Energy News  
TRADE WARS
A 'catastrophe' if US Congress fails to ratify USMCA: trade rep
by Staff Writers
Washington (AFP) Feb 27, 2019

Washington's chief trade envoy on Wednesday urged US lawmakers to adopt the trade agreement negotiated last year with Canada and Mexico.

In congressional testimony, US Trade Representative Robert Lighthizer said American credibility was at stake in efforts to get lawmakers to ratify the US-Mexico-Canada agreement.

Signed in November, the tri-nation agreement would replace and modernize the former North American Free Trade Agreement.

It changes rules of origin for the auto sector, requires higher wages for some auto manufacturers and expands US access to the Canadian dairy market, among other shifts.

"If USMCA doesn't pass, I've said this before, it would be a catastrophe across the country," Lighthizer said during testimony before the House Committee on Ways and Means, which produces tax legislation.

Amid the White House's fractious relations with lawmakers and the approach of next year's elections, USMCA's passage through Congress is uncertain, worrying industry representatives in recent months.

Lawmakers in Mexico and Canada likewise must ratify the new deal for it to take effect.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
American businesses in China see gloomy year ahead
Beijing (AFP) Feb 26, 2019
US companies in China forecast a gloomy year ahead, with many worrying about a deterioration in bilateral trade ties and nearly a quarter delaying investments, a business survey showed Tuesday. The survey of 314 US businesses by the American Chamber of Commerce in China provided a full accounting of challenges American business face after Beijing and Washington exchanged tit-for-tat tariffs on more than $300 billion in two-way trade. The report was released two days after US President Donald Tru ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
S.Africa imposes severe power cuts ahead of election

To conserve energy, AI clears up cloudy forecasts

Keeping the lights on during extreme cold snaps takes investments and upgrades

US charges Chinese national for stealing energy company secrets

TRADE WARS
'Goldilocks' thinking to cut cost of fuel cells in electric vehicles

Expanding the use of silicon in batteries, by preventing electrodes from expanding

New study reveals when a superconductor truly becomes super

More flexible nanomaterials can make fuel cell cars cheaper

TRADE WARS
Sulzer Schmid's new technology platform slashes cost of drone-based rotor blade inspections

Major companies, cities buying into Texas' green energy boom

EON achieves successful commercial operation and tax equity financing for Stella wind farm

Lidar lights up wind opportunities for Tilt in Australia

TRADE WARS
Trina Solar selected for first project with low carbon bifacial dual-glass modules in France

NYU Tandon team charts path to sustainable, solar-driven chemical manufacturing

Researchers develop flags that generate energy from wind and sun

High-speed surveillance in solar cells catches recombination red-handed

TRADE WARS
EU clears RWE takeover of EON electricity generation assets

Framatome signs first fuel contract with the Palo Verde Generating Station

Framatome wins major contract to perform maintenance technique at Wolf Creek NPP

Glowing results for nuclear power at France's EDF

TRADE WARS
How power-to-gas technology can be green and profitable

US set to see large increase in alternative-fuel methanol capacity

Lockheed Martin is reprogramming cells to bioproduce new materials

Using E. coli to create bioproducts, like biodiesel, in a cost-effective manner

TRADE WARS
Colombia says 326 Venezuelan army deserters since Saturday

Abu Dhabi signs $4 billion long term pipeline lease with Blackrock, KKR

US fuel prices see biggest weekly gain so far this year

Military desertion of Maduro slow but hopes high

TRADE WARS
Earth may be 140 years away from reaching carbon levels not seen in 56 million years

Climate activist Thunberg urges EU to double carbon reduction targets

Climate change: Winters of future will be colder -- and also warmer

These climate activists want you to give up hope









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.