When the U.S.-Korea Free Trade Agreement (KORUS) was passed just over four years ago, President Obama said that the agreement would support 70,000 U.S. jobs. This claim was supported by a White House fact sheet that claimed that the KORUS agreement would “increase exports of American goods by $10 to $11 billion…” and that they would “support 70,000…
Republican front-runner Donald Trump‘s warning against the “false song of globalism” strikes a sharply different note than President Obama did in his recent performance in London. [Curtis Ellis| May 2, 2016 |The Hill] Obama has provided further evidence that the Trans-Pacific Partnership (TPP) more closely resembles a scheme for international governance like the European Union rather…
Senate Majority Leader Mitch McConnell (R-KY) this week strongly downplayed the chances for a congressional vote on the Trans-Pacific Partnership in a lame-duck session, though he stopped short of completely ruling it out. [Daily News| May 5, 2016 |Inside US Trade] McConnell, in a May 1 interview with the agriculture news service AgriPulse, declined to…
It’s amazing how just a little transparency forced onto the free trade deals the Obama administration been negotiating in secret totally turns the public against them. [Trevor Timm| May 4, 2016 |The Guardian] After the contents of the proposed Transatlantic Trade and Investment Partnership (TTIP) between the US and the European Union was leaked and published by Greenpeace a…
CARDIFF, Wales — With thunderous roars and flashes of blue light, an electric arc furnace at a steel mill in this industrial city melts 170 tons of scrap metal at a time, which is made into reinforcing bars for construction projects across Britain. [Stanley Reed & Keith Bradsher| May 3, 2016 |The New York Times]…
FOR IMMEDIATE RELEASEMay 4, 2016 Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] President Barack Obama penned a Washington Post op-ed yesterday outlining a flimsy case for the Trans-Pacific Partnership (TPP) deal. The TPP is currently on life support due to a voter revolt against trade and global governance deals. Presidents Clinton and Bush also pushed…
A group of cattle ranchers are going to court again to challenge the Agriculture Department’s oversight of the beef checkoff program, this time arguing that it should be promoting only U.S. beef, our Ian Kullgren reports. In a complaint to be filed in a Montana federal court today, R-CALF USA will argue that its members…
In a recent op-ed piece for The Washington Post, US President Barack Obama noted that the Trans-Pacific Partnership (TPP) would help his country lead in global trade. Analyst William Jones said the economic consequences of the initiative will be disastrous. [May 4, 2016 |Sputnik News] “America should write the rules. America should call the shots.…
Coalition for a Prosperous America CEO Michael Stumo claims that the TPP free trade agreement is unlikely to put the United States in a better position than countries like China to write and enforce the rules of the global economy. [May 4, 2016 |Sputnik News] WASHINGTON (Sputnik) — The Trans-Pacific Partnership (TPP) free trade agreement is…
There was a time not so long ago when trade agreements weren’t considered a “topic of interest” for the general American public. Occasionally, a reporter would cover the subject, only to continue the “free trade is good” rhetoric. If a person was against a “free trade agreement,” that person was considered a protectionist and an…
