TPP – ITC Report Released. Late Wednesday afternoon, the ITC released its report on the effects of the proposed TPP on the U.S. economy. The nearly 800-page report examines specific industry sectors in the United States and seeks to ascertain which would benefit or suffer from the deal. U.S. Trade Representative Michael Froman immediately issued … Continue Reading
TPP Developments – Prospects for Congressional Action Dim. The hostile political environment toward trade continues to dim the prospects that Congress would likely move this year on a bill to implement the Trans-Pacific Partnership (TPP). Both leading presidential candidates – Mr. Trump and Secretary Clinton – have stated their opposition to the TPP deal. Secretary … Continue Reading
After multiple extensions of negotiations in Atlanta, Georgia, the Trans-Pacific Partnership (TPP) Ministerial Meeting concluded early Monday morning with the announcement of a final deal. TPP negotiators spent Saturday into Monday morning hashing out final compromises on biologics exclusivity, dairy market access, sensitive products, investor-state dispute settlement, and other last-minute issues. The deal culminates negotiations … Continue Reading
