Harsh stance highlights benefits for America
Following Wednesday’s dissemination of Trans-Pacific Partnership materials, Russian Television News published blatantly anti-TPP rhetoric, aimed at diminishing the legitimacy of the agreement.
In an article titled TPP Uncovered: Wikileaks Releases Draft of Highly-Secretive, Multi-National Trade Deal the government-...
Read MoreThe Trade Alliance to Promote Prosperity applauds the U.S. Chamber of Commerce’s Global Intellectual Property Center for holding today’s inaugural Global IP Summit, uniting the innovators that make our economic progress possible. The mission of today’s meeting was to underline the value of intellectual property as the driver behind economic, cultural and technological advancements. Now, more...
Read MoreVia World Poultry
Four Chinese poultry processors have been approved to export a limited amount of meat to the United States, the US Department of Agriculture has announced.
Initially, only cooked poultry products from birds raised in the United States and Canada, will be eligible for exporting. It is thought however, that the government would eventually expand the rules, so that chickens and turkeys bred...
Read MoreBy Zhenhu Bain
Washington's move to block catfish imports from China is a recipe for disaster.
Any good recipe for pecan-crusted catfish encourages chefs to first fry the fish and then finish cooking it in the oven for a few minutes. The quality of the ingredients makes or breaks the dish. The catfish would likely be from Hubei province in China and the pecans from New Mexico, a perfectly blended...
Read MoreVia KTVA
China is Alaska’s largest export market, and the country's ambassador to the U.S. says it would like to do more business with the Last Frontier.
Tuesday Ambassador Cui Tiankai and Senator Mark Begich spoke about building a stronger business relationship. The ambassador expressed great interest in buying more energy.
The ambassador said he loves Alaska’s seafood and encourages the...
Read MoreVia Just Style
By Richard Woodard
As the latest round of Trans-Pacific Partnership (TPP) trade talks gets underway, US apparel and footwear retailers and importers have been talking up the pact's ability to boost exports, create jobs and benefit US consumers.The American Apparel & Footwear Association (AAFA) said a correctly structured TPP could help generate US textile and apparel exports.To be successful, it argued, the...
Read MoreBy Toko Sekiguchi
TOKYO--Top trade negotiators for Japan and the U.S. met on Monday to discuss the Trans-Pacific partnership free trade talks, hoping to work out long-running points of contention ahead of a 12-nation meeting in Brunei later in the week.
Framing the TPP talks as an integral part of President Barack Obama's Asia Pacific rebalancing strategy, U.S. Trade Representative Michael Froman...
Via Forbes
By Gary Shapiro
Our international leaders are finally getting serious about global free trade – and not a moment too soon. Earlier this month, the United States and the European Union began talks on trade, after almost two years of preparation. Establishing a U.S.-EU free trade agreement is crucial for the global economy, and will strengthen businesses of all sizes, opening up the global market to competition...
Read MoreVia Washington Post
A sharp decline in the trade deficit with other nations suggests the U.S. economy grew this spring at a faster pace than previously estimated, helped by a record level of exports.
The Commerce Department said Tuesday that the U.S. trade gap fell more than 22 percent in June from May to $34.2 billion. That’s lowest level since October 2009.
American companies shipped more aircraft...
Read MoreBy William Davison
American companies should share the benefits of trade with sub-Saharan Africa as the U.S. examines extending duty-free access for imports from many nations on the continent, Trade Representative Michael Froman said.
The U.S. African Growth and Opportunity Act, approved by the U.S. Congress in 2000 and extended in 2004, is meant to boost economies on the world’s poorest continent. The law...
Read MoreVia China Post
By Michael Barris and Li Jiabao
Chinese experts are urging the United States to loosen restrictions on high-tech exports to China to balance bilateral trade and spur the U.S. economic recovery.
The call comes as the U.S. has pledged to work hard to expand its shipments to China and to reclaim 10 percent of China's total imports by 2015.
Although China remained the U.S.' third-largest export market in 2012, buying...
Read MoreThe U.S. hopes negotiations for a free trade deal with the European Union will drive growth-oriented reforms in the EU economy, the top American trade official said Tuesday.
In a similar vein, U.S. Trade Representative Michael Froman said China's recent agreement to negotiate a bilateral investment treaty with the United States is a chance to press for economic reforms in the Asian giant...
Read MoreVia Japan Times
Japan and the United States will hold trade negotiations next week in Tokyo in parallel with the Trans-Pacific Partnership free-trade talks, the government said Thursday.
During the three-day meeting from Wednesday, Japan, which joined the TPP talks last week, will discuss safety standards and other matters in connection with autos, the insurance sector and intellectual property issues...
July 31, 2013
Via Japan Times
Trade minister Toshimitsu Motegi and U.S. Trade Representative Michael Froman agreed Wednesday to promote talks between their countries in parallel with the Trans-Pacific Partnership free-trade negotiations.
This accord came a day after Japan made its debut as the 12th member in the U.S.-led TPP talks.
Tokyo and Washington plan to hold the first round of bilateral talks in August,...
Read MoreBy Rupo Damodaran
The 18th Round of the Trans Pacific Partnership (TPP) deliberation ended here yesterday on a high note of confidence that the talks can be concluded by the end of the year.
Malaysia's chief negotiator J. Jayasiri said the negotiators had been working hard to meet the deadline as agreed by the leaders.
"We were able to narrow differences in the more difficult issues, paving the way...
Read MoreBy E Ashley Wills
U.S. Vice President Joe Biden is in India this week, at a time when the U.S.-Indian relationship is at a crossroads. The two countries have developed an increasingly close economic and strategic relationship that benefits both and promotes stability and prosperity throughout South Asia. But there have recently been troubling indications that India is willing to take advantage of that...
Read MoreU.S. Vice President Joe Biden told Indian business leaders Wednesday that commercial ties between their two countries should be strengthened and trade should expand exponentially.
Biden spoke to top business officials at the Bombay Stock Exchange in India’s financial hub of Mumbai during a four-day trip to India aimed at strengthening ties between the two countries.
‘’Imagine what...
Read MoreVia Itar Tass
The Japanese government has officially joined today multilateral talks on the Trans-Pacific Partnership /TPP/ formation - a new integration association in the Pacific Ocean. This was officially announced in the Malaysian city of Kota Kinabalu, where is taking place the next round of consultations on the establishment of this organization.
From now on, 12 countries are taking part in the...
Read MoreVia AdAge
By Anita Chang Beattie
Volvo, ThinkPad, AMC Theaters and, possibly soon, Smithfield Foods. All household names in the U.S., all with Chinese owners. And if the world's two largest economies can strike an investment treaty -- as is being discussed -- many more could join them.
Volvo, ThinkPad, AMC Theaters and, possibly soon, Smithfield Foods. All household names in the U.S., all with Chinese owners. And if the...
Read MoreVia Euronews
U.S. President Barack Obama said on Wednesday a free trade agreement between the United States and the European Union could boost jobs and growth on both sides of the Atlantic and he also stressed the need for economic structural reforms.
Speaking at a joint news conference with German Chancellor Angela Merkel in Berlin, Obama also said: “We have a profound stake in each other’s success...