The AFL-CIO issued a statement this weekend lauding Virginia Sen. Tim Kaine for changing his stance on the Trans-Pacific Partnership now that he’s Hillary Clinton’s pick for vice president. [Daily News| July 25, 2016 |Inside US Trade] For the labor group, which has endorsed Clinton, the decision “signifies the beginning of a new era,” it…
Details
Hillary Clinton has claimed that Donald Trump‘s trade policies will start a “trade war” but what she fails to recognize is that we are already in one. Trump clearly sees it and he will work to put an end to it. [Dan DiMicco| July 19, 2016 |CNBC] With some nations exercising mercantilism — predatory export pricing and…
Details
The final Democratic Party platform does not mention discrepancies within the Democratic Party on the Trans-Pacific Partnership that were laid out in a July 1 draft platform, and falls short of taking an official stance on the deal. [Daily News| July 25, 2016 |Inside US Trade] The final platform — just like the draft version — says…
Details
President Obama’s top spokesman said Obama supports Hillary Clinton’s decision to pick Sen. Tim Kaine as her running mate, despite his recent about-face on one of Obama’s legacy priorities — ratification of the Trans-Pacific Partnership. [Nicole Duran| July 25, 2016 |Washington Examiner] “I’ll let Sen. Kaine discusses his position on the Trans-Pacific Partnership,” press secretary…
Details
The Trans-Pacific Partnership has little chance of coming to a vote in a lame-duck session of Congress — and likely wouldn’t garner enough support to pass anyway, according to House Ways & Means Committee Ranking Member Sandy Levin (D-MI). [Daily News| July 25, 2016 |Inside US Trade] “It is now increasingly clear that the Trans-Pacific…
Details
Sen. Tim Kaine, Hillary Clinton’s running mate, has gone on record saying he cannot support the Trans-Pacific Partnership in its current form— a stance calculated to make him more appealing to supporters of Bernie Sanders who revile the deal. Doug Palmer| July 20, 2016 |Politico] Kaine spokeswoman Amy Dudley said Saturday that the Virginia Democrat…
Details
Donald Trump took another step toward blowing up the TPP in his speech accepting the Republican Party nomination on Thursday, declaring the United States will no longer join big trade agreements and concentrate instead on enforcing and renegotiating existing trade pacts. [Doug Palmer| July 22, 2016 |Politico] “No longer will we enter into these massive transactions,…
Details
Donald Trump this year single-handedly overturned years of free-trade orthodoxy among Republican political leaders — which is making his choice of a running mate a bit awkward. [William Maulding| July 15, 2016 |Wall Street Journal] Mr. Trump said Friday on Twitter his vice presidential pick is Gov. Mike Pence of Indiana. Mr. Pence, like many…
Details
Alabama Sen. Jeff Sessions was the only speaker on the first night of the Republican Party convention to devote significant time to trade issues, striking a familiar chord in opposing what he calls “Obamatrade” and lamenting trade deficits with China and Korea. [Daily News| July 19, 2016 |Inside US Trade] Sessions – whose trade stances…
Details
The Commerce Department approved wide-ranging final duties on hundreds of millions of dollars worth of cold-rolled steel products from Brazil, India, Korea, Russia and the United Kingdom to offset unfairly low pricing and government subsidies. [Doug Palmer| July 22, 2016 |Politico] The department late Thursday set anti-dumping duties ranging from 10 percent to 32 percent on Brazil, about 8…
Details