Japanese Prime Minister Shinzo Abe addressed the U.S. Congress on April 29, 2015, in a speech titled "Toward an Alliance of Hope." He discussed U.S.-Japan relations after World War II, the U.S. rebalance to Asia, and trade initiatives like the Trans Pacific Partnership.
On April 23, 2015, Secretary of State John Kerry delivered remarks at the Atlantic Council's Conference on Trade and National Security. He discussed the Trade Priorities and Accountability Act of 2015 (TPA-2015) and why he supports the Trans Pacific Partnership and the Transatlantic Trade and Investment Partnership.
Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Chairman Paul Ryan (R-Wis.) introduced this legislation on April 16, 2015. The legislation allows the White House to continue pursuing trade deals such as the Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP) and allows Congress to vote on the treaties.
As supporters of the Trans-Pacific Partnership try to round up backers, they increasingly emphasise the geopolitical case for concluding a deal. But too often they overstate the case—and, in doing so, generate real geopolitical risks of their own, while also jeopardising the agreement they seek.
The United States is currently pursuing two of the largest trade deals in history, one with Asia and the other with the European Union, but concerns persist over the effects of trade on employment, inequality, national sovereignty, and safety standards.
"The Trans-Pacific Partnership would help most Americans economically and serve the country's strategic aims, and deserves the support of Congress," write CFR President Richard N. Haass and former deputy Treasury secretary Roger C. Altman.
Chinese President Xi Jinping announced this initiative in 2013, which aims to connect countries along the original Silk Road and other maritime nations. The Asian Infrastructure Investment Bank will lend to countries working on these infrastructure and trade projects. On March 28, 2015, the China's Foreign Ministry released the first edition of the initiative's joint vision and actions.
On January 26, 2015 at the U.S.-India Business Council Summit, President Obama lays out new U.S. initiatives to increase investment and trade in India, related to removing barriers to investment, technology transfer, and inclusive growth.
The U.S.-Mexico High Level Economic Dialogue was created by U.S. President Barack Obama and Mexican President Enrique Peña Nieto in May 2013 and the first cabinet-level meeting was convened September 2013 in Mexico City. Vice President Biden hosted the January 6, 2015 meeting in Washington. Participating U.S. agencies include Departments of State and Commerce, and the Office of the U.S. Trade Representative. In 2015, strategic goals are focused on energy; modern borders; work force development; regulatory cooperation; partnering in regional and global leadership; and stakeholder engagement.
On November 10, 2014, trade ministers updated the leaders of countries participating in Trans-Pacific Partnership (TPP) negotiations. Major issues include building trade in a digital economy, encouraging technological advances and providing access to medicine, and ensuring environmental protection and labor rights.
Shannon K. O'Neil, CFR's senior fellow for Latin America studies, discusses the North American Free Trade Agreement at twenty and policy recommendations for the region, as part of CFR's Academic Conference Call series.
United States Trade Representative Michael Froman and EU trade ministers met in Rome on October 14, 2014 to discuss the Transatlantic Trade and Investment Partnership (T-TIP). Ambassar Froman addressed criticisms about the agreement regarding regulations and transparency.
Dr. Jendayi Frazer explores four areas prominently featured during the U.S.-Africa Leaders Summit, which took place in Washington, DC in August 2014. She discusses how the Obama administration can help solidify the initial steps taken at the Summit for long-term U.S. involvement with the African continent.
This CFR-sponsored Independent Task Force report, North America: Time for a New Focus, asserts that elevating and prioritizing the U.S.-Canada-Mexico relationship offers the best opportunity for strengthening the United States and its place in the world.
U.S. Trade Representative Ambassador Michael Froman spoke on September 18, 2014, at the U.S. Chamber of Commerce and Center for Strategic and International Studies Symposium. He discussed the Trans-Pacific Partnership (TPP) as a major component of the Obama administration's trade platform and of the rebalance to Asia.