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By David LawderSAN FRANCISCO (Reuters) - The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say. Deputy U.S. Trade Representative Sarah Bianchi told Reuters that IPEF partners will "recalibrate" the trade talks in 2024. But it gets harder from here, said Wendy Cutler, the former chief USTR negotiator on the Trans-Pacific Partnership trade deal with many of the same countries. "Until they do that, the trade pillar will be a tough nut to crack." The Biden administration launched negotiations in September 2022, leaving an impossibly tight deadline ahead of the APEC summit, according to some trade experts.
Persons: David Lawder, Biden, Sarah Bianchi, Wendy Cutler, TPP, Donald Trump's, Cutler, They're, Sherrod Brown, Jake Colvin, Colvin, Lori Wallach, Xi Jinping, Don Durfee, Josie Kao Organizations: FRANCISCO, Reuters, Economic, Economic Cooperation, U.S . Trade, Pacific Partnership, Asia Society Policy Center, APEC, Democratic, National Foreign Trade Council, Trans, Pacific Locations: Asia, Vietnam, Indonesia, Donald Trump's U.S, San Francisco, China
President Joe Biden's Democrats, who control both chambers of Congress, are expected to avoid an embarrassing partial government shutdown just six weeks before the Nov. 8 midterm elections, when control of Congress will be at stake. The bill, which would extend overall government funding through Dec. 16, was facing resistance because of an energy permitting reform measure. The spending provisions include $12.3 billion in new money to help Ukraine turn back Russia's invasion, House of Representatives Appropriations Committee Chairwoman Rosa DeLauro said in a statement. In addition, it authorizes Biden to direct the drawdown of up to $3.7 billion for the transfer to Ukraine of excess weapons from U.S. stocks. The last time Congress allowed funding to lapse was in December 2018, when Democrats balked at paying for then-President Donald Trump's U.S.-Mexico border wall, leading to a record, 35-day impasse and partial government shutdown.
A Tuesday evening Senate procedural vote is designed to speed action once Democrats and Republicans put the finishing touches on legislation. Senate Minority Leader Mitch McConnell urged his fellow Republicans to vote against the temporary funding bill because of the Manchin provision, Politico reported. And I would hope my friends would look at it that way," Manchin said in an interview with CNN, referring to the inclusion of his permitting reforms in the temporary funding bill. The last time Congress allowed funding to lapse was in December 2018, when Democrats balked at paying for then-President Donald Trump's U.S.-Mexico border wall. Following a record, 35-day impasse and partial government shutdown, Trump found ways to circumvent Congress to some degree, but the wall never was completed.
The bill would set $12.3 billion in new funding to help Ukraine turn back Russia's invasion, House Appropriations Committee Chairwoman Rosa DeLaura said in a statement. Senate Minority Leader Mitch McConnell urged his fellow Republicans to vote against the temporary funding bill because of the Manchin provision, Politico reported. SPENDING BILL STILL EXPECTED TO PASSEven if Tuesday's procedural vote fails, House and Senate leaders are expected to switch gears to promptly pass the spending bill by their Friday midnight deadline. The last time Congress allowed funding to lapse was in December 2018, when Democrats balked at paying for then-President Donald Trump's U.S.-Mexico border wall. Following a record, 35-day impasse, Trump found ways to partially circumvent Congress, but the wall never was completed.
Senate Minority Leader Mitch McConnell urged his fellow Republicans to vote against the temporary funding bill because of the Manchin provision, Politico reported. Republicans have been angry at Manchin after he helped Democrats pass a bill this summer addressing climate change and lowering some healthcare costs. SPENDING BILL STILL EXPECTED TO PASSEven if Tuesday's procedural vote fails, House and Senate leaders are expected to switch gears to promptly pass the spending bill by their Friday midnight deadline. The last time Congress allowed funding to lapse was in December 2018, when Democrats balked at paying for then-President Donald Trump's U.S.-Mexico border wall. Following a record, 35-day impasse, Trump found ways to partially circumvent Congress, but the wall never was completed.
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