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On April 26, according to the Wall Street Journal, in order to simplify the negotiations on reciprocal tariffs, US negotiating officials plan to use a new framework developed by the Office of the United States Trade Representative (USTR), which lists major categories of negotiations, such as tariffs and quotas, non-tariff trade barriers, digital trade, product origin principles, economic security and other commercial issues. In these categories, US officials will put forward specific requirements for individual countries, but people familiar with the matter emphasized that this document may also be adjusted at any time. People familiar with the matter said that the United States initial plan is to negotiate with 18 major trading partners in turn over the next two months. The initial plan is to alternately participate in the talks with six countries per week for three weeks (six countries in the first week, another six countries in the second week, and another six countries in the third week) until the deadline of July 8. If US President Trump does not extend the 90-day suspension period he set by then, those countries that cannot reach an agreement will begin to face reciprocal tariffs.On April 26, after the United States announced additional tariffs on goods from many countries, Peruvian business people expressed concerns that the US governments extreme measures would disrupt the global trade order and may even trigger a global economic recession. Alvaro Barrenechea Chavez, vice president of the Peruvian-Chinese Chamber of Commerce, said that the negative impact of the US tariff policy has begun to emerge and hoped that the US government would rethink. Recognizing the importance of countries working together to promote development, I think this is the best way to become a true "world citizen."Market news: Musks xAI company plans to raise about US$20 billion in a financing round.Conflict situation: 1. Ukrainian top commander: Russia tried to use air strikes as a cover to increase ground attacks, but was repelled by Ukraine. 2. Ukrainian Air Force: Russia launched more than 103 drones in the night attack on Ukraine. 3. Local officials said Ukraine launched an attack in the Belgorod region of Russia, killing two people. 4. The local governor said that Russia launched an attack on the Dnipropetrovsk region of Ukraine, killing one person and injuring eight people. Peace talks: 1. Trump: ① The situation between Russia and Ukraine is gradually becoming clear, and they are "very close" to reaching an agreement. ② Ukraine is unlikely to join NATO. ③ Ukraine has not yet signed the rare earth agreement and hopes that the agreement can be signed immediately. ④ It is foreseeable that the United States will conduct commercial cooperation with Ukraine and Russia after reaching an agreement. 2. Russian Foreign Minister: Russia is "ready to reach an agreement on Ukraine." 3. Russian Presidential Assistant Ushakov: Russia and the United States will continue to maintain active dialogue. 4. Russian Presidential Assistant: Putin discussed the possibility of resuming direct negotiations between Russia and Ukraine with the US envoy. 5. The differences between the United States, Europe and Ukraine are clear. The documents show that European countries and Ukraine have raised objections to some of the US proposals to end the Russia-Ukraine conflict. 6. Market news: As part of the peace agreement, the United States asked Russian President Putin to abandon the demilitarization requirement. Other situations: 1. President of Hungarys OTP Bank: We hope to return to all business areas in Russia after the (Russia-Ukraine) conflict ends. 2. Ukrainian President Zelensky: US ground forces are not necessary for Ukraine. 3. Trump said Crimea will remain in Russia, Zelensky: Never recognize it. Agreeing with Trumps view, Crimea cannot be recovered by force. 4. NATO Secretary-General Rutte met with Trump and senior US officials to discuss defense spending, NATO summit, and the Ukrainian conflict.Rising global trade risks, overall policy uncertainty and the sustainability of U.S. debt top the list of potential risks to the U.S. financial system, according to the Federal Reserves latest financial stability report released on Friday. This is the first time the Fed has conducted a semi-annual survey on financial risks since Trump returned to the White House. 73% of respondents said that global trade risks are their biggest concern, more than double the proportion reported in November. Half of the respondents believe that overall policy uncertainty is the most worrying issue, an increase from the same period last year. The survey also found that issues related to recent market turmoil have received more attention, with 27% of respondents worried about the functioning of the U.S. Treasury market, up from 17% last fall. Foreign withdrawals from U.S. assets and the value of the dollar have also risen on the list of concerns.

Recent US Union Victories At Amazon, Starbucks, and Others

Charlie Brooks

Apr 02, 2022 09:20

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Last year, 10.3 percent of pay and salary employees in the United States were union members – less than half the 1983 rate – while union membership in the private sector, which includes Amazon and Starbucks Corp, was only 6.1 percent. In January and February of this year, there were 149 union elections, compared to 103 in the same two months last year.


The following is a list of important recent union wins.

AMAZON

Workers at an Amazon.com plant on Staten Island, New York, voted on Friday to become a union, making it the online retailer's first unionized site in the United States.


The creation of a new, independent union at the No. 2 private company in the United States adds to previous victories for labor organizers in new areas. Not all labor campaigns succeed, as seen by the early outcome of a vote count among Amazon warehouse employees in Alabama.

STARBUCKS

Workers United, an affiliate of the Service Employees International Union, was recently formed by employees at ten Starbucks stores in the United States. Five are located in Buffalo, New York; two are located in Mesa, Arizona; one is located in Seattle, starbucks; and one is located in Knoxville, Tennessee.


As of Friday, at least 170 further petitions for elections had been filed. Over a dozen other cafés will conduct ballot counting in the coming weeks.


Starbucks defeated a union at one of its Buffalo locations.

The New York Times

The New York Times' around 600 designers, software engineers, data analysts, and other technology staff voted in March to join the NewsGuild of New York, which has won a number of previous elections over the last two years.


The March results established the biggest union of bargaining-united technology workers in the United States. Additionally, the NewsGuild represents Reuters journalists based in the United States.

GOOGLE FIBER

Contractors in Kansas City, Missouri, for Google Fiber, a high-speed internet service owned by Alphabet Inc, voted last week to unionize. While just ten employees were participating, it was the inaugural bargaining unit of the Alphabet Workers Union (AWU).


The AWU claims to have grown to 800 members in less than a year since its inception, although those members lack the right to collective bargaining.

INDUSTRY OF CANNABIS

The United Food and Commercial Workers unionized cannabis lab Sonoma Lab Works and cannabis producer CannaCraft Manufacturing in June.


As the number of cannabis cultivators and dispensaries has increased, so has the number of union campaigns in the business. The UFCW said that it has grown to become the biggest union representing cannabis workers in the United States, with more than 10,000 members.

VALLEY OF SILICON

Kickstarter workers chose to become a union in 2020, making it the first large technology business to do so. Workers at Mapbox, a location data business, lost their effort to organize a union in August.