So a deal between the signatory nations has finally been reached for the Trans-Pacific Partnership. (Personally, I’ve been fighting this for a long time.) [Reposted from the Huffington Post | Ian Fletcher | October 5, 2015] This is firmly on Obama’s plate. Given his status as a liberal president, the public’s ever-growing disapproval of free-trade…
Democratic presidential front-runner Hillary Clinton on Wednesday (Oct. 7) said she is “not in favor” of what she understands so far of the Trans-Pacific Partnership (TPP) deal, citing its failure to address currency manipulation and its protections for pharmaceutical companies, but stopped well short of declaring her firm opposition to the deal. [Reposted from Inside…
KANSAS CITY, Mo. – Opponents of the Trans-Pacific Partnership are raising their voices just as multiple industries in the United States applaud US trade negotiators for reaching an agreement on the trade pact. [Reposted from Meat & Poultry | Erica Shaffer | October 6, 2015] R-CALF USA expressed its opposition to the deal because it…
(CNN)Hillary Clinton came out against the Trans Pacific Partnership in an interview Wednesday, breaking with President Barack Obama and his administration, which has forcefully promoted the deal. [Reposted from CNN | Dan Merica and Eric Bradner | October 7, 2015] Clinton told PBS’ Judy Woodruff Wednesday in Iowa that, “As of today, I am not…
Washington, D.C. – The Commerce Department released the latest monthly U.S. trade figures Tuesday. The overall monthly U.S. international goods and services trade deficit increased 16 percent in August to $48.3 billion, from $41.8 billion in July, revised. Exports dropped 2 percent and imports rose 1.2 percent in July. [Reposted from the blog of the…
President Obama has had a sometimes rocky relationship with unions — and the workers they represent. Just this week, union leaders expressed displeasure at the administration’s concluding of the Trans-Pacific Partnership, a trade deal that unions fear will be bad for workers. [Reposted from The New York Times | Michael Shear | October 7, 2015]…
The historic trade deal struck by the U.S. and 11 other Pacific nations would benefit a number of U.S. industries, analysts and trade groups said Monday. But they say the deal won’t be a positive across the board. [ by Robert Schroeder | October 5, 2015 | MarketWatch ] The U.S. and the 11…
ATLANTA — Ending seven years of stop-and-start negotiations, officials from 12 Pacific Rim countries clinched early Monday a free-trade agreement that will allow two-fifths of the world’s goods and services to move more easily — but not entirely freely — across national borders. The pact, known as the Trans-Pacific Partnership, also poses a challenge to China, by…
Moments after the United States and 11 other Pacific Rim countries reached an agreement on the Trans-Pacific Partnership, Sen. Bernie Sanders, a surging contender for the Democratic presidential nomination, called the accord “disastrous.” [ by Ross Barkan | October 5, 2015 | Observer ] Mr. Sanders, an independent and self-identified socialist, has joined organized…
Editor’s Note: The following is a statement on the Trans-Pacific Partnership (TPP) from Ziad Ojakli, Group Vice President for Government and Community Relations: WASHINGTON, DC, October 5, 2015 – “As a top U.S. exporter, Ford supports free trade agreements that result in real market openings and a level playing field for all to compete. “Within…
