and other goods required by Chinese manufacturers.

In a conciliatory gesture, China’s Ministry of Commerce announced Friday it was waiving punitive duties on U.S. soybeans and pork.

The Associated Press contributed to this report.

Westlake Legal Group 694940094001_6113326121001_6113328130001-vs US, China reach phase one trade deal, source says fox-news/world/world-regions/china fox-news/world/world-regions/asia fox-news/world/trade fox-news/politics/executive/white-house fox news fnc/politics fnc article Alex Pappas 6b942de7-83d1-5900-9d29-2c3fc250537e /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group 694940094001_6113326121001_6113328130001-vs US, China reach phase one trade deal, source says fox-news/world/world-regions/china fox-news/world/world-regions/asia fox-news/world/trade fox-news/politics/executive/white-house fox news fnc/politics fnc article Alex Pappas 6b942de7-83d1-5900-9d29-2c3fc250537e /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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McConnell bashed by Dems for delaying USMCA vote until after impeachment trial

Westlake Legal Group AP19310674993097 McConnell bashed by Dems for delaying USMCA vote until after impeachment trial Nick Givas fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/politics/elections/senate fox-news/politics/elections/democrats fox-news/person/mitch-mcconnell fox-news/person/donald-trump fox news fnc/politics fnc article 1154b7e2-2b68-5e7c-b2e2-7f1c81f78a6c

Senate Majority Leader Mitch McConnell, R-Ky., took fire from House Democrats on Tuesday after saying he will wait until after President Trump‘s impeachment trial is over before bringing the U.S.-Mexico-Canada Agreement (USMCA) to the Senate floor for a vote.

USMCA would replace the North American Free Trade Agreement (NAFTA), which went into effect in 1994 under former President Bill Clinton. Trump has been an outspoken advocate of the new pact and has publicly pushed for House Democrats to hold a final vote.

McConnell announced his decision shortly after House Democrats said they’d reached an agreement with the White House on how to proceed.

“We will not be doing USMCA in the Senate between now and next week,” McConnell said at a Capitol Hill news conference. “That will happen… right after the [impeachment] trial is finished in the Senate.”

TRUMP CALLS ARTICLES OF IMPEACHMENT ‘WEAK’ AND ONLY REASON DEMS AGREED TO USMCA

A spokesman for House Speaker Nancy Pelosi, D-Calif., criticized McConnell’s stance and said he has no legitimate reason for delaying the Senate vote, claiming each chamber could approve the measure simultaneously.

“The House and Senate passed Korea, Panama and Colombia trade agreements on the same day. Senator McConnell has no excuse not to bring up the USMCA,” the spokesman said.

Fox News reached out to McConnell’s office for comment and was told that the Majority Leader does not view his decision as a delay. His office referred Fox News to the rules under the Trade Promotion Authority (TPA), which state that the Senate can take up to 30 days to consider the House bill.

“The Senate Finance Committee must report the bill no later than 15 session days after the House passes the bill,” the Senate Republican Policy Committee website states. “If the Finance Committee fails to report the bill, it is automatically placed on the Senate calendar for a vote. The full Senate vote must take place within 15 session days after report or discharge to the floor.”

TRUMP, AT PENNSYLVANIA RALLY, SAYS ‘STUPID’ IMPEACHMENT INDIRECTLY LED TO USMCA DEAL

McConnell’s office also pointed to a September op-ed co-authored by the majority leader in support of USMCA and said it was ironic for House Democrats to accuse the GOP of delaying the legislation.

“The U.S.-Mexico-Canada Agreement is unambiguously a win for America. It would create new jobs, expand export markets, strengthen protections for workers and generate billions of dollars in new prosperity,” McConnell wrote at the time. “The USMCA would also help keep North American partners close while the U.S. hangs tough with China.”

Trump addressed the drama during a campaign rally in the swing state of Pennsylvania on Tuesday and claimed Democrats are only supporting USMCA to take the focus off their failed impeachment attempt.

“The silver lining of impeachment and this witch hunt, that’s the reason they approved USMCA,” he said. “They were very embarrassed by it.”

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House Democrats are reportedly planning to hold a vote on USMCA sometime next week.

Westlake Legal Group AP19310674993097 McConnell bashed by Dems for delaying USMCA vote until after impeachment trial Nick Givas fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/politics/elections/senate fox-news/politics/elections/democrats fox-news/person/mitch-mcconnell fox-news/person/donald-trump fox news fnc/politics fnc article 1154b7e2-2b68-5e7c-b2e2-7f1c81f78a6c   Westlake Legal Group AP19310674993097 McConnell bashed by Dems for delaying USMCA vote until after impeachment trial Nick Givas fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/politics/elections/senate fox-news/politics/elections/democrats fox-news/person/mitch-mcconnell fox-news/person/donald-trump fox news fnc/politics fnc article 1154b7e2-2b68-5e7c-b2e2-7f1c81f78a6c

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Michigan Democrat responds to poll showing swing-state voters turning against impeachment

Westlake Legal Group DEBBIE Michigan Democrat responds to poll showing swing-state voters turning against impeachment Julia Musto fox-news/world/trade fox-news/shows/americas-newsroom fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 0cbaa925-5b92-5a3c-8e39-4eb017e207f8 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

Rep. Debbie Dingell, D-Mich., said that while she is worried about division within the nation, it is “highly unlikely” she will vote against impeaching President Trump.

On Tuesday morning, House Democrats unveiled articles of impeachment against the president, alleging abuse of power and obstruction of Congress regarding his interactions with Ukraine.

Appearing on “America’s Newsroom” with hosts Bill Hemmer and Heather Childers, Dingell echoed House Speaker Nancy Pelosi’s, D-Calif., statements that it is a “sad day for our country.”

DEMOCRATS UNVEIL ARTICLES OF IMPEACHMENT ALLEGING ABUSE OF POWER, OBSTRUCTION

Dingell said that, while she is waiting to read the formal recommendations by the House Judiciary Committee, she thinks there has been a “lot of evidence that the president did hold up money to the Ukraine that had been appropriated by the Congress in exchange for investigating a potential political candidate.”

“I was elected to protect our Constitution and our democracy,” the congresswoman continued. “And, that’s what my vote is going to reflect. Have we in some way endangered our national security? And I think things that I’ve seen and the obstruction of justice lead me to be very concerned.”

She added that her voting “no” on impeachment is probably “highly unlikely,” but that she thinks it’s a “very individual moral decision.”

“I’m worried about interference on our next election,” she said.

Meantime, a new poll showed support for impeachment going down among voters in Michigan, Pennsylvania and Wisconsin. Impeachment and removal is opposed by 50.8 percent of voters in Michigan, 52.2 percent of voters in Pennsylvania, and 57.9 percent of voters in Wisconsin, according to the Firehouse/Optimus December Battleground State Poll.

Dingell responded by saying she “wasn’t elected to do what was popularly right.”

“I did not come out for impeachment last summer when everybody else around me was. And, as I’ve said before, Tom Steyer bought 40 ads against me, because I am worried about how divided the country is.”

In contrast to the extreme partisan division over impeachment, within an hour of House Democrat Committee Members’ news conference, it was announced that the United States, Mexico and Canada have reached a historic trade deal — with bipartisan support.

“There is no question, of course, that this trade agreement is much better than NAFTA,” Pelosi said, announcing her caucus’ support of the agreement.

“Looking like very good Democrat support for USMCA. That would be great for our Country!” the president tweeted.

A House vote, delayed as Democrats fought to improve enforcement mechanisms after winning a majority in the chamber in November 2018, is slated for next week.

HISTORIC USMCA DEAL IS MUCH BETTER THAN NAFTA: PELOSI

“It will help Americans keep manufacturing in this country, keep jobs in this country, and that’s what we were sent to Washington to do,” Dingell said, adding she is happy to see the action being taken even though impeachment is moving forward.

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“I think, for the country, we need to do what’s right,” she told Hemmer and Childers. “We need to be transparent and we need to be very thorough, and we need to make sure the American people know what we are looking at and studying.”

“I don’t think this daily drama of dividing us is a good thing for protecting our democracy, either,” Dingell stated.

Fox News’ Brooke Singman and Fox Business’ Jonathan Garber contributed to this report.

Westlake Legal Group DEBBIE Michigan Democrat responds to poll showing swing-state voters turning against impeachment Julia Musto fox-news/world/trade fox-news/shows/americas-newsroom fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 0cbaa925-5b92-5a3c-8e39-4eb017e207f8 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade   Westlake Legal Group DEBBIE Michigan Democrat responds to poll showing swing-state voters turning against impeachment Julia Musto fox-news/world/trade fox-news/shows/americas-newsroom fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/republicans fox-news/politics/house-of-representatives/democrats fox-news/person/donald-trump fox-news/media/fox-news-flash fox news fnc/media fnc article 0cbaa925-5b92-5a3c-8e39-4eb017e207f8 /FOX NEWS/WORLD/GLOBAL ECONOMY/Trade

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Peter Navarro: Democratic impeachment inquiry blocking important action in Congress

Westlake Legal Group 694940094001_6109223479001_6109214673001-vs Peter Navarro: Democratic impeachment inquiry blocking important action in Congress Peter Navarro fox-news/world/trade fox-news/us/congress fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/democrats fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/person/adam-schiff fox-news/opinion fox news fnc/opinion fnc article 36e054ed-5448-5c61-b6b1-1e2a0c1dade7

PROGRAMMING ALERT: Watch Peter Navarro discuss this op-ed and more on “Fox & Friends” on Saturday, Nov. 30 in the 6 a.m. EST hour.

The Democrats’ “Seinfeld impeachment” – it’s about nothing – has very real opportunity costs now being borne by the American people. These opportunity costs may be measured by what Congress is not doing because its legislative calendar is being devoured by impeachment.

Consider, for example, the U.S.-Mexico-Canada trade agreement (USMCA). If House Speaker Nancy Pelosi, D-Calif., took the legislative time to put USMCA on the House floor, it would pass – and likely quickly pass in the Senate. Yet this long-overdue replacement for the North American Free Trade Agreement (NAFTA) has been gathering impeachment dust for months.

The opportunity costs of Pelosi’s failure to even allow a vote on USMCA are the foregone benefits. The International Trade Commission tallies these benefits at almost $70 billion of real gross domestic product growth and almost 200,000 additional jobs. There will be greater market access for numerous American products coming from Wisconsin dairy farmers, Kansas wheat producers, California winemakers and many others.

PETER NAVARRO: TRUMP ECONOMY WILL STAY STRONG – NEW TRADE PACT AND INTEREST RATE CUT WOULD MAKE IT STRONGER

Consider next the opportunity costs of Congress’ failure to pass a drug pricing reform bill. Democrats and Republicans in the Senate have worked closely together on an issue that matters a great deal to American families: lowering prescription drug prices. They have crafted a bill (S. 2543) that would significantly improve the Medicare Part D program, hold drug companies far more accountable and save federal taxpayers billions of dollars.

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Unfortunately, this transformative bill is not progressing because the House is focusing far more on partisan investigating than bipartisan legislating. Of course, senior citizens are bearing a highly disproportionate share of this particular impeachment burden.

Now how about the lost opportunities associated with the failure to rebuild our decaying roads, bridges, airports and other critical infrastructure? President Trump’s 10-year, $1.5 trillion infrastructure investment program would raise real gross domestic product by as much as 2 percent over the next decade and increase real output by more than $1 trillion, with the higher output recouping some $200 billion in added federal tax revenue.

Meanwhile, Russia and China continue to reshape their militaries in manners that are designed to threaten America’s leadership in space. On a bipartisan basis, the House, Senate and national security experts have agreed that the military must counter these threats.

The United States Space Force, the proposed sixth branch of the armed forces, is an affordable and effective means to protect and defend the nation’s interests in space. Yet Congress is so paralyzed that it may fail to enact a defense authorization bill for the first time in nearly 60 years.

A distracted and divided House has also failed to pass a budget for the 2020 fiscal year. Instead, Congress just keeps kicking the budget can down the road with short-term spending bills known as continuing resolutions.

America’s defense-industrial base is being hit particularly hard by congressional addiction to short-term budget fixes. Exhibit A is our nation’s shipbuilding industry.

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Shipbuilding is a long lead-time and capital-intensive industry that depends on stable and predictable funding. According to the Shipbuilders Council of America, 94 percent of its members will have to halt hiring if the government continues to operate under a continuing resolution.

The American public understands intuitively that the impeachment circus launched by Pelosi and House Intelligence Committee Chairman Adam Schiff, D-Calif., is not just a partisan witch hunt. It is also a profound waste of time.

The House should be focused not on a purely partisan attempt to overthrow a duly elected president, but rather on the true priorities of the American people.

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Passing USMCA, lowering prescription drug prices, modernizing our infrastructure, launching a Space Force, and tending to the people’s business will lead to more opportunity, more economic growth, and better choices for farmers, workers, families, and communities.

It long past time for the Pelosi-Schiff impeachment circus to slink out of town and let the 116th Congress finally get to work on behalf of the American people.

CLICK HERE FOR MORE FROM PETER NAVARRO

Westlake Legal Group 694940094001_6109223479001_6109214673001-vs Peter Navarro: Democratic impeachment inquiry blocking important action in Congress Peter Navarro fox-news/world/trade fox-news/us/congress fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/democrats fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/person/adam-schiff fox-news/opinion fox news fnc/opinion fnc article 36e054ed-5448-5c61-b6b1-1e2a0c1dade7   Westlake Legal Group 694940094001_6109223479001_6109214673001-vs Peter Navarro: Democratic impeachment inquiry blocking important action in Congress Peter Navarro fox-news/world/trade fox-news/us/congress fox-news/politics/trump-impeachment-inquiry fox-news/politics/house-of-representatives/democrats fox-news/person/nancy-pelosi fox-news/person/donald-trump fox-news/person/adam-schiff fox-news/opinion fox news fnc/opinion fnc article 36e054ed-5448-5c61-b6b1-1e2a0c1dade7

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White House adviser Navarro blasts Pelosi, Schiff for leading ‘Seinfeld impeachment’

Westlake Legal Group Schiff-Pelosi-Navarro-Reuters-AP-Getty White House adviser Navarro blasts Pelosi, Schiff for leading 'Seinfeld impeachment' Sam Dorman fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/person/nancy-pelosi fox-news/person/adam-schiff fox-news/media/fox-news-flash fox news fnc/media fnc article 0744e3d5-a4d2-5827-a8c5-0900bf12786e

Peter Navarro, an economist and trade adviser for the White House, ridiculed House Democrats’ impeachment inquiry Tuesday by likening it to “Seinfeld.”

“We’ve got the Seinfeld impeachment — it’s about nothing,” he told Fox News’ Sandra Smith on “America’s Newsroom.” The hit NBC sitcom became known for its comical focus on minor events or details and consequent lack of an overriding story arc.

Navarro also discussed the United States-Mexico-Canada Agreement (USMCA), a trade deal forged by the Trump administration after renegotiating the North American Free Trade Agreement (NAFTA).

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Navarro indicated that Democrats were keeping the U.S. from a great opportunity because of the distraction of impeachment politics in Congress.

NETFLIX TO STREAM ‘SEINFELD’ STARTING IN 2021

“Here’s the thing: You can either spend all your time in Congress investigating or legislating. And so far, the Pelosi-Schiff Congress has just burned days and days and days away,” he said.

He was referring to House Speaker Nancy Pelosi, D-Calif., and House Intelligence Chairman Adam Schiff, D-Calif., two of the leading Democrats pushing the inquiry into whether Trump committed impeachable conduct during his July 25 call with Ukraine.

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Pelosi said on Monday that her caucus had come “within range” of reaching a satisfactory trade agreement after months of negotiating with the White House.

“Now, we need to see our progress in writing from the [Office of the U.S.] Trade Representative for final review,” she said, according to CNBC.

Westlake Legal Group Schiff-Pelosi-Navarro-Reuters-AP-Getty White House adviser Navarro blasts Pelosi, Schiff for leading 'Seinfeld impeachment' Sam Dorman fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/person/nancy-pelosi fox-news/person/adam-schiff fox-news/media/fox-news-flash fox news fnc/media fnc article 0744e3d5-a4d2-5827-a8c5-0900bf12786e   Westlake Legal Group Schiff-Pelosi-Navarro-Reuters-AP-Getty White House adviser Navarro blasts Pelosi, Schiff for leading 'Seinfeld impeachment' Sam Dorman fox-news/world/trade fox-news/politics/trump-impeachment-inquiry fox-news/person/nancy-pelosi fox-news/person/adam-schiff fox-news/media/fox-news-flash fox news fnc/media fnc article 0744e3d5-a4d2-5827-a8c5-0900bf12786e

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