Trade & Manufacturing - July 2015

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In This Issue:

- Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days

- Congress Allows Export-Import Bank Charter to Expire, for Now

- WTO Finds That COOL Is Simply Not Cool, and House of Representative Agrees

- Cuba No Longer a State Sponsor of Terrorism, but Future of Trade Relations Still To Be Determined

- U.S. Senators Introduce Bill To Create Nationwide "Made In USA" Labeling Standard

- News Of Note

- Excerpt from Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days:

As we reported last month, quick-strike action by the Senate on May 22 to pass Trade Promotion Authority (TPA) included within the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (the Trade Act of 2015) gave way to an old-fashioned brawl in the House of Representatives that cast serious doubt on this central objective of President Obama's second-term trade agenda. President Obama had urged quick passage to "give our workers and businesses even more wind at their backs to do what they do best: imagine, invent, build, and sell goods Made in America to the rest of the world." Thirty-four days later, three trade measures including TPA had been passed by both chambers. The President signed most of the provisions into law on June 29, including TPA, with the remainder expected to be enacted later in the summer. This article provides a high-level summary of the comprehensive package of trade measures that will affect U.S. manufacturers for years to come.

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