U.S. Trade Representative Katherine Tai is in Flint, Michigan, on Monday to talk with auto workers about the Biden administration’s trade approach -- her second foray in what she has said will be a series of sessions across the country.
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The U.S. International Trade Commission on Wednesday said it has determined Vietnamese tire imports harm the domestic industry, clearing the way for the imposition of countervailing duties in a first-of-its kind case involving alleged currency manipulation.
The Biden administration should “get back on the field” and aggressively pursue new trade agreements with several countries around the world, House Ways & Means Committee ranking member Kevin Brady (R-TX) said on Wednesday.
China Tech & Trade
The U.S. and European Union must work together on technology regulation, including a “change” in how the U.S. deals with “Big Tech” companies, Commerce Secretary Gina Raimondo said on Wednesday, arguing that the trans-Atlantic allies should “write the rules of the road” before China does.
The U.S.-Mexico-Canada Agreement lacks “due process protections” for labor disputes, the U.S. Chamber of Commerce said on Wednesday in a letter to the Office of the U.S. Trade Representative and the Labor Department that takes issue with complaints filed to date.
During their first hearing in the 117th Congress on Tuesday, Senate Finance trade subcommittee members used a discussion on trade in the Asia-Pacific region as an opportunity to explore the reasons behind a lack of support in Congress for the original Transpacific Partnership Agreement – as well as the chances the U.S. might join in its successor.
Traditional trade negotiating approaches can address barriers like censorship in a tech-neutral way, according to Google’s director of trade policy, but might not translate to “newer” issues like privacy in the digital world.
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NAFTA
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The House on Thursday passed the U.S.-Mexico-Canada Agreement’s implementing bill 385-41, setting up the Trump administration's signature trade deal for Senate consideration – and ratification – in 2020.
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The Senate should not consider the U.S.-Mexico-Canada Agreement under Trade Promotion Authority fast-track procedure because the Trump administration has failed to comply with the law, Sen. Pat Toomey (R-PA) said on Thursday.
World Trade Organization
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The World Trade Organization intellectual property rights agreement should not stand in the way of issuing compulsory licenses for COVID-19 vaccines, the European Union insists in a draft declaration laying out its alternative to a potential waiver to IP obligations at the WTO published this week.
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“How much money have PhRMA and its member companies spent to date in 2021 to lobby federal officials in opposition to the TRIPS waiver?” four progressive senators asked in a letter this week.
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