Most Recent Posts

Next week, President Obama is going to Asia, where he'll talk up a proposed deal to increase U.S. trade with that region.

If he succeeds, he could open up huge new markets for U.S. farmers and manufactures, strengthen U.S. influence in Asia and set a path to greater prosperity.

At least, that's what the White House says.

Critics say that cheery outlook is all wrong. They believe the Trans-Pacific Partnership would lead to environmental harm, more expensive prescription drugs and a less open Internet. Worst of all, the deal would have a "devastating impact" on U.S. jobs, Rep. Rosa DeLauro, D-Conn., says.

Everyone agrees on this: The TPP would be a big deal.

Such a trade pact would pull together the United States, Japan, Australia and nine other countries whose collective gross domestic product accounts for 40 percent of all the goods and services produced in the world. The deal would influence geopolitics, the economy and the future of global trade.

The Government Shutdown

Obama's Absence At Asia Summit Seen Hurting U.S. Trade

Next week, President Obama is going to Asia, where he'll talk up a proposed deal to increase U.S. trade with that region.

If he succeeds, he could open up huge new markets for U.S. farmers and manufactures, strengthen U.S. influence in Asia and set a path to greater prosperity.

At least, that's what the White House says.

Critics say that cheery outlook is all wrong. They believe the Trans-Pacific Partnership would lead to environmental harm, more expensive prescription drugs and a less open Internet. Worst of all, the deal would have a "devastating impact" on U.S. jobs, Rep. Rosa DeLauro, D-Conn., says.

Everyone agrees on this: The TPP would be a big deal.

Such a trade pact would pull together the United States, Japan, Australia and nine other countries whose collective gross domestic product accounts for 40 percent of all the goods and services produced in the world. The deal would influence geopolitics, the economy and the future of global trade.

The Government Shutdown

Obama's Absence At Asia Summit Seen Hurting U.S. Trade

Next week, President Obama is going to Asia, where he'll talk up a proposed deal to increase U.S. trade with that region.

If he succeeds, he could open up huge new markets for U.S. farmers and manufactures, strengthen U.S. influence in Asia and set a path to greater prosperity.

At least, that's what the White House says.

Critics say that cheery outlook is all wrong. They believe the Trans-Pacific Partnership would lead to environmental harm, more expensive prescription drugs and a less open Internet. Worst of all, the deal would have a "devastating impact" on U.S. jobs, Rep. Rosa DeLauro, D-Conn., says.

Everyone agrees on this: The TPP would be a big deal.

Such a trade pact would pull together the United States, Japan, Australia and nine other countries whose collective gross domestic product accounts for 40 percent of all the goods and services produced in the world. The deal would influence geopolitics, the economy and the future of global trade.

The Government Shutdown

Obama's Absence At Asia Summit Seen Hurting U.S. Trade

As darkness fell Friday in the Yellow Sea off South Korea's southern coast, there was still no good news to report about efforts to determine if any of the nearly 270 people missing since a passenger ferry capsized Wednesday might still be alive inside the sunken ship.

The overturned ship's keel, which had been floating just above the surface of the water, disappeared below the waves at day's end. Officials were trying to determine how best to deploy cranes, which are now at the scene, in an effort to raise the ferry. Families and rescuers are holding out hope that some of the missing might have found shelter in air pockets aboard the ferry.