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Daily News

May 24, 2017

The U.S. citrus industry has filed suit against the Department of Agriculture in an attempt to rewrite a rule allowing lemon imports from northwest Argentina, arguing that the process behind USDA's decision lacked scientific explanations and was influenced by foreign policy motives.

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Canadian Foreign Minister Chrystia Freeland on Tuesday extolled the labor and environmental provisions in the Comprehensive Economic and Trade Agreement Canada signed with the European Union as a model for all other trade agreements -- including a modernized North American Free Trade Agreement -- to follow.

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May 23, 2017

HANOI – Trade officials from Japan, Australia and New Zealand, on the sidelines of the Asia-Pacific Economic Cooperation ministers meeting here, told Inside U.S. Trade they were not in favor of reopening provisions of the Trans-Pacific Partnership as a way to ensure its entry into force without the United States – citing a potential unraveling of the deal and the maintenance of the high standards agreed to when the U.S. was still involved.

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The U.S. International Trade Commission has decided to initiate an investigation into imports of solar panel products under Section 202 of the Trade Act of 1974, which it has deemed “extraordinarily complicated” – meaning it will take more time.

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President Trump's fiscal year 2018 budget request proposes reducing funding for the International Trade Administration by more than $40 million while adding personnel to the Commerce Department agency to establish a team focused on self-initiating trade remedy cases.

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Lawmakers and witnesses on Tuesday sparred over whether a border adjustment tax would run afoul of World Trade Organization commitments, as well as the impact of a BAT on import-reliant sectors of the U.S. economy -- including retailers -- as the House Ways & Means Committee held its second hearing on comprehensive tax reform.

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Michel Barnier, the European Commission's chief negotiator for the UK's exit from the EU, on May 22 said he hopes the first round of negotiations on Brexit will take place the week of June 19 so he can brief the European heads of government during a June 22-23 European Council meeting.

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May 22, 2017

Automakers in the United States and Canada see the renegotiation of NAFTA as a chance to solidify and enshrine U.S. Federal Motor Vehicle Safety Standards in the deal, a move industry sources say could set a precedent for inclusion in future agreements and beat back efforts by the European Union to establish its standards as the global norm in trade deals it strikes.

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With NAFTA talks around the corner, Ottawa appears keen on signaling strength in the trade realm, analysts say -- citing an implicit threat to cancel a planned government purchase of Boeing fighter jets in response to an antidumping and countervailing duty case the U.S. aerospace company brought against Canada's Bombardier.

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With NAFTA talks around the corner, Ottawa appears keen on signaling strength in the trade realm, analysts say -- citing an implicit threat to cancel a planned government purchase of Boeing fighter jets in response to an antidumping and countervailing duty case the U.S. aerospace company brought against Canada's Bombardier.

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A Chinese solar panel producer is claiming that the law firm representing a U.S. solar company pursuing a Section 201 safeguard petition against foreign imports of solar products has a conflict of interest in the case, which it says should be dismissed.

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The World Trade Organization Dispute Settlement Body has authorized Mexico to withdraw trade concessions to the U.S. worth $163.23 million annually in a dolphin-safe tuna fight despite U.S. claims of compliance.

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May 21, 2017

HANOI -- U.S. Trade Representative Robert Lighthizer, at his first public appearance here during the Asia-Pacific Economic Cooperation trade ministers meeting, said the U.S. defending its own market against unfair trade practices should not be confused with protectionism -- the definition of which, he claims, “is sort of migrating.”

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HANOI -- Trade officials from the Trans-Pacific Partnership signatories on Sunday reiterated their commitment to finding a way for the deal to enter into force without the U.S., announcing here on Sunday they have tasked senior officials to assess a path forward ahead of the Asia-Pacific Economic Cooperation leaders meeting in November.

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May 19, 2017

Business and industry groups -- urging the administration to “do no harm” in its attempts to modernize the North American Free Trade Agreement -- are also laying out initial wish lists for what an updated agreement should contain in response to the administration's notice of its intent to retool the deal this week.

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U.S. Trade Representative Robert Lighthizer has asked the International Trade Commission to assess how providing duty-free treatment to certain products imported from Canada and Mexico might affect the U.S. economy and key industries.

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Footwear trade associations are divided over whether to loosen the North American Free Trade Agreement's rule of origin for footwear, with domestic producers wanting to keep the current rule and distributors and retailers angling to relax it to allow more foreign inputs in production.

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Government officials on Thursday heard a range of voices during a hearing called to inform a Commerce Department-led review of bilateral trade deficits, with the services sector and economists blasting the study as too narrow in scope while industry groups argued that deficits are threats that should be urgently addressed.

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May 18, 2017

House Ways & Means Committee Chairman Kevin Brady (R-TX) said Thursday that a border adjustable tax remains a central component of his tax reform plans, even as Treasury Secretary Steven Mnuchin cast fresh doubts on the viability of the “BAT” proposal.

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Members of the Senate Foreign Relations Committee used Thursday's confirmation hearing for President Trump’s pick to serve as ambassador to Japan, Bill Hagerty, as a chance to extract pledges that their trade complaints will be addressed.

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