The Trans-Pacific Partnership is a 12-country NAFTA-style trade deal with two serious problems. It doesn’t work, and it’s bad for democracy. [Reposted from the Huffington Post | Stan Sorscher | June 19, 2015] First, everyone is in favor of trade. We can have good trade policy that raises living standards or bad trade policy that…
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They experienced the thrill of an unexpected victory, thwarting President Barack Obama’s trade agenda in a dramatic showdown on the House floor. [Reposted from Politico | Lauren French | June 18, 2015] A week later, House Democrats appear to be on the verge of an agonizing defeat. But facing that sudden reversal of fortune, lawmakers…
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The plan still faces several procedural hurdles and Democratic resistance. [Reposted from Politico | Jake Sherman and Manu Raju | June 18, 2015] President Barack Obama’s trade agenda was jolted back to life Thursday, as the House voted narrowly to grant him fast-track authority to finalize a sweeping accord with 11 other Pacific Rim nations.…
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Scores of reporters swarmed Sen. Patty Murray after she cut an eleventh-hour deal to help salvage President Barack Obama’s trade agenda in May. [Reposted from Politico | Manu Raju and Burgess Everett | June22, 2015] She could have taken a victory lap. But Murray was eager to escape. “Alright you guys, that’s all I’m going…
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From Brazil to Canada and Mexico to Turkey, steelmakers are unhappy with China. [Reposted from Hellenic Shipping News | June22, 2015] The producer of half the world’s steel is destabilizing the market with “massive and increasing overcapacity in an era of slowing growth,” according to a joint statement by industry associations from around the world…
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Congress will try to move President Obama’s trade agenda to the finish line before they rush out for a holiday recess. [Reposted from The Hill | Cristina Marcos | Juen 22, 2015] A contentious trade package is set to dominate the Senate’s schedule this week, as lawmakers try once again to pass a ‘fast track’…
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WASHINGTON — House Minority Leader Nancy Pelosi (D-Calif.) provided a grim outlook on Thursday about the future of legislation funding a worker aid program that will be key for pushing President Barack Obama’s trade agenda over the finish line. [Reposted from the Huffington Post | Laura Barron-Lopez | June 18, 2015] The program, known as…
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A generation of economists trained to believe that trade had little to do with the long decline in high-paying U.S. factory jobs is changing its mind. [Reposted from Bloomberg | Peter Gosselin | June 18, 2015] Their findings are likely to fuel the opposition within President Barack Obama’s own Democratic Party to his proposed 12-nation…
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R-CALF United Stockgrowers of America–“Fighting for the U.S.Cattle Producer” For Immediate Release June 18, 2015 Billings, Mont. – On Tuesday, the United States Trade Representative (USTR) formally triggered an arbitration process with Canada regarding country of origin labeling (COOL) at the World Trade Organization (WTO). The purpose of the arbitration process is to determine the…
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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….” But two recent revelations of major Chinese misbehavior — another massive cyber hack, this time of the Office of Personnel Management database, and the build-out of South China…
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