FOR IMMEDIATE RELEASE June 23, 2015 Demand for Trade Change Hits New High Washington (June 23, 2015) – Michael Stumo, CEO of the Coalition for a Prosperous America (CPA) released the following statement: “The Senate narrowly approved a cloture motion to end debate on Fast Track today by a vote of 60-37. Three senators…
According to U.S. Trade Representative Michael Froman, the Trans-Pacific Partnership (TPP) has a big benefit: With a signed TPP, American-made goods will finally enjoy tariff-free access to consumers in countries like Vietnam, Malaysia, and Singapore. However, some tariffs will not be dropped immediately, but instead will be phased out over a number of years. [Reposted…
The Senate on Tuesday voted to advance President Obama’s trade agenda, approving a measure to end debate on fast-track authority. [Reposted from The Hill | Alexander Bolton | June 23, 2015] The 60-37 motion sets up a vote on final passage on Wednesday. If the Senate approves fast-track or trade promotion authority (TPA), it would…
Real gross domestic product — the value of the production of goods and services in the United States, adjusted for price changes — decreased at an annual rate of 0.2 percent in the first quarter of 2015, according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP…
Congress is about to give President Obama the authority to sign trade agreements that lawmakers will be able to vote up or down but not amend. Now, it is up to the administration to reach deals with other nations that live up to the high standards on labor rights, environmental protection, access to medicines and…
Contact Kevin L. Kearns: 202 957 9994 (cell); 202 266 3980 (office) Domestic Manufacturers: Many Phony Arguments used by TPA Proponents Several key points to remember as the Senate considers TPA today: [Reposted from the USBIC site | Kevin Kearns | June 24, 2015] 1 — 95 percent of the world’s consumers do not…