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Draft Democratic Platform Calls For Updating Trade Deals To Address Labor, Environment, Health

A draft of the 2016 Democratic party platform issued on July 1 calls for existing trade agreements to be updated to reflect strong and enforceable labor and environmental standards.

Administration Poised To Float TPP Data Fix To Congress; Froman Sees Positive Outcome

The Obama administration is close to presenting to congressional trade committees its proposal for shielding the financial services industry from data localization requirements under the Trans-Pacific Partnership, according to informed sources. This could happen as early as next week, they said.

Industry Gears Up For Fight With Administration Over Travel Goods GSP Outcome

The travel goods industry is preparing for battle over the Obama administration's June 30 decision not to extend duty-free preferences for travel goods to all members of the Generalized System of Preferences, a move that sources say came as a surprise and runs counter to every comment the White House received on the issue.

U.S., Canada Agree To Market Share Approach On Lumber; Options Possible

President Obama and Prime Minister Justin Trudeau announced this week that a new Canada-U.S. softwood lumber deal would seek to limit Canadian exports to a specified, yet-to-be negotiated, share of the U.S. market while leaving the door open to giving Canadian provinces options for meeting that target.

UK Efforts For New WTO Schedule Pose Challenges, Particularly In Ag

After its withdrawal from the European Union, the United Kingdom faces a complex task of establishing trade relationships with other members of the World Trade Organization on a most-favored nation basis, according to experts.

Froman: Brexit Heightens Need For TPP; EU Must Show Will To Finish TTIP

U.S. Trade Representative Michael Froman argued Thursday that the United Kingdom’s vote to leave the European Union has raised the stakes for a vote on the Trans-Pacific Partnership this year because its outcome would send a clear and significant signal regarding U.S. international leadership in an uncertain global environment.

World Trade Organization

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  • President Obama and Prime Minister Justin Trudeau announced this week that a new Canada-U.S. softwood lumber deal would seek to limit Canadian exports to a specified, yet-to-be negotiated, share of the U.S. market while leaving the door open to giving Canadian provinces options for meeting that target.

  • House Ways & Means Committee Chairman Kevin Brady (R-TX) and House Speaker Paul Ryan (R-WI) have called for the U.S. to begin discussions for a bilateral trade agreement with the United Kingdom following its vote to leave the European Union, but such a deal faces significant hurdles in the near term.

FTA Central

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  • The Obama administration is close to presenting to congressional trade committees its proposal for shielding the financial services industry from data localization requirements under the Trans-Pacific Partnership, according to informed sources. This could happen as early as next week, they said.

  • U.S. Trade Representative Michael Froman argued Thursday that the United Kingdom’s vote to leave the European Union has raised the stakes for a vote on the Trans-Pacific Partnership this year because its outcome would send a clear and significant signal regarding U.S. international leadership in an uncertain global environment.