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Inter-Industry Advisory Council For Trade Negotiations
{{cleanup, date=January 2012 Established in late 1972, the Inter-Industry Council for Trade Negotiations (IIAC-TN) by National Association of Manufacturers (NAM) staff director for International Economic Affairs (IEA) Nicholas E. Hollis- was initially designed to mobilize an industry-wide study of non-tariff barriers (NTBs) to bolster industry support for stronger participation in the multilateral trade negotiations process. Early Development IIAC-TN was launched as a project of NAM's Task Force on NTBs chaired by Samuel E. MacArthur, chairman and chief executive of Federal-Mogul Corporation - a Fortune 500 ball bearing manufacturing company headquartered outside Detroit - and began mobilizing during a conference held on November 10, 1972, in Washington, D.C. The convened group of industry trade association executives, representing some twenty major sectors were encouraged by Peter M. Flanigan, assistant to President Nixon for international economic affairs and also heard a propo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Manufacturers
The National Association of Manufacturers (NAM) is an advocacy group headquartered in Washington, D.C., with additional offices across the United States. It is the nation's largest manufacturing industrial trade association, representing 14,000 small and large manufacturing companies in every industrial sector and in all 50 states. Jay Timmons has led the organization as President and CEO since 2011. A 2018 ''Business Insider'' article described the NAM as "a behemoth in the US capital, receiving unfettered access to the White House and top lawmakers on Capitol Hill." In 2018, House Ways and Means Chairman Kevin Brady commented that passage of the Tax Cuts and Jobs Act would not have happened without leadership from the National Association of Manufacturers. Policy issues The NAM's policy issue work is focused in the areas of labor, employment, health care, energy, corporate finance, tax, bilateral trade, multilateral trade, export controls, technology, regulatory and infrastruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicholas Everett Hollis
Nicholas Everett Hollis, born May 11, 1944, in Randolph, Vermont, became a leading trade expansionist over the last three decades of the twentieth century sponsoring dozens of high-level trade/investment missions and international conferences utilizing influential business and government positions in organizations, including the U.S. Chamber of Commerce, National Association of Manufacturers (NAM), Industry Center for Trade Negotiations (ICTN), U.S. Department of State/Agency for International Development (USAID), Agri-Energy Roundtable (AER), and most recently as president of The Agribusiness Council (ABC), a nonprofit organization founded by Henry Heinz II in 1967. Early life The eldest son of Everett L. Hollis, a prominent Chicago attorney, and Marion Armstrong Jennings, a fiction writer, Hollis grew up outside Washington, D.C., and New York City, attended public schools and received a Bachelor of Arts degree in history (with honors) from DePauw University (1966) and a mast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-tariff Barriers To Trade
Non-tariff barriers to trade (NTBs; also called non-tariff measures, NTMs) are trade barriers that restrict imports or exports of goods or services through mechanisms other than the simple imposition of tariffs. The Southern African Development Community (SADC) defines a non-tariff barrier as "''any obstacle to international trade that is not an import or export duty. They may take the form of import quotas, subsidies, customs delays, technical barriers, or other systems preventing or impeding trade''". According to the World Trade Organization, non-tariff barriers to trade include import licensing, rules for valuation of goods at customs, pre-shipment inspections, rules of origin ('made in'), and trade prepared investment measures. A 2019 UNCTAD report concluded that trade costs associated with non-tariff measures were more than double those of traditional tariffs. History The transition from tariffs to non-tariff barriers One of the reasons why industrialized countries have m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multilateral Trade Negotiations
The term multilateral trade negotiations (MTN) initially applied to negotiations between General Agreement on Tariffs and Trade (GATT) member nations conducted under the auspices of the GATT and aimed at reducing tariff and nontariff trade barriers. In 1995 the World Trade Organization (WTO) replaced the GATT as the administrative body. A current round of multilateral trade negotiations was conducted in the Doha Development Agenda round. Prior to the ongoing Doha Development Round, eight GATT sessions took place: * 1st Round: Geneva Round, 1947 * 2nd Round: Annecy Round, 1949 * 3rd Round: Torquay Round, 1950-51 * 4th Round: Geneva Round, 1955-56 * 5th Round: Dillon Round, 1960-61 * 6th Round: Kennedy Round, 1963-67 * 7th Round: Tokyo Round, 1973-79 * 8th Round: Uruguay Round The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1993 and embracing 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal-Mogul
Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles; and industrial, agricultural and power-generation applications. It was acquired in February 2022 by Apollo Global Management. Federal-Mogul operated two independent business divisions, Federal-Mogul Powertrain and Federal-Mogul Motorparts. The two divisions each had their own chief executive officer. History Origins Federal-Mogul was founded in Detroit in 1899 by J. Howard Muzzy and Edward F. Lyon as the Muzzy-Lyon Company. Muzzy and Lyon went into business together producing mill supplies and rubber goods. In addition, the partners formed a subsidiary called the Mogul Metal Company where they launched various bearing innovations. Muzzy Lyon began producing bearings made from their own Babbitt metal called ''Mogul'', an alloy of tin, antimony and copper. The product was trademarked under the names of "Mogul" and "D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. ''Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional economy in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (other) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Nixon
Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower. His five years in the White House saw reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union and China, the first manned Moon landings, and the establishment of the Environmental Protection Agency and Occupational Safety and Health Administration. Nixon's second term ended early, when he became the only president to resign from office, as a result of the Watergate scandal. Nixon was born into a poor family of Quakers in a small town in Southern California. He graduated from Duke Law School in 1937, practiced law in California, then moved with his wife Pat to Washington in 1942 to work for the federal government. After active duty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industry Center For Trade Negotiations
The Industry Center for Trade Negotiations (ICTN), established in May 1975 as a non-profit, membership association with offices in Washington, D.C., United States and Geneva, Switzerland, monitored the multilateral trade negotiations, providing information and support services for U.S. industry sponsors with the purpose of supplementing industry participation in, and understanding of, the complexities of the so-called Tokyo Round until disbanding in August 1979. Origins Initially conceived as part of an ambitious project to quantify non-tariff trade barriers (NTBs) spearheaded by the National Association of Manufacturers (NAM)’s International Economic Affairs (IEA) department led by Nicholas E. Hollis, vice president and manager,ICTN evolved from a coalition of twenty five industrial trade associations, representing such diverse sectors as the American Paper Institute, the Farm and Industrial Equipment Institute, the Computer and Business Equipment Manufacturers Association, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Negotiation
The term multilateral trade negotiations (MTN) initially applied to negotiations between General Agreement on Tariffs and Trade (GATT) member nations conducted under the auspices of the GATT and aimed at reducing tariff and nontariff trade barriers. In 1995 the World Trade Organization (WTO) replaced the GATT as the administrative body. A current round of multilateral trade negotiations was conducted in the Doha Development Agenda round. Prior to the ongoing Doha Development Round, eight GATT sessions took place: * 1st Round: Geneva Round, 1947 * 2nd Round: Annecy Round, 1949 * 3rd Round: Torquay Round, 1950-51 * 4th Round: Geneva Round, 1955-56 * 5th Round: Dillon Round, 1960-61 * 6th Round: Kennedy Round, 1963-67 * 7th Round: Tokyo Round, 1973-79 * 8th Round: Uruguay Round The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1993 and embraci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Adjustment Assistance
Trade Adjustment Assistance (TAA) is a federal program of the United States government to act as a way to reduce the damaging impact of imports felt by certain sectors of the U.S. economy. The current structure features four components of Trade Adjustment Assistance: for workers, firms, farmers, and communities. Each cabinet-level department was tasked with a different sector of the overall Trade Adjustment Assistance program. The program for workers is the largest, and administered by the U.S. Department of Labor. The program for farmers is administered by the U.S. Department of Agriculture, and the firms and communities programs are administered by the U.S. Department of Commerce. A 2020 study found that counties with a history of successful petitions for trade adjustment assistance were less likely to support protectionism and were more likely to support Democratic candidates in the future. History Trade Adjustment Assistance consists of four programs authorized under the T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
