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Negotiations On Peruvian Labor Reform To Continue Under New President

Former Peruvian President Ollanta Humala's administration was unable to reach a compromise on a supreme decree addressing labor reforms meant to ensure compliance with the U.S.-Peru free trade agreement before his term ended this week, but the effort will continue under Humala's successor, labor sources told Inside U.S. Trade.

Business Community Grows Skeptical As TTIP Progress Remains Elusive

The trans-Atlantic business community is becoming increasingly skeptical of the benefits they could reap under the Transatlantic Trade and Investment Partnership deal, as U.S. and EU negotiators last week in Brussels failed to make tangible progress on services market access.

Merkel Defends TTIP As 'Absolutely Necessary And In Europe's Interest'

German Chancellor Angela Merkel on July 28 said the Transatlantic Trade and Investment Partnership is “absolutely necessary and in Europe's interest,” while acknowledging that the agreement cannot be fully assessed until talks between the United States and the European Union are concluded or at least reach the endgame.

EU, U.S. To Continue Negotiations For Deal Under New Solvency Directive

The U.S. and European Union met this week to discuss an agreement that would ensure the U.S. insurance and reinsurance industries are deemed equivalent to the EU's under new prudential provisions, a move needed to ensure unfettered access to EU markets.

Ways & Means Members To Froman: Extend Travel Goods Preferences To All GSP Countries

In the latest of a barrage of letters sent to U.S. Trade Representative Michael Froman on the issue, 10 members of the House Ways & Means Committee and four other representatives requested in bipartisan fashion on July 27 that the Obama administration extend duty-free benefits to travel goods from all Generalized System of Preferences beneficiaries.

WTO May Invalidate EU Method To Apply High Duties On China Post-NME Expiration

By ruling against the European Union in a dispute over antidumping duties on Argentine biodiesel exports, an upcoming decision by the World Trade Organization's Appellate Body could foreclose an approach explored by the European Commission to apply AD duties on Chinese companies by using third-country data in the event that China is no longer treated as a non-market economy.

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  • By ruling against the European Union in a dispute over antidumping duties on Argentine biodiesel exports, an upcoming decision by the World Trade Organization's Appellate Body could foreclose an approach explored by the European Commission to apply AD duties on Chinese companies by using third-country data in the event that China is no longer treated as a non-market economy.

  • Various members of the World Trade Organization have put forward a series of proposals aimed at cutting domestic support, but these proposals do not appear to address the overarching problems plaguing the negotiations, namely that the United States and China cannot agree on what cuts the other should make to its domestic support programs.

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