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Trade

Stupid Trade Gets Dangerous: TPP Threatens US Military Supply Chain

Greg Autry | Posted 05.11.2015 | Politics
Greg Autry

The White House claims that Obama's Trans-Pacific Partnership would help counter China's growing economic and military threat. Many Republicans, including nominal pro-defense patriots, are curiously supportive of the President in this case. Ironically bipartisan trade policy created our China problem in the first place.

Senators: Vote NO on Fast Track!

Ellen R. Shaffer | Posted 05.11.2015 | Politics
Ellen R. Shaffer

Senators should vote this Tuesday to stop the "Fast-Track" bill/Trade Promotion Authority Act (TPA), which would lock in the president's power to negotiate trade deals in secret, consulting with privileged corporate advisors but without input from the public, or Congress.

The New World of Trade Is All About Values and Consumer Risk

Pascal Lamy | Posted 05.11.2015 | World
Pascal Lamy

BRUSSELS -- A discrepancy exists between the benefits of globalization on the one side and the legitimate values shared by diverse communities on the other. The benefits of globalization go with magnitude, with size. The larger, the better because of the economies of scale. Big is beautiful. Identity, legitimacy and politics go with proximity, the small and diseconomies of scale. Small is beautiful.

An Open Letter to Progressives: TPP Is Not Yet 'The Most Progressive Trade Agreement in History'

Rep. Sandy Levin | Posted 05.11.2015 | Politics
Rep. Sandy Levin

I have deep concern -- and some dismay -- when the president says that "we are just wrong," or we are "satisfied with the status quo," or worse, we are "making this stuff up" when we express concerns about the status of the Trans-Pacific Partnership (TPP) trade negotiations.

Trade, Jobs, and the Politics of TPA

Douglas Holtz-Eakin | Posted 05.11.2015 | Politics
Douglas Holtz-Eakin

Why are so many senators from trade-rich states currently on the fence or against a policy that clearly is in their states' economic interest?

Senate Fast Track Vote Tuesday -- Where Is Clinton?

Dave Johnson | Posted 05.21.2015 | Politics
Dave Johnson

If fast track passes, TPP's passage is inevitable. The voting environment will be similar to what happened with the "Citigroup budget" vote, when the pressure was on members to pass it with provisions that deregulated derivatives or shut down the whole government.

Obama Pushes Back Against Trade Critics

AP | Posted 05.12.2015 | Politics

BEAVERTON, Ore. (AP) — When President Barack Obama promotes trade, he likes to say that 95 percent of the world's markets are outside the nation's b...

To Sell His Trade Agenda, the President Turns to ... Nike?

Scott Paul | Posted 05.07.2015 | Politics
Scott Paul

Nike is great at making iconic commercials and catchy slogans, but it's not really great at making American manufacturing jobs.

Zach Carter

Why Obama Wants To Torpedo A Plan To Fight Human Trafficking

HuffingtonPost.com | Zach Carter | Posted 05.07.2015 | Politics

WASHINGTON -- The biggest threat to President Barack Obama’s trade agenda may be a plan to fight human trafficking, which threatens to reshuffle a m...

Obama to Visit Nike to Promote TPP. Wait, Nike? Really?

Dave Johnson | Posted 05.12.2015 | Business
Dave Johnson

Yes, Nike, a company that grew to be worth billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, a company that uses threats to extort tax breaks from its "home" state. Is this really the sort of company Obama wants to use as the face of what the TPP will bring?

Trade: Not A Slam Dunk For Oregon

Rep. Peter DeFazio | Posted 05.07.2015 | Politics
Rep. Peter DeFazio

Nationwide, many Americans who are working hard and playing by the rules are still struggling. Two decades of failed U.S. trade policy is one reason. At issue is not whether to trade, but under what rules. For workers, the environment and the health of American families, getting the rules right is essential.

Enormous, Humongous March Trade Deficit Creating Jobs Elsewhere

Dave Johnson | Posted 05.21.2015 | Business
Dave Johnson

We should demand balance. Trade partners should agree to actually "trade" with us, not just sell to us. We should also balance the interests of working people, the environment and other stakeholders with the interests of businesses in our trade negotiations.

Zach Carter

Republican Billionaires Love Obama's Trade Deal

HuffingtonPost.com | Zach Carter | Posted 05.06.2015 | Politics

WASHINGTON -- President Barack Obama and congressional Republicans claim the middle class should like America's pending trade deal with 11 other Pacif...

A Trade Pact in the Corporate Interest

William Spriggs | Posted 05.08.2015 | Politics
William Spriggs

Spurred on by powerful multinational corporations and aided by their corporate lobbyists, the administration wants Congress to sign a blank check for yet another "free trade" deal, with the same inadequate safeguards as previous failed deals.

The Quest for Asia's Next Manufacturing Miracle

Sabina Dewan | Posted 05.03.2015 | World
Sabina Dewan

Countries should encourage the development of large, legitimate trade unions that truly represent workers' interests and engage productively with employers, rather than stamping out strikes in the fear that they will drive away business.

Zach Carter

Hillary Clinton Agrees With Elizabeth Warren On Trade Dispute With Obama

HuffingtonPost.com | Zach Carter | Posted 04.30.2015 | Politics

Hillary Clinton is opposed to a critical piece of the Obama administration's Trans-Pacific Partnership, which would give corporations the right to sue...

Laura Barron-Lopez

House GOP Whip Urges Obama To Get More Democrats Behind Trade Bill, Says Votes Aren't There Yet

HuffingtonPost.com | Laura Barron-Lopez | Posted 04.29.2015 | Politics

WASHINGTON -- House Majority Whip Steve Scalise (R-La.) said Wednesday that GOP leadership doesn’t have the votes yet to pass legislation that would...

Laura Barron-Lopez

AFL-CIO Tells 2016 Presidential Candidates There Is ‘No Place To Hide' On Wages, Fast-Track

HuffingtonPost.com | Laura Barron-Lopez | Posted 04.28.2015 | Politics

WASHINGTON -- The nation’s largest labor union drew a line in the sand Tuesday for those vying to become the next president of the United States, co...

Zach Carter

Here's Why Democrats Don't Believe Obama's Trade Promises

HuffingtonPost.com | Zach Carter | Posted 04.28.2015 | Politics

WASHINGTON -- As the Democratic Party feud over President Barack Obama's new trade deal intensifies, American labor unions are fighting another battle...

Latest Trade Push Is A War On Workers

James P. Hoffa | Posted 06.28.2015 | Business
James P. Hoffa

President Obama recently downplayed the impact of unfair trade on the U.S. workforce, arguing that many manufacturing jobs are low-paying. But I disagree. This nation's manufacturing base provides a pathway to prosperity for many Americans -- and this administration cannot shut the door on their future.

Zach Carter

Obama Fires Back At Elizabeth Warren And Trade Critics, Escalating Democratic Feud

HuffingtonPost.com | Zach Carter | Posted 04.25.2015 | Politics

WASHINGTON -- President Barack Obama pushed back against Sen. Elizabeth Warren (D-Mass.) and Democratic critics of his trade agenda on Friday, accusin...

Dana Liebelson

U.S. Cities Fight Back Against Washington's Secretive Trade Deal

HuffingtonPost.com | Dana Liebelson | Posted 04.23.2015 | Politics

WASHINGTON -- As the trade debate heats up in Washington, city councils are fighting back against controversial legislation that would grant the presi...

Why Are Conservatives Willing to Surrender American Sovereignty?

Martin Lobel | Posted 06.23.2015 | Politics
Martin Lobel

Why are the Tea Party folks and other conservatives like Ted Cruz and Paul Ryan, who are usually so anxious to protect our citizens from governmental abuse, supporting putting trade agreements on a fast track?

Northern Spring, Southern Chills: Outlook for Latin America and the Caribbean

Alejandro Werner | Posted 06.21.2015 | Business
Alejandro Werner

Economic growth dynamics vary across the region, broadly along North-South lines. While spring may be in the air for Mexico, Central America, and parts of the Caribbean, the economic climate remains decidedly chilly in much of South America. What is behind these divergent prospects, and how can a sunnier outlook be restored to the entire region?

A Quick Way to Decide If You Are for Fast Track

Dave Johnson | Posted 06.20.2015 | Business
Dave Johnson

We don't yet know what is in the TPP, because it is still secret and will remain so until shortly before the fast-track process requires Congress to vote. The president says to trust him, telling us that it will be great and "progressive" and create lots of jobs and expand the economy. Great. But the history on our trade deals -- especially those passed using fast track -- has been very bad. NAFTA was sold as creating a lot of jobs and growing the economy, but NAFTA destroyed jobs and expanded the trade deficit. China's entry into the World Trade Organization was sold as creating a lot of jobs and growing the economy, but it turned out to be absolutely devastating for America's working people, middle class and entire manufacturing ecosystem, and the trade deficit with China is now enormous. As a result of these agreements, entire regions of the country look like wastelands. Seriously, go look at Detroit.