The Trans-Pacific Partnership (TPP) will create the most powerful and lucrative trading bloc since the inception of the European Union. Or maybe not. To paraphrase Donald Rumsfeld, we should worry about the unknown unknowns, an awkward phrase that says a lot about blindly tap dancing across political mine fields. The TPP most likely will…
For Immediate Release, October 21, 2015 Haley Graves, (202) 225-2171 Opening Statement: Chairman K. Michael Conaway Committee on Agriculture Hearing: Foreign Subsidies: Jeopardizing Free Trade and Harming American Farmers Remarks as prepared for delivery: The purpose of today’s hearing is to examine high and rising foreign subsidies, tariffs, and other barriers to trade and…
Senate Majority Leader Mitch McConnell has found himself at the center of a pitched battle over the reauthorization of the federal Export-Import Bank. [Reposted from The Hill | Kevin Cirilli | October 22, 2015] Supporters of the besieged bank enraged conservatives earlier this month by deploying a rarely used legislative tactic to force a vote…
Rep. Gerry Connolly (D-VA) said Wednesday (Oct. 21) that he plans to drive home the message to the Obama administration that it must bring a Trans-Pacific Partnership (TPP) implementing bill to a congressional vote within the first two or three months of 2016 or risk delaying the vote until the lame-duck session after the…
The American Iron and Steel Institute had strong words for a Treasury Department report that said China is not a currency manipulator and, while US construction-in-place values fell for the month, they are still well ahead of 2014’s pace. [by Jeff Yoders | October 20, 2015 | MetalMiner] The Obama Administration’s announced yesterday, in…