Friday, January 27, 2012
Inside U.S. Trade - January 27, 2012

Camp Open To GPX 'Fix' Legislation, Urges Exhaustion Of Legal Appeals

Ways and Means Committee Chairman Dave Camp (R-MI) this week publicly expressed openness to considering targeted legislation that would allow the Commerce Department to impose countervailing duties (CVDs) on imports from non-market economies (NMEs), such as China, and thereby reverse a controversial appeals court ruling.

U.S., EU At Odds Over How To Move Forward With ITA Expansion Talks

Mexico Holds Intense TPP Talks With U.S., Hopes For Kirk Meeting Next Month

Finance Plans Russia MFN Hearing In March, Obama Briefly Mentions Russia

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U.S., Indian Officials To Meet Next Month To Work On Nuke Liability Issue

U.S. and Indian officials will meet next month in New Delhi in order to discuss issues related to India's civil nuclear energy sector, including whether there is a way to address U.S. worries over an Indian liability law that is holding back U.S. companies from investing in India.

U.S., EU At Odds Over How To Move Forward With ITA Expansion Talks

The European Union and the United States are at loggerheads over how to move forward with an expansion of the tariff-cutting Information Technology Agreement (ITA) to such a degree that their disagreement threatens to scuttle the effort even before real negotiations are launched, sources said.

Court Grants One-Month Extension For GPX Rehearing Filing Deadline

The U.S. Court of Appeals for the Federal Circuit (CAFC) yesterday (Jan. 24) granted the U.S. government a one-month extension of a Feb. 2 deadline by which it must file a petition for rehearing in a controversial case known as GPX International Tire Corporation v. United States.

Finance Plans Russia MFN Hearing For March, Hopes For Markup In April

The Senate Finance Committee plans to move forward this spring on controversial legislation that will allow President Obama to extend permanent most favored nation status to Russia, thereby permitting U.S. exporters to benefit from the concessions Russia made in the context of entering the World Trade Organization.

Administration, Chinese Tiremakers At Odds Over Deadline Extension In GPX Case

The Obama administration has requested a 60-day extension of the fast-approaching Feb. 2 deadline for deciding whether to seek a rehearing of a controversial decision by the U.S. Court of Appeals for the Federal Circuit forbidding the Commerce Dept. from applying countervailing duties on imports from non-market economies (NMEs) such as China, according to petitioner and respondent lawyers.

Obama Creates New Trade Enforcement Unit, Sees Fair And Open Trade As Hallmark Of Strong Economy

In his State of the Union address, President Barack Obama last night (Jan. 24) highlighted open and fair trade as one element of his blueprint for an enduring American economy, and announced a new initiative to fight unfair trade practices in countries like China.

Daily News
Special Report

Free Trade Agreement Votes Set Stage For Major Policy Changes

Recent votes in the House and Senate approving three free trade agreements mark a turning point for the Obama administration on trade policy and provide new insights into the way Congress, particularly the new Republican majority in the House, will handle trade initiatives. This special report provides select articles published by Inside U.S. Trade in the lead-up to the votes and in their aftermath, offering critical intelligence for getting up to speed in tracking implementation of the landmark trade agreements. Download the entire nine-page special for $25; remember you can subscribe to World Trade Online and start getting these and other exclusive news articles every day by calling 703-416-8505 or emailing brin.luther@iwpnews.com.

World Trade Organization
Top Stories
  • Top U.S. Exports To Russia Will Have Longest Tariff Implementation Periods
    An informal analysis of Russia's tariff reduction commitments as a new member of the World Trade Organization paints a mixed picture of the benefits of its accession to U.S. producers and exporters, with many of the top 10 products that America ships to Russia facing long duty phaseouts, and none of the tariffs dropping to zero immediately.
  • Russia ITA Tariff Eliminations Still To Come With Revised Tariff Schedules
    In response to a question from Japan, the chairman of the Information Technology Agreement (ITA) Committee yesterday (Jan. 19) announced that Russia has not yet informed the committee about its intent to make good on its commitment of joining the agreement, according to Geneva sources.
Around the World
Top Stories
  • Obama's Handling Of Trade Reorganization Raises Questions About Motive
    The Obama administration's failure to give key congressional committees advance notice of its newly unveiled proposal to reorganize the trade agencies of the federal government has led some congressional aides on both sides of the aisle to conclude that the White House may be more interested in the political value of the proposal than in actually getting it approved by Congress this year.
  • Farm Bill Efforts In 2012 Will Be Dogged By Divisions, Election Politics
    Efforts to write a new farm bill this year face a number of hurdles and will likely drag into 2013 despite the intense negotiations last fall among congressional farm policy leaders to reach a compromise on key issues as part of the now-defunct "super committee" process, according to farm lobbyists and congressional sources.
FTA Central
Top Stories
  • Business Groups Generally Support Japan Joining TPP, But Some Cautious
    In comments submitted last week to the Office of the U.S. Trade Representative (USTR), a range of U.S. business interests generally supported Japan joining the ongoing Trans-Pacific Partnership (TPP) negotiations, so long as Japan can live up to the high standard established by current partners, accepts the terms already negotiated, and would not slow down the pace of the talks.
  • U.S. To Host Informal TPP Meetings In California On Labor, Environment, IPR
    The United States is hosting at least four separate informal meetings with other countries participating in the Trans-Pacific Partnership (TPP) negotiations starting on or after Jan. 31 in order to advance work in the areas of intellectual property rights, rules of origin, labor rights and environmental protections before the next full negotiating round in Australia in March.

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Inside U.S.-China Trade

Inside US-China Trade

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