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Neal: House working group, USTR ‘firming up’ USMCA deal

A House working group set up to address Democrats' concerns with the U.S.-Mexico-Canada Agreement is making progress in its talks with the administration, House Ways & Means Chairman Richard Neal (D-MA) said on Thursday, saying the sides were “firming it up” but acknowledging more progress was needed on labor.

U.S. business groups react to Airbus tariffs as Malmström pledges retaliation

The European Union’s trade chief said on Friday the bloc had “no alternative” but to respond in kind to tariffs stemming from a World Trade Organization dispute over aircraft subsidies the U.S. imposed this week, which have drawn a mixed response from U.S. business groups.

Mexican president commits to increased spending on labor reforms called for in USMCA

Mexican President Andrés Manuel López Obrador has committed to increasing spending on labor reform implementation, according to a letter delivered to House Ways & Means Committee Chairman Richard Neal (D-MA) on Thursday.

U.S., others spar at General Council over development and future of WTO

India, China and others this week took umbrage at the United States’ push to keep “relatively advanced, wealthy, and influential” members of the World Trade Organization from enjoying special and differential treatment, arguing at a General Council meeting that the U.S. stance threatened the WTO's foundations.

Senate Finance members lukewarm on initial U.S.-China deal, want more details

Several members of the Senate Finance Committee say they remain unsure whether a deal reached by the U.S. and China last week will amount to much, calling for more details from the Trump administration.

Business groups welcome new Brexit agreement

Business groups are welcoming the announcement of a new Brexit agreement between the European Union and the United Kingdom on Thursday while continuing to warn against a no-deal outcome.

This Week In Trade

Trade negotiations between the United States and China will continue this week, with deputy-level officials scheduled to discuss outstanding issues for the phase-one deal that President Trump announced last week. Meanwhile, the U.S. on Monday received final authorization from the World Trade Organization to impose retaliatory tariffs on European aircraft, agricultural and industrial products for subsidies four EU member states provided to Airbus.

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