Pacific Rim Nations Led by US Agree to Historic Trade Deal
A dozen Pacific Rim nations agreed to an historic pact that would cut trade barriers on items ranging from cars to rice, setting up a potentially contentious ratification vote before a skeptical U.S. Congress.
Shrinking US Trade Gap Shows Economy's Underlying Strength
The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.
Trade Deficit Widens, Showing Effect of Strong US Dollar
The trade deficit in the United States widened in June as the strong dollar lifted imports and hobbled exports, representing a hurdle for economic growth.
Trade Gap Grew in May as Exports Fell Most in Three Months
The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.
July 7, 2015Obama Signs Two Bills, Advancing Trade Plan
President Obama signed two pieces of legislation June 29 that together will allow him to move his trade agenda forward and continue negotiating the Trans-Pacific Partnership free trade agreement.
Senate Sends Fast-Track Free Trade Bill to Obama
The Senate sent President Obama legislation granting fast-track trade-negotiation authority, a hard-fought victory intended to aid completion of an agreement with Pacific nations that is a top second-term priority.
Senate Advances Trade Promotion Authority Bill
The U.S. Senate approved legislation June 23 that would give President Obama enhanced authority to complete free-trade deals, including a landmark agreement with Pacific nations.
House Passes Free Trade Legislation; Industry Execs Expect Economic Boost
The House late last week approved a bill intended to speed free trade deals, legislation that is backed by business groups and the Obama administration.
House Passes Free Trade Legislation; Trucking Sees Economic Boost
The House approved a bill intended to speed free trade deals, legislation that is backed by business groups and the Obama administration.
Obama’s Fast-Track Trade Bill Set for New Vote in House
The House plans to vote June 18 on a bill to revive President Obama’s fast-track trade proposal, members were told June 17.