Australia and Japan this week announced that they have concluded negotiations on a bilateral free trade agreement that further opens up the Japanese market to Australian exports of beef and, to a lesser extent, dairy products. But the deal stops short of fully liberalizing agriculture trade and completely excludes several sensitive farm goods.
A Japanese official said yesterday (April 15) that he does not expect President Obama and Japanese Prime Minister Shinzo Abe to "negotiate" on the Trans-Pacific Partnership (TPP) during Obama's trip to Tokyo next week, in an apparent signal that the two sides may not reach a breakthrough during the meeting.
The U.S. technology industry has quietly begun discussing how it might scale back its demands to eliminate tariffs quickly under an expansion of the Information Technology Agreement (ITA), in the hope that this might help break the deadlock in the ITA talks caused by China's resistance to eliminating a wide range of tech tariffs in the near term.
A Commerce Department official last week provided new details about the U.S. textile and apparel offer to Vietnam in the Trans-Pacific Partnership (TPP) talks, and acknowledged that TPP countries are still haggling over the terms of a short supply list containing textile inputs that could be sourced from outside the region to make apparel that would qualify for tariff benefits.
In his question for the record (QFR) to U.S. Trade Representative Michael Froman, Rep. Tim Griffin (R-AR) pressed USTR on how it is working with the Commerce Department and the White House to address the excess foreign steel capacity and the resulting increase in steel imports to the United States, which he charged is unfairly traded.
The United States will have a tough time tackling some key EU agricultural trade barriers – especially those affecting U.S. meat exports – if senior European Commission officials adhere to their position that a bilateral trade and investment pact currently being negotiated will not change the laws governing EU food safety.
German Finance Minister Wolfgang Schaeuble acknowledged late last week fears among some supporters of the U.S.-EU trade negotiations that political momentum is slowing behind the initiative, but argued that the recent crisis in Ukraine will help prevent any such slowdown.
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- Russia Says It Is Examining U.S. Sanctions For Potential Violation Of WTO Rules
- Japan Questions India On Safeguard Investigation Into Steel Pipe
- Canada Raises Worry At WTO That Japanese Wood Program Could Discriminate Against Foreign Products
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- House, Senate Steel Caucuses Urge Pritzker To Enforce Trade Law In Turkish, Mexican Rebar Case
- Public Citizen Circulates Petition Opposing Holleyman Nomination On Basis Of Lobbying Background
- Specialty Steel Industry Urges USTR To Conclude TPP Without Japan, Absent Immediate Offers
- DOE Approves LNG Export License To Non-FTA Countries For Alaskan Terminal
- U.S. Apparel, Footwear Importers Reiterate Call To Obama To Eliminate Japan's Footwear TRQ In TPP
- U.S. Dairy Producers Tout Support Provided Year To Date Under Industry Export Support Program
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