President Obama has a deal for America, two in fact: Trade Promotion Authority (TPA) and the Trans-Pacific Partnership (TPP). TPA, or “fast track,” would force Congress to pass his TPP trade deal without exercising its constitutionally mandated duty to regulate foreign trade. Why? Because TPA does not allow Congress to alter even one comma…
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For Immediate Release: Contact: Symone Sanders (202) 454-5108 April 16, 2015 Lori Wallach (202) 454-5107, [email protected] Hatch Bill Would Revive Controversial 2002 Fast Track Mechanism That Faces Broad Congressional, Public Opposition Today’s Proposal Replicates Language of Failed 2014 Bill, Would Expand Same Broken Trade Model That Has Led to $912 Billion Trade Deficit, Loss…
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HONG KONG — Shen Changxiang, who once supervised the cybersecurity of China’s strategic missile arsenal and spearheaded computer security research for the navy, has warned of the perils of his country’s reliance on American technology. [by Paul Mozur | April 19, 2015 | NY Times] Yet in December, the 74-year-old former military engineer, one…
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The Coalition for a Prosperous America (CPA) was surprised to see the introduction of a Senate Fast Track trade authority bill (see PDF bill) that ignores trade deficits and continues to enable modern foreign mercantilism. “CPA is disappointed that the Senate Finance Committee has failed and refused to set a new and positive American trade…
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By Michael Stumo: The minority staff of the House Ways and Means released a side by side comparison (see PDF) of this week’s Fast Track bill with the bill from January 2014. Basically it is more of the same. Will they never learn? From CPA’s perspective, the new bill is a failure. No balanced trade. …
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Saturday April 18, 2pm – 4pm, Machinist Union Hall, 5150 Kearny Mesa Rd., San Diego, California 92111 Michele Nash-Hoff, CPA CA Chair, will be speaking at this event on Fast Track and the TPP, part of the Week of Action against Fast Track.
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News Release: COMMITTEE ON WAYS AND MEANS Sander M. Levin (D-MI) TPA Bill is a Major Step Backwards on TPP Negotiations WASHINGTON – Ways and Means Committee Ranking Member Sander Levin (D-MI) today responded to the House-Senate introduction of TPA legislation by releasing a document detailing how the bill falls short. It can be found…
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In his 2010 State of the Union Address, President Obama promised to double exports over five years to “support” 2 million jobs in America. A year later he claimed the new U.S.-Korea Free Trade Agreement would “support” 70,000 jobs at home. And today, his Commerce Department boasts that U.S. exports “support” 11.3 million jobs.…
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An aggressive effort by the administration to win support for President Obama’s trade agenda appears to be stuck [Reposted from The Hill | Vicki Needham | April 14, 2015] As few as 15 House Democrats might vote to give the president fast-track authority, according to dozens of Democratic lawmakers, business group representatives and activists on…
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Although China is often characterized by observers as the chief villain in currency manipulation, the latest U.S. government report reserves its sharpest criticism for South Korea. While the U.S. refrained on Wednesday from labeling any major trading partner a currency manipulator, the Treasury Department said it “has intensified its engagement with [South] Korea on…
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