Economist Joseph Stiglitz wrote this letter to Congressional leaders outlining why the global court system, called Investor State Dispute Settlement, should not be a part of trade deals Among important points, Stiglitz writes: Proponents argue that ISDS measures are needed to protect the rights of U.S. and other foreign investors in partner countries. Few would…
Kevin Kearns in Detroit News on Stabenow’s Manufacturing Support [Reposted from The Detroit News | Kevin Kearns | May 14, 2015] For more than a decade, Michigan manufacturers have seen their export competitiveness undercut by countries that engage in currency manipulation. This week, Sen. Debbie Stabenow took a stand against countries that illegally undervalue their…
My family bought the Cummins Allison Corporation in 1942. My grandfather and father worked hard to build a company that today is known worldwide for its commercial coin and currency processing equipment and counterfeit detection systems. We employ nearly 1,200 Americans, the large majority of whom reside in the Chicago area. These workers and their…
House Minority Leader Nancy Pelosi (D-Calif.) on Thursday urged the Obama administration to shorten the “fast-track” window for the president’s ambitious trade agenda. [Reposted from The Hill | Mike Lillis | May 14, 2015] The White House is lobbying hard for a trade-promotion authority (TPA) bill, also known as fast-track power, that would facilitate emerging…
In 2006, the United States Department of Agriculture (USDA) submitted a list of regulations to the White House aimed at helping China get into the U.S. chicken market by certifying Chinese facilities to process U.S.-raised poultry for sale back in the States. [Reposted from Newsweek | Joe Kloc | September 28, 2015] Tony Corbo, a…
Here is the official roll call for the Senate vote on the currency manipulation/trade remedy improvement bill yesterday, May 14, 2015. CPA supports this bill. Vote SummaryQuestion: On Passage of the Bill (H.R. 644, As Amended )Vote Number: 179 Vote Date: May 14, 2015, 12:28 PMRequired For Majority: 3/5 Vote Result: Bill PassedMeasure Number: …
No need for haste on TPP deal The 12 countries taking part in the negotiations for the Trans-Pacific Partnership (TPP) free trade agreement will hold ministerial-level talks in late May in the Philippines, following talks among their chief negotiators in Guam. As the countries step up their efforts to reach a broad agreement on major…
The White House named names. And not 24 hours later, President Barack Obama and his aides had a deal to get fast-track back on track. [Reposted from Politico | Edgar Isaac Dovere and Burgess Everett | May 13, 2015] After resistant Democrats scuttled a vote Tuesday to move forward on one of Obama’s signature goals…
This is the official Senate roll call vote for TPA yesterday, May 14, 2015. Vote SummaryQuestion: On Cloture on the Motion to Proceed (Upon Reconsideration, Motion to Invoke Cloture on the Motion to Proceed to H.R. 1314 )Vote Number: 180 Vote Date: May 14, 2015, 01:55 PMRequired For Majority: 3/5 Vote Result: Cloture on…
Senate liberals know they are going to lose the battle over fast-track trade authority. But they’re doing all they can to prolong the fight — perhaps even past the Memorial Day recess into June — in hopes that a long delay will damage the bill’s already difficult prospects in the House. [Reposted from Politico | …
