Senators demand US trade chief halt 'secret' talks on investor protections

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Senators demand US trade chief halt 'secret' talks on investor protections - Business Standard

Quick Summary:

When the US Chamber of Commerce first raised concerns about the USTR discussions in December, the agency denied that there were secret, formal negotiations underway.

But since then, a growing number of Republican lawmakers, along with several Democrats, have decried the discussions, arguing that weakening investment protections will undercut American companies.

The Inside US Trade newspaper quoted an unnamed USTR official as also saying that there were consultations, but that Congress had delegated the authority for trade deal interpretations to the agency.