National Foreign Trade Council News
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A U.S. regulation requiring public companies engaged in oil, natural gas or mineral extraction to disclose payments to foreign governments was questioned by appeals court judges, who asked whether it violates the right to free speech.
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Lawmakers seeking to rewrite the U.S. tax code have a narrower path to an agreement because of the partisan divide over how much money the federal government should collect.
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President Barack Obama’s tax agenda didn’t start with rate increases alone and it won’t end there.
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Scott Davis , chief executive officer of United Parcel Services Inc. , says a U.S. campaign season rife with blasts at China and sending jobs abroad masks what the new Congress means for global commerce: a chance to pass long- stalled agreements to remove trade restrictions.
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China isn’t a currency manipulator under U.S. law, though the yuan “remains significantly undervalued” and needs to rise further, the Treasury Department said.
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Republican presidential nominee Mitt Romney has pledged to declare China a currency manipulator on his first day in office. It may not be that easy, or have the desired effect.
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U.S. multinational companies have been seeking a tax break on overseas income for years, and the top Republican tax writer in Congress is proposing to give it to them. There’s a catch they don’t like.
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The week after U.S. oil executives in Libya received tongue-lashings from Muammar Qaddafi and one of his lieutenants in February 2008, Occidental Petroleum Corp . hired an additional lobbyist.
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Florida would be banned from approving contracts of $1 million or more with companies doing business in Cuba or Syria under legislation signed by Republican Governor Rick Scott.
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For Zaw Naing, 40, who sells satellite imagery to Myanmar’s government, teeing off on the golf course with any of the former generals running the country is essential to sealing deals. Sometimes, he has to do more.
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