Rep. Gerry Connolly (D-VA) said Wednesday (Oct. 21) that he plans to drive home the message to the Obama administration that it must bring a Trans-Pacific Partnership (TPP) implementing bill to a congressional vote within the first two or three months of 2016 or risk delaying the vote until the lame-duck session after the…
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The American Iron and Steel Institute had strong words for a Treasury Department report that said China is not a currency manipulator and, while US construction-in-place values fell for the month, they are still well ahead of 2014’s pace. [by Jeff Yoders | October 20, 2015 | MetalMiner] The Obama Administration’s announced yesterday, in…
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The House of Representatives must soon choose a new speaker, and some are pushing Paul Ryan as the “smart” choice. [Reposted from WND | Curtis Ellis | October 16, 2015] Let’s consider what a Ryan speakership would look like. John Boehner was detested because he ran the House of Representatives in an authoritarian style. Confronted…
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One of the fastest-growing U.S. exports right now is air. Shipments of empty containers out of the U.S. are surging this year, highlighting the impact the economic slowdown in China is having on U.S. exporters. The U.S. imports more from China than it sends back, but certain American industries—including those that supply scrap metal and…
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President Obama will meet on Wednesday (Oct. 21) evening with House and Senate Democrats who support his trade agenda, which comes as the administration has continued briefings and outreach to Congress regarding the Trans-Pacific Partnership (TPP) deal reached on Oct. 5 but still not provided an updated text reflecting the outcome. [Reposted from Inside US…
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Washington, D.C. – The U.S. Department of Treasury released its semi-annual Report to Congress on International Economic and Exchange Rate Policies Monday. This was the 14th opportunity under the Obama administration for Treasury to name China a currency manipulator – an opportunity it passed on by not citing the country after its egregious devaluation of…
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President Barack Obama’s signature trade deal – the Trans-Pacific Partnership – may not get taken up by the GOP-run Congress until after the 2016 elections, senior Republican and Democratic aides said Wednesday. [Reposted from Politico | Anna Palmer and John Bresnahan | Ocotber 14th, 2015] Mike Sommers, chief of staff for Speaker John Boehner (R-Ohio),…
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With TPP, Republicans can please Wall Street and multinationals — but lose the White House [Reposted from Polizette | Kevin Kearns | October 15, 2015] No Republican presidential candidate has made it to the White House without winning Ohio, and 2016 will be no exception, especially as the number of states truly in play narrows…
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Given the fact that the global steel price is at its lowest level in more than a decade, it is no surprise that much of the UK’s production is becoming economically unviable. [Reposted from Sky Business News | October 16, 2015] Due to the economic slowdown in China their demand for steel has waned; down…
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U.S. Trade Representative Michael Froman on Thursday (Oct. 15) said that the Trans-Pacific Partnership (TPP) deal reached last week cannot be renegotiated because it would upset the careful balance worked out between all 12 countries, and that the current agreement is the one the administration will ultimately send to Congress for approval. [Reposted from…
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