[ Kyodo| September 12, 2016 | Japan Times] The 12 countries that signed the Trans-Pacific Partnership free trade pact earlier this year agreed Monday that they will not renegotiate the deal, Japan’s TPP minister Nobuteru Ishihara said. The minister also told reporters the 12 nations confirmed they will move ahead with domestic processes quickly to…
[ Thomas Frank | September 12, 2016 | Politico] One of the most startling developments of this most peculiar campaign season has been the emergence of trade as an electrifying political issue. We’re used to trade being the dry province of diplomats and academic economists—in large part because, for the past 20 years, trade policy has been…
RESEARCH DIRECTOR You are invited to explore the position of Research Director with the Coalition for a Prosperous America Education Fund. Our organization is dedicated to educational activities that will result in new and positive U.S. trade and economic policies to help America win the international competition for good jobs, sustained economic growth and strong…
[ September 10, 2016 | The Hindu] India and three others in the BRICS bloc — Brazil, Russia and South Africa — have cold-shouldered China’s attempt to bring to the negotiating table a proposal for a Free Trade Agreement (FTA) between the five major emerging economies. Tariff Elimination While Beijing’s proposal for a ‘BRICS FTA’…
The ranking members of the House and Senate trade committees today sent a letter to the head of the World Trade Organization lambasting the organization’s secretariat for issuing a report that calls for the removal of antidumping and countervailing duties instead of urging WTO members to resolve the policies that create the need for duties in the…
by Michael Stumo President Obama received strong support from black and Hispanic workers but his TPP will hurt them even more than white workers. The TPP will kill jobs because our workers will be placed in direct competition with foreign workers, some of whom make 90% less than Americans. More education is fine, but mathematically…
[ Robert E. Scott| September 08, 2016 | EPI] The White House is making one last push for passage of the Trans-Pacific Partnership agreement. However, growing imports of goods from low-wage, less-developed countries, which nearly tripled from 2.9 percent of GDP in 1989 to 8.4 percent in 2011, reduced the wages of the typical non-college educated worker…
[ Daily News| September 08, 2016 | Inside US Trade] Senate Finance Committee Chairman Orrin Hatch (R-UT) this week said commitments from Trans-Pacific Partnership countries on his demand for 12 years of market exclusivity for biologic drugs would not have to be framed in a contract or a side agreement – but rather as a “methodology”…
by Michael Stumo In a significant development, over 200 law and economics professors across the United States oppose the Trans-Pacific Partnership (TPP) treaty and the TransAtlantic Trade and Investment Partnership (TTIP) because they grant new power to foreign corporations to sue the United States outside the regular court system. Their letter is significant not only…
WASHINGTON, D.C. – A new Public Citizen interactive map shows how enactment of the Trans-Pacific Partnership (TPP) would dramatically expand U.S. exposure to multinational corporate demands for taxpayer compensation using the controversial “investor state dispute settlement” (ISDS) system. [Matthew Groch| September 08, 2016 | Public Citzen] Under existing treaties, relatively few foreign investors are empowered to use…