From rat meat masquerading as lamb to tainted milk to exploding watermelons, Chinese consumers have become inured to stomach-churning food scandals. But on Tuesday, countless people were forced to ponder the benefits of vegetarianism after news reports emerged that unscrupulous meat traders had been peddling tons of beef, pork and chicken wings that in some…
WASHINGTON — A year ago, an entrepreneur from California came before the House Financial Services Committee, a Purple Heart pinned to his lapel from his Marine Corps service in Vietnam, to plead for the Export-Import Bank — and by extension his livelihood. [by Jonathan Weisman | June 25, 2015 | NY Times] The committee’s…
When it was all but over, and the trade legislation that President Barack Obama and congressional Republicans spent many agonizing months brokering was on the brink of law, House Democratic leader Nancy Pelosi was left to lament that she and her party had been shut out by the president she helped elect. [Reposted from Politico …
Sen. Marco Rubio has a new headache from the right: His support for President Obama’s Pacific trade deal [Reposted from the Miami Herald | Alex Leary | June 24, 2015] “Marco Rubio Casts Deciding Vote For Obamatrade Without Even Reading It,” screamed a headline in Breitbart News, which last rode the Florida Republican on immigration. Deciding vote is…
The US Steel industry has long said that a wave of cheap and illegally subsidized imports is crushing its ability to compete. [by Jeff Yoders | June 26, 2015 | Metal Miner] While not turning a blind eye to the situation, Washington has not been as responsive to the situation as many in the…
To kill the Export-Import Bank, all that House Republican leaders opposing it have to do is let the bank’s charter expire Tuesday — and they are leaving Friday for the Fourth of July recess without even holding a vote to reauthorize it. [Reposted from the LA Times | Jim Puzzanghera | June 26, 2015] The…
For Immediate Release: June 25, 2015 Billings, Mont. – Today, the Senate Committee on Agriculture, Nutrition and Forestry held a hearing regarding the United States’ country of origin labeling (COOL) law and trade retaliation. Five of the witnesses who were selected to testify at the hearing favored the immediate repeal of COOL to…
Following the approval of Trade Promotion Authority (TPA) legislation Wednesday afternoon (June 24), the Senate passed a bill renewing Trade Adjustment Assistance (TAA) and tariff preferences for developing countries, and moved to initiate a conference with the House to reconcile differences over a customs and enforcement bill. [posted June 24, 2015 | Inside U.S.…
As long as there have been trade deals, there have been proponents and opponents, and there have been winners and losers. There is rarely agreement on whether a deal is good or bad for the people. [Reposted from the News Blaze | Alan Gray | June 23, 2015] Has become apparent that Barack Obama has…