[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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
