Federal Government Policy and Business

Compromise Bill Would Give President More Muscle Against Unfair Trade Practices

The New York Times: WASHINGTON — The House is expected to approve bipartisan trade and customs legislation on Friday that would empower the administration to more forcefully counter unfair trading practices, though the measure’s provisions against suspected currency manipulation by other countries fell short of demands from critics in both parties.

The legislation, reached by House and Senate negotiators on Wednesday with support from the Obama administration, would then go to the Senate early next week. While passage is expected there as well, opposition has emerged over language tucked into the bill to permanently bar state and local governments from taxing Internet access.

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