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U.S. derails lumber dispute with Canada in appeal to dormant Appellate Body

The U.S. has effectively halted its World Trade Organization dispute with Canada over Washington’s countervailing duties on softwood lumber, appealing the panel report, which faulted the U.S. duties, into the void of a nonfunctioning Appellate Body.

Foreign trade zones group battles to keep preferential treatment under USMCA

The Office of the U.S. Trade Representative is pushing to amend the law implementing the U.S.-Mexico-Canada Agreement to strip preferential treatment from companies operating in foreign trade zones, National Association of Foreign Trade Zones President Erik Autor said last week.

Industry groups oppose several defense policy bill provisions related to supply chain security

A group representing a range of U.S. companies and industry associations opposes several measures in fiscal year 20101 House and Senate defense authorization bills that would demand domestic sourcing for U.S. weapons programs and force companies to cut ties with Chinese suppliers.

Medical industry reps, in testimony to the ITC, pour cold water on reshoring

Reshoring production is not the be-all and end-all solution to the creation of more resilient supply chains of critical goods, medical industry representatives said this week during a hearing held by the U.S. International Trade Commission to inform a congressionally mandated report.

Key divides in OECD digital tax talks likely won’t be addressed this year

International digital service tax talks, which U.S. stakeholders hope will obviate foreign digital taxes and other countries see as an avenue to avoid U.S. tariffs, are set to miss an end-of-year deadline because negotiators are unlikely to solve key political divides ahead of the U.S. elections, according to industry sources.

U.S.-UK finance ‘alliance’ unveils regulatory cooperation proposals

Major U.S. and United Kingdom business and financial groups on Friday relaunched a trans-Atlantic alliance and released new proposals for closer financial regulatory cooperation between the U.S. and UK.

This Week In Trade

Commerce Department officials will be focused on national security concerns this week, defending restrictions issued earlier this month on two popular Chinese apps that have since been stayed by the courts -- and likely issuing export controls on a major Chinese semiconductor manufacturer.

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