Keyword: tradedeal
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French President Emmanuel Macron said Thursday he viewed talks between US President Donald Trump and EU Commission chief Jean-Claude Juncker as “useful”, but he was “not in favor” of a “vast new trade deal” between the European Union and the United States. “Europe and France never wanted a trade war, and the talks yesterday were therefore useful in as far as they helped scale back any unnecessary tension, and working to bring about an appeasement is useful,” the French leader said after a meeting with Spanish Prime Minister Pedro Sánchez in Madrid. “But a good trade discussion… can only be...
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Live soon: President Trump suddenly announces a press event, likely making a statement about the European Union.
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Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron have discussed a renewed economic partnership to boost growth, jobs and investments in their two countries. […] Trudeau said “we already see the results” of the new trade rules, called the Canada-European Union Comprehensive Economic and Trade Agreement Implementation Act (CETA). Canadian imports from France have increased 4 percent last year and Canadian investments in France have jumped 23 percent, he said. …
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New Zealand's role in promoting a UN Security Council resolution against Israel may have some economic payoff, a foreign policy analyst says. . . . . ."New Zealand also trades with the Arab states, is about to sign a free trade agreement with the Gulf Co-operation Council. "There's huge profits being made to export lamb and other dairy products, other food products to the Arab states. "If there was to be a big trade payoff, the calculations would be in favour of going with the Arab and the Muslim countries." Meanwhile, a pro-Palestine group urged New Zealand to pull out...
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According to a report by the Washington Post the President is preparing to pull the United States out of it's trade deal with South Korea. Since the trade deal went into effect in 2012, U.S. Trade representative Lighthizer said the U.S. "trade deficit in goods with Korea has doubled from $13.2 billion to $27.6 billion, while U.S. goods exports have actually gone down. This is quite different from what the previous Administration sold to the American people when it urged approval of this Agreement. We can and must do better.” Trump was hopeful that negotiates could result in a better...
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President Donald J. Trump killed the Trans Pacific Partnership (TPP) once and for all on Monday, signing an executive order officially withdrawing from the trade deal negotiations. It came as a part of series of three separate executive actions that President Trump took on Monday. “The first is a withdrawal of the United States from the Trans Pacific Partnership,” White House chief of staff Reince Priebus said, explaining the first executive action President Trump was taking in the list of three. The other two were one freezing hiring of all federal employees except in the military, and one that restores...
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Article to follow when available
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Donald Trump plans new deal for Britain as Theresa May becomes first foreign leader to meet new president since inauguration Donald Trump is planning a new deal for Britain this week as Theresa May becomes the first foreign leader to meet him since the inauguration... The new relationship - which comes with both countries redefining their roles in the world - is due to be cemented with a state visit for Mr Trump in the summer. The US President’s team has made clear he wants a “full Monty” visit that will eclipse the trips of his predecessors in pomp and...
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The White House conceded Tuesday that President Obama has lost two of his most important battles, surrendering on a massive free-trade deal and the Supreme Court nomination of Judge Merrick Garland. Responding to President-elect Donald Trump’s vow to withdraw the U.S. from the Trans-Pacific Partnership on his first day in office, White House press secretary Josh Earnest acknowledged the chances of the pact being approved by Congress “are not very good.” He called it “a significant missed opportunity for the American people.”
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President Barack Obama stands by his comment that Britain would move to the back of the queue when it comes to trade deals with the United States if it left the European Union, the White House said on Friday. "Obviously, the president stands by what he said and I don't have an update of our position," White House spokesman Eric Schultz told reporters at a briefing. Obama urged Britain to remain in the EU when he visited London in April and warned that a trade agreement between the two countries would not happen anytime soon if Britain left the bloc.
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Thousands of demonstrators have turned out in the German city of Hannover to protest a planned U.S.-Europe free trade agreement, a day before President Barack Obama arrives. Police said Saturday that more than 20,000 people gathered for the demonstration. Many in Germany regard the planned Trans-Atlantic Trade and Investment Partnership, or TTIP, with suspicion. Protesters Saturday carried placards with slogans such as "Yes We Can - Stop TTIP!"
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GOP frontrunner Donald Trump lambasted the permanent political class for supporting the Trans Pacific Partnership free trade deal, in an exclusive interview with Breitbart News ahead of the next debate. 'The deal is insanity,' he said. 'That deal should not be supported and it should not be allowed to happen.' The 5,544-page deal is far too long to be understood, said Trump. 'Nobody understands it,' he said. The 'Obamatrade' deal is longer than Obamacare plus the 2013 amnesty bill, authored by 2016 candidate Sen. Marco Rubio (R-FL)80% and Democratic leader Sen. Chuck Schumer (D-NY). 'The deal is so bad because...
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Sen. Ted Cruz said Thursday that he doesn’t think that Donald Trump will capture the 2016 GOP presidential nomination and predicted that it is only a matter of time before most of the New York billionaire’s supporters will move into his camp. During an appearance on WABC-AM Radio, host Rita Cosby asked Mr. Cruz whether he would eventually move past Mr. Trump based on his conservative principles, and the Texas Republcian said “I think that’s right.” “In time, I don’t believe Donald is going to be the nominee, and I think in time the lion’s share of his supporters end...
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Rep. Rosa DeLauro (D-Conn.) said the Trans Pacific Partnership trade deal is “riddled with problems” and the Obama administration has done “nothing” to resolve the issues. DeLauro added that the trade deal negotiations are being conducted in secret and transparency provisions have failed to make improvements. “There are serious concerns on the substance of the agreement,” she said on a conference call. “The agreement does nothing on currency manipulation and abusive practices costing up to 5 million American jobs.” While TPP presents an opportunity to crack down on currency manipulation, DeLauro said the administration has ignored requests from both parties...
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President Barack Obama’s push for a 12-nation Pacific trade deal stalled last week on surprisingly stiff opposition from Democrats, many of whom have cited the U.S. trade pact with Mexico as proof of all that can go wrong with free trade.In labeling the Trans-Pacific Partnership “Nafta on steroids,” though, critics may have picked the wrong target. It is not the two-decade-old Nafta but China’s accession to the World Trade Organization in 2001 that offers the cautionary tale to legislators who must vote again once this week on whether to give Mr. Obama authority to complete the TPP.With both Mexico and...
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The Trans-Pacific Partnership that President Barack Obama is negotiating with 11 other nations seeks to eliminate both tariff and nontariff trade barriers with these countries, according to the Congressional Research Service. One of those countries is Vietnam, which the State Department says maintains a Communist regime. In 2014, the U.S. ran a $24,858,700,000 trade deficit with Vietnam, according to U.S. government trade data published by the Census Bureau. U.S. producers sold $5,724,900,000 in goods to purchasers in Vietnam. At the same time, producers in Vietnam sold $30,583,600,000 in goods to purchasers in the United States. Documents related to the TPP...
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PORTLAND, Ore. (AP) — The head of the largest U.S. trade union federation said Monday that a bad deal is worse than no deal, and he urged Congress not to support fast-track legislation that would let President Barack Obama present Congress with proposed trade agreements that lawmakers can ratify or reject, but not amend. That would make it easier for Obama to get congressional approval for a trade deal between a dozen Pacific Rim nations. Trumka spoke Monday at a news conference about 10 miles from Nike Inc. headquarters in Oregon, the spot where Obama recently defended the Trans-Pacific Partnership.
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Senate Republicans Tuesday accused Democrats of reneging on deal that would give President Obama "fast track" authority to approve trade pacts. Senate Finance panel Chairman Orrin Hatch, R-Utah, said Democrats broke an agreement struck in committee that Trade Promotion Authority legislation would move separately from two provisions dealing with trade enforcement and preferences. "This demand materialized last week and came from the Senate Democratic leadership, virtually all of whom oppose TPA and their president outright," Hatch said, moments after Democrats voted to block the trade bill. Democrats said Tuesday they opposed the bill because they wanted the legislation to include...
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One of the Senate’s leading liberals is borrowing a page from the playbook of Texas GOP Sen. Ted Cruz. Sen. Elizabeth Warren, D-Mass., is pushing to strike out language from the “cromnibus” spending bill unveiled Tuesday that would roll back restrictions on “swaps” transactions included in the 2010 financial regulatory overhaul known as Dodd-Frank. Repealing the “push-out” provision would mean that certain derivatives could again be held in bank units with federal deposit insurance. Using a strategy sometimes employed by Cruz for entirely different policy reasons, Warren said that with the $1.013 trillion spending package first being considered by the...
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To Kill Without a TracePosted By Mark Tapson On March 24, 2015 @ 12:21 am In Daily Mailer,FrontPage | 3 Comments On July 18, 1994, a van loaded with explosives destroyed the Argentine Israelite Mutual Association (AMIA), murdering 85 innocents and injuring over 300. The government accused Hezbollah, but it was not until 2006 that sufficient legal evidence was gathered to request warrants for the arrest of those allegedly responsible.On January 19, 2015, the chief investigator of the case, prosecutor Alberto Nisman, was found murdered (though it had been made to look like a suicide). Nisman had been on the verge of...
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