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Daily News

February 06, 2019

A new study says the U.S. economy could lose nearly a million jobs over the next few years if the administration raises tariffs on $200 billion worth of Chinese goods to 25 percent.

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U.S. Trade Representative Robert Lighthizer on Wednesday suggested that Section 301 of the Trade Act of 1974 could be used to enforce provisions in the U.S.-Mexico-Canada Agreement, senators told Inside U.S. Trade.

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President Trump used his State of the Union address on Tuesday to ask Congress for swift approval of the U.S.-Mexico-Canada Agreement, but Democrats remained unmoved.

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Several House lawmakers on Wednesday introduced a companion bill to Section 232 legislation originally unveiled by Sen. Rob Portman (R-OH), with one -- Ways & Means trade subcommittee member Rep. Ron Kind (R-WI) -- contending the bill was garnering more support than another introduced last week by Sen. Pat Toomey (R-PA) and others.

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February 05, 2019

President Trump used his second State of the Union address on Tuesday to tout his trade agenda and to plead for more tariff powers.

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In its fourth communication in two weeks, Honduras has proposed three options for addressing the World Trade Organization Appellate Body practice of treating its previous rulings as precedent: maintain the status quo, prohibit precedential treatment entirely or find a middle ground that would involve members’ input.

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Canadian Foreign Affairs Minister Chrystia Freeland will be in Washington, DC, this week, amid heightened calls in Canada and Capitol Hill to lift Section 232 restrictions on steel and aluminum.

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U.S. Trade Representative Robert Lighthizer is scheduled to meet with the Senate Finance Committee and the Senate Advisory Group on Negotiations on Wednesday to discuss U.S.-China talks and other issues, lawmakers confirmed to Inside U.S. Trade.

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February 04, 2019

The Office of the U.S. Trade Representative’s annual report to Congress on China’s compliance with World Trade Organization rules dismisses the reform efforts of a handful of WTO members because it says their proposals do not adequately address the threat China’s economic model poses to the multilateral trading system.

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The European Parliament’s International Trade Committee is considering a motion that would ask the Council of the EU -- representing the EU’s 28 member states -- to reject negotiating mandates it is considering that would allow the European Commission to formally launch trade talks with the United States.

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February 01, 2019

The United States last week filed an appeal claiming a World Trade Organization dispute settlement panel, in a case involving two Turkish steel companies, incorrectly interpreted the definition of “public bodies” in the Agreement on Subsidies and Countervailing Measures.

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The United Arab Emirates challenged Qatar at the World Trade Organization this week over Doha’s ban on UAE goods that it considers unilateral retaliation to a UAE boycott of Qatar, which is being adjudicated in a separate WTO case seen as a bellwether for the international body’s leaning on national security.

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January 31, 2019

China has made progress on market access reforms and intellectual property enforcement issues in talks with the U.S., but has not advanced any proposals aimed at addressing forced technology transfers and industrial policies, U.S. Chamber of Commerce officials said on Thursday.

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A bill that would give Congress greater authority over national security tariffs needs “much broader support” before it can advance, Sen. Pat Toomey (R-PA), a principal sponsor of the legislation, said on Thursday.

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President Trump on Thursday signed an executive order aimed at strengthening “buy American” principles in federal infrastructure programs, a move that builds off interagency recommendations developed in 2017.

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South Korean Trade Minister Kim Hyun-ching and representatives from a major Korean auto group are in Washington, DC, this week for meetings with U.S. lawmakers and government officials to reiterate Seoul's opposition to the Section 232 auto probe.

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The United States this week ripped China over its July 2018 notification of subsidies to the World Trade Organization, questioning why Beijing did not include numerous fisheries programs while also outlining others that were not pertinent to the Agreement on Subsidies and Countervailing Measures.

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January 30, 2019

Several members of the House Ways & Means trade subcommittee said on Wednesday that they believed a U.S.-Mexico-Canada Agreement vote in Congress before June was unlikely, with Rep. Bill Pascrell (D-NJ) saying significant issues still must be worked out with U.S. Trade Representative Robert Lighthizer.

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In response to U.S. accusations that the World Trade Organization Appellate Body has engaged in judicial overreach, Honduras this week proposed several ways to address some of those concerns, including an external review mechanism and language clarifying the court’s role.

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Business groups representing U.S. manufacturers, farmers, food producers, retailers, technology companies and pro-trade advocacy groups have appealed to Congress to back new legislation that would rein in presidential tariff powers.

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