September 16, 2019
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Federal Issues

Trade war eases slightly as president delays tariffs

The ongoing trade war between the world’s two largest economies took a turn for the better last week when President Trump delayed tariffs that were set to rise for $250 billion of Chinese products, The New York Times reports.

The move was made “at the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary on October 1st,” the president said in a tweet.

On Friday, China responded by announcing it would lift tariffs on U.S. soybeans and pork, “adding to conciliatory gestures by the two sides ahead of negotiations,” The Chicago Sun-Times reported.

A Chinese news agency said Beijing “supports domestic companies in purchasing a certain amount of U.S. farm produce,” the newspaper reported.

These conciliatory moves come in advance of more trade talks scheduled for October. Chinese officials have agreed to travel to Washington, D.C., for the next round of negotiations.

“Hopes are growing that the two sides might defuse the prolonged dispute that is threatening global economic growth,” The Sun-Times reported. “But there has been no sign of progress on the main issues in their sprawling conflict over trade and technology.”



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Renew Ex-Im Now


Help Washington growers, manufacturers get their products to the world

By AWB President Kris Johnson

Washington is the most trade-driven station in the nation per-capita, with more than 40% of our jobs connected in some way to trade. Manufactured goods make up 82% of our state's exports and Washington is the third-largest exporter of food and agriculture products in the country.

That's why it's critically important that Congress and the presidential administration renew the charter for the Export-Import Bank, which is set to expire at the end of September.

The Ex-Im Bank is an independent federal agency that provides export credit to oversees purchasers of U.S. goods and services. It contributes to the economy by supporting American jobs, and it doesn't cost taxpayers anything. Since 2000, the Ex-Im Bank has provided nearly $15 billion to the U.S. Treasury...

Read the full column in The Wenatchee Valley Business World
Ideas for Career-Connected Learning


How Vocational Education Got a 21st Century Reboot

With schools across 10 states, the P-TECH program prepares its students for good jobs that corporations pay well for.

The P-TECH idea was invented in 2010, when then-IBM CEO Sam Palmisano was chatting up his friend Joel Klein, then New York City's schools chancellor. During a rain delay at the U.S. Open tennis tournament, Palmisano told Klein that the tech industry was having trouble finding young people with the skills it needed. Klein proposed opening a six-year school with the City University of New York and curriculum input from IBM. Students could work IBM internships and, if they passed a company certification test, would be first in line for job interviews at IBM. Palmisano agreed. New York Mayor Michael Bloomberg announced the plan in September 2010 and gave the partners a year to open the school.

When Klein and Palmisano shook on the deal, vocational education was just beginning to emerge from the academic backwater where it had languished for decades. Conceived a century ago so high school students could learn a trade if they weren't going to college, vocational education had developed a reputation as a dumping ground for students who weren't doing well in regular academics. Harvard's influential Pathways to Prosperity report, released in 2011, warned that nearly two-thirds of new jobs of the 2010s would require more than a high school education -- yet only 40 percent of Americans had obtained a bachelor's degree or associate's degree by their mid-20s.

By contrast, the report noted, 40 to 70 percent of high school kids in many European countries spent three years in career programs that combined classroom and workplace experience, where they earned diplomas or certificates strongly valued in the labor market...

Read the full report in Politico