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Pressure will be on Japan during trade talks with the U.S., analysts say

Japan is expected to continue to balk at a bilateral trade deal with the U.S. during high-level talks that will resume on Sept. 24, analysts say, but could be forced into negotiations in the face of sustained U.S. pressure and the threat of Section 232 tariffs on autos.

Sources: U.S.-Mexico deal includes rules on chemicals akin to those in KORUS

Rules of origin governing whether some chemicals will be eligible for benefits under a new U.S.-Mexico trade pact are more flexible than provisions in the North American Free Trade Agreement, sources said, adding the new rules are akin to those included in the U.S.-Korea Free Trade Agreement.

WTO members question U.S. trade aid package for farmers

Ahead of a World Trade Organization agriculture committee meeting next week, six countries are questioning the nature and methodology of the $12 billion aid package authorized by President Trump to help farmers affected by the administration's trade policies, asking whether it conforms to WTO rules, according to a committee document filed last week.

Proposed duty drawback changes draw the ire of industry groups

Proposed changes to duty drawback rules issued by the Treasury Department and Customs and Border Protection are drawing fire from a number of industry groups that fear the new rules would limit companies' ability to recoup paid tariffs and taxes.

G20 members reach consensus on global steel excess capacity resolutions

Members of the Global Forum on Steel Excess Capacity this week reached consensus on a process that will allow for the identification and removal of subsidies and other ways to eliminate distortions that contribute to global steel overcapacity, according to a statement from the G20 chair.

Business groups want process for excluding products from new China tariffs

U.S. business groups are calling for an exclusions process for the latest round of U.S. tariffs on $200 billion in Chinese goods, but sources say exclusions are not expected at least for the initial 10 percent duties that go into effect next week.

This Week In Trade

President Trump kicked off the week by touting what he sees as the benefits of tariffs on imported goods, with reports suggesting the administration will soon announce it is moving forward with new duties on $200 billion in Chinese goods.


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