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By Mark Davis
The nation founders, the Lone Star State thrives
Topic - Michael Froman
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.
As President Obama prepares to play host to a doubleheader of global diplomacy at the Group of Eight and NATO summits this weekend, there are increasing signs that the world is tuning out his message.
As President Obama prepares to host the NATO and Group of Eight international summits this weekend, there are increasing signs that the world is brushing him aside.
India's main opposition party is demanding that Prime Minister Manmohan Singh explain a leaked e-mail from an American official that the party says shows the Obama administration is seeking to link U.S. investment in India to damages for the 1984 Bhopal gas leak.
"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.