President Trump and former Vice President Joe Biden will debate for the second and final time before the Nov. 3 election as the administration moves forward with several trade negotiations this week -- which starts with the announcement of a new and limited deal with Brazil.
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The U.S. is expected to exceed its World Trade Organization limit on agricultural domestic support for 2019 and 2020, congressional researchers say in a new report, though the Agriculture Department insists the programs were designed with the WTO constraints in mind.
The Commerce Department has delivered to the White House its report on the national security implications of key electrical transformer input imports, which could be acted on by President Trump very soon, sources tell Inside U.S. Trade.
A bipartisan group of lawmakers on Thursday launched the “Congressional Energy Export Caucus” to encourage trade in the energy sector, they said in an announcement this week.
China’s new export control law includes language authorizing retaliation against trading partners that Beijing perceives as out of line, a signal that China could use it as a broad geopolitical tool rather than merely to control dual-use and military items, analysts tell Inside U.S. Trade.
The U.S. should commence trade talks with Taiwan “as soon as possible,” a broad group of analysts and former government officials says in a new report published by the Center for Strategic and International Studies.
British Trade Secretary Liz Truss this week insisted negotiations with the U.S. on a comprehensive free trade agreement were “intensifying” enough to put the two countries in a “good position” ahead of the U.S. elections on Nov. 3, which could shake up talks already facing hurdles.
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NAFTA
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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 U.S. is expected to exceed its World Trade Organization limit on agricultural domestic support for 2019 and 2020, congressional researchers say in a new report, though the Agriculture Department insists the programs were designed with the WTO constraints in mind.
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The WTO previous faulted China for improperly allocating its TRQs for rice, wheat and corn.