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Daily News

September 13, 2019

After a series of meetings in Washington, DC, this week, Brazilian Minister of Foreign Affairs Ernesto Araújo on Friday said the country's trade relationship with the U.S. was “going forward very quickly.”

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World Trade Organization members this week did not show they were any closer to consensus in negotiations over restricting subsidies for illegal, unreported and unregulated fishing, which they had committed to finishing in December.

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Groups representing the outdoor industry and consumer technology companies incensed by the tariff volleys in the U.S.-China trade spat are calling on Congress to step in and reassert its authority on trade.

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September 12, 2019

The Office of the U.S. Trade Representative’s U.S.-Mexico-Canada Agreement counterproposal to House Democrats is being kept under wraps due to national security, House Ways & Means Committee Chairman Richard Neal (D-MA) told Inside U.S. Trade on Thursday.

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The U.S.-Mexico-Canada Agreement has bipartisan support and is likely to pass Congress this year, Democratic and Republican House lawmakers said on Thursday.

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House Ways & Means Committee trade panel leaders are circulating a letter urging the Trump administration not to lower the U.S. de minimis threshold as part of a renegotiated NAFTA, contending that doing so would override congressional authority.

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The U.S. ethanol industry says Brazil’s decision to expand its ethanol tariff-rate quota for the next market year, from 600 million liters to 750 million liters, is only a minor increase that falls far short of the industry’s request that U.S. ethanol exports to Brazil face zero tariffs.

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September 11, 2019

U.S. Trade Representative Robert Lighthizer on Wednesday submitted a formal counterproposal to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokesperson.

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Negotiations on bilateral trade deals, including with Japan, will remain in a “holding pattern” until the U.S.-Mexico-Canada agreement is ratified, Rep. Rick Larsen (D-WA) said this week.

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Several lawmakers on Tuesday said they were encouraged by an agreement in principle reached last month by Washington and Tokyo, but many are hungry for more information on next steps and scope, and some want the administration to submit the deal to Congress.

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India is blocking the appointment of the Brazilian ambassador to the World Trade Organization to serve as the new chair of the Negotiating Group on Rules, which is in the midst of contentious -- and time-sensitive -- negotiations on illegal, unreported and unregulated fishing subsidies, according to a Geneva source.

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Some key lawmakers are considering extending the Export-Import Bank’s charter by including reauthorization language in “must-pass” legislation, such as a continuing resolution to avoid a government shutdown, Senate Banking Committee members told Inside U.S. Trade on Tuesday.

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September 10, 2019

The next European Commission will consider sanctioning the U.S. for its trading practices if the World Trade Organization dispute settlement system is paralyzed at the hands of the Trump administration, according to a Sept. 10 letter from EU Commission President-elect Ursula Von der Leyen to Trade Commissioner-nominee Phil Hogan.

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The AFL-CIO disapproves of Mexico’s budget proposals for labor reform in 2020, a trade specialist with the union federation told Inside U.S. Trade.

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Deputy-level officials from the U.S. and China will meet in Washington, DC, next week to continue preparations for high-level talks next month, sources tell Inside U.S. Trade.

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The European Union’s newly named nominee to succeed Cecilia Malmström as trade commissioner did not mince words in his criticism of President Trump on Tuesday, saying he hopes the new Commission leadership can show Trump the “error” of his “protectionist” policies.

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September 09, 2019

The top trade official at the Agriculture Department told farmers on Monday that he expected a deal in principle with Japan, announced by the president last month, would “go live” around Jan. 1.

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The Mexican government is not open to U.S.-Mexico-Canada Agreement enforcement proposals backed by U.S. labor groups and some Democratic lawmakers who want to allow American inspectors into Mexican facilities suspected of labor violations, Mexican Under Secretary for North America Jesús Seade said on Friday.

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September 06, 2019

U.S. Trade Representative Robert Lighthizer and Indian Commerce Minister Piyush Goyal spoke on Friday about a potential face-to-face meeting ahead of United Nations General Assembly meetings in late September, when the Trump administration hopes to announce a partial bilateral trade deal.

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LINCOLN, NE -- “As goes agriculture, so goes Nebraska.”

That mantra was reverently uttered by local agriculture groups, elected officials and farmers alike last week in interviews and at events in Iowa and Nebraska, where trade was a major topic of concern.

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