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Chamber official: TIFA talks offer a ‘springboard’ to a U.S.-Taiwan trade deal

The Biden administration’s decision to resume U.S.-Taiwan Trade and Investment Framework Agreement talks is a “reversion to the norm” after the Trump administration – and could be a key step toward a bilateral trade agreement as well, according to Andrew Wylegala, the president of the American Chamber of Commerce in Taiwan.

House Democrats say GSP, MTB bill crafted to fix ‘significant shortcomings’ in Senate’s

House Ways & Means Committee Democrats have introduced legislation to reauthorize and modernize two trade-preference programs that they say will address “significant shortcomings in recently passed Senate legislation,” panel leaders said in a statement on Thursday.

WTO members agree to weekly meetings to negotiate IP waiver

World Trade Organization talks on an approach to waiving some intellectual property obligations in response to the pandemic will speed up to a weekly clip ahead of a July General Council meeting, when members are hoping to report some progress.

Administration eyes procurement, Bayh-Dole Act to secure supply chains

The Biden administration is considering a raft of options for how to implement supply chain improvement recommendations stemming from four 100-day reviews, including government procurement preferences and a 1980 law crafted to boost domestic capacity in areas of critical need, officials from the White House and the Commerce and Energy departments said this week.

House Democrats seek to recoup constitutional authority in GSP, MTB renewal bill

Following Senate moves to renew two trade-preference programs, House Democrats have unveiled their own renewal legislation in a push to reclaim constitutional authority over the introduction of revenue-raising measures, Ways & Means Committee lawmakers told Inside U.S. Trade on Thursday.

U.S., UK reach their own accord on aircraft subsidies

The U.S. and the United Kingdom have agreed to a five-year moratorium on retaliatory tariffs for large civil aircraft subsidies in an accord designed to “finally” put longstanding disputes to rest, U.S. Trade Representative Katherine Tai said on Thursday. 

This Week In Trade

U.S. Trade Representative Katherine Tai is in Brussels with President Biden this week for a much-anticipated meeting between U.S. and European leaders that is expected to push forward talks on trade, technology and the trans-Atlantic approach to dealing with China.

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