The Senate’s soon-to-be top Democrat told labor leaders Thursday that the Trans-Pacific Partnership, the trade deal at the center of President Obama’s “pivot” to strengthen ties with key Asian allies, will not be ratified by Congress.
That remark from Sen. Charles E. Schumer (D-N.Y.), who is expected to be the incoming Senate minority leader, came […]
From the International Business Times:
Chances have all but vanished for passage of the controversial Trans-Pacific Partnership (TPP) trade pact despite a huge last-ditch effort by US President Barack Obama and an upcoming trip to Asia to tout the deal.
The White House had been hopeful about nailing down the unprecedented trade agreement with 11 […]
Colombian labor unions said the country’s authorities have failed to enforce worker protections and revealed that they are being threatened.
From Telesur TV:
Colombia has failed to enforce worker protections in a free trade agreement with the United States, U.S. and Colombian labor unions said on Monday.
In a complaint issued by the AFL-CIO […]
Port of Long Beach (POLB) Chief Executive Director Jon Slangerup has been named by US Department of Commerce Penny Pritzker to the Department’s Advisory Committee on Supply Chain Competitiveness (ACSSC), the port announced this week.
Slangerup and 10 other industry professionals who represent different segments of the supply chain were appointed to the 45-member ACSCC, […]
From an article titled ‘Obama’s funding request leaves some ports wanting’ in the Journal of Commerce:
Among U.S. ports pursuing major harbor deepening projects, there were decidedly more losers than winners in President Obama’s 2017 budget request unveiled earlier this month. For some, the $4.1 trillion proposal came with a mix of good and bad […]
With the U.S. coal sector showing signs of weakness, the Interior Department is pausing new coal leases and launching a review of the federal coal program.
In his final State of the Union address earlier this week, President Barack Obamasaid the nation’s energy policy priorities should focus on a transition away from “old, dirtier energy […]
Excerpts from the Washington Post:
Congress’ two-year postponement in what has been dubbed the “Cadillac tax,” because it applies to high-priced insurance, is the most significant of three changes to ACA taxes that are woven into a sprawling budget package on which the House and Senate are preparing to vote within the next few days.
Three senators from the auto producing states of Ohio and Michigan have urged U.S. Trade Representative Michael Froman to insist that the proposed Trans-Pacific Partnership agreement contain “rules of origin” for autos that are at least as strong as in the 20-year-old North American Free Trade Agreement.
“The NAFTA rules of origin should be the […]
High-level talks to forge a 12-nation trade deal spanning the Pacific broke up Friday without resolving contentious disputes over Canadian dairy tariffs, the protection of cutting-edge drugs known as “biologics” and Japanese access to the North American automobile market.
Negotiators said they would continue to seek agreement over the coming months, but the failure to […]
U.S. President Barack Obama on Monday signed into law legislation that gives him “fast-track” power to push ahead on a Pacific Rim trade deal that has been the subject of intense debate in Congress and across the nation.
Flanked by some of the lawmakers who supported the bill through a six-week congressional battle, Obama acknowledged […]
From the Huffington Post:
President Barack Obama’s trade agenda suffered a setback Friday evening during a series of last-minute maneuvers in the Senate. While the upper chamber eventually passed a bill that would help Obama streamline a trade pact with 11 Pacific nations, the final product threw a wrench into the president’s plans.
The Senate […]
A day after suffering an embarrassing setback when Obama’s own party rebuked him on a major trade bill, Senate leaders said they have struck a deal to move forward on the measure.
Majority Leader Mitch McConnell and top Democrat Harry Reid announced the deal on the Senate floor on Wednesday afternoon.
The chamber […]
Oregon Sen. Ron Wyden, a leading Democratic backer of President Obama’s trade agenda, and more than a dozen other pro-trade Senate Democrats voted against a Republican proposal to begin consideration of legislation that would give Obama fast-track authority to negotiate trade agreements.
The vote was 52-45, short of the 60 votes needed. After the vote, […]