Katherine Tai will give a keynote address on Tuesday, her second appearance since President-elect Joe Biden’s picked her to succeed Robert Lighthizer as U.S. Trade Representative. Lighthizer, meanwhile, is continuing to hit the interview circuit to tout his and the president’s record over the past four years.
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The European Union is aiming to settle the long-running trans-Atlantic dispute over aircraft subsidies in the first six months of President-elect Joe Biden’s term, European Director-General for Trade Sabine Weyand said on Friday, while also implying a recent move by the Trump administration to add more European products to its retaliation list scuttled discussions that were pointing toward a “partial settlement.”
The Office of the U.S. Trade Representative on Friday released the findings of its Section 301 investigation into Vietnam’s currency valuation, concluding that the country’s practices “are unreasonable and burden or restrict U.S. commerce” and actionable under the statute.
The final interim rule the Commerce Department issued on Thursday offers industry some clarity on the scope of technology products it will cover but still gives the Commerce secretary broad discretion to block imports of information and communications technology and services from “foreign adversaries.”
Recent regulatory actions in Mexico have created “significant uncertainty” about its energy sector and damaged the investment climate, and they could run afoul of the U.S.-Mexico-Canada Agreement, top U.S. officials this week said in a letter to their Mexican counterparts.
Efforts to reform the Generalized System of Preferences will provide lawmakers important clues about the Biden administration’s trade policy approach, House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) said this week.
China’s Ministry of Commerce this week named a veteran trade hand to serve as its new chief international trade negotiator and published the full text of the Comprehensive and Progressive Agreement on Trans-Pacific Partnership as Beijing continues its political maneuvering just days before President-elect Biden takes office.
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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 European Union is aiming to settle the long-running trans-Atlantic dispute over aircraft subsidies in the first six months of President-elect Joe Biden’s term, European Director-General for Trade Sabine Weyand said on Friday, while also implying a recent move by the Trump administration to add more European products to its retaliation list scuttled discussions that were pointing toward a “partial settlement.”
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China is, however, living up to its phase-one agreements commitments, USTR said.
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