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NFTC Chief Predicts Senate TPA Fight Will Focus On Trafficking, Currency, ISDS

National Foreign Trade Council President Bill Reinsch said Friday (April 24) he expects the full Senate to begin debating a Trade Promotion Authority (TPA) bill during the first week of May, and predicted the floor battle will include fights over amendments on human trafficking, currency and investor-state dispute settlement (ISDS).

Ryan Omits Human Trafficking Amendment, Says It Could Complicate TPP

House Ways & Means Committee Chairman Paul Ryan (R-WI) at the April 23 markup of the fast-track bill refused to include a provision that would likely affect Malaysia for its failure to fight human trafficking with the argument that the amendment could complicate the negotiations for the Trans-Pacific Partnership (TPP).

Complete TPA Coverage

Inside U.S. Trade - April 24, 2015

Ways & Means, Finance Battle Over Currency Amendments In Markups

This week's markups of legislation to renew fast-track negotiating authority for up to five years and a customs reauthorization bill in both congressional trade committees brought to the forefront a debate over whether and how Congress should respond to foreign currency manipulation.

Ryan Rules Against Levin Fast-Track Bill; Ways & Means Approves TPA

Finance Customs Bill Includes ENFORCE, Trade Remedy Law Changes

Connolly: New Dems Continuing TPA Outreach, But Not Hard Push For Votes

Latest News

NEW YORK -- U.S. and EU negotiators at the close of the ninth round of Transatlantic Trade and Investment Partnership (TTIP) talks held here indicated they had made progress on the regulatory aspect of the initiative in two key areas, with both sides creating a "consolidated text" on horizontal regulatory cooperation and the U.S. tabling a new proposal on technical barriers to trade (TBT).

NEW YORK --The United States and the European Union have agreed on a “common way” of scheduling commitments for services market access in their bilateral trade talks that includes a combination of both positive-list and negative-list structures, according to the EU’s lead negotiator.

NEW YORK -- The lead European Union negotiator for the Transatlantic Trade and Investment Partnership (TTIP) here rose to defend a new EU proposal allowing member states to ban imports of biotechnology food and feed products, countering charges by his U.S. counterpart that it probably violates World Trade Organization rules.

NEW YORK – The head of an Italian association that advocates for the protection of geographical indications (GI) here on Wednesday (April 22) echoed arguments by the European Commission that the United States should commit through a bilateral trade deal to provide administrative enforcement for protected names, and indicated that this is a higher priority than securing new protections for Italian GIs themselves, at least for the time being.

NEW YORK -- U.S. Trade Representative Michael Froman on Wednesday (April 22) blasted a proposal unveiled hours earlier by the European Commission that would pave the way for giving EU member states more authority to restrict imports of genetically modified food and feed, saying it runs counter to efforts to craft a bilateral trade deal being negotiated here this week.

The customs authorization bill introduced by the Ways & Means Committee for markup tomorrow (April 23) differs from the Senate version being considered by the Finance Committee today in a number of ways, including how they approach the fight against evasion of trade remedy duties.

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  • House Ways & Means Committee Chairman Paul Ryan (R-WI) this week said congressional supporters of a Trade Promotion Authority (TPA) bill are aiming to have the full House and Senate take up the legislation in early May, and that he expects the Senate to take up the bill first but then both would move simultaneously.

  • The Chinese government last week announced it will suspend the implementation of new regulations that would require foreign companies supplying information and communications technology (ICT) to China's financial institutions to turn over sensitive commercial information about their equipment, and that it would revise those rules after getting feedback from interested parties.

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  • New Zealand 's trade minister has said that negotiations for the Trans-Pacific Partnership (TPP) will begin to "immediately" move toward conclusion if Congress passes Trade Promotion Authority (TPA) legislation, but warned that the trade talks could otherwise stall agreement if the bill does not advance.

  • NEW YORK -- The European Commission here this week was hoping to make a forceful case for why a Transatlantic Trade and Investment Partnership (TTIP) deal should include a standalone chapter dedicated to liberalizing trade in energy and raw materials, in a ninth round of talks otherwise focused on how to foster greater regulatory alignment between the U.S. and EU.