July 6, 2011 Headlines: GOP May Cut Infrastructure Funding, WTO Hits China, US Automakers Surge, and More
WaPo: House Republicans may slash funding for infrastructure by one-third. (That’s not winning the future.)
FT: The Big Three have 50 percent market share in the U.S. for the first time in more than three years.
The Hill: The WTO dings China for its raw material export restrictions; it’s a victory for manufacturing in the US, Mexico, EU and elsewhere.
Bloomberg: China may allow the SEC to probe potential financial improprieties of its firms.
Marginal Revolution: Germany continues its strong recovery.
FT: Carmakers are once again investing in U.S. factories.
Manufacturing News: Don’t expect the Department of Defense to help revitalize manufacturing.
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