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China requests $2.4 billion in WTO retaliation over U.S. CV duties

China next week will formally request the World Trade Organization grant $2.4 billion in retaliation for U.S. countervailing duties that an Appellate Body report ruled the U.S. had not been sufficiently changed to conform with WTO rules.

China submits sixth offer to join WTO Government Procurement Agreement

Nearly five years after its last submission, China’s Finance Ministry on Monday announced it had submitted its sixth revised offer to join the World Trade Organization’s Government Procurement Agreement.

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.

This Week In Trade

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are expected to speak with Chinese Vice Premier Liu He this week as the two sides push to firm up a “phase one” trade agreement. The clock on the U.S.-Mexico-Canada Agreement, meanwhile, continues to tick -- and the Global Forum on Steel Excess Capacity will hold what could be its final ministerial.

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