The Trump administration on Sunday announced it would leave in place social-distancing guidelines that that have helped send the U.S. economy and global trade flows into a nosedive, setting up a series of trade policy questions as it considers how best to respond to the health and economic crisis.
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Trade ministers from G20 countries on Monday said any “emergency measures” to address the coronavirus pandemic must be temporary and consistent with World Trade Organization rules.
The U.S. agricultural community is urging the Trump administration to ensure temporary foreign workers will be able to reach farms in the U.S. amid fears that the coronavirus pandemic could result in a labor shortage that might leave crops that are normally exported unharvested.
G20 trade ministers will discuss ways to mitigate economic harm caused by the coronavirus pandemic on Monday, according to United Kingdom Secretary of International Trade Liz Truss.
The European Union, China, Canada, Mexico and a dozen other World Trade Organization members have agreed this week to an interim mechanism for appeals while the Appellate Body remains paralyzed by a U.S. blockade.
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After President Trump’s visit to India last month revitalized trade talks between the two countries, efforts to curb the economic harm caused by a global pandemic have changed the bilateral dynamic, U.S.-India Business Council Vice President Amy Hariani said this week.
The U.S. Chamber of Commerce and the American Chamber of Commerce to the European Union on Thursday called on the Trump administration to resist the urge to impose new trade restrictions on the EU amid the coronavirus outbreak, arguing that the crisis is an opportunity to reinvigorate the trans-Atlantic relationship.
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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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The new submission argues in favor of the moratorium and takes on concerns raised by India and South Africa earlier this month.
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Trade ministers from G20 countries on Monday said any “emergency measures” to address the coronavirus pandemic must be temporary and consistent with World Trade Organization rules.