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Government funding package creates new 301 exclusion process, bolsters 232 process

The new spending package President Trump signed on Friday mandates that the Office of the U.S. Trade Representative create an exclusion process for the third tranche of Section 301 tariffs that have been imposed on China and allocates funds to the Commerce Department to better its Section 232 exclusion process.

Report: U.S. should use CFIUS, export controls to address China's growing biotech sector

A new report ordered by the U.S.-China Economic and Security Review Commission recommends that the U.S. use the Committee on Foreign Investment in the U.S. and export controls, along with increased international cooperation, to mitigate the effects of China’s burgeoning biotechnology sector, which could present long-term risks and disadvantage U.S. companies.

Taiwan proposes WTO members craft guidelines for Appellate Body future

Taiwan waded into the World Trade Organization Appellate Body fray on Tuesday with a communication that proposed an approach for members to craft guidelines for how the appeals court, which could be paralyzed as soon as December, should operate in the future.

Colombian president hopes to increase trade with U.S., improve trade deal

Following meetings with President Trump and lawmakers in Washington, DC this week, Colombian President Iván Duque said his country intends to export more to the U.S. market and buy more U.S. products, as well as improve the existing bilateral agreement between the two countries.

Ways & Means members eyeing Lighthizer meeting this month; hearing possible

House Ways & Means members expect to meet this month with U.S. Trade Representative Robert Lighthizer to discuss the U.S.-Mexico-Canada Agreement, with some mulling a public hearing to address both USMCA and China.

U.S., Canada allege India defying WTO rules on agriculture support

The U.S. and Canada are accusing India of exceeding its World Trade Organization limits on market price support for a handful of agricultural products, the two countries said in a counter-notification filed on Tuesday.

This Week In Trade

Global stocks were up early on Monday as U.S. and Chinese negotiators prepared for another senior-level round of negotiations in Beijing late this week.


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