Articles Tagged with ''Richard Neal''

Bipartisan agreement on the need for the U.S. and Taiwan to strengthen ties through a trade pact was on display Wednesday at a House Ways and Means Committee hearing, although Republican lawmakers were mostly critical of the Biden administration’s decision not to negotiate a traditional free trade agreement that requires approval from Congress.

The House of Representatives Friday narrowly approved the America COMPETES Act, pushing the legislation that is supposed to make the U.S. more competitive with China closer to enactment. While similar to the Senate version passed last summer, the House bill – passed with a 222-210 vote – includes significant differences such as the inclusion of the Ocean Shipping Reform Act as well as reauthorizes and alters the Trade Adjustment Assistance and Generalized System of Preferences programs.

The White House released a $1.75 trillion spending agreement with congressional Democrats, as House Speaker Nancy Pelosi pushed colleagues to vote Thursday for a separate infrastructure bill.

The Agriculture Department this morning is releasing the strategy it will follow in re-shaping programs and policies to help more farmers shift into “climate-smart” practices and to make money from doing so.

President-elect Joe Biden has tapped a China expert to be his U.S. Trade Representative, reflecting the most pressing trade issue his administration will face on day one – the ongoing trade war with the Asian economic powerhouse.

The split between lawmakers and farmers over President Donald Trump’s trade war with China and the results of a “phase one” deal was highlighted Wednesday at a hearing on Capitol Hill.

President Donald Trump on Wednesday signed the implementing language for the U.S.-Mexico-Canada Agreement into law, leaving Canadian ratification as the last hurdle for the pact that would preserve the strong trade ties between the three North American countries.

The House overwhelmingly approved the U.S.-Mexico-Canada Agreement on a 385-41 vote Thursday, sending the new North American trade pact to the Senate, where it should pass easily early next year.

The new U.S.-Mexico-Canada trade agreement easily clears the House Ways and Means Committee, teeing up a vote of the full House on Thursday.

The U.S. agriculture sector — from pork producers to vegetable farmers — is relishing House Speaker Nancy Pelosi’s agreement to a deal on the U.S.-Mexico-Canada Agreement, but farm groups won’t be satisfied until the House and Senate ratify the trade pact.