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Weyand: EU aims to settle aircraft dispute in Biden’s first six months

The European Union is aiming to settle the long-running trans-Atlantic dispute over aircraft subsidies in the first six months of President-elect Joe Biden’s term, European Director-General for Trade Sabine Weyand said on Friday, while also implying a recent move by the Trump administration to add more European products to its retaliation list scuttled discussions that were pointing toward a “partial settlement.”

USTR says Vietnam’s currency practices ‘burden or restrict U.S. commerce’

The Office of the U.S. Trade Representative on Friday released the findings of its Section 301 investigation into Vietnam’s currency valuation, concluding that the country’s practices “are unreasonable and burden or restrict U.S. commerce” and actionable under the statute.

Final ICTS rule offers some clarity, still gives Commerce broad authority

The final interim rule the Commerce Department issued on Thursday offers industry some clarity on the scope of technology products it will cover but still gives the Commerce secretary broad discretion to block imports of information and communications technology and services from “foreign adversaries.”

U.S. warns Mexico’s energy sector regulations could run afoul of USMCA

Recent regulatory actions in Mexico have created “significant uncertainty” about its energy sector and damaged the investment climate, and they could run afoul of the U.S.-Mexico-Canada Agreement, top U.S. officials this week said in a letter to their Mexican counterparts.

Blumenauer: GSP reform will offer clues about Biden’s trade approach

Efforts to reform the Generalized System of Preferences will provide lawmakers important clues about the Biden administration’s trade policy approach, House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) said this week.

China names new chief trade negotiator, publishes CPTPP text

China’s Ministry of Commerce this week named a veteran trade hand to serve as its new chief international trade negotiator and published the full text of the Comprehensive and Progressive Agreement on Trans-Pacific Partnership as Beijing continues its political maneuvering just days before President-elect Biden takes office.

This Week In Trade

Katherine Tai will give a keynote address on Tuesday, her second appearance since President-elect Joe Biden’s picked her to succeed Robert Lighthizer as U.S. Trade Representative. Lighthizer, meanwhile, is continuing to hit the interview circuit to tout his and the president’s record over the past four years.

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