Schumer Should Go Back to EPI and Ask Them About Those NAFTA-Style Trade Deals

By: Friday July 1, 2011 2:04 pm

Speaking of people saying different things at different venues, here’s Chuck Schumer yesterday at the Economic Policy Institute, demanding that Congress work to create jobs: In addition to it being the right thing to do economically, there will be political momentum for trying to do more on jobs. The American people realize that we not [...]

McConnell Balks at Trade Adjustment Assistance in Trade Deals

By: Thursday June 30, 2011 8:50 am

If you thought that the deal on three NAFTA-style trade deals and trade adjustment assistance renewal was set in stone, Mitch McConnell’s pique needs to be priced into that theory: Congressional leaders yesterday struck a deal with the White House that will reauthorize TAA in return for moving on the pending agreements. But McConnell is [...]

Senate GOP Holds Commerce Department Hostage Over Trade Deals

By: Tuesday March 15, 2011 12:53 pm

I touched on this in last night’s Roundup, but it’s really something. Republicans in the Senate are using the means at their disposal offered to them by the failure to enact Senate rules reform to hold a Cabinet position hostage in exchange for some ideologically favored trade agenda. Congressional Republicans Monday threatened to block votes [...]

When All You Have Left Defending You Is Max Baucus

By: Thursday February 3, 2011 11:05 am

Virtually every time that Republicans or the Obama Administration talk about working together, they specifically cite the South Korea free trade agreement as a point of covergence. The agreement, modified by Obama’s negotiators last year but substantially similar to the corporate-written agreement originally negotiated under George W. Bush, looks like it’s on a glide path [...]

Baucus Balks at Korea Trade Deal; Claim of Job Growth Questioned

By: Wednesday December 8, 2010 12:45 pm

Let’s move out of the tax-cut frying pan and into the South Korea free trade agreement fire. The Wall Street Journal says that KORUS, which is the nickname the White House has been using for the deal, is picking up support. But the first piece of their article concerns how Max Baucus, the chair of [...]

US Reportedly Reaches Agreement on South Korea Trade Pact

By: Friday December 3, 2010 1:25 pm

Maybe that 8,000 mile trip to Kabul to make a phone call is just a waystation for a trip to Seoul. Or rather, Columbia, Maryland: Negotiators from the United States and South Korea appear to have reached a tentative deal on a free-trade agreement that would help solidify American relations with a leading ally in [...]

US-South Korea Free Trade Agreement Falters

By: Thursday November 11, 2010 8:35 am

President Obama was supposed to waltz into Seoul ready to mark an agreement with South Korea on a trade pact, with enough changes to win over key constituencies. But while this was widely expected, it didn’t happen, with the South Koreans balking at some of the proposed changes. In a sharp setback, the United States [...]

Obama Seeks Korea Free Trade Agreement Completion During G-20

By: Tuesday November 9, 2010 11:05 am

The US and South Korea are working on a revised free trade agreement that would differ somewhat from the original terms negotiated by George W. Bush’s Administration. It appears that President Obama would want to announce this reworked deal at the G-20 summit in Seoul this week. The plan would be to submit the free [...]

Obama Goes to Korea, Pining for Free Trade Agreements

By: Thursday November 4, 2010 2:05 pm

In addition to education, another area where you can see the President and the Republicans in Congress agreeing is on the issue of trade. One of the first international figures Obama talked to on Election Day was the President of South Korea, and he assured him that the US was working on passing a free [...]

Chinese Mercantilist Policies Demand US Response

By: Monday October 18, 2010 7:00 am

Paul Krugman writes about the Chinese rare earth issue today, which is part of the Administration’s Section 301 investigation. The deal basically is that China limits the export of the rare earth minerals used in making solar panels, to the extent that it’s more cost-effective for companies to build their plants in China than to [...]

Public Citizen: Exports Greater to non-Free Trade Agreement Countries

By: Wednesday September 15, 2010 8:18 am

A new report from Public Citizen upends the prevailing wisdom on free trade agreements as a spur to export growth. Actually, it’s quite the opposite: The group, Public Citizen, will release a study Wednesday saying that in the last 12 years, exports to the 17 countries with which the United States has free-trade agreements grew [...]

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