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…
On Monday, June 15th, House Republican leadership announced that they had decided to delay the re-vote anytime up to July 30th on Trade Promotion Authority (TPA) which “fast tracks” ObamaTrade. Less than three days later, the opposition was blindsided by representatives in the House approving the standalone TPA bill by a close vote of 218…
Billings, Mont. – Today, R-CALF USA CEO Bill Bullard issued the following statement in response to U.S. Senator Debbie Stabenow’s (D-MI) introduction of legislation that would repeal mandatory country of origin labeling (COOL) for muscle cuts of beef and pork and put in its place a completely voluntary labeling program. [Reposted from the R-CALF site …
WASHINGTON — President Obama’s success in rescuing his high-priority trade legislation from a rebellion by fellow Democrats strengthens his hand internationally and paves the way for completion of the most expansive economic agreement in generations. [Reposted from The New York Times | Peter Baker | June 24, 2015] While the turbulent process was embarrassing for…
FOR IMMEDIATE RELEASE June 23, 2015 Demand for Trade Change Hits New High Washington (June 23, 2015) – Michael Stumo, CEO of the Coalition for a Prosperous America (CPA) released the following statement: “The Senate narrowly approved a cloture motion to end debate on Fast Track today by a vote of 60-37. Three senators…
According to U.S. Trade Representative Michael Froman, the Trans-Pacific Partnership (TPP) has a big benefit: With a signed TPP, American-made goods will finally enjoy tariff-free access to consumers in countries like Vietnam, Malaysia, and Singapore. However, some tariffs will not be dropped immediately, but instead will be phased out over a number of years. [Reposted…