Afternoon Coffee: US Exports are Declining, Trans-Pacific Partnership Talks Occur in Atlanta

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US exports declined 3.5% between January and July this year compared to 2014. In August, too, exports from the US sank 3.2%.

Representatives from 12 nations meet in Atlanta today to negotiate the Trans-Pacific Partnership, just days after US business groups sent a letter to the ministers voicing opposition to the possibility of blocking products like tobacco from being traded.

Railroad companies are now saying they will block Amtrak and other other passenger train lines from operating on their tracks if the federal deadline to install safety equipment is not extended. The current deadline for trains to have the safety technology installed is Dec. 31 – a deadline the rail industry is saying is impossible to reach.

The US private sector added 200,000 jobs in September, more than economists had expected and near this year’s monthly average of 212,000 new jobs.

 

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