WASHINGTON — IF the new Congress can agree on anything this year, it may well be the Trans-Pacific Partnership, a trade deal between the United States and 11 other countries throughout the Asia-Pacific region. Passions run high when it comes to trade deals these days, and the Obama administration is working hard to sell it…
Most economists are predicting a rosy forecast of more than 3 percent expansion for the U.S. economy in 2015, up from 2.3% in 2014. If it does, this “would mark the first time in a decade that growth has reached that level for a full calendar year.” The unemployment rate is also predicted to drop…
House Ways and Means Committee Chairman Paul Ryan (R-Wis.) on Wednesday praised President Obama for his remarks on trade in the State of the Union address. [Reposted from The Hill | David McCabe | January 21, 2015] “I agree with every word in his speech in respect to trade and Asia, and getting in there…
National Farmers Union(Jan. 22, 2015) Contact: Andrew Jerome, 202-314-3106 [email protected] – See more at: https://www.nfu.org/news/302-international-policy/2635-new-study-economic-downturn-and-other-factors-not-cool-caused-decline-in-live-cattle-imports-to-the-us-canadian-claims-of-economic-damage-without-merit#sthash.PqDxKKtf.dpuf Contact: Andrew Jerome, 202-314-3106, [email protected] WASHINGTON (Jan. 22, 2015) – Contrary to arguments made by America’s trade competitors to the World Trade Organization (WTO), an economic downturn that sapped consumer demand — not Country-of-Origin Labeling (COOL) — caused decreased demand for…
As my good friend James Carville is apt to remind, “It’s the economy, stupid!” Leaders of the new Republican majority should heed that advice at every turn as they craft their agenda for the next session of Congress. [Reposted from Forbes Opinion online | Art Laffer | January 20, 2015] A prosperous economy is…
Overproduction in the Chinese government owned steel industry is causing a global oversupply and driving out otherwise competitive US producers. Obama administration and GOP leadership refuse to do anything about it, but rather fast forward on the same field trip trade policy. [Reposted from Zacks | January 22, 2015] The new year does not…
Representative Sandy Levin (D-MI-09) has proposed the following negotiating priorities for the Trans-Pacific Partnership. Levin is Ranking Member on the House Ways and Means Committee. He has taken the position that Fast Track trade authority is unnecessary and unwarranted because the US Trade Representative’s office has largely negotiated it already. Instead, Rep. Levin says, Congress…
For immediate release: Contact:Sara Haimowitz, Development DirectorCoalition for a Prosperous America[email protected]; 202 688 5145 CPA Analysis of Obama’s SOTU Request for Fast Track President Obama asked Congress for Fast Track trade authority in his State of the Union address last night. The Coalition for a Prosperous America (CPA) advocates a new direction in trade policy…
We all know how NAFTA turned out for us (for most of us, anyway). We all know how opening up trade with China turned out. It’s right in front of our faces. Who hasn’t seen the boarded-up downtowns of closed-down “factory towns?” Who hasn’t felt the fear of hearing, “We’re moving your job to China”?…
There is bi-partisan opposition in Congress to Fast Track and a large movement of movements mobilized to stop it. [Reposted from Popular Resistance | Kevin Zeese and Margaret Flowers | January 18th, 2015] The corporate media is reporting that since the Republican leadership and President Obama support Fast Track trade authority, it is a done…
