Inside U.S. Trade: TPP End Game Part II; TTIP Conference; Ex-Im Hopes; WTO Meetings

September 29, 2015


This week all eyes are on the city of Atlanta to see whether Trans-Pacific Partnership (TPP) countries can reach a deal, after taking a leap of faith to convene a ministerial even after failing to bridge differences on the crucial issue of automobile rules of origin.

[ September 28, 2015 | Inside U.S. Trade ]

TPP negotiators started a round of talks led by chiefs on Saturday (Sept. 26), although some of the officials working on the legal scrub appeared to have arrived even earlier. The ministerial starts this Wednesday (Sept. 30) and is slated to conclude Thursday, but could get pushed into Friday if ministers decide it's necessary.

Japan's chief negotiator over the weekend left no question that Tokyo wants this to be the final round of talks, even while U.S. Trade Representative Michael Froman in a closed-door briefing with House Ways & Means Committee staff stuck to his time-honored vow that the substance will drive the timetable.

Meanwhile, New Zealand Trade Minister Tim Groser's office has said he may not even attend the round if he does not judge that enough progress has been made on the issue of dairy market access.

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  • China is playing by a different set of rules that go completely against the spirit of free trade. First they want to own-buy the competing industry completely, not to buy any of the foreign product. Then they will greatly overproduce any product to drive down price and any competition out of the market. If this doesn’t work they will steal any and all patents and trade marks to reengineer or copy product. If that doesn’t work they will devalue their currency to stop any encroaching competition from innovation or technology. This is the predatory capitalism from a communist government that we should not be supporting as there are no real human rights in China still today. Perhaps we could make some in roads into many of these serious matters if the American people would wake up and realize that we desperately need a balanced trade agenda with the variable rate tariff. Hope its not too late so we don’t get sold out again by our negotiators.