After losing disputes at the World Trade Organization (“WTO”) in 2014, China has taken steps to bring itself into compliance on a case involving rare earth, tungsten, and molybdenum products. For example, effective May 1, 2015, China eliminated export duties on rare earth minerals, tungsten, and molybdenum.[1] China had previously, on January 1, 2015, eliminated…
For Immediate Release: Contact: Symone Sanders (202) 454-5108, [email protected]; Val Holford (301) 926-1298, [email protected] June 10, 2015 New Public Citizen Report Documents Systematic Bipartisan Betrayals on ‘Deals’ Made by Presidents, Congressional Leaders in Exchange for Trade Votes Broken Promises, Lost Elections: Goodies Promised in Exchange for Trade Votes Don’t Materialize, Don’t Shield Representatives From Voters’…
Despite a heavy push by President Barack Obama for a sweeping multinational trade deal, a majority of Americans echo the concerns of labor unions and a number of Democratic members of Congress that the trade accord will negatively impact U.S. workers and companies. [Reposted from NBC.com | Halimah Abdullah | June 9, 2015] Two-thirds of…
President Obama repeats a mantra on the Trans-Pacific Partnership (TPP) trade agreement: “If we don’t write the rules, China will write the rules in that region…” [Reposted from Breitbart | Kevin Kearns | June 9, 2015] But two recent revelations of major Chinese misbehavior — another massive computer hack, this time of the Office of…
While a full range of stakeholders would be affected by the outcome of the Trans-Pacific Partnership (TPP) agreement under secret negotiation by the United States and a dozen trading partners, corporate representatives have had a special seat at the negotiating table, as shown by hundreds of pages of confidential emails from the US Trade Representative’s…
The House of Representatives should deny President Obama authority to conclude a free trade agreement with Asian nations, because it would lower wages for ordinary Americans and increase income inequality. [Reposted from The Hill | Peter Morici | June 9, 2015] The Trans-Pacific Partnership would include South Korea, Japan, Malaysia, Chile and eight other nations.…
The debate on trade in Congress is not about whether Democrats support trade, or whether we take the side of businesses or labor; it’s about getting trade right. Indeed, because of our efforts, the most recent trade agreements to pass Congress were updated to include enforceable worker rights, environmental standards, and provisions to safeguard access…
The Obama administration’s desire for “fast track” trade authority is not limited to passing the Trans-Pacific Partnership (TPP). In fact, that may be the least important of three deals currently under negotiation by the U.S. Trade Representative. The Trans-Atlantic Trade and Investment Partnership (TTIP) would bind the two biggest economies in the world, the United States and…
In an interview with Politico this week, Ambassador Michael Froman stressed high import tariffs on American goods imposed by the 11 countries with which he is negotiating the Trans-Pacific Partnership (TPP). His implication is that the TPP will dramatically lower such tariffs, boosting US exports, significantly increasing the size of our economy, and helping most…
Michael Stumo is the CEO of the Coalition for a Prosperous America. While pushing legislation through Congress to grant Permanent Normal Trade Relations status with China in 2000, President Clinton proclaimed, “This a hundred-to-nothing deal for America when it comes to the economic consequences.” [Reposted from The Hill | Michael Stumo | June 5, 2015] A…