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By David Keene
Conference showed that the values Reagan cherished still endure
Topic - Michael Froman
The European Union's top trade negotiator said an ambitious trans-Atlantic free trade pact with the United States remains on track despite bipartisan opposition to the deal in Congress.
The U.S. brought a trade complaint against India Monday over a solar energy program it says discriminates against American manufacturers, adding another wrinkle to a bilateral relationship strained by the recent arrest and strip-search of an Indian diplomat.
The Republican co-sponsor of a bill key to President Obama's effort to swing major new trade deals with Asian and European partners warned Thursday that the agreements won't pass unless the administration supports them more actively.
The Obama administration failed to meet its self-imposed deadline of Dec. 31 for completing a major new initiative that would affect a vast swath of the economy.
The fallout from the NSA spying scandal could create major headaches for new U.S. Trade Representative Michael Froman as he tries to move forward with an ambitious trade deal with the European Union.
The fallout from the NSA spying scandal could create major headaches for new U.S. Trade Representative Michael Froman here as he tries to move forward with an ambitious trade deal with the European Union.
President Obama's two trade representatives have taken more trips inside the country while in office than trotting around the globe in pursuit of the free trade deals than Congress imagined while authorizing the posts, The Washington Times found.
The top U.S. trade official said Tuesday that he is "cautiously optimistic" about the nation's ability to complete a major free-trade pact with 11 other key Pacific Rim nations by the end of the year, after the latest round of the talks on the potential Trans-Pacific Partnership (TPP) wrapped up last week in Malaysia.
As negotiations began Monday in Washington on a proposed blockbuster U.S.-European Union trade pact that would connect the largest economies of the Western world, activists warned against any deal that undermines environmental, labor, food or financial safeguards.
With no Republican objections, President Obama's pick to lead U.S. trade efforts abroad passed a key Senate committee vote Tuesday and could be confirmed by the full upper chamber as soon as next week.
A day before President Obama's pick to be the nation's top trade negotiator faces a Senate committee vote, Cayman Islands officials defended their banking system and the kinds of offshore investments that have gotten the trade nominee into some hot water on the road to confirmation.
President Obama's pick to be his top trade adviser told lawmakers Thursday that he would push for Congress to restore the administration's "fast-track" authority to negotiate free-trade pacts, as the administration gears up for major market-opening talks with the European Union and with Asia-Pacific nations.
President Obama nominated longtime fundraiser and hotel heiress Penny Pritzker Thursday to run the Commerce Department, gambling that her role in a failed bank and opposition from labor groups won't derail her Senate confirmation.
President Obama will tap Penny S. Pritzker, a businesswoman from Chicago, to be the next Secretary of Commerce and Michael Froman as the next U.S. Trade Representative on Thursday morning, a White House official said.
Attorney General Eric H. Holder Jr. told members of the Arab Forum in Doha, Qatar, on Thursday the United States was shocked and saddened by the "senseless and brutal" attacks Tuesday in Libya and Egypt, condemning "in the strongest possible terms the deplorable and savage acts of violence" that claimed the lives of U.S. Ambassador J. Christopher Stevens and three other Americans.
"These types of 'localization' measures not only are an unfair barrier to U.S. exports, but also raise the cost of solar energy, hindering deployment of solar energy around the world, including in India," Froman told a news conference.
In announcing the trade complaint, U.S. Trade Representative Michael Froman said the Obama administration was "standing up" for the rights of American workers and businesses - a common theme in a year of congressional elections, and as the administration tries to persuade fellow Democrats to support its agenda to expand trade in Asia.