Despite negative public opinion about open trade, Congress is poised to approve delayed free trade agreements with South Korea, Panama, and Colombia. The deals will help the US economy by increasing exports and supporting and creating tens of thousands of jobs.
Three free trade deals – with South Korea, Panama, and Colombia – will be signed, sealed, and delivered by the middle of next week, predicts White House Chief of Staff William Daley. For Washington, that would be fast work.
Amid worries that the economy may be tipping toward a second recession, both Republicans and Democrats say creating jobs is their top priority. But the two parties are far apart on their approaches. Democrats favor targeted stimulus – investments in infrastructure, clean energy, and education – while hiking taxes on corporations and the rich to fund this jobs spending. Republicans aim to curb government regulation and cut taxes to give businesses and individuals more incentive to invest. Here are the Republicans' top five priorities.
The new US- and Brazil-led initiative to encourage government transparency could provide the US another means to promote democracy and free trade.
Security experts differ on whether tractor-trailer truck safety breaches within Mexico will mean the problem will spill over into the United States.
After years of wrangling, US and Mexican officials signed an agreement Wednesday that allows trucks from each nation to travel on the other country’s highways – a key provision of NAFTA.
A reckless free-trade policy is destroying America's jobs machine. We must return to a policy of strategic, not unconditional, economic openness.
Christopher served as Secretary of State during Bill Clinton's first term and was an architect of the 1995 Bosnian peace accords.
President Obama on Thursday laid out a plan to allow trucks from Mexico to carry goods into America. Concern about safety of Mexican trucks have nixed such transport for decades.
Obama's speech Monday to US Chamber of Commerce outlined plans to encourage innovation and business investment. But he also urged US companies to get off sidelines and 'invest in America.'