Trade Agenda Hits Impasse

By Webmaster on June 28, 2011 3:16 PM
While White House and Congressional negotiators have reportedly made some progress toward a bipartisan compromise on the lapsed Trade Adjustment Assistance (TAA) program -- described by the White House as essential to moving the pending FTAs with Korea, Colombia, and Panama -- a deal continues to be elusive. Disagreements continue over the appropriate legislative vehicle to move TAA and the lapsed trade preference programs (ATPA and GSP). House Ways and Means Trade Subcommittee Chairman Kevin Brady (R-TX) had indicated that informal "mock mark ups" on the trade agreements could happen during the week of June 20, but they were never scheduled as discussions with the Administration continue. The House is in recess the week of June 27 and the Senate is in recess the week of July 4. The Chamber, which serves as the secretariat of the Latin America Trade Coalition and the U.S.-Korea FTA Business Coalition, continues to push lawmakers for prompt action on the entire trade agenda including the FTAs, TAA, ATPA and GSP.

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