Global stocks were up early on Monday as U.S. and Chinese negotiators prepared for another senior-level round of negotiations in Beijing late this week.
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The United States on Friday proposed four criteria to determine whether a World Trade Organization member could access special and differential treatment, setting up specific parameters for which countries can claim developing status and restricting the practice of self-designation.
The new spending package President Trump signed on Friday mandates that the Office of the U.S. Trade Representative create an exclusion process for the third tranche of Section 301 tariffs that have been imposed on China and allocates funds to the Commerce Department to better its Section 232 exclusion process.
A new report ordered by the U.S.-China Economic and Security Review Commission recommends that the U.S. use the Committee on Foreign Investment in the U.S. and export controls, along with increased international cooperation, to mitigate the effects of China’s burgeoning biotechnology sector, which could present long-term risks and disadvantage U.S. companies.
Taiwan waded into the World Trade Organization Appellate Body fray on Tuesday with a communication that proposed an approach for members to craft guidelines for how the appeals court, which could be paralyzed as soon as December, should operate in the future.
Following meetings with President Trump and lawmakers in Washington, DC this week, Colombian President Iván Duque said his country intends to export more to the U.S. market and buy more U.S. products, as well as improve the existing bilateral agreement between the two countries.
House Ways & Means members expect to meet this month with U.S. Trade Representative Robert Lighthizer to discuss the U.S.-Mexico-Canada Agreement, with some mulling a public hearing to address both USMCA and China.
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NAFTA
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The “Pass USMCA” coalition is “focused on supporting swift passage of the USMCA by highlighting its unique benefits to America's workers, consumers, businesses, and economy.”
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House Ways & Means members expect to meet this month with U.S. Trade Representative Robert Lighthizer to discuss the U.S.-Mexico-Canada Agreement, with some mulling a public hearing to address both USMCA and China.
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World Trade Organization
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The United States on Friday proposed four criteria to determine whether a World Trade Organization member could access special and differential treatment, setting up specific parameters for which countries can claim developing status and restricting the practice of self-designation.
-
Taiwan waded into the World Trade Organization Appellate Body fray on Tuesday with a communication that proposed an approach for members to craft guidelines for how the appeals court, which could be paralyzed as soon as December, should operate in the future.
Documents
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