January 21, 2020

Trade- Ag Economy; Rural Development; Regulations; and, Immigration

Trade- Agricultural Economy

Doug Palmer reported yesterday at Politico that, “President Barack Obama’s abilities as negotiator-in-chief for the United States will be put to the test this week on a trip to Asia that could set the stage for the conclusion of a huge new free-trade agreement. But the deal faces even more hurdles at home because of opposition from fellow Democrats.

“The trip comes at a critical time for talks on the proposed Trans-Pacific Partnership, a regional free-trade deal that companies hope will boost exports by billions of dollars but labor groups and other opponents fear will move jobs overseas and weaken consumer protections.

“The TPP pact is a key part of the White House’s economic ‘rebalance’ toward Asia. A main goal of the trip is to show that Obama remains committed to that vision, despite his decision last October to cancel a visit to the region because of the U.S. government shutdown.”