ISDS Case Map
US
Now that Congress has granted President Barack Obama the power to sign the Trans-Pacific Partnership Agreement without interference, attention will be focused on whether he can take advantage of the reinvigorated talks to seal both the deal and his legacy before his departure in 2017.
The US Senate on Wednesday approved a so-called fast-track trade bill that empowers the president to negotiate trade deals, media reported on Thursday.
President Barack Obama’s Pacific Rim trade pact moved closer to a final US Congress vote, with lawmakers agreeing on Tuesday to limit debate on legislation that would grant Obama authority to speed trade deals through Congress.
Talks on a bilateral investment treaty (BIT) will be high on the agenda during the upcoming annual Strategic and Economic Dialogue (S&ED) between China and the United States in Washington, D.C. and the two sides could seize the opportunity to finalize the deal before U.S. President Barack Obama leaves office in January 2017, U.S. experts said.
US President Barack Obama’s signature Pacific trade pact faces another test in the Senate on Tuesday as legislation needed to close the deal returns for a second run through the chamber.
The Republican-led US House of Representatives voted to give President Obama authority to negotiate trade agreements, passing the so-called fast-track bill with the assistance of just 28 House Democrats on Thursday. The Trade Promotion Authority (TPA) bill, which was decoupled from a labor program, will now go back to the Senate for approval.
The US House of Representatives may try again Thursday to advance President Barack Obama’s ambitious Asia-Pacific free trade agenda by separating fast-track negotiating authority from a measure -- aimed at helping American workers -- that was voted down Friday.
Opening more sectors in China to foreign competition is the critical element to negotiating an investment treaty with the United States, a US trade group said on Wednesday.
President Barack Obama and his Republican allies on trade are thinking of restarting their legislative push in the Senate. It’s testament to a crucial miscalculation they made months ago.
