International Trade and Investment
Putting off TPA vote to July 30 may be the best option if it gives time for viable compromise.
FMI’s analyses of today’s April International Trade report and May Non-Manufacturing Index survey as well as a review of May Vehicle Sales.
FMI's quick analysis on the economic condition around the world.
Senate Republicans and Democrats reached a deal this afternoon to get a vote to begin debate on Trade Promotion Authority (TPA), following yesterday’s failure.
Trade Promotion Authority (TPA) has been delayed by today’s vote in the Senate against immediate opening of floor debate, but it definitely does not mean that TPA is dead. Rather, the vote is part of the negotiations between the Democrats and Republicans on how many other matters will be bundled together with TPA.