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Saturday, May 13, 2017 2:06:26 AM
The Senate Has Confirmed Trump’s Pick for U.S. Trade Representative
"Left Caught Planning War With Russia To Stop Trump: 1/1/17 Full Show"
Reuters
May 12, 2017
The U.S. Senate on Thursday approved President Donald Trump's nominee for U.S. Trade Representative, a critical position ahead of renegotiations of the North American Free Trade Agreement with Canada and Mexico.
Delays in Senate confirmation of veteran trade lawyer Robert Lighthizer more than 100 days after his nomination have set back Trump's trade agenda, including the start of talks about revamping one of the world's biggest trading blocs.
Lighthizer won support from both Republicans and Democrats in the Republican-led Senate on Thursday, with an 82-14 vote to confirm his nomination.
The administration has had to wait for Lighthizer to be in place before triggering the formal process to begin renegotiating NAFTA.
It was not immediately clear when the White House would begin that process. To do so, the Trump administration must send a letter to Congress declaring its intention to launch negotiations in 90 days.
The Republican president has said the 23-year-old trade pact devastated U.S. workers and has vowed to tear it up if he fails to get a better deal.
Some Democrats, while critical of Trump's views on trade, said they were confident Lighthizer would work to help U.S. workers.
"He's a real pro," Senator Ron Wyden, a Democrat from Oregon, said before voting in favor.
Lighthizer 's approval came despite the objections of two Republican senators, John McCain of Arizona and Ben Sasse of Nebraska, who said they were worried he did not appreciate NAFTA's benefits.
Canadian Foreign Minister Chrystia Freeland, in charge of trade ties with the United States, said she did not expect the administration would move immediately on NAFTA.
"I imagine that Ambassador Lighthizer may need to spend a bit of time in consultations prior to formally triggering that 90-day period," she said on a conference call on Thursday night.
While the U.S. trade deficit with Mexico has ballooned since NAFTA was enacted in 1994, U.S. farmers have profited from exports to America's southern neighbor, while automakers have cut costs by building cross-border supply chains that benefit from lower Mexican wages.
Orrin Hatch, a Utah Republican who chairs the Senate Finance Committee and voted in favor of Lighthizer 's nomination, also urged the incoming trade representative not to put at risk the gains NAFTA had brought.
"There are definitely opportunities to update and improve NAFTA," Hatch said. "But it is important that the administration follow the spirit of the Hippocratic oath: First do no harm."
http://fortune.com/2017/05/12/trump-trade-nafta-robert-lighthizer/
Posted specifically to these on Lighthizer into the bottom half in yours.
Trump’s Pick for Trade Representative Signals Focus on Curbing Imports
Robert Lighthizer is a veteran lawyer who spent three decades fighting for punitive tariffs on U.S. companies’ overseas rivals
http://www.wsj.com/articles/trumps-pick-for-trade-representative-signals-focus-on-curbing-imports-1483466041
Trump's Pick For U.S. Trade Representative Hints At Big Policy Overhaul
http://www.npr.org/sections/thetwo-way/2017/01/03/508041286/trumps-pick-for-u-s-trade-representative-hints-at-big-policy-overhaul
Begun, the trade wars have
Donald Trump has been very consistent about his preferred trade policies. His proposed trade representative is just the latest data point.
https://www.washingtonpost.com/posteverything/wp/2017/01/03/begun-the-trade-wars-have/?utm_term=.da7229b43bee
Trump Taps China Critic Lighthizer for U.S. Trade Representative
Lawyer served as deputy trade representative under Reagan
Has represented large U.S. corporations as Skadden partner
https://www.bloomberg.com/politics/articles/2017-01-03/trump-said-to-pick-lighthizer-for-u-s-trade-representative-ixgysdcc
Trump Picks Corporate Lobbyist Robert Lighthizer to Head U.S. Trade Representative’s Office
http://www.commondreams.org/newswire/2017/01/03/trump-picks-corporate-lobbyist-robert-lighthizer-head-us-trade-representatives
==
Trump decides not to withdraw from Nafta
US will instead start talks to bring trade deal with Mexico and Canada ‘up to date’
Donald Trump had railed against Nafta throughout last year’s presidential campaign © EPA
April 27, 2017
by: Shawn Donnan and Demetri Sevastopulo in Washington, Jonathan Wheatley in London and Jude Webber in Mexico City
[...]
The Trump administration has wanted to start negotiations over an update of Nafta for some time but has been held up by the fact that Mr Trump’s nomination of Robert Lighthizer for US trade representative is wending its way through Congress. To begin negotiations it needs to provide 90 days’ notice to Congress. A Senate-confirmed USTR also needs to consult with Congress.
[...]
Both Canada and Mexico have said they are ready to renegotiate Nafta, which went into force in 1994 and has contributed to the creation of vast and complex North American supply chains that would be difficult to unwind. Officials in Ottawa and Mexico City have also quietly been expressing frustration with the slow progress the Trump administration has been making in getting its trade team in place and navigating the necessary congressional process.
https://www.ft.com/content/6763a15c-2ad8-11e7-9ec8-168383da43b7
This is a repost to correct the original in which the first
excerpt above was repeated. The intended second now sits above.
==
Trump assures PM: No NAFTA withdrawal for now
THE CANADIAN PRESS
First posted: Wednesday, April 26, 2017 01:49 PM EDT | Updated: Wednesday, April 26, 2017 11:39 PM EDT
[...]
The clock is ticking, in part because of the Mexican election. The Mexican government says it can’t conclude a NAFTA deal after the first quarter of next year, with an election in 15 months and the populist left on the move there.
Trump’s point man on the negotiation, Commerce Secretary Wilbur Ross, has acknowledged that it gets harder if talks linger too much into next year. Which means the next few months might be the only window to renegotiate NAFTA — a key Trump campaign promise.
http://www.torontosun.com/2017/04/26/white-house-trump-considering-nafta-pullout
See also:
In blow to Trump, GE backs NAFTA and plans growth in Mexico
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131320534
"GOP's Health Care Plan" is an oncoming catastrophe
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131324227
"Left Caught Planning War With Russia To Stop Trump: 1/1/17 Full Show"
Reuters
May 12, 2017
The U.S. Senate on Thursday approved President Donald Trump's nominee for U.S. Trade Representative, a critical position ahead of renegotiations of the North American Free Trade Agreement with Canada and Mexico.
Delays in Senate confirmation of veteran trade lawyer Robert Lighthizer more than 100 days after his nomination have set back Trump's trade agenda, including the start of talks about revamping one of the world's biggest trading blocs.
Lighthizer won support from both Republicans and Democrats in the Republican-led Senate on Thursday, with an 82-14 vote to confirm his nomination.
The administration has had to wait for Lighthizer to be in place before triggering the formal process to begin renegotiating NAFTA.
It was not immediately clear when the White House would begin that process. To do so, the Trump administration must send a letter to Congress declaring its intention to launch negotiations in 90 days.
The Republican president has said the 23-year-old trade pact devastated U.S. workers and has vowed to tear it up if he fails to get a better deal.
Some Democrats, while critical of Trump's views on trade, said they were confident Lighthizer would work to help U.S. workers.
"He's a real pro," Senator Ron Wyden, a Democrat from Oregon, said before voting in favor.
Lighthizer 's approval came despite the objections of two Republican senators, John McCain of Arizona and Ben Sasse of Nebraska, who said they were worried he did not appreciate NAFTA's benefits.
Canadian Foreign Minister Chrystia Freeland, in charge of trade ties with the United States, said she did not expect the administration would move immediately on NAFTA.
"I imagine that Ambassador Lighthizer may need to spend a bit of time in consultations prior to formally triggering that 90-day period," she said on a conference call on Thursday night.
While the U.S. trade deficit with Mexico has ballooned since NAFTA was enacted in 1994, U.S. farmers have profited from exports to America's southern neighbor, while automakers have cut costs by building cross-border supply chains that benefit from lower Mexican wages.
Orrin Hatch, a Utah Republican who chairs the Senate Finance Committee and voted in favor of Lighthizer 's nomination, also urged the incoming trade representative not to put at risk the gains NAFTA had brought.
"There are definitely opportunities to update and improve NAFTA," Hatch said. "But it is important that the administration follow the spirit of the Hippocratic oath: First do no harm."
http://fortune.com/2017/05/12/trump-trade-nafta-robert-lighthizer/
Posted specifically to these on Lighthizer into the bottom half in yours.
Trump’s Pick for Trade Representative Signals Focus on Curbing Imports
Robert Lighthizer is a veteran lawyer who spent three decades fighting for punitive tariffs on U.S. companies’ overseas rivals
http://www.wsj.com/articles/trumps-pick-for-trade-representative-signals-focus-on-curbing-imports-1483466041
Trump's Pick For U.S. Trade Representative Hints At Big Policy Overhaul
http://www.npr.org/sections/thetwo-way/2017/01/03/508041286/trumps-pick-for-u-s-trade-representative-hints-at-big-policy-overhaul
Begun, the trade wars have
Donald Trump has been very consistent about his preferred trade policies. His proposed trade representative is just the latest data point.
https://www.washingtonpost.com/posteverything/wp/2017/01/03/begun-the-trade-wars-have/?utm_term=.da7229b43bee
Trump Taps China Critic Lighthizer for U.S. Trade Representative
Lawyer served as deputy trade representative under Reagan
Has represented large U.S. corporations as Skadden partner
https://www.bloomberg.com/politics/articles/2017-01-03/trump-said-to-pick-lighthizer-for-u-s-trade-representative-ixgysdcc
Trump Picks Corporate Lobbyist Robert Lighthizer to Head U.S. Trade Representative’s Office
http://www.commondreams.org/newswire/2017/01/03/trump-picks-corporate-lobbyist-robert-lighthizer-head-us-trade-representatives
==
Trump decides not to withdraw from Nafta
US will instead start talks to bring trade deal with Mexico and Canada ‘up to date’
Donald Trump had railed against Nafta throughout last year’s presidential campaign © EPA
April 27, 2017
by: Shawn Donnan and Demetri Sevastopulo in Washington, Jonathan Wheatley in London and Jude Webber in Mexico City
[...]
The Trump administration has wanted to start negotiations over an update of Nafta for some time but has been held up by the fact that Mr Trump’s nomination of Robert Lighthizer for US trade representative is wending its way through Congress. To begin negotiations it needs to provide 90 days’ notice to Congress. A Senate-confirmed USTR also needs to consult with Congress.
[...]
Both Canada and Mexico have said they are ready to renegotiate Nafta, which went into force in 1994 and has contributed to the creation of vast and complex North American supply chains that would be difficult to unwind. Officials in Ottawa and Mexico City have also quietly been expressing frustration with the slow progress the Trump administration has been making in getting its trade team in place and navigating the necessary congressional process.
https://www.ft.com/content/6763a15c-2ad8-11e7-9ec8-168383da43b7
This is a repost to correct the original in which the first
excerpt above was repeated. The intended second now sits above.
==
Trump assures PM: No NAFTA withdrawal for now
THE CANADIAN PRESS
First posted: Wednesday, April 26, 2017 01:49 PM EDT | Updated: Wednesday, April 26, 2017 11:39 PM EDT
[...]
The clock is ticking, in part because of the Mexican election. The Mexican government says it can’t conclude a NAFTA deal after the first quarter of next year, with an election in 15 months and the populist left on the move there.
Trump’s point man on the negotiation, Commerce Secretary Wilbur Ross, has acknowledged that it gets harder if talks linger too much into next year. Which means the next few months might be the only window to renegotiate NAFTA — a key Trump campaign promise.
http://www.torontosun.com/2017/04/26/white-house-trump-considering-nafta-pullout
See also:
In blow to Trump, GE backs NAFTA and plans growth in Mexico
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131320534
"GOP's Health Care Plan" is an oncoming catastrophe
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131324227
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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