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Congress

(Daily News)
July 26, 2006

To secure votes for the U.S.-Oman free trade agreement last week, House GOP leaders promised a group of Republican members from textile states they would move legislation this week that would implement certain rules of origin changes for apparel imported under the Central American Free Trade Agreement (CAFTA).


(Daily News)
July 25, 2006

Three House committees have reached a compromise on legislation reforming the Committee on Foreign Investment in the U.S. (CFIUS), which Senate aides and business sources said would allow the House to move forward with a vote tomorrow (July 26). These sources said the CFIUS bill would be considered under a rule that would not allow it to be amended.


(Daily News)
July 17, 2006

The House of Representatives will vote on legislation implementing the Oman Free Trade Agreement on Thursday (July 20), an aide to House Majority Whip Roy Blunt (R-MO) said today (July 17).


(Daily News)
July 11, 2006

Oman’s government issued a royal decree on July 7 that a U.S. trade official described as significantly reforming that country’s labor laws, which have been criticized as too weak by House Democrats in advance of a floor vote on the U.S.-Oman FTA that is expected this month. The U.S. trade official said the royal decree shows Oman is serious about protecting labor rights and predicted the FTA would be approved by a “strong vote” in the House.


(Daily News)
June 26, 2006

The Senate Finance Committee is expected to consider the final version of the bill implementing the Oman Free Trade Agreement Wednesday (June 28), provided the Bush Administration is sending it to Congress as expected today (June 26).


(Daily News)
June 23, 2006

House Majority Whip Roy Blunt (R-MO) today (June 23) said the House is likely to vote on legislation implementing the U.S.-Oman free trade agreement in July. But he said GOP leaders have yet to decide on the order for considering trade legislation with Peru and Vietnam.


(Daily News)
June 13, 2006

House Majority Leader John Boehner (R-OH) today (June 13) predicted that House action on pending trade agreements is more likely in a lame duck session after the November election than before.


(Daily News)
June 05, 2006

Sen. Charles Schumer (D-NY) signaled early this week that he is in no rush to lift a hold on Susan Schwab, President Bush's nominee for the position of U.S. Trade Representative, and Senate GOP leaders as a result are considering their options on how to move forward with her Senate confirmation.


(Daily News)
May 16, 2006

European Union member states ministers yesterday (May 15) approved a regulation that will suspend until May 29 sanctions on U.S. exports in a long-standing dispute over remaining tax breaks extended according to the foreign sales corporation law and the Extraterritorial Income Act, according to European Union sources.


(Daily News)
May 10, 2006

The European Commission will move to stave off sanctions on U.S. exports due to go into effect on May 16 once the House and Senate have approved a tax bill that will repeal certain tax benefits which the World Trade Organization has ruled to be prohibited export subsidies. Both the House and Senate are hoping to approve the tax bill this week, with the House scheduled for a vote today (May 10).


(Daily News)
May 08, 2006

The Senate Finance Committee is expected to hold a hearing next week on President Bush’s nomination of Susan Schwab to succeed U.S. Trade Representative Rob Portman, but a Senate aide said it is unclear whether this would allow the full Senate to confirm Schwab before the Memorial Day recess, which begins on May 26.


(Daily News)
April 03, 2006

House Ways and Means Committee Chairman Bill Thomas (R-CA) said today that Peru needs to lift its sanitary and phytosanitary barriers to exports of U.S. beef and poultry as it has committed to do in a side letter to a free trade agreement with the United States before the deal can be signed.


(Daily News)
April 03, 2006

House Ways and Means Committee Chairman Bill Thomas (R-CA) today (April 3) called on the Bush Administration to acknowledge that the ongoing Doha round of trade negotiations is completely stalled over European intransigence, and refocus its energies on completing negotiations for free trade agreements already launched before fast-track negotiating authority expires in July 2007.


(Daily News)
January 25, 2006

Senate Finance Committee Ranking Member Max Baucus (D-MT) today said the Bush Administration has informed him that it will launch negotiations for a bilateral free trade agreement with Korea. He said he expected the Bush Administration to make an announcement “soon,” possibly around the time of the State of the Union scheduled for Jan. 31.


(Daily News)
December 30, 2005

The Office of the U.S. Trade Representative will likely announce today (Dec. 30) that it is unable to meet its target date of Jan. 1, 2006 for implementing a free trade agreement with any of the six Central American countries that signed it, according to a USTR spokesman.


(Daily News)
December 21, 2005

The Senate today (Dec. 21) approved the conference report to the budget reconciliation bill, which contained language that effectively repeals the so-called Byrd law after Oct. 1, 2007. The bill, S. 1932, was approved in a 51-50 vote, with Vice President Dick Cheney casting the deciding vote.


(Daily News)
December 20, 2005

The Senate is expected to hold a vote tomorrow (Dec. 21) on the Budget Reconciliation Act, S. 1932, which contains language that would repeal the Continued Dumping and Subsidy Offset Act (CDSOA) but would also allow U.S. companies to continue receiving collected antidumping and countervailing duties on goods subject to trade remedy orders that enter the U.S. before Oct. 1, 2007.


(Daily News)
December 19, 2005

House and Senate conferees to the Budget Reconciliation Act, S. 1932, agreed over the weekend to language that would repeal the Continued Dumping and Subsidy Offset Act, or Byrd Law, but would also continue to allow CDSOA payments on all goods that enter the U.S. through October 1, 2007.


(Daily News)
December 14, 2005

The Senate is expected on Dec. 15 to easily pass a motion to instruct senators not to support language in the House version of the Budget Reconciliation Act, S. 1932, that would repeal the Continued Dumping and Subsidy Offset Act (CDSOA), also known as the Byrd law.


(Daily News)
August 05, 2005

Senate Finance Committee Chairman Charles Grassley (R-IA) this week said that the production of ethanol from sugar may be possible in “a few years” when there is not enough corn to use as an ethanol feed stock to the point of driving up the price of corn as animal feed. At that point, other products, including sugar, may be used for ethanol production, he said in an Aug. 2 press conference with Iowa farm broadcasters.


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