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Daily News

March 16, 2018

The European Union is proposing new tariffs on U.S. agriculture, textile, tobacco and a host of other products in response to the Trump administration’s plan to impose tariffs on imports of steel and aluminum.

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Sen. Tammy Baldwin (D-WI) this week blasted a panel of Cabinet members for a lack of “Buy American” language in the White House's 2018 infrastructure blueprint, issued last month.

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Rep. Andy Barr (R-KY), the chairman of the House Financial Services subcommittee, is still aiming to send by August a bill to the president’s desk that is based on Sen. John Cornyn’s (R-TX) legislation to modernize and expand the jurisdiction of the Committee on Foreign Investment in the United States, he told Inside U.S. Trade on Thursday after a hearing with administration officials on the national security watchdog.

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March 15, 2018

Following comments made by President Trump earlier in the week, the White House on Thursday maintained that the United States has a trade deficit with Canada by using data that excludes trade in services.

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Members of Congress on Friday will receive from more than 800 civil society groups a fresh set of recommendations for what lawmakers should demand in a new NAFTA, according to a letter obtained by Inside U.S. Trade.

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The U.S. International Trade Commission has unanimously found that imports of aluminum foil from China have materially injured the domestic industry, clearing the Commerce Department to impose final antidumping and countervailing duties in the coming weeks.

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Commerce Secretary Wilbur Ross on Wednesday defended the administration’s decision to impose steep tariffs on steel and aluminum imports before skeptical senators who questioned how much thought was put into the remedies that are set to go into effect next week.

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March 14, 2018

U.S. Trade Representative Robert Lighthizer will face questions from members of the House Ways & Means Committee next Wednesday, a day before the panel is set to query Commerce Secretary Wilbur Ross, congressional sources tell Inside U.S. Trade.

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Members of the European Parliament on Wednesday urged EU Trade Commissioner Cecilia Malmström to ensure the European Union’s response to U.S. tariffs on steel and aluminum is “proportionate,” with some debating whether the EU should retaliate against U.S. products and institute safeguard measures of its own.

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The U.S. and South Korea will hold a third round of talks to discuss the U.S.-Korea Free Trade Agreement on Thursday in Washington, DC, the Korean Trade Ministry announced on March 13, and sources say the Section 232 tariffs on steel and aluminum will play a prominent role in the discussions.

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India is the target of the first World Trade Organization dispute launched by the Trump administration, which on Tuesday requested consultations with New Delhi over a series of programs it says are prohibited export subsidies.

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The chairmen of the Senate Finance and House Ways & Means committees will tell U.S. Trade Representative Robert Lighthizer he is seriously risking the chances that a NAFTA 2.0 will make it through Congress if he does not revise his approach on investor protections.

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March 13, 2018

The process of deciding which countries and products should be exempt from Section 232 tariffs on steel and aluminum could inhibit the Trump administration's ability to renegotiate trade deals and pursue other initiatives, analysts and former trade officials contend.

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Sen. Jeff Flake (R-AZ) on Tuesday defended legislation he drafted to negate the tariffs on steel and aluminum that President Trump announced last week, but members of his party -- including top Senate Republicans -- said the bill was doomed to failure.

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Colombia in the coming weeks must take concrete and verifiable actions in an array of areas – on market access, copyright and pharmaceutical-related concerns – before the country can be supported by the U.S. in its quest for accession into the Organization for Economic Cooperation and Development, industry sources told Inside U.S. Trade.

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The White House has yet to provide details on the exclusion process that would allow countries to avoid being covered by steel and aluminum tariffs, but analysts and former trade officials believe U.S. Trade Representative Robert Lighthizer will try to negotiate voluntary export restraints -- a tool he used as deputy USTR in the 1980s that is often considered inadequate in today’s trading system.

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March 12, 2018

Statements from President Trump linking recently announced Section 232 tariffs on steel and aluminum to the ongoing NAFTA negotiations and European Union trade policy issues could expose legal cracks in the administration’s defense against potential litigation in the U.S. and at the World Trade Organization, trade attorneys tell Inside U.S. Trade.

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The Trump administration’s efforts to use tariffs on steel and aluminum to force a NAFTA deal with Canada and Mexico will not only be ineffective but could lead Mexico to respond in kind, former officials and analysts told Inside U.S. Trade.

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March 10, 2018

The U.S., Japan and the European Union on Saturday agreed on new steps to address practices that spur overcapacity in areas like steel, but the EU's trade commissioner said she left the meetings in Brussels still unsure how the U.S. planned to weigh exemptions to its global steel and aluminum tariffs.

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March 09, 2018

The United States and Australia are working on a “security agreement” that would allow Australia to escape steel and aluminum tariffs set to kick in on March 23, President Trump said on Friday.

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