A decade in the making, the controversial Trans-Pacific Partnership (TPP) is reaching its climax and as Congress hotly debates the biggest trade deal in a generation, its backers have turned on the cash spigot in the hopes of getting it passed. [Reposted from The Guardian | C Robert Gibson and Taylor Channing | May 27,…
Late Friday evening, May 22, 2015, the Senate voted to pass the Trade Promotion Authority (H.R. 1314) by a vote of 62 to 37 to give President Obama the authority to “fast-track” trade agreements through 2018, with an extension to 2021 possible. If this legislation also passes the House, this would mean that the Trans-Pacific…
The Progressive Coalition for American Jobs will aid ads in 11 states. [Reposted from Politico | Edward Isaac-Dovere | May 26, 2015] President Barack Obama has promised to protect anyone who gets hammered in next year’s elections for supporting his trade agenda. The Progressive Coalition for American Jobs, which is being advised by Obama campaign…
House Ways & Means Committee Chairman Paul Ryan (R-WI) has pledged to members of the House Steel Caucus that he will accept the trade remedy law changes championed by Sens. Rob Portman (R-OH) and Sherrod Brown (D-OH) in the Senate version of the customs bill when the legislation is conferenced, according to a Ways &…
WASHINGTON — A flurry of last-minute deal-making on the Senate floor Thursday rescued President Obama’s ambitious trade agenda from defeat, advancing legislation that would empower the president to complete a sweeping, 12-nation Pacific trade accord. [Reposted from The New York Times | Jonathan Weisman | May 21, 2015] The bill, the first to grant a…
U.S. shoppers can’t have a label telling them where their beef was born and raised. Such consumer information would be a violation of the North American Free Trade Agreement, according to the World Trade Organization. [Reposted from the Billings Gazette | May 20, 2015] Basically the rulings says that telling U.S. consumers which products are…
BEIJING — Several of the six Chinese scientists who were charged with economic espionage by the United States this week are young stars in their fields, and any government ties they have are rooted in their work with a university vying to be a major force in microchip engineering and sales, according to online documents…
Updated: The House Agriculture Committee on Wednesday morning (May 20) reported out a bill to fully repeal country-of-origin labeling (COOL) for beef, pork and poultry in a vote of 38-6, advancing legislation that proponents say will finally make the U.S. compliant with World Trade Organization rules. [Reposted from Inside US Trade | May 20, 2015]…
WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) today gave the following speech on the House floor urging opposition to the Hatch-Wyden-Ryan trade promotion authority legislation (PDF version here): [Reposted from the Ways and Means website | May 21, 2015]