Arab Today, arab today us house approves trade deals senate next
Last Updated : GMT 15:19:10
Arab Today, arab today
Arab Today, arab today

US House approves trade deals, Senate next

Arab Today, arab today

Arab Today, arab today US House approves trade deals, Senate next

Washington - AFP

The US House of Representatives on Wednesday approved long-stalled free trade deals with Colombia, Panama, and South Korea trumpeted by President Barack Obama as engines of growth and job-creation. By lopsided 262-167, 300-129, and 278-151 margins, respectively, lawmakers backed the agreements and sent them to the Senate, which was on track to pass them swiftly despite opposition from the White House\'s labor union allies. Obama has made passing the accords -- negotiated and signed some five years ago under his predecessor, George W. Bush -- a core part of his strategy to battle 9.1 percent unemployment ahead of November 2012 elections. \"These agreements will support tens of thousands of jobs across the country for workers making products stamped with three proud words: Made in America,\" Obama said in a statement as he sent the accords to Congress last week.  The Obama administration said the deals are expected to boost US exports by $13 billion and benefit US agriculture and manufacturing, and will bolster diplomatic ties to all three countries. It has also warned that the United States has seen its exports lose market share relative to global competitors like the European Union or China as those economies have secured new trade deals. The pacts\' Republican and Democratic backers were keen to pass them on the eve of South Korean President Lee Myung-Bak\'s visit to Washington, including a rare speech to a joint session of the US Congress on Thursday. Lee and President Barack Obama were to travel to Michigan on Friday to tour a General Motors plant -- one source, Washington hopes, of future car sales to South Korea thanks to the agreement. \"These significant trade pacts will provide new opportunities for American small businesses, farmers, and manufacturers to expand and hire more workers,\" said Republican House Speaker John Boehner. But many Democrats, notably from the hard-hit heartland, have expressed worries about possible US jobs losses. \"Now is not the time to pass more wrongheaded free trade agreements,\" said Democratic Senator Sherrod Brown, who represents the rustbelt state of Ohio. \"We must put American jobs and American workers first.\" And major US labor unions -- whose sweeping get-out-the-vote drives have been critical to Democratic politicians -- opposed the accords on grounds they will only hasten the bloodletting in the country\'s wounded manufacturing sector. Richard Trumka, president of the AFL-CIO union that represents an estimated 12 million US workers, described the pacts as \"lousy\" in an October 4 speech and his union has waged a television advertising campaign to defeat them. The ads point to a study by the Economic Policy Institute think tank in Washington that found the South Korea deal would cost some 159,000 US jobs. They also revive concerns about violence against labor activists in Colombia, where 51 were killed last year and 22 have been slain in 2011, and charge that Panama is a haven for money laundering and tax cheats. Colombia labor union members said last week that their country\'s labor conditions and union rights situation had not improved enough and vowed to work with the US AFL-CIO labor union to try to defeat that agreement. The White House said late Tuesday that Bogota had approved an \"action plan\" to improve labor rights and vowed to ensure it has been \"successfully implemented\" before Washington fully brings that accord into force. But many Democrats -- perhaps most -- were expected to oppose the Colombia deal. \"I lost my faith in the legislation\" when efforts to include the labor rights provision in the actual agreement failed, said Democratic House Minority Leader Nancy Pelosi. \"If it\'s not in the bill, it doesn\'t exist.\" Obama revised the deals and insisted on passage of the Trade Adjustment Assistance program (TAA) designed to help workers who lose jobs to overseas competition as preconditions for moving forward on the the trade agreements. The Senate has already passed TAA, while the House was expected to take up the measure -- which many Republicans oppose -- on Wednesday. The South Korea deal awaits approval of the parliament in Seoul, where opposition has likewise focused on ostensible threats to Korean jobs and businesses.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us house approves trade deals senate next Arab Today, arab today us house approves trade deals senate next

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 06:01 2017 Sunday ,26 February

BRIC funds see inflows amid emerging equity boom

GMT 05:43 2017 Sunday ,26 February

Al-Gergawi quits Dubai Holding to focus on govt role

GMT 05:14 2017 Sunday ,26 February

Oil prices to average $50-$70 through 2022

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday