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Senate Republicans Pressure Obama on Trade Deals
By not in system - AOL NewsWASHINGTON -- Senate Republicans on Monday raised the stakes in their showdown with President Barack Obama over trade policy, saying they will block the confirmation of a new commerce secretary until the administration submits to Congress three pending free trade agreements. The administration says it is ready to submit the trade agreement with South Korea to Congress for ratification, but says it needs a little more time for the other two, with Colombia and Panama. Republicans in both the House and Senate have said that is unacceptable, and they would not act on the South Korea deal unless ...
Opinion: North Korea's Favor to the US
By not in system - AOL News(Dec. 3) -- North Korea's Kim Jong II isn't prone to doing favors for the U.S., but his decision to launch a missile attack against South Korea gives the Obama administration a chance for a "do-over" as it relates to the U.S.-South Korea Free Trade Agreement. While President Barack Obama walked away empty handed from the recent negotiations over this vital trade agreement, his decision to send the aircraft carrier George Washington and its strike group to engage in exercises with South Korea can only strengthen our historical ties with South Korea. It will make it much harder for the South ...
APEC Agrees to Pursue Pacific-Wide Free Trade Zone
By not in system - AOL NewsYOKOHAMA, Japan (Nov. 14) -- Leaders of the Pacific Rim economies that have spearheaded the still-fragile global recovery agreed Sunday to work toward building a regionwide free trade zone they say is the lynchpin for sustainable growth. From tiny Brunei to rising powerhouse China, the 21-member Asia-Pacific Economic Cooperation forum unanimously pledged to avoid raising more trade barriers and to roll back those they may have erected in the midst of crisis. "We reaffirm our unwavering commitment to achieving free and open trade and investment in the region," the leaders said in a ...
In Annual Ritual, U.N. Condemns U.S. Embargo on Cuba
By David Sessions - Politics DailyThe U.N. General Assembly voted to condemn the economic and trade embargoes the United States has levied against Cuba since 1962, The Guardian reported Wednesday afternoon. Last year, 185 member nations voted for a resolution demanding an end to the embargo, with only Israel and Palau casting ballots against it. Denouncing U.S. policy toward Cuba has become an annual ritual in the assembly, but this year is expected to carry additional weight because the Obama administration has taken a few hesitant steps toward thawing U.S.-Cuban relations. During his campaign, President Obama opposed the ...
RNC on Obama on NAFTA
By Dave - Politics DailyRNC Hammering on the Free Trade Issue. Tommy had a good post up earlier pointing out that there are a lot of shades of grey here. Which is correct. Obama was not nearly as against NAFTA as he wanted certain people to believe, and he is not as pro-NAFTA as Fortune makes him out to be. And therein lies the problem. It is simply that Obama words his issues carefully enough that anyone can read their preferred meaning into them, whether it's pro/anti NAFTA, or pro/anti public financing. It's a nice showcase for his skills as a rhetorician, because each of those statements sounded great as a ...
McCain/Obama NAFTA Brawl Heats Up
By Tommy Christopher - Politics DailyIt was reported on these pages yesterday that Barack Obama was backing away from his opposition to NAFTA, based on an interview with Fortune magazine. There was an Obama campaign conference call today to discuss John McCain's positions on trade, but I decided it would be a good time to clear up Senator Obama's, first. Tommy Christopher: On the subject of that Fortune interview, I understand (Obama's) core position (worker and environmental protections) hasn't changed, but I believe at the debates, he said we should use a pull-out as a hammer to advance that, so without that, where are the ...
NAFTA OK Again
By Dave - Politics DailyObama says, hey, I'm OK with NAFTA after all. "Sometimes during campaigns the rhetoric gets overheated and amplified," he conceded, after I reminded him that he had called NAFTA "devastating" and "a big mistake," despite nonpartisan studies concluding that the trade zone has had a mild, positive effect on the U.S. economy. Does that mean his rhetoric was overheated and amplified? "Politicians are always guilty of that, and I don't exempt myself," he answered. What's interesting about this is that Obama may owe an apology to one Mr. Austin Goolsbee: Three weeks later, Canada's CTV News ...
Bush: Congress Wrong to 'Stiff' Colombia
By Mark Impomeni - Politics DailyPresident Bush lashed out at Congress today over the House of Representatives' vote to block action on the Colombia Free Trade Agreement last week. Speaking after a cabinet meeting, the president singled out House Speaker Nancy Pelosi for criticism for the vote and said that there was a lot of disappointment over the House's action.I do want to say something about trade. There's a big disappointment around this table about the actions the speaker took on the Colombia Free Trade Agreement.The free trade agreement is good for American workers, and it's good for American consumers, and this free ...
White House Push Back on Colombia Trade Deal
By Mark Impomeni - Politics DailyThe White House held a blogger conference call today to discuss the House vote to block the Colombia Free Trade Agreement. Special Assistant to the President and Senior Director for Western Hemisphere Affairs Dan Fisk was on the call to provide the Administration's assessment of the House action's impact on U.S foreign policy and future trade agreements. The White House is framing the free trade agreement as a national security issue with real consequences for the United States.Mr. Fisk began by recounting the history of Colombia. Ten years ago, he said, Colombia was a failed state on the ...
House Votes to Block Free Trade Deal
By Mark Impomeni - Politics DailyDemocrats in the House, led by Speaker Nancy Pelosi (D-CA) voted to block consideration of the Colombia Free Trade Agreement, sent up to Congress yesterday by President Bush. Democrats did not reject the deal outright, rather they chose to implement a special rule for consideration of the bill. The rule allows the House to waive a provision of the law granting the Administration the right to negotiate trade deals without Congressional input. Deals negotiated under the so-called Fast Track authority are then sent to Congress for an up or down vote with no amendments allowed within 90 ...
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