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Baucus to Discuss EU FTA During Trip to Europe
October 9, 2012 by Tim Warren|Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) will push for new export opportunities for U.S. businesses and discuss a potential U.S.-EU free trade agreement (FTA), his office said in a press release. Baucus is in Europe for a series of high-level meetings with leaders regarding the eurozone’s ongoing fiscal crisis and its potential impact on the United States and the entire global economy, it said.

NFTC Gives Congress Largely Positive Grades on Trade Legislation
October 9, 2012 by Tim Warren|Congress

The National Foreign Trade Council (NFTC) and USA*Engage gave Congress overall positive scores in a new interim report card on trade issues. Some 64 percent of Senators and 43 percent of Representatives received an A or B for "enacting trade legislation critical to U.S. economic growth and job creation," they said. Most legislative movement had to do with pending free trade agreements or reauthorization of existing programs, rather than new major trade initiatives, according to their report. A final report will be released at the end this Congress.

Topics:Permanent normal trade relations (PNTR)
House Committee Urges Government, Businesses to Not Buy From Chinese Telecom Vendors
October 9, 2012 by Mike Feazel|Congress

A House Intelligence Committee report on Chinese telecom equipment makers Huawei and ZTE "strongly" recommended that U.S. companies consider seeking other vendors, saying there were long-term security risks associated with doing business with the companies. Committee leaders said in the report, released Oct. 8, that Huawei and ZTE failed to provide sufficient information over the course of the committee's yearlong investigation to assuage concerns that the Chinese government could influence the companies to use their equipment to spy or launch cyber attacks on U.S. entities.

Rep. Michaud Requests Info on Canadian Paper Financial Aid
September 27, 2012 by Tim Warren|Congress

U.S. Trade Representative Ron Kirk should review the details of the financial package offered by the provincial government of Nova Scotia to a paper mill in Port Hawkesbury for possible trade agreement violations, said Rep. Mike Michaud (D-Maine) in a Sept. 26 letter to the USTR. Michaud asked Kirk to obtain complete information about the province’s rescue package and to determine whether it is consistent with Canada’s NAFTA and WTO commitments.

Ways and Means Chair Requests ITC Investigation on Olive Oil
September 26, 2012 by Tim Warren|Congress

The International Trade Commission (ITC) should begin an investigation on the major suppliers of olive oil to provide the House Ways and Means Committee current information on the olive oil industry, said Committee Chairman Rep. Dave Camp (R-Mich.) in a Sept. 12 letter to the ITC. "A significant problem is the lack of information about the commercial olive oil industry of certain major supplier countries to the U.S. market," the letter said. "Special effort should be made to collect data about the major supplier countries of olive oil that have little published historical data."

Spending Bill to Fund CBP for Six Months Headed to President
September 25, 2012 by Tim Warren|Congress

The Senate gave its approve to a Continuing Resolution, a temporary funding measure, to prevent a government shutdown and fund federal programs until March 27, 2013 (H.J.Res 117). Among other things, the bill would pay for "operations necessary to maintain the staffing levels (including by backfilling vacant positions) of Border Patrol agents, Customs and Border Protection officers, and Air and Marine interdiction agents in effect at the end of the fourth quarter of fiscal year 2012." The resolution still needs approval from President Barack Obama.