The U.S. Congress approved free-trade agreements with South Korea, Colombia and Panama, bringing an end to years of stalemate and offering what supporters said was the biggest opportunity for exporters in decades.
The AFL-CIO, the nation’s largest labor federation, opposes all three agreements and will hold a Capitol Hill demonstration Tuesday to protest them. But the short timeline mapped out for passage gives opponents little time to block the deals.
We sift through the facts and myths of free trade agreements with Laura Carlsen, director of the Americas Program of the Center for International Policy and a columnist for Foreign Policy in Focus.
After shunning Latin America two years ago, the government is now seeking closer economic ties with the region as part of its initiative to diversify markets for Indian merchandise.
US policymakers would be wise to re-evaluate the TPA, carefully separating the pros from the cons.
US Senate leaders have reached a potential bipartisan compromise on three long-delayed free-trade agreements with Colombia, Panama, and South Korea.
From World War II until NAFTA, US trading policies were based on geopolitical needs and what would increase prosperity for America. Since NAFTA, however, the mantra of free trade has been warped to generate rights for international capital and nothing else.
President Barack Obama will delay sending free-trade agreements to Congress until lawmakers return from an August recess as a dispute with Republicans over a worker-aid program remains unresolved, according to people familiar with the decision.
Long before 2008, when Wall Street’s unchecked greed brought the world’s economy to its knees, we in the middle class could feel our future slipping away. We knew that we were working longer and harder — we could clearly see that even with two salaries, most families had less disposable income than families did in the ’60s and ’70s when one income was the norm.
The Society of Chemical Manufacturers and Affiliates (SOCMA) issued its support this week of the passage of pending free-trade agreements (FTA) with South Korea, Panama and Colombia by two Congressional committees. SOCMA is the US-based trade association representing custom and batch manufacturers, including contract manufacturers of fine chemicals, pharmaceutical intermediates, and active pharmaceutical ingredients.
For over a decade, the labor movement and development advocates have called for fair-trade policy that is part of a more coordinated and coherent national economic strategy. Unfortunately, the Korean, Colombian and Panamanian free-trade deals before Congress do not address the fundamental policy failures of the North American Free Trade Agreement and China’s inclusion into "favored nation status," which has led to catastrophic job loss in the U.S. and the explosion of our import/export deficit, now reaching $500 billion annually.
Inking free trade deals with South Korea, Panama and Colombia is among the highest priorities for the U.S. business community.
The Obama administration hopes to send all three pending free trade agreements — Colombia, Panama, and Korea — to Congress before the August recess.
Panama will attend the Caribbean Investment Forum in Trinidad and Tobago, to offer Caribbean countries like Barbados, Belize and Jamaica free trade agreements negotiations, according to an official source.
Countering GOP demands for the passage of three seriously-flawed trade deals with South Korea, Colombia and Panama, the International Association of Machinists & Aerospace Workers (IAM) today launched a targeted, informational ad campaign on Facebook.
The White House is threatening to hold up final passage of three coveted free trade agreements unless lawmakers expand retraining assistance for American workers who lose their jobs because of foreign competition.
The American Farm Bureau Federation supports the proposed US free trade agreements with Korea, Panama and Colombia, while the National Farmers Union is opposed.
Peru’s free trade agreements (FTAs) with Panama and Costa Rica are expected to come into force in January 2012, according to the Andean country’s Foreign Trade and Tourism Ministry.
Administration officials said Tuesday that a free trade agreement with Panama is ready for congressional consideration and that they hoped it will be part of a larger trade agenda that also includes completion of long-pending free trade treaties with South Korea and Colombia.
The list of US criticisms of human rights infringements in Panama under the Martinelli administration continues to grow and the president, unlike the leaders of other countries seeking an FTA, has still not been invited to the White House.