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U.S.-EU covered insurance agreement bans collateral, local presence requirements

The Treasury Department and Office of the U.S. Trade Representative on Jan. 13 filed with Congress a covered agreement with the European Union that forbids the discriminatory treatment via collateral and local presence requirements of insurance and reinsurance companies as they do business across the Atlantic.

Froman: Trade deal with UK won't be possible if it enters customs union with EU

The United States will not be able to negotiate a trade agreement with the United Kingdom if it enters a customs union with the European Union, thereby ceding its authority to set tariffs to the European Commission, according to U.S. Trade Representative Michael Froman.

Ryan calls for new agreements, border-adjustable tax to 'fix' trade deals

Negotiating new trade agreements and passing a tax policy that taxes imports but not exports is the best way to follow through on President-elect Donald Trump’s promise to revamp U.S. trade policy for the American worker, House Speaker Paul Ryan (R-WI) said at a town hall event hosted by CNN on Jan. 12.

ALJ dismisses U.S. Steel trans-shipment claim in 337 case against Chinese companies

A U.S. International Trade Commission administrative law judge has granted a motion to terminate a “false designation of origin” claim against Chinese steel companies, one of three U.S. Steel Corp. claims in a controversial section 337 case that accuses the Chinese companies of setting artificially low steel prices and evading duties through trans-shipment, and the company Baosteel of stealing trade secrets.

Neal pushing for TTIP talks to get 'back on track;' says border adjustability provision uncertain

The new House Ways & Means ranking member, Richard Neal (D-MA), is urging the incoming Trump administration to resume Transatlantic Trade and Investment Partnership talks with the European Union -- adding that he asked President Obama two years ago to prioritize those negotiations over the Trans-Pacific Partnership -- and warned that a border adjustment provision in the House GOP blueprint for tax reform must be consistent with WTO rules.

U.S. takes aim at Chinese aluminum overcapacity in WTO consultation request

The Obama administration on Jan. 12 fired a parting shot at China by requesting consultations with Beijing at the World Trade Organization over a suite of alleged subsidies China provides to primary aluminum producers, a move aimed at resolving global overcapacity in that industry.

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