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…
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.…
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…
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…
SINGAPORE — China is rapidly building coast guard ships, the vessels that China most commonly uses for patrols in the South China Sea, and in the last three years has increased the number of ships in that category 25 percent, a new report by the United States Navy says. [Reposted from The New York Times …
Washington, D.C. – The U.S. Department of Treasury released its semi-annual Report to Congress on International Economic and Exchange Rate Policies on Thursday. This was the 13th opportunity under the Obama administration for Treasury to name China a currency manipulator – an opportunity it passed on by not citing China or Japan for currency manipulation. [Reposted from…
An article recently appeared in the Lincoln Journal Star about USTR Michael Froman’s trip to Nebraska to promote the Trans Pacific Partnership and the TPP. The article was full of statements supporting the TPP. Froman said the agreements will benefit Nebraska by opening markets for export goods, including soybeans, corn, beef, pork and machinery. Expanded…
Bill Bullard, Executive Director of R-CALF USA joins Tomi Lahren to get us ‘on point’ with American beef. Where do you want to get your beef from? How about the good ole USA? Bill Bullard is a member of the board of the Coalition for a Prosperous America.
This week, Senator Hatch will reportedly introduce “fast track” (trade promotion authority) legislation in the Senate, to help President Obama complete the proposed Trans-Pacific Partnership (TPP), a trade and investment deal with eleven other countries in Asia and the Americas. [Reposted from the Huffington Post | Robert Scott | April 12, 2015] . “Fast Track”…
Orrin Hatch and Ron Wyden appear poised to introduce a “fast track” trade promotion authority bill along with House Ways and Means Committee Chairman Paul Ryan. [Reposted from Politico | Doug Palmer and Adam Behsudi | April 13, 2015] A smoldering debate over trade is expected to get even hotter after Congress returns from its…