Political Capital

Posts tagged: trade

A bartender pours champagne.

Photograph by Kuni Takahashi/Bloomberg

A bartender pours champagne.

Champagne Lobby Bubbling in DC

Thomas Jefferson, author of the Declaration of Independence, was an unabashed Francophile. George Washington had France to thank for helping defeat the British at Yorktown, effectively ending the Revolutionary War. Jefferson was dispatched to Paris as ambassador for the nascent American democracy,...

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Tubes of steel at the Port of Tampa in Florida.

Photograph by Ty Wright/Bloomberg

Tubes of steel at the Port of Tampa in Florida.

U.S. Steel, Steelworkers Seeking Import Enforcement

Labor bosses and corporate titans usually spend their time as adversaries trying to undo the other’s agenda. Not so with United Steelworkers President Leo Gerard and United States Steel Corp. Chief Executive Officer Mario Longhi, who came to Washington today to press for penalties...

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A model Shadow M2 unmanned aerial vehicle, manufactured by Textron Systems Corp., during the Singapore Airshow on Feb. 11, 2014.

Photograph by Brent Lewin/Bloomberg

A model Shadow M2 unmanned aerial vehicle, manufactured by Textron Systems Corp., during the Singapore Airshow on Feb. 11, 2014.

Textron’s Lord Seeks Relaxed Export Controls

Textron Systems, the defense division of Textron Inc., has plans to grow its international sales to 50 percent of revenue by 2016, up from more than 35 percent in 2013.  The overseas business will help offset the loss of U.S....

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U.S. Treasury Secretary Jacob Lew, right, walks away after being greeted by Chinese Premier Li Keqiang during a meeting at the Great Hall of the People on May 13, 2014 in Beijing.

Photograph by Andy Wong - Pool /Getty Images

U.S. Treasury Secretary Jacob Lew, right, walks away after being greeted by Chinese Premier Li Keqiang during a meeting at the Great Hall of the People on May 13, 2014 in Beijing.

Lew in China: Signs of Opening, No Timetable

U.S. Treasury Secretary Jack Lew, in Beijing for one day of talks with top Chinese officials, was told that the country’s leaders are committed to opening up the world’s second-largest economy.  What’s unclear is when that might happen. Lew, who...

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Painted matryoshka dolls portraying world leaders including, left to right, U.S. President Obama, Russia's President Putin, France's President Hollande and Russia's Prime Minister Medvedev, in St. Petersburg, Russia.

Photograph by Andrey Rudakov/Bloomberg

Painted matryoshka dolls portraying world leaders including, left to right, U.S. President Obama, Russia's President Putin, France's President Hollande and Russia's Prime Minister Medvedev, in St. Petersburg, Russia.

Bloomberg by the Numbers: $38.1 Billion

Business between the U.S. and Russia totaled $38.1 billion in 2013, according to the Commerce Department. Imports — the values of goods and services entering the U.S. from Russia — totaled $26.96 billion, the 18th highest level in the world....

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The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Photograph by Brent Lewin/Bloomberg

The Dah Chong Hong Commercial Centre is reflected in a taxi's rear window in the Quarry Bay district of Hong Kong.

Bloomberg by the Numbers: $31.9 Billion

That’s China’s trade surplus — in January. It is the widest gap between imports and exports reported by Beijing in a January since 2009. Yet, the growth projected for China’s economy this year marks the slowest pace in 24 years....

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U.S. Secretary of Commerce Penny Pritzker discusses a new initiative to promote exports on Jan. 9, 2014.

Photograph by Nick Ut/AP Photo

U.S. Secretary of Commerce Penny Pritzker discusses a new initiative to promote exports on Jan. 9, 2014.

Pritzker Practices Alphabet on Detroit

Commerce Secretary Penny Pritzker served Detroit a helping of Washington’s alphabet soup today, introducing the city to wonky acronyms like TPP, TPA and T-TIP as she seeks to sell President Barack Obama’s proposed trade deals. “Together, these agreements that are...

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President Barack Obama walks with New Zealand Prime Minister John Key to the second green as they golf at Kaneohe Klipper Golf Course on Marine Corps Base Hawaii in Kaneohe Bay on Jan. 2, 2014.

Photograph by Carolyn Kaster/AP Photo

President Barack Obama walks with New Zealand Prime Minister John Key to the second green as they golf at Kaneohe Klipper Golf Course on Marine Corps Base Hawaii in Kaneohe Bay on Jan. 2, 2014.

Obama’s Hawaiian Putt Sputters, New Zealand PM’s Son High-Fived

Nearly two weeks into his Hawaiian vacation on the island of Oahu in which he’s mostly steered clear of politics, President Barack Obama golfed today with New Zealand’s prime minister at the Kaneohe Bay golf course. While the foursome with...

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