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Feb 23, 2014

Obama to unveil manufacturing institutes in Detroit, Chicago

WASHINGTON (Reuters) – President Barack Obama will announce two new manufacturing institutes aimed at attracting and nurturing businesses that will hire workers for highly paid jobs in the United States, a White House official said on Saturday.

One institute, to be located in Detroit, will focus on lightweight and modern metals. The other, in Chicago, will concentrate on digital manufacturing and design technologies, the official said.

Feb 23, 2014

U.S. calls for peaceful change in Ukraine

WASHINGTON (Reuters) – The United States said on Saturday the dramatic ouster of Ukraine’s President Viktor Yanukovich and the release of opposition leader Yulia Tymoshenko could move the country away from violence toward a political settlement.

The White House said Washington was keen to see the country build a new government and hold early elections.

Feb 20, 2014

U.S., Mexico, Canada eye ways to curb trade frictions: Obama

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama and his Canadian and Mexican counterparts on Wednesday discussed ways to reduce any trade frictions at summit in central Mexico of the North American leaders dubbed the “Three Amigos.”

U.S. Commerce Secretary Penny Pritzker said earlier this month that the 20-year anniversary of the North American Free Trade Agreement (NAFTA) between the three nations was an appropriate moment to look at how to “upgrade” North American trade ties.

Feb 19, 2014

Obama lauds economic reform drive of Mexico’s Pena Nieto

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama on Wednesday praised his Mexican counterpart Enrique Pena Nieto for pushing through a raft of economic reforms, as the pair met for a North American leaders’ summit in central Mexico.

Pena Nieto has overhauled swathes of Mexico’s economy, including the key energy and telecoms sectors, in a bid to boost competition and economic growth that has long lagged that of regional peers. However, it will be years before the full economic impact of the reforms is felt.

Feb 19, 2014

Obama warns Ukraine of consequences if violence continues

TOLUCA, Mexico (Reuters) – U.S. President Barack Obama warned Ukraine on Wednesday that there would be consequences if the violence in Kiev continues, saying the United States holds the Ukrainian government responsible for dealing peacefully with protesters.

Speaking to reporters ahead of a meeting with Mexican President Enrique Pena Nieto, Obama said the Ukrainian military should not step into a situation that could be resolved by civilians.

Feb 19, 2014

U.S. urges Ukraine to call truce with opposition

ABOARD AIR FORCE ONE (Reuters) – The United States on Wednesday urged the Ukrainian government to pull back riot police from Independence Square in Kiev, call a truce and hold discussions with the opposition after least 26 people died in the worst violence since the former Soviet republic gained independence.

White House Deputy National Security Adviser Ben Rhodes said the United States would consider the use of sanctions against those responsible for the violence in Ukraine.

Feb 17, 2014

‘Three Amigos’ to discuss oil pipeline at Mexico trade summit

WASHINGTON/MEXICO CITY, Feb 17 (Reuters) – North America’s
three leaders will discuss a controversial pipeline project that
would transport Canadian crude deep into the United States at a
trade summit this week, Mexico’s top diplomat said on Monday,
adding he does not see it as a competitive threat.

The proposed Keystone XL oil pipeline will help shape the
distribution of crude supplies in the region, and Mexico is
already beginning to diversify its oil exports away from the
United States given surging production there.

Feb 15, 2014

Biden acknowledges U.S. Democratic concerns on trade agenda

WASHINGTON (Reuters) – Vice President Joe Biden on Friday acknowledged concerns by fellow Democrats, including the top two in Congress, about President Barack Obama’s free-trade agenda but defended the U.S. pursuit of a proposed pan-Pacific trade pact.

Biden met behind closed doors with House of Representatives Democrats as they wrapped up a three-day retreat in Cambridge, Maryland, saying he understands the political reality of their misgivings on free trade, according to a senior House Democratic aide who spoke on condition of anonymity.

Feb 13, 2014

White House to release some budget data in week after main budget

WASHINGTON (Reuters) – In an unusual move, the White House will release some budget data the week after it publishes its principal budget document, an administration official said on Wednesday.

The White House will release the main budget volume, which contains all of President Barack Obama’s key proposals and government agency-level information on March 4 as scheduled, a White House official said. The administration will also release the appendix that includes background information that is considered useful to lawmakers who will ultimately pass legislation detailing how the government will spend its money, the official said.

Feb 11, 2014

France’s Hollande calls for quick EU-U.S. trade deal

WASHINGTON (Reuters) – French President Francois Hollande said on Tuesday speed is of the essence for a European Union-U.S. trade deal and that the accord would strengthen economic growth on both sides of the Atlantic.

“As soon as principles have been set, as soon as mandates have been given, speed is not a problem, it’s of the essence,” Hollande told a joint news conference with President Barack Obama at the White House.

    • About Mark

      "Mark Felsenthal is a Reuters White House correspondent who covered Barack Obama's re-election in 2012 and the fiscal crisis that immediately followed. Since joining Reuters in 2001, he has written about monetary policy, currency wars, and the housing market meltdown."
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