Mexico City | Reuters — Mexican and U.S. officials pushed on Monday to speed up NAFTA negotiations, with the U.S. floating the idea of reaching an agreement “in principle” in coming weeks to avoid political headwinds later this year. U.S. Trade Representative Robert Lighthizer, showing impatience at the slow pace of the talks, said Mexico’s […] Read more
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U.S. pushes NAFTA talks pace, warns of political headwinds
U.S. Congress victory may move Pacific trade pact forward
Washington | Reuters –– U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama’s efforts to strengthen U.S. economic ties with Asia. After a six-week congressional battle including two brushes with failure, some fancy legislative footwork and myriad backroom deals to keep the […] Read more
Quest for fast-track trade bill defeated for now in U.S. House
Washington | Reuters –– The U.S. House of Representatives on Friday delivered a blow to President Barack Obama’s signature goal of strengthening ties with Asia but could try again as soon as Tuesday to reverse defeat of a measure central to a Pacific Rim trade pact. In a dramatic vote, Obama’s own Democrats, as well […] Read more
Fast-track avoids ‘mistakes from our past’ on trade: Obama
Washington | Reuters –– U.S. President Barack Obama on Thursday praised a bipartisan bill that would fast-track trade deals through Congress, urging lawmakers to pass it quickly so his administration can advance a trade pact with Pacific nations. “The bill put forward today would help us write those rules in a way that avoids the […] Read more
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