New Thinking on Immigration

President Trump endorsed the RAISE Act; Reforming American Immigration for Strong Employment. This key new immigration legislation would aim to create a better screening process for who is allowed into the country. Priority would be given to those applicants who speak English, are financially self sufficient, and raise the national level of capability. A point based system (for example a Nobel Prize is worth 25 points) will help prioritize the extent of access and award of green cards to the United States. Countries such as Australia are already using such a assessment of value to society when issuing entry permits.

The bill is still quite a ways away from becoming law, which requires passage by Congress. But clearly it contributes to a useful national debate on immigration. For the time being,. RAISE aims to restrict new immigrants which depend on welfare, as well as protect US citizens from having their jobs threatened. For more details of the Bill please click here

US Senate Committee Approves TPA Bill

The U.S. Senate Finance Committee has approved the Trade Promotion Authority (TPA) bill which gives the White House “fast track” authority to streamline the passage of international trade deals through Congress. It was approved on a 20 to 6 vote. If passed by the full Senate and the House in the coming weeks, the bill would require Congress rather than amending trade deals, by changing details to vote either up or down only. Such a bill is vital to finalizing the Trans-Pacific Partnership (TPP) deal between the U.S., Canada, and 10 countries in the Asia-Pacific region.

In addition to the TPA bill, the committee also approved three other bills “to bring new transparency, enforcement, and labor protections to trade agreements.” This includes provisions to beef up rules against countries found to be manipulating their currencies.

U.S. President Barack Obama has made the TPP a major focus of his efforts to boost U.S. economic investment in Asia. Many Democrats and labor union fear that it would not benefit the nation.

New trade agreements and partnerships with Asia and Europe, such as the Trade Promotion Authority, the TPP and the Transatlantic Trade and Investment Partnership (TTIP) are useful. But there needs to be stronger domestic support for these agreements so they can kick start the U.S. contribution to the global economy.

Source: http://www.ibtimes.com/us-senate-finance-committee-approves-trade-bill-key-finalizing-trans-pacific-1893420

Related articles on TPP:
• It’s not double or nothing for trade
• Trade opportunities beyond the Americas