U.S. Shows Flexibility On TPP SPS, Now Open To Dispute Settlement
The United States has backed off its earlier position of opposing dispute settlement for sanitary and phytosanitary (SPS) rules in the Trans-Pacific Partnership (TPP), and is now willing to consider it depending on the ultimate outcome of the SPS negotiations, according to a spokesman for the Office of the U.S. Trade Representative.
U.S. Shows Flexibility On TPP SPS, Now Open To Dispute Settlement
The United States has backed off its earlier position of opposing dispute settlement for sanitary and phytosanitary (SPS) rules in the Trans-Pacific Partnership (TPP), and is now willing to consider it depending on the ultimate outcome of the SPS negotiations, according to a spokesman for the Office of the U.S. Trade Representative.
WTO Trade Facilitation Panel To OK Three-Phase Work Plan Next Week
The World Trade Organization committee working to prepare the new trade facilitation (TF) agreement for implementation is slated to formally adopt its work plan on March 10 in a meeting that has been pushed back from its originally scheduled date of March 6, according to Geneva sources.
Draft EU Services Proposal Appears To Take On 'Jones Act' Restriction
A leaked draft European Commission proposal on services obligations for the U.S.-EU free trade talks contains language that appears aimed at dismantling a U.S. restriction enshrined in the "Jones Act" that permits only U.S.-flagged ships to transport goods between two domestic U.S. ports.
At Lew Hearing, Wyden Spotlights Currency, Pressuring Russia With Trade Actions
Senate Finance Committee Chairman Ron Wyden (D-OR) today (March 5) announced that he wants to work with the Treasury Department to address misaligned currencies, and also pressed Treasury Secretary Jack Lew to evaluate options for putting economic pressure on Russia to respond to its military incursion into Ukraine's Crimea region.
Trade Agenda Contains New Telecom, Lumber Initiatives, Breaks Little New Ground
President Obama's annual trade policy agenda released today (March 4) announces a new telecommunications trade initiative and a new approach to the longstanding softwood lumber dispute with Canada but otherwise breaks little new ground on existing trade initiatives and enforcement pledges.
Obama FY2015 Budget Proposal Would Boost USTR, ITA Funding
President Obama's budget request for fiscal year 2015 released today (March 4) would boost funding for a range of trade-related federal agencies from current levels, including a 6.8-percent increase for the Office of the U.S. Trade Representative and an 8-percent funding boost for the Commerce Department's International Trade Administration (ITA).
Trade Policy Agenda Snow-Bound, Budget, Finance Actions On Trade Advisors Expected
- Froman Cites Progress On TPP Ag Tariff Negotiations With Vietnam, Malaysia; Issues Remain In Japan, Canada Talks
- U.S. Overall Monthly Trade Deficit Increased Slightly To $39.1 Billion In January, Commerce Data Show
- Senate Confirms Kerlikowske, Schmidtlein For Posts At CBP, ITC
- Froman, Perez Push Guatemala To Improve Implementation Of Labor Enforcement Plan Under CAFTA Dispute
- Stakeholders, Civil Society Submit Post-Hearing Comments For Special 301 Report
- Obama Holds Phone Calls With Putin, Abe Over Ukraine Crisis
- Biden To Discuss TPP During Chile Visit; White House Official Says TPP Talks Are 'Almost Complete'
- Foreign Minister Says Italian EU Presidency Will Move TTIP Faster In 'Right Direction'
- Levin, Rangel, 32 Others Back New Democrat Bill Extending TAA For Seven Years
- Obama Signs Executive Order Sanctioning Russians Involved In Ukrainian Incursion; State Imposes Visa Restrictions
- Rogers Introduces Bill To Appropriate Loan Guarantees To Ukraine
- Wyden Puts Spotlight On Currency Manipulation, Countering Russian Incursion Into Ukrainian Territory
- Malaysia TPR Identifies Massive Subsidies, Preferences For Local Firms
A World Trade Organization report released this week on Malaysia's trade and investment policies calls attention to the extensive subsidies the Malaysian government provides to domestic industries; its government procurement policy favoring ethnic Malays; and its concerted effort to build up government-linked companies (GLCs) into regional champions with policies such as local content requirements.
- U.S., China Square Off Over GOES, AD Methodology At DSB Meeting
The United States and China last week squared off over their respective trade remedy policies during meeting of the Dispute Settlement Body (DSB), with the U.S. requesting a panel to assess China's compliance with a World Trade Organization ruling on grain-oriented flat rolled electrical steel (GOES), and China seeking a panel to challenge key aspects of U.S. antidumping (AD) methodology, both as applied and as such.
- U.S. Says DSB Panel Incorrectly Interpreted GATT, TBT Agreement In EU Seal Dispute
- China Says It Did Not Maintain Any Ag Export Subsidies In 2012
- Indonesia Responds To U.S. Question On Safeguard Measures, Injury Determination Procedures
- India Launches Safeguard Investigation Of Bare Elastometric Filament Yarn, WTO Says
- Levin, 33 Other Dems Back House TAA Bill; Trumka Asks For No TPA Tie
A group of 29 members from the New Democrat Coalition, joined by House Ways and Means Committee Ranking Member Sander Levin (D-MI) and four other committee members, yesterday (March 6) introduced a bill to renew the Trade Adjustment Assistance (TAA) program through Dec. 31, 2020.
- Obama's FY2015 Budget Proposal Would Boost USTR, ITA Funding
President Obama's budget request for fiscal year 2015 released this week would boost funding for a range of trade-related federal agencies from current levels, including a 6.8 percent increase for the Office of the U.S. Trade Representative and an 8 percent boost for the Commerce Department's International Trade Administration (ITA).
- FTC, UK Data Protection Authority Sign MOU To Bolster Privacy Enforcement Cooperation
- European, APEC Experts Issue Guidelines For Firms To Comply With Separate Data Privacy Regimes
- State Reaches Settlement Over Alleged Export Control Violations By Esterline Corp.
- Obama Holds Phone Calls With Putin, Abe Over Ukraine Crisis
- U.S. Companies Complain About Slew Of Barriers As KORUS Turns Two
U.S. companies are complaining that a range of problems related to implementation of the Korea-U.S. Free Trade Agreement (KORUS) remain unresolved two years after the bilateral deal went into effect, but also cite a list of new problems they are encountering that are not directly related to FTA implementation.
- U.S. Dairy Demands Better TPP Offers From Canada, Japan; Silent On NZ
U.S. dairy industry groups last week publicly called on Canada and Japan to improve their market access offers on dairy in the Trans-Pacific Partnership (TPP) negotiations, and said that failure to do so should lead to them being excluded from the TPP negotiations.
- Foreign Minister Says Italian EU Presidency Will Move TTIP Faster In 'Right Direction'
- Biden To Discuss TPP During Chile Visit; White House Official Says TPP Talks Are 'Almost Complete'
- Froman Cites Progress On TPP Ag Tariff Negotiations With Vietnam, Malaysia; Issues Remain In Japan, Canada Talks
- USTR Reserves Right To Restart CAFTA Labor Panel If Guatemala Does Not Implement Enforcement Plan By April 25
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