Blog: Katy AskewUS trade liberalisation faces bumpy ride

Katy Askew | 15 May 2015

US efforts to liberalise international trade faced something of a roller coaster ride this week, as the Senate first voted down Barack Obama's proposals only to reach a compromise that would give the President “fast track” negotiating authority. 

A bipartisan bill was introduced last month to renew the Trade Promotion Authority, which has not been in place since 2007. However, earlier this week, Democrats voted down the proposals over fears that American jobs would be hit by trade liberalisation. 

The compromise deal, which was approved just the next day, will give Obama the power to sign trade deals without Congressional approval.  Congress would then have 90 days to either approve or reject the deal – but would be unable to amend it. 

The Obama administration is working on two significant trade deals with Asia and Europe – the Trans Pacific Partnership and the Transatlantic Trade and Investment Partnership. 

The US food sector broadly supports trade liberalisation talks, suggesting that free trade agreements will have a positive impact on exports. US dairy body the International Dairy Foods Association said last month that the TPA is “key” to “making sure the US dairy industry gets the best possible outcomes in trade agreements". 

BLOG

just-food back up and running

To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....

BLOG

Storm Doris causes power outage at just-food

Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....

BLOG

Fyffes to face Ethical Trading Initiative disciplinary committee

A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...

BLOG

Could 3G Capital's next move be in foodservice?

Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...

just-food homepage



Forgot your password?