By Patrick Mendis
Every year, America celebrates the birthday of President George Washington, the founder of our nation. A far less recognized but momentous event in the world's history purposefully occurred on his 52nd birthday; the new nation officially inaugurated the commercial relationship with China in the dawn of American Independence. In 1784 -- exactly 230 years ago -- the Empress of China made its...
Read MoreVia The Hill
By former Gov. Matt Blunt (R-Mo.)
The Trans-Pacific Partnership (TPP) can serve as a foundation of stability - fostering security and economic growth throughout the Pacific Rim region. That is why it is critical that the 12 countries negotiating TPP focus on crafting a modern and relevant trade agreement.
As global automakers that benefit from open trade and investment, American automakers Chrysler, Ford and GM, have...
Read MoreBy Matt Schneider
Stung by overseas patent rulings that could undercut U.S. companies, the Obama administration is trying to expand protection for the makers of the world’s most advanced medicine through trade rules that critics argue could lead to higher global drug prices.
The effort has sparked an intense debate between pharmaceutical firms looking to protect costly research investments and fund the...
Read MoreBy William Mauldin
Japan and the U.S. conducted a new round of trade talks in Washington on Tuesday aimed at overcoming a decades-old snag over the limited access U.S. farmers and Detroit auto makers have to the Japanese market.
Resolving those differences is central to sealing a 12-nation trade bloc that encircles the Pacific—as well as overcoming congressional jitters over the deal.
If Washington...
Read MoreThank Baucus for helping to protect nation's greatest export: intellectual property
Originally published February 13th online at http://missoulian.com
What would you say is America’s greatest export? And how many pounds, gallons, barrels or bushels of this product make it beyond our borders each year?...
Read MoreThis morning, the U.S. Chamber of Commerce released the 2nd edition of the GIPC (Global Intellectual Property Center) Intellectual Property Index, rating 25 of the world’s most vital economies on the strength of their intellectual property (IP) protection efforts. The United States, the United Kingdom, France and Singapore received the best scores; Vietnam, Thailand and India were rated as the...
Read MoreThe news earlier this week of an alleged leaked version of the Trans-Pacific Partnership Agreement (TPP) intellectual property text has set the usual suspects aflame, with predictions of horrors so great, we would all wish the Mayans had been right. It’s no coincidence, I think, that all these same folks were against the TPP when it was first announced. And they were against the U.S.-Korea...
Read MoreHarsh stance highlights benefits for America
Following Wednesday’s dissemination of Trans-Pacific Partnership materials, Russian Television News published blatantly anti-TPP rhetoric, aimed at diminishing the legitimacy of the agreement.
In an article titled TPP Uncovered: Wikileaks Releases Draft of Highly-Secretive, Multi-National Trade Deal the government-...
Read MoreThe Trade Alliance to Promote Prosperity applauds the U.S. Chamber of Commerce’s Global Intellectual Property Center for holding today’s inaugural Global IP Summit, uniting the innovators that make our economic progress possible. The mission of today’s meeting was to underline the value of intellectual property as the driver behind economic, cultural and technological advancements. Now, more...
Read MoreVia World Poultry
Four Chinese poultry processors have been approved to export a limited amount of meat to the United States, the US Department of Agriculture has announced.
Initially, only cooked poultry products from birds raised in the United States and Canada, will be eligible for exporting. It is thought however, that the government would eventually expand the rules, so that chickens and turkeys bred...
Read MoreBy Zhenhu Bain
Washington's move to block catfish imports from China is a recipe for disaster.
Any good recipe for pecan-crusted catfish encourages chefs to first fry the fish and then finish cooking it in the oven for a few minutes. The quality of the ingredients makes or breaks the dish. The catfish would likely be from Hubei province in China and the pecans from New Mexico, a perfectly blended...
Read MoreVia KTVA
China is Alaska’s largest export market, and the country's ambassador to the U.S. says it would like to do more business with the Last Frontier.
Tuesday Ambassador Cui Tiankai and Senator Mark Begich spoke about building a stronger business relationship. The ambassador expressed great interest in buying more energy.
The ambassador said he loves Alaska’s seafood and encourages the...
Read MoreVia Just Style
By Richard Woodard
As the latest round of Trans-Pacific Partnership (TPP) trade talks gets underway, US apparel and footwear retailers and importers have been talking up the pact's ability to boost exports, create jobs and benefit US consumers.The American Apparel & Footwear Association (AAFA) said a correctly structured TPP could help generate US textile and apparel exports.To be successful, it argued, the...
Read MoreBy Toko Sekiguchi
TOKYO--Top trade negotiators for Japan and the U.S. met on Monday to discuss the Trans-Pacific partnership free trade talks, hoping to work out long-running points of contention ahead of a 12-nation meeting in Brunei later in the week.
Framing the TPP talks as an integral part of President Barack Obama's Asia Pacific rebalancing strategy, U.S. Trade Representative Michael Froman...
Via Forbes
By Gary Shapiro
Our international leaders are finally getting serious about global free trade – and not a moment too soon. Earlier this month, the United States and the European Union began talks on trade, after almost two years of preparation. Establishing a U.S.-EU free trade agreement is crucial for the global economy, and will strengthen businesses of all sizes, opening up the global market to competition...
Read MoreVia Washington Post
A sharp decline in the trade deficit with other nations suggests the U.S. economy grew this spring at a faster pace than previously estimated, helped by a record level of exports.
The Commerce Department said Tuesday that the U.S. trade gap fell more than 22 percent in June from May to $34.2 billion. That’s lowest level since October 2009.
American companies shipped more aircraft...
Read MoreBy William Davison
American companies should share the benefits of trade with sub-Saharan Africa as the U.S. examines extending duty-free access for imports from many nations on the continent, Trade Representative Michael Froman said.
The U.S. African Growth and Opportunity Act, approved by the U.S. Congress in 2000 and extended in 2004, is meant to boost economies on the world’s poorest continent. The law...
Read MoreVia China Post
By Michael Barris and Li Jiabao
Chinese experts are urging the United States to loosen restrictions on high-tech exports to China to balance bilateral trade and spur the U.S. economic recovery.
The call comes as the U.S. has pledged to work hard to expand its shipments to China and to reclaim 10 percent of China's total imports by 2015.
Although China remained the U.S.' third-largest export market in 2012, buying...
Read MoreThe U.S. hopes negotiations for a free trade deal with the European Union will drive growth-oriented reforms in the EU economy, the top American trade official said Tuesday.
In a similar vein, U.S. Trade Representative Michael Froman said China's recent agreement to negotiate a bilateral investment treaty with the United States is a chance to press for economic reforms in the Asian giant...
Read MoreVia Japan Times
Japan and the United States will hold trade negotiations next week in Tokyo in parallel with the Trans-Pacific Partnership free-trade talks, the government said Thursday.
During the three-day meeting from Wednesday, Japan, which joined the TPP talks last week, will discuss safety standards and other matters in connection with autos, the insurance sector and intellectual property issues...