A Mini Deal Is Better Than Stalemate

On Wall Street, stock and commodity prices climbed immediately, suggesting that the president’s optimism over the prospect of a deal with China was infectious. Indeed, many on Wall Street and across the country were waiting eagerly to hear positive news come from the talks with China after weeks and even months of stalemate…

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Ainsley Shea
To Avert Recession, End the Trade Wars

The world economy is showing signs of weakness, and many analysts are predicting a recession. There are plenty of signals to support the predictions. According to Bloomberg, China reported the weakest growth in industrial output since 2000; Germany’s economy shrank as exports slumped; and euro-area production plunged the most in more than three years as the overall expansion cooled…

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Ainsley Shea
Congress Should Use August Recess to Finalize USMCA

The United States Mexico Canada Agreement (USMCA) presents a much-needed update, better showcasing a modern approach to trade with the U.S.’s closest trading partners, Canada and Mexico. When it comes to “winners” and “losers” in a trade agreement, the USMCA represents a significant win for the United States.

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Ainsley Shea
Ransacking Foreign Medicine Cabinets Is a Bad Prescription for U.S. Healthcare

Trump Administration’s “Safe Importation Action Plan” Is Downright Dangerous

On July 31, the Trump Administration announced the “Safe Importation Action Plan” that would allow for the importation of prescription drugs from foreign markets: 1) States, wholesalers, or pharmacists could develop pilot projects to facilitate the importation of certain drugs from Canada; 2) manufacturers could reroute certain versions of FDA-approved drugs originally sold in foreign markets back into the U.S. at lower prices. This is bad plan.

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Ainsley Shea
Senator Rick Scott Jumps into the Race to the Bottom on Global Drug Index Pricing

Recently, Sen. Rick Scott (R-FL) introduced S. 977, the “Transparent Drug Pricing Act.” This bill is another attempt to curb prescription drug prices by starting a race to the bottom. S. 977 would prevent pharmaceutical companies from charging a retail price for a drug that is higher than the lowest cost for the same drug found in five other countries: Canada, France, Germany, Japan and the United Kingdom (U.K.). This scheme links drug prices on prices paid in a handful of countries with socialized medicine, where government bureaucrats undervalue and tightly ration access to lifesaving drugs developed here in America. It’s a ridiculous, dangerous idea that flies in the face of the President’s promise to unleash free market forces into the health care industry, and put a stop to decades of exploitation of U.S. intellectual property by foreign governments.

Trade Alliance to Promote Prosperity Urges Opposition to S. 977, the Transparent Drug Pricing Act

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Ainsley Shea
TAPP Supports REINS Amendment to Foreign Investment Risk Review Modernization Act (FIRRMA)

Trade Alliance to Promote Prosperity (TAPP) urges the Senate Banking Committee to include the amendment to S. 2098, the Foreign Investment Risk Review Modernization Act of 2017 (FIRRMA), that includes the REINS Act, during floor consideration. The REINS act provides Executive Branch accountability and ensures fair access to legitimate foreign investment in our economy.

Under past...

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Ainsley Shea
IP Protections Necessary in NAFTA Negotiations

TAPP supports a robust, codified and enforceable IP chapter in any modernized NAFTA agreement. As NAFTA negotiators rush to reach a mutually beneficial modernized agreement, we urge the USTR to immediately focus attention on the Intellectual Property (IP) chapter.

It is critical that any agreement in principle includes the highest possible IP standards consistent with those put forth..

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Ainsley Shea
World IP Day: To the Strongest Innovators Powering Change

On this Thursday, April 26, we celebrate World IP Day. The event, started by the Global Innovation Policy Center is an annual celebration of innovation, creative ideas, and all the laws that protect intellectual property (IP). This year, World IP Day will be centered around some of the strongest women in the industry.

The theme “Powering Change: Women and innovation and creativity,”...


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Ainsley Shea
Supporting the Sugar Policy Modernization Act of 2017

To keep advancing our market and our economy, it is crucial that we advocate for proper legal reforms that benefit our consumers, taxpayers and all the small-business owners across the country.  The Trade Alliance to Promote Prosperity, along with other organizations, directed a letter to senators and representatives, urging them to support the Sugar Policy Modernization Act of 2017, S. 2086...

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Ainsley Shea
On Round Three, There’s Still Room for Improvement with NAFTA

The third round of negotiations for the North American Trade Agreement (NAFTA) came to an end over the past weeks – and trade officials from the U.S, Canada, and Mexico managed to reach consensus on some matters. However, a level of skepticism still remains as the three countries have yet to discuss the most divisive issues, such as the arbitration panels for disputes established in NAFTA’s...

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Ainsley Shea
Renegotiating NAFTA: Improvement, Not Withdrawal.

As renegotiations of the North American Free Trade Agreement (NAFTA) begin to take place, a concerning scenario in which the United States decides to withdraw from the agreement has become main discussion among industries, trade associations, and the millions of workers whose jobs would be affected if the U.S walked out of NAFTA.

The agreement, which was established in 1994 with our...

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Ainsley Shea