LAHAINA, Hawaii (AP) — Trade ministers from a dozen Pacific Rim nations failed to reach a deal on a new trade agreement that would cover nearly 40 percent of the global economy, U.S. Trade Representative Michael Froman said Friday. [Reposted from The Washington Times | Audrey McAvoy | August 1, 2015] Froman, reading from a…
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Senate Majority Leader Mitch McConnell (R-Ky.) is warning U.S. officials negotiating a massive trans-Pacific trade agreement for President Obama not to target tobacco growers in a final deal. [Reposted from The Hill | Bernie Becker and Vickie Needham | July 31, 2015] McConnell said singling out the tobacco industry would set a dangerous precedent for…
SINGAPORE — Days after negotiators failed to wrap up an Asia trade agreement, Secretary of State John Kerry expressed confidence on Tuesday that the pact would be completed, calling it vital for the economic well-being of the region. [Reposted from The New York Times | Michael R. Gordon | August 4, 2015] “We made progress,…
WASHINGTON – The latest ministerial meeting for a proposed 12-nation Trans-Pacific Partnership ended without a final deal being reached, although the delegates said significant progress was made. [Reposted from the Latin American Herald Tribune | August 3, 2015] On Friday, the New York Times said talks among the trade ministers had become bogged down on…
LAHAINA, Hawaii — Trade negotiators from the United States and 11 other Pacific nations failed to reach final agreement on Friday, with difficult talks on the largest regional trade agreement ever deadlocking over protections for drug companies and access to agriculture markets on both sides of the Pacific. [Reposted from The New York Times | …
(Reuters) – China failed to comply with a World Trade Organization ruling that found its tariffs on a type of speciality steel products breached global trade rules, a WTO panel said in a ruling on Friday. [Reposted from Reuters | Tom Miles | July 31, 2015] The ruling noted, however, that China had stopped applying…
Administration officials are desperately trying to wrap-up Trans-Pacific Partnership (TPP) negotiations in the next few days or so. If they can get it done right now, it enables a timeline for pushing it through Congress by the end of the year — before the public can rally opposition, and before the Presidential campaign season could bring…
U.S. Trade Representative Michael Froman. Photographer: Nicholas Kamm/AFP via Getty Images High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over dairy and vehicle policies trumped progress in other areas. The dialogue may resume within weeks. [Reposted from Bloomberg Business | Carter Dougherty | …
Hillary Clinton appeared to take another step away from the Trans-Pacific Partnership on Thursday, telling reporters that she didn’t work on the controversial trade deal while serving as President Barack Obama’s secretary of state. [Reposted from Bloomberg Politics | Josh Eidelson | July 30, 2015] The Democratic presidential front-runner, who advocated for a multi-lateral Asia trade agreement as…
