One thing that’s often missed in President Donald Trump’s complaints about the U.S. trade deficit is America’s $248 billion surplus in exports of services like education, financial services and software. Microsoft Corp., Goldman Sachs Group and FedEx Corp. are all …
U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of the pact are unknown, the U.S. insurers say they believe the agreement will level the playing field for them in …
U.S. Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations soon and send it to the U.S. Congress for approval before the end of the year. Lawmakers last week granted …
U.S. Senate leaders agreed on a deal to move forward with President Barack Obama’s legislation to speed approval of trade agreements following a one-day rebellion by Democrats. The Senate will hold votes Thursday on two related bills sought by Democrats, …
U.S. Senate Democrats delivered a major blow to President Barack Obama’s trade agenda on Tuesday, blocking debate on a bill that would have smoothed the path for a Pacific trade pact. The stunning outcome cast doubt on legislation key to …
The Pacific trade agreement faces its first test in the U.S. Senate on Tuesday in a knife-edge vote that may hold the key to President Barack Obama’s diplomatic pivot to Asia. The Senate vote is one of a likely series …
President Barack Obama’s administration on Wednesday notified Congress it will start free-trade talks with Japan, bringing the world’s third-largest economy into U.S.-led negotiations on a regional free-trade pact. “The participation of Japan, a major U.S. trading partner as well as …
