Trade Correspondent, Washington DC, USA
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May 12, 2015

Fast-track trade bill faces key test in U.S. Senate

WASHINGTON, May 12 (Reuters) – The Pacific trade agreement
faces its first test in the U.S. Senate on Tuesday in a
knife-edge vote that may hold the key to President Barack
Obama’s diplomatic pivot to Asia.

“This is going to be an old fashioned cliffhanger,” said a
senior Senate Democratic aide.

May 12, 2015

Fast-track trade bill faces key test in U.S. Congress

WASHINGTON (Reuters) – The Pacific trade agreement faces its first test in the U.S. Senate on Tuesday in a knife-edge vote that may hold the key to President Barack Obama’s diplomatic pivot to Asia.

The Senate vote is one of a likely series of congressional hurdles to be overcome that will hinge on the support of a handful of Democrats. The White House has launched a campaign blitz directed at them in support of granting the president authority to speed trade deals through Congress.

May 6, 2015

Obama puts Nike in trade spotlight despite sweatshop stigma of past

WASHINGTON, May 6 (Reuters) – President Barack Obama will
make a high-profile pitch for a Pacific trade deal he promises
will protect workers on Friday at Nike Inc, a company
once reviled for using Asian sweatshops to make its famous
sneakers.

In choosing the company’s Oregon headquarters as the
backdrop for his message, Obama risks reminding people of global
trade’s downside just when he needs to convince nervous
Democrats to back the 12-nation Trans-Pacific Partnership (TPP),
a key plank of the administration’s strategic pivot to Asia.

May 5, 2015

U.S. Senate Republicans determined to move on fast track trade bill

By Susan Cornwell and Krista Hughes

(Reuters) – U.S. Senate Republicans plan to push ahead with
legislation key to sealing a Pacific trade pact as soon as
possible, Senate Majority Leader Mitch McConnell said on
Tuesday, despite objections from the chamber’s top Democrat.

McConnell, speaking on the Senate floor, said that as soon as
the Senate finishes work on budget and Iran legislation, he will
attempt to bring up a bill to streamline the passage of trade
deals through Congress.

Apr 30, 2015

U.S. lawmaker optimistic on fast-track trade bill; Obama woos Democrats

WASHINGTON, April 30 (Reuters) – A key U.S. lawmaker said on
Thursday he is optimistic Congress will approve legislation
central to a Pacific trade pact even though the top Democrat in
the House of Representatives said more work is needed to make
the “fast track” legislation palatable to his party.

The Republican chairman of the House Ways and Means
Committee, Paul Ryan, predicted Republicans would largely back
the bill, which would speed trade deals through Congress by
restricting lawmakers to a yes-or-no vote, without amendments.

Apr 30, 2015

China, India, on U.S. list for intellectual property concerns

WASHINGTON (Reuters) – China and India remain on a U.S.
priority watch list for lax rules on copyright, trade secrets
and other intellectual property rights violations in an annual
review of trading partners published by the U.S. Trade
Representative on Thursday.

Thirteen countries are on the priority watch list for 2015,
including Russia and Ukraine as well as China and India, and
another 24 are on a lower-level watch list.

Apr 29, 2015

U.S. senator bent on keeping currency rules out of fast track

By Krista Hughes

(Reuters) – The chairman of the U.S. Senate committee
responsible for trade said on Wednesday he will fight to keep
lawmakers from adding tough rules against currency manipulation
to legislation meant to ease passage of a Pacific trade pact.

Orrin Hatch, the Utah Republican who heads the Senate
Finance Committee, said he wanted the “fast-track” trade
legislation to pass the full Senate in its original form. Some
lawmakers want to add currency rules and another change that
backers of the trade deal have dubbed a “poison pill”.

Apr 24, 2015

U.S. Export-Import Bank backers say ready for fight ‘to the death’

WASHINGTON (Reuters) – Supporters of the U.S. Export-Import
Bank said on Friday they would press ahead with legislation to
keep the bank alive despite efforts to shut it down.

“The perspective on the other side is not ‘reform Export
Import Bank,’ it is ‘kill it,'” said Oklahoma Republican Frank
Lucas, whose support for Ex-Im has made him a target for
conservatives demanding the bank close. “This is a fight to the
political and economic death.”

Apr 23, 2015

Trade bill key to Pacific pact clears Senate panel

WASHINGTON (Reuters) – Legislation to give the White House “fast track” authority to nail down a Pacific trade pact cleared its first hurdle in the U.S. Congress on Wednesday as a committee backed the bill and sent it to the full Senate for consideration.

Approved by the Senate Finance Committee on a 20 to 6 vote, the legislation would prohibit Congress from amending trade deals, instead allowing for just up-or-down votes.

Apr 23, 2015

U.S. trade bill key to Pacific pact clears Senate panel

WASHINGTON (Reuters) – Legislation to give the White House “fast track” authority to nail down a Pacific trade pact cleared its first hurdle in the U.S. Congress on Wednesday as a committee backed the bill and sent it to the full Senate for consideration.

Approved by the Senate Finance Committee on a 20 to 6 vote, the legislation would prohibit Congress from amending trade deals, instead allowing for just up-or-down votes.

    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
      Joined Reuters:
      2004
      Languages:
      English, German, Spanish, Portuguese
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