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Fisheries talks chair: WTO must find 'acceptable compromises’

World Trade Organization members must work toward “acceptable compromises” in the negotiations to curb harmful fisheries subsidies, the chair of the talks said last week, praising “growing convergence” but acknowledging that significant divisions remain ahead of an end-of-year deadline.

ITC unanimously backs extending safeguard measures on washer imports

The U.S. International Trade Commission on Wednesday made an affirmative determination to extend safeguard restrictions on imports of large residential washers and parts.

As GSP expiration date looms, industry pushes for renewal

A group of American companies and trade associations plans to send congressional leaders a letter next week urging “immediate passage” of the Generalized System of Preferences, ideally in early December.

European lawmakers urge EU to harness U.S. trade agreement momentum

The European Commission should use the momentum generated by a limited tariff deal with the U.S. to advance toward a “broader cooperation agreement” that goes beyond tariff reductions, members of the European Parliament argue in a resolution under debate this week.

Commerce: Chinese ‘twist ties’ benefit from undervalued renminbi in CVD case

The Commerce Department on Tuesday issued preliminary countervailing duties on Chinese twist ties, claiming Chinese producers benefit from an undervalued renminbi. 

Transition team must prepare Biden’s USTR on a host of pressing issues

President-elect Joe Biden’s trade transition team has a lengthy list of issues to assess as it reviews the operations of the Office of the U.S. Trade Representative under President Trump – a process likely made easier by the start of the official transition this week – but Biden’s policy direction is unlikely to be clear until his USTR pick is announced, according to former agency officials and members of past transition teams.

This Week In Trade

President-elect Joe Biden this week is expected to announce his picks to lead key agencies, including Treasury and State, with former Obama administration Deputy Secretary of State Anthony Blinken reportedly getting the nod for Foggy Bottom.


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