U.S. Trade Representative Katherine Tai will defend the Biden administration’s trade policy agenda before the Senate Finance and House Ways & Means committees this week, with U.S.-Mexico-Canada Agreement enforcement issues -- and potential disputes -- sure to be a major focus.
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China Trade & Tech
A House Science, Space and Technology subcommittee on Thursday approved legislation seen as an alternative to the Senate “Endless Frontier Act” that is less focused on China, setting up a potential showdown between the House and Senate over the research agency’s future role in countering Beijing’s attempt to become a technological superpower.
South African and Indian officials this week provided U.S. Trade Representative Katherine Tai updates on revisions to a proposed waiver of World Trade Organization intellectual property obligations for COVID-19 vaccines, which the two countries began pushing last year.
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Four years of Trump administration moves spurred a “loss of faith” in the U.S.’ commitments to its trade obligations, says Josh Meltzer, a senior fellow in global economy and development with the Brookings Institution. But with a new administration and a renewed focus on the economic integration of North America via the U.S.-Mexico-Canada Agreement, he sees an opportunity to improve the discourse on trade policy -- and to help ensure the U.S. and the other parties to the deal are living up to their promises.
China Trade & Tech
The Senate Commerce, Science and Transportation Committee on Wednesday approved a version of the “Endless Frontier Act,” the centerpiece of a China-focused legislative package the Senate is expected to vote on later this month, but drastically cut proposed funding for a new technology directorate within the National Science Foundation.
The Senate Homeland Security and Governmental Affairs Committee on Wednesday approved three “Buy America”-related bills the committee intends to push for inclusion in a package of China-focused legislation the Senate is expected to vote on later this month.
U.S. Trade Representative Katherine Tai told House lawmakers on Thursday she is interested in working with Congress on a new version of Trade Promotion Authority that has strong bipartisan support, though she did not commit to a timetable for the legislation.
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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.
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South African and Indian officials this week provided U.S. Trade Representative Katherine Tai updates on revisions to a proposed waiver of World Trade Organization intellectual property obligations for COVID-19 vaccines, which the two countries began pushing last year.
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Bolivia has waded into the fray over intellectual property rights at the World Trade Organization, notifying this week that it intends to import COVID-19 vaccines via a built-in compulsory license framework – a WTO-compliant pathway that has frequently triggered U.S. ire in the past.
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