March 5, 2013 |
After months of wrangling, the U.S. and Mexico signed a new tomato trade agreement late Monday, officially suspending an antidumping investigation of fresh tomatoes from south of the border and raising floor prices for Mexican tomatoes. The agreement, announced in February, prevented a trade war between the two countries. U.S. growers in Florida had accused their Mexican counterparts of selling their tomatoes below fair market value -- a practice known as dumping -- and last year asked the U.S. Commerce Department to scrap the 17-year-old trade agreement.
January 24, 2013 |
Retail prices for tomatoes may double if a trade agreement between the U.S. and Mexico ends, according to a study released Thursday by a tomato importing group. The possible price hike is the result of a brewing trade war between Florida tomato growers who accuse their Mexican counterparts of “dumping,” or selling their tomatoes below fair market value. U.S. growers, represented by the Florida Tomato Exchange, have been lobbying to end a 17-year-old trade agreement between the U.S. and Mexico, which sets a minimum price for tomatoes.
December 21, 2012 |
A group of California visual effects artists is mounting a long-shot campaign to dismantle foreign film tax credits, contending that they hurt U.S. workers and violate international trade agreements. More than 150 visual effects workers in the last two weeks have donated funds to challenge the legality of foreign film subsidies that have buffeted California's visual effects industry. "We're fighting for the industry we love," said Rachael Campbell, a visual effects artist and campaign donor.
April 15, 2012 |
CARTAGENA, Colombia -- The Obama administration says Colombian officials have taken sufficient steps to protect the rights of workers to allow a free trade agreement with the U.S. to move forward. U.S. Trade Representative Ron Kirk said Sunday morning that the trade pact will go into operation in May, opening the way for a new level of trade and travel between the two countries. The decision that Colombia has met that mark puts President Obama at odds with some U.S. labor leaders.
October 14, 2011 |
Much as he may want to run against a "do-nothing" Congress, President Obama found himself marking congressional passage of major trade deals, appearing Friday at a General Motors plant in Michigan to tout the South Korean pact, in particular, as a "win-win" for both countries. Obama was accompanied on the trip by the visiting South Korean president, Lee Myung-bak, who proved himself a savvy politician by donning a Detroit Tigers cap for the occasion. The Tigers are playing the Texas Rangers in the American League Championship Series.
October 13, 2011 |
In an address to members of Congress Thursday, South Korea's president thanked lawmakers for passing a long-awaited trade agreement with his country, what he called the opening of a “new chapter” in the already strong relations between the two nations. President Lee Myung-bak spoke to a joint meeting of Congress a day after the House and Senate ratified the South Korea trade pact and two others that had languished amid the partisan rancor that has come to define Washington.
August 5, 2011 |
Senate leaders announced a breakthrough on long-stalled trade agreements with South Korea and other U.S. trading partners, promising swift votes on one of President Obama's top priorities after Congress returns next month from its August recess. The accord comes at a time of growing economic uncertainty in the U.S. as unemployment remains high and the president and members of both parties struggle to show voters that jobs and the middle class are their top priority. Proponents say the trade agreements — with Colombia and Panama as well as South Korea — will pump as much as $14 billion into the U.S. economy and add more than 250,000 jobs.
July 9, 2011 |
As White House aides search for ways to show progress on the economy, they are banking that a set of small-scale proposals may be able to win congressional approval and dent a chronically high unemployment rate considered the main threat to President Obama's reelection chances. Obama has turned to the modest measures in the absence of more ambitious tools, such as stimulus spending, which are not an option for the White House in the climate of austerity and fiscal discipline dominating Washington.
June 29, 2011 |
The White House and Senate Democratic leaders reached a breakthrough on passing long-sought trade agreements with South Korea and other U.S. trading partners. But key Republicans immediately threatened to torpedo the plan Tuesday because it would extend an existing federal program to retrain American workers who lose jobs to foreign competition. In the kind of compromise that historically assures passage of a legislative proposal, the job-training provision was added to the trade agreements, long favored by business groups, in order to win over Democratic lawmakers from industrial states such as Michigan, where overseas competition is blamed for thousands of lost jobs.
April 11, 2011
In the four years since the United States and Colombia reached a trade agreement that would eliminate steep tariffs on U.S. exports to the South American nation, the proposed pact has languished in Congress. Democrats, backed by their allies in organized labor, opposed it, accusing Colombia of turning a blind eye to rampant human rights abuses against union leaders. But a glimmer of hope emerged last week when the White House announced it had brokered a new deal with Colombian President Juan Manuel Santos to improve the pact's protections for union activists.