trade promotion authority (TPA) News

House, Senate Committees Pass Trade Authority Bills

Legislation to speed trade deals through the U.S. Congress cleared through a key committee on Thursday, but low Democratic support signaled a looming battle over a Pacific trade pact central to President Barack Obama’s strategic shift toward Asia. Democrats and …

Obama, Insurers Welcome Bipartisan Trade Authority Measure

The White House would get its desired clarity of authority to negotiate a Pacific trade agreement while lawmakers would get the right to set negotiating parameters and to have a yes-or-no-vote on such pacts under a bipartisan proposal unveiled Thursday. …

White House Says Will Seek ‘Fast-Track’ Trade Authority

The White House on Friday said it would work for approval of politically contentious legislation that would ease the way for new trade deals, as it tries to wrap up talks on an Asia-Pacific free-trade agreement this year. But the …

U.S. Trade Official Says Budget Cuts Could Impair Trade Agenda

A top U.S. trade official warned that automatic budgets cuts that start taking effect on Friday could hamper ongoing U.S. trade talks in the Asia-Pacific region and another proposed set of negotiations with the European Union. “The sequester cuts will …