Negotiations between the U.S. and European Union could soon be underway, as EU member states on Monday formally authorized the EU Commission to seek a limited trade deal with the U.S. First up, though, is the launch of trade talks with Japan this week.
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A World Trade Organization dispute settlement panel this week handed the United States a victory over China by finding that Beijing was improperly administering rice, corn and wheat tariff-rate quotas, which in some cases contributed to the quotas' going unfilled.
A U.S. win in a World Trade Organization case involving its controversial antidumping methodology of “zeroing” will make its way next to the Appellate Body, which has consistently ruled against zeroing -- and analysts tell Inside U.S. Trade they believe it will do so again.
If “fully implemented and enforced,” the U.S.-Mexico-Canada Agreement will have a small but positive impact on U.S. GDP, with digital trade and automotive rule-of-origin provisions projected to have “the most significant effects,” the U.S. International Trade Commission says in its new analysis of the deal.
A post-Brexit United Kingdom-European Union trade agreement, as well as any U.S.-UK deal, should create an environment that is “as frictionless as possible” for people, goods and services, the U.S.-UK Business Council said on Wednesday.
The U.S. and China are focused heavily on tariff-centered enforcement issues in what they hope are the waning days of trade negotiations, with the Trump administration eyeing the use of “snap-back” restrictions in addition to multi-level consultations as it pushes to complete a deal in the coming weeks.
News Analysis
Now that the European Commission has a mandate to negotiate a trade deal with the United States, the next step for the two sides is to agree on what areas the negotiation will cover -- a normally perfunctory exercise that could derail the latest round of trans-Atlantic talks before they even begin.
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NAFTA
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If “fully implemented and enforced,” the U.S.-Mexico-Canada Agreement will have a small but positive impact on U.S. GDP, with digital trade and automotive rule-of-origin provisions projected to have “the most significant effects,” the U.S. International Trade Commission says in its new analysis of the deal.
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House Ways & Means Democrats this week singled out a lack of “May 10” agreement language and a host of enforcement issues in questioning whether the U.S.-Mexico-Canada Agreement will lead to “meaningful” environmental improvements.
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World Trade Organization
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A World Trade Organization dispute settlement panel this week handed the United States a victory over China by finding that Beijing was improperly administering rice, corn and wheat tariff-rate quotas, which in some cases contributed to the quotas' going unfilled.
-
A U.S. win in a World Trade Organization case involving its controversial antidumping methodology of “zeroing” will make its way next to the Appellate Body, which has consistently ruled against zeroing -- and analysts tell Inside U.S. Trade they believe it will do so again.
Documents
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