Trade negotiators are aiming to tackle the most difficult outstanding issues in the Trans-Pacific Partnership (TPP) talks, including intellectual property (IP), market access for goods, and state-owned enterprises, when they meet beginning Friday (July 24) for a negotiating round and subsequent ministerial in Hawaii. [ July 21, 2015 | Inside U.S. Trade ] New Zealand’s…
Trade deal could slam Canadians with rising consumer, health care and education costs. The Trans Pacific Partnership (TPP), a proposed trade agreement that encompasses nearly 40 per cent of world GDP, heads to Hawaii later this month for ministerial-level negotiations. According to media reports, this may be the final round of talks, with countries…
Key Republican members of Congress on Tuesday (July 21) said plans to hold a formal conference to reconcile differences between the House and Senate versions of the pending customs and enforcement bill have been delayed due to a snag in informal negotiations, but reiterated their aim wrap up the conference before the August recess. […
Press Releases July 16, 2015Portman, Brown Continue Push for Stronger Currency Manipulation Enforcement in ongoing Trade Negotiations [Reposted from the site of Sen. Rob Portman | July 16, 2015] Washington, D.C. – Today, U.S. Senators Rob Portman (R-Ohio) and Sherrod Brown (D-Ohio) continued their push to crack down on currency manipulation by foreign competitors, urging…
Twelve Democratic senators are calling on the conference committee for a pending customs and trade enforcement bill to delete proposed language that would prevent the United States from negotiating provisions on climate change in trade agreements, amid doubts that the conference will happen at all. [Reposted from Inside US Trade | July 20, 2015] In…
The U.S. International Trade Commission (“USITC”) made a preliminary determination of injury yesterday and said that investigations will continue on unfairly traded imports of corrosion-resistant steel from five countries. [ by Zacks Equity Research | July 17, 2015 | Zacks.com ] The USITC found reasonable indications that a barrage of subsidized imports of certain…
(Editorial note: China continues to restrict its currency to a “trading band” rather than an inflexible peg.) On July 21, 2005 Chinese monetary policy makers surprised the country’s trade partners by revaluing the yuan 2.1% higher against the dollar, ending a fixed exchange-rate regime that angered officials in the U.S., Europe and Japan and…
IBM is advancing rapidly into new fields like data analytics, cloud computing and mobile applications. And while the technology company’s second-quarter results showed encouraging progress in those businesses, it was not enough to translate into growth for the company as a whole. [ by Steve Lohr | July 20, 2015 | NY Times ]…
BUFFALO — Along a bend in the Buffalo River here, an enormous steel and concrete structure is rising, soon to house one of the country’s largest solar panel factories. Just to the south, in the rotting guts of the old Bethlehem Steel plant in Lackawanna, where a dozen wind turbines already harness the energy…
Just three weeks ago, lawmakers quietly let the little-known Export-Import Bank expire, handing Republican conservatives one of their biggest victories since they took control of Congress. [Reposted from Politico | Seung Min Kim and Lauren French | July 20, 2015] But now an effort to resurrect the bank, led by Democrats and business-backed Republicans, could…
