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Key Democrats describe progress on USMCA following meeting with Lighthizer

U.S. Trade Representative Robert Lighthizer met with members of the House Democrat working group in charge of ironing out differences in the U.S.-Mexico-Canada Agreement this week, with two key lawmakers saying the sides had made significant progress.

Pelosi says she has not yet received letter on USMCA from Mexico's president

House Speaker Nancy Pelosi (D-CA) has yet to receive a letter on the U.S.-Mexico-Canada Agreement promised by Mexican President t Andrés Manuel López Obrador last week, Pelosi told Inside U.S. Trade on Wednesday.

As U.S. presses the ‘why question' at the WTO, others demand solutions

GENEVA -- World Trade Organization members face a crossroads in their debate over the beleaguered Appellate Body as a December deadline looms: Do they engage in the philosophical conversation about why the Appellate Body has strayed from WTO rules, which the U.S. has demanded all along, or do they continue a search for solutions to appease the U.S.?

Industry groups urge action against new Mexican digital taxation regime

A new digital taxation proposal in Mexico’s 2020 budget plans could threaten U.S. investments in the country’s tech market, lead to double taxation and run afoul of the U.S.-Mexico-Canada Agreement, according to a coalition of technology groups.

Grassley: China deal not as ‘comprehensive’ as he had hoped, 'next steps' key

The “phase one” deal with China that President Trump announced last week is not as comprehensive as Senate Finance Committee Chairman Chuck Grassley (R-IA) had hoped it would be, the senator said on Tuesday, adding that he wanted to hear more about the administration’s planned “next steps” in negotiations.

USTR cites consultation process as primary enforcement tool in Japan deal

USTR is pointing to a “consultation system” outlined in the text of the new U.S.-Japan Trade Agreement as a “starting point” for how the two parties can address disputes.

This Week In Trade

Trade negotiations between the United States and China will continue this week, with deputy-level officials scheduled to discuss outstanding issues for the phase-one deal that President Trump announced last week. Meanwhile, the U.S. on Monday received final authorization from the World Trade Organization to impose retaliatory tariffs on European aircraft, agricultural and industrial products for subsidies four EU member states provided to Airbus.

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  • “The trade imbalance is so great that we can’t lose that because they do much more business than we do and that’s unfortunate.”

  • GENEVA -- World Trade Organization members face a crossroads in their debate over the beleaguered Appellate Body as a December deadline looms: Do they engage in the philosophical conversation about why the Appellate Body has strayed from WTO rules, which the U.S. has demanded all along, or do they continue a search for solutions to appease the U.S.?