ATLANTA — Ending seven years of stop-and-start negotiations, officials from 12 Pacific Rim countries clinched early Monday a free-trade agreement that will allow two-fifths of the world’s goods and services to move more easily — but not entirely freely — across national borders. The pact, known as the Trans-Pacific Partnership, also poses a challenge to China, by…
Editor’s Note: The following is a statement on the Trans-Pacific Partnership (TPP) from Ziad Ojakli, Group Vice President for Government and Community Relations: WASHINGTON, DC, October 5, 2015 – “As a top U.S. exporter, Ford supports free trade agreements that result in real market openings and a level playing field for all to compete. “Within…
U.S. Business and Industry Council Fighting for American companies Fighting for American jobs Contact Kevin L. Kearns: 202 957 9994 Washington, October 5 – The members of the U.S. Business and Industry Council (USBIC) categorically reject the Trans-Pacific Partnership deal announced this morning as completely inadequate to serve the interests of American manufacturers,…
ATLANTA — The Trans-Pacific Partnership (TPP) ministerial taking place here is now considered increasingly likely to last beyond Friday (Oct. 2) due to continuing differences on dairy market access and monopoly protections for biologic drugs, despite key parties being close to a deal on the automotive rules of origin. [Reposted from Inside US Trade | …
Unfairly-priced imports in the U.S. market affect the prices U.S. producers receive in several ways, including an impact on supposedly “fixed” long-term contract prices. For some consumer goods, lower prices can increase demand for the goods, so that the negative impact of lower prices can be offset to some extent by higher revenues generated…
Vice President Joe Biden is considering a run for president. But Biden is currently working behind the scenes to push the Trans-Pacific Partnership (TPP), which most (if not all) core Democratic-aligned groups will likely oppose. Can Biden run for president as a Democrat after pushing TPP on us? [Reposted from Campaign for America’s Future | …
WASHINGTON — Trade ministers for the United States and 11 other Pacific nations gathered in Atlanta on Wednesday to try to reach agreement on the largest regional free-trade pact ever. But knotty differences persist, and antitrade blasts from American presidential candidates have not eased prospects for any deal. [ by Jackie Calmes | September…
The United States imported 2.95 billion pounds and exported 2.57 billion of beef in 2014. This was the first year since 2009 that imports exceeded exports. [by Rob Cook | September 30, 2015 | Drovers Cattle Network] The first time that the United States ever exported more beef than it imported was in 2010.…
ATLANTA — In the midst of a complex dance on dairy market access between the United States, Canada, Japan and New Zealand in the Trans-Pacific Partnership (TPP), a key metric that some dairy exporters are using to evaluate the quality of offers on the table is the proportion of imports to total consumption, according…
ATLANTA – In a move that is likely to ignite a firestorm on Capitol Hill, the Obama administration on Wednesday (Sept. 30) formally proposed language in the Trans-Pacific Partnership (TPP) agreement that would prevent tobacco control measures from being challenged under the deal’s investor-state dispute settlement (ISDS) mechanism, according to sources close to the…
