[Reposted from Inside US Trade | January 26, 2015] Sen. John Cornyn (R-TX), the second-ranking Republican in the Senate, will take over as chairman of the Senate Finance Subcommittee on international trade, customs and global competitiveness, according to a Jan. 22 joint press release from Finance Chairman Orrin Hatch (R-UT) and Ranking Member Ron…
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Before President Obama leaves office, he wants to complete two major free-trade agreements, one with Asian nations and the other with the European Union. To do it, he says he needs a guarantee from Congress that it will simply vote yes or no on any deal the White House offers, without trying to amend it.…
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In his State of the Union message, President Obama suggested apprenticeships, tax reductions on new investments, and building new infrastructure as ways to increase jobs and reduce inequality in America. [by Clyde Prestowitz | January 30, 2015 | Los Angeles Times] But he said virtually nothing about what is probably the single biggest…
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Even as President Barack Obama was calling on Congress to grant him expanded powers to negotiate trade agreements, some of his staunchest allies were raising objections. [Reposted from Bloomberg | Carter Dougherty | January 20, 2015] “I’m the first one to admit that past trade deals haven’t always lived up to the hype,” Obama said…
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The president’s push for trade deals is ‘No. 1, No. 2, No. 3 and No. 4’ on the list of what House Democrats disliked about the State of the Union, Rep. Peter DeFazio said. [Reposted from Politico | Lauren French | January 20, 2015] House Democrats have long been wary of the trade proposals the…
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It’s widely expected that in tonight’s State of the Union address President Obama will call for actions to boost wages for low- and moderate-wage Americans, and also for moving forward on two trade agreements—the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP). [Reposted from the EPI blog | Josh Bivens | January…
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WASHINGTON — IF the new Congress can agree on anything this year, it may well be the Trans-Pacific Partnership, a trade deal between the United States and 11 other countries throughout the Asia-Pacific region. Passions run high when it comes to trade deals these days, and the Obama administration is working hard to sell it…
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Most economists are predicting a rosy forecast of more than 3 percent expansion for the U.S. economy in 2015, up from 2.3% in 2014. If it does, this “would mark the first time in a decade that growth has reached that level for a full calendar year.” The unemployment rate is also predicted to drop…
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House Ways and Means Committee Chairman Paul Ryan (R-Wis.) on Wednesday praised President Obama for his remarks on trade in the State of the Union address. [Reposted from The Hill | David McCabe | January 21, 2015] “I agree with every word in his speech in respect to trade and Asia, and getting in there…
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National Farmers Union(Jan. 22, 2015) Contact: Andrew Jerome, 202-314-3106 [email protected] – See more at: https://www.nfu.org/news/302-international-policy/2635-new-study-economic-downturn-and-other-factors-not-cool-caused-decline-in-live-cattle-imports-to-the-us-canadian-claims-of-economic-damage-without-merit#sthash.PqDxKKtf.dpuf Contact: Andrew Jerome, 202-314-3106, [email protected] WASHINGTON (Jan. 22, 2015) – Contrary to arguments made by America’s trade competitors to the World Trade Organization (WTO), an economic downturn that sapped consumer demand — not Country-of-Origin Labeling (COOL) — caused decreased demand for…
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