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Sources: Canada to propose eliminating ISDS at NAFTA meeting this week; USTR to agree

During a meeting with their U.S. counterparts this week, Canadian negotiators will pitch the elimination of the deal’s investor-state dispute settlement provision -- and the U.S. is expected to agree to that proposal, allowing for what private-sector and congressional sources called a “win” for U.S. Trade Representative Robert Lighthizer in one of his priority areas in the talks.

TPP countries release text; concerns remain over Canada’s side deals, autos

Trans-Pacific Partnership countries released the text of the agreement on Wednesday in preparation for a March 8 signing in Chile, but concerns remain over still-unreleased side agreements and how they could affect automotive trade in North America.

Latin American trading prospects debated as elections, OECD considerations come into play

Colombia’s quest to join the Organization for Economic Cooperation and Development, which could be concluded as soon as April, could have major implications for other Latin American countries -- such as Brazil -- as well as future trade relations with the U.S., according to analysts and private-sector sources.

Korea targets U.S. ‘Leveling the Playing Field Act,’ use of adverse facts

In a fresh request for consultations with the U.S. at the World Trade Organization, Korea has set its sights on the so-called “Leveling the Playing Field Act” as well as the Commerce Department’s use of adverse facts available to drive up antidumping and countervailing duty margins.

Industry groups, trade analysts question impacts of Section 232 options

Following the release of the Commerce Department's reports on its Section 232 probes into steel and aluminum imports, several industry groups and trade analysts say they are skeptical that remedies suggested by Commerce will benefit groups President Trump focused on helping during the presidential campaign -- and warn they could instead harm the U.S. economy.

Commerce seeks funding for teams to handle new Section 232 cases

The Commerce Department wants to create teams within the Bureau of Industry and Security and International Trade Administration dedicated to conducting Section 232 investigations into the effect of imports on national security, according to Commerce’s fiscal year 2019 budget justification documents.

This Week In Trade

Negotiators from Canada and Mexico, governors, state and provincial leaders from Canada and Mexico and an Australian delegation are descending on Washington, DC, this week, just a few days before the seventh round of talks on the renegotiation of the North American Free Trade Agreement are set to begin in Mexico City.

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