Saturday, May 19, 2012
Daily News
02-16-2012 13:26:24

Importers Expect Waiver Of 100 Percent Scanning As July Deadline Looms

U.S. importers are facing a July 1 statutory deadline that would block all foreign containers from entering U.S. ports if they have not first been scanned overseas with relatively little trepidation because they do not expect the deadline to take hold, according to private-sector sources.

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02-15-2012 18:46:47

Task Force Urges U.S., EU To Pursue Broad Trade Liberalization Strategy

A report unveiled today (Feb. 15) in Brussels by two think tanks advocated that the United States and European Union should work to conclude a comprehensive trade agreement that covers “substantially all trade” but also goes beyond traditional free-trade paradigms to inject new life into the multilateral trading system.

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02-15-2012 12:12:09

Documents Show USTR Made Last-Ditch Effort To Sign Up Four States To GPA

As the talks for an updated Government Procurement Agreement (GPA) entered their final phase last fall, the Obama administration mounted a last-ditch effort to sign up four additional U.S. states to the GPA in an effort to strengthen the U.S. negotiating position, according to documents obtained by Inside U.S. Trade under the Freedom of Information Act (FOIA).

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02-14-2012 12:13:00

Special 301 Comments Cite Russian Non-Compliance With WTO Promises

Major U.S. right holder industries generally expressed alarm late last week at the fact that Russia has still not implemented some of the legal reforms to which it committed in order to accede to the World Trade Organization, and reiterated their charge that Russia is still inadequately enforcing intellectual property rights.

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02-14-2012 12:08:43

Countries Unlikely To Give Russia 'Grace Period' Before Launching WTO Cases, Experts Say

Two former members of the World Trade Organization's Appellate Body last week said that WTO members are not likely to refrain from bringing dispute settlement cases against Russia once it accedes to the WTO, even though members held off on launching disputes against China for roughly three years following its accession in 2001.

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02-13-2012 17:54:15

White House Budget Proposal Goes Beyond Farm Savings Envisioned By Congress

The White House today (Feb. 13) proposed an Agriculture Department budget for the 2013 fiscal year that would save $32 billion over the next decade, mostly by eliminating direct payments to farmers and reducing subsidies to crop insurance companies.

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02-13-2012 17:18:52

Under Proposal For Enforcement Center, ITA Would Get Most New Funds

President Obama's fiscal year 2013 budget proposal, unveiled today (Feb. 13), requests $26 million in new funds for the creation of the Interagency International Trade Enforcement Center (ITEC), most of which would go toward bolstering the Commerce Department's International Trade Administration (ITA).

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02-13-2012 12:00:13

U.S. Hopes To Build Personal Ties, Policy Understanding During Xi Visit

Chinese Vice President Xi Jinping, who is prepping to take over as China's president in the spring of 2013, arrives in Washington today (Feb. 13), and will undertake a whirlwind of meetings with senior U.S. executive and legislative branch officials tomorrow (Feb. 14) and Wednesday, kicking off a week-long U.S. visit.

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02-13-2012 11:09:25

White House Budget Seeks New Funds For Trade Enforcement, Inspections

President Obama’s proposed budget to be unveiled this morning (Feb. 13) follows up on his State of the Union speech by seeking $26 million for a trade enforcement unit, which the White House says will significantly enhance U.S. efforts to aggressively fight unfair trade practices around the world, including with respect to China.

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02-10-2012 16:24:26

Commerce Final Rule Leaves Door Open To Future Use Of Zeroing

The final rule released by the Commerce Department late this week, which is the first step called for under U.S. settlements with the European Union and Japan in longstanding fights over zeroing, contains a commitment to drop the use of zeroing in future administrative reviews of antidumping (AD) cases but does not rule it out completely.

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02-09-2012 14:22:27

Russia Coalition Gears Up For Permanent MFN Vote, Seeks New Members

The Coalition for U.S.-Russia Trade is gearing up for the fight over the congressional vote on removing Russia from the Jackson-Vanik amendment, which would allow the United States to extend permanent most-favored nation (MFN) status to Russia once it enters the World Trade Organization later this year.

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02-09-2012 12:28:10

New Argentine Import Declaration Draws Ire Of U.S. Companies

U.S. companies are complaining to the Obama administration about a new Argentine government policy, effective Feb. 1, which requires prior approval of all imports before they can enter the country. They point to this measure as an additional barrier on top of several other Argentine trade policies aimed restricting imports and promoting exports.

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02-09-2012 11:36:53

NFTC Proposes New WTO Negotiating Agenda Featuring Trade Facilitation, Services

The National Foreign Trade Council yesterday (Feb. 8) urged members of the World Trade Organization to revitalize multilateral negotiations by seeking agreements on trade facilitation and services trade, as well as by creating a work program on emerging issues like the open flow of information across borders that could ultimately lead to improved WTO rules.

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02-08-2012 19:21:03

Korean Opposition Party Warns Obama Of FTA Freeze Absent Major Changes

South Korea's new coalition opposition party, which political analysts expect to take power of the legislature in April elections, today (Feb. 8) warned the Obama administration and Congress in a letter that it will try to block the implementation of a bilateral free trade agreement unless the two sides renegotiate key provisions in the deal.

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02-08-2012 11:42:23

Ros-Lehtinen Expands Attack On Administration's Export Control Reform

Rep. Ileana Ros-Lehtinen (R-FL), the chairwoman of the House Foreign Affairs Committee, yesterday (Feb. 7) pursued a new line of attack on the Obama administration's export control reform initiative by questioning its legal authority to create a new subset of the Commerce Control List (CCL) for items it plans to transfer from the U.S. Munitions List (USML).

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02-08-2012 11:17:15

U.S. Zeroing Deals With EU, Japan Do Not Address Past Uses Of Zeroing

The United States yesterday on Feb. 6 publicly unveiled two similar deals reached with the European Union and Japan that will provide a definitive settlement for their separate, successful World Trade Organization legal challenges on the controversial U.S. antidumping (AD) practice known as zeroing.

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02-08-2012 10:19:55

USTR Hopes Other Partners Drop Zeroing Cases In Light Of Bilateral Deals

The Office of the U.S. Trade Representative is hoping that trading partners that have launched legal challenges under the World Trade Organization on the U.S. use of zeroing will now drop them in light of the fact that the U.S. this week committed to move away from the controversial antidumping (AD) methodology in the future.

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02-07-2012 13:32:18

Mexican Minister To Discuss TPP Interest With Kirk, Bryson This Week

Mexican Economy Secretary Bruno Ferrari will travel to Washington this week to personally advocate for Mexico's entry into the Trans-Pacific Partnership (TPP) talks in separate meetings with U.S. Trade Representative Ron Kirk, Commerce Secretary John Bryson and U.S. business groups, according to a Mexican official.

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02-06-2012 15:19:49

Brazil Blasts NCC Farm Bill Proposal, Says It Could Violate WTO Rules

The Brazilian government is blasting several proposals for new policies to be included in the next farm bill, arguing that they would only increase trade-distorting subsidies provided by the U.S. government. It is even suggesting that a proposal put forward by the National Cotton Council (NCC) would violate World Trade Organization rules.

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02-06-2012 13:30:28

U.S. Satisfied With Colombia's Action Plan Implementation, Minister Says

Obama administration officials last week said they are generally satisfied with Colombia's implementation of the action plan on labor rights to date, and view the Colombian government as so far having met all the milestones laid out in the plan, according to Colombian Labor Minister Rafael Pardo.

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