World Trade Organization Director-General Ngozi Okonjo-Iweala is taking her vaccine equity message directly to the world leaders most likely to be able to do something about it, urging G7 countries – ahead of her meeting with them on Saturday – to make progress on a proposed waiver to some intellectual property obligations by July to ensure a “comprehensive” ministerial statement for future pandemics.
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Daily News
June 12, 2021
June 11, 2021
U.S. Trade Representative Katherine Tai will hold bilateral trade talks with her British counterpart in London on July 16, her office announced on Friday.
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Upcoming talks Trade and Investment Framework Agreement talks between the U.S. and Taiwan could provide Taiwanese President Tsai Ing-wen a political boost before a critical referendum in August, though whether they will amount to real movement toward a trade deal remains far from certain, according to Bonnie Glaser, the director of the Asia Program at the German Marshall Fund of the United States.
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Former U.S. and European officials sparred on Thursday over the European Union’s dealings with China and how the trans-Atlantic allies should take on Beijing, debating whether China’s system is “fundamentally” at odds with the international system or whether a more “nuanced” approach should be followed.
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Unfair Chinese trade practices have hampered global technological innovation, analysts said on Thursday, creating what one called a “lock-in effect.”
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June 10, 2021
China’s National People’s Congress on Thursday passed a law subsequently signed by President Xi Jinping that is aimed at enabling Beijing to respond to sanctions issued by other countries.
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Foreign direct investment screening mechanisms have proliferated in recent years, worrying some researchers who say such policies -- shaped by geopolitical rivalry with China and economic fallout from the pandemic -- might unintentionally inhibit economic development.
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U.S. Trade Representative Katherine Tai will join President Biden at the G7 leaders summit in Brussels next week to negotiate a possible resolution of the steel and aluminum tariff dispute with the European Union as well as a longstanding aircraft subsidy dispute, she said on Thursday.
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U.S. Trade Representative Katherine Tai will join President Biden in Europe next week to negotiate a possible resolution of the steel and aluminum tariff dispute with the European Union as well as a longstanding aircraft subsidy dispute, she said on Thursday.
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The U.S. has committed to resuming trade talks with Taiwan “in the coming weeks” under the two countries’ Trade and Investment Framework Agreement, the Office of the U.S. Trade Representative said on Thursday.
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The U.S. has committed to resuming trade talks with Taiwan “in the coming weeks” under the two countries’ Trade and Investment Framework Agreement, the Office of the U.S. Trade Representative said on Thursday.
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June 09, 2021
The Office of the U.S. Trade Representative and the Labor Department on Wednesday announced they have agreed to pursue a U.S.-Mexico-Canada Agreement complaint against an auto plant in Mexico for alleged workers’ rights violations.
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World Trade Organization members agreed this week to move ahead with text-based talks on proposals aimed at improving the international pandemic response – both a waiver of some intellectual property obligations and an alternative from the European Union – with the U.S. calling for the final product to focus directly on access to vaccines.
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The U.S. should build on the progress it is making with the European Union and work to terminate tariffs on steel and aluminum imports from allies, a slew of U.S. business and industry groups said on Wednesday in a letter to President Biden.
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A new whole-of-government task force announced by the White House on Tuesday is part of an effort to shore up supply chains in the near term, according to Commerce Secretary Gina Raimondo, who told lawmakers on Tuesday her department also is working with other agencies to monitor potential vulnerabilities well into the future.
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The White House’s reviews of critical supply chains were a critical first step in developing a comprehensive approach to compete with China on technology, analysts said on Tuesday, but the U.S. still must develop a more nuanced approach to its export controls to counter the Chinese semiconductor industry.
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President Biden on Wednesday rescinded three Trump administration executive orders crafted to ban TikTok, WeChat, Alipay and seven other applications over concerns the China-based app developers had access to sensitive data on U.S. citizens.
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June 08, 2021
After much ado, the Senate on Tuesday passed a wide-ranging China-focused legislative package that includes a slew of trade provisions such as the renewal of the Generalized System of Preferences and a new Miscellaneous Tariff Bill, as well as funding for domestic semiconductor manufacturing incentive programs with labor-wage provisions.
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Senate Finance Committee leaders have not yet begun discussions with their House counterparts on how to resolve a procedural issue with a proposed extension of the Generalized System of Preferences and a new Miscellaneous Tariff Bill, they told Inside U.S. Trade on Tuesday.
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Congress should fully fund the U.S. International Trade Commission’s budget request of $118.8 million for fiscal year 2022 -- over $15 million more than the White House requested for the agency -- to support a broadened and increasingly complex workload, the United Steelworkers told House lawmakers this week.
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