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Daily News

December 12, 2018

GENEVA -- The U.S. ambassador to the World Trade Organization on Wednesday blasted proposed Appellate Body reforms advanced by the European Union, China and others, saying they endorse the very practices the U.S. has repeatedly complained about.

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The U.S. on Tuesday announced its intent to sign a covered agreement with the United Kingdom on insurance and reinsurance measures, an extension of a U.S.-European Union deal for a post-Brexit relationship.

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Sen. Chuck Grassley (R-IA) would support President Trump's intervention into the controversial case of Huawei Technologies' chief financial officer, arrested in Canada earlier this month, if it facilitated trade negotiations between the U.S. and China, he told Inside U.S. Trade on Wednesday.

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The U.S.-Mexico-Canada Agreement still has a ways to go before it can garner enough support among Democrats, several lawmakers said on Tuesday, with Sen. Sherrod Brown (D-OH) urging the parties to return to the negotiating table.

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December 11, 2018

GENEVA – The Chinese ambassador to the World Trade Organization on Tuesday warned members not to discriminate against Chinese state-owned enterprises, suggesting that some countries were intent on conflating Chinese SOEs with “public bodies.”

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GENEVA -- The U.S. ambassador to the World Trade Organization said on Tuesday that WTO negotiations on fisheries subsidies will be a test case for future negotiations involving China, adding that the fisheries talks could be hampered if China seeks special and differential treatment.

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A new report on the effect of Section 232 tariffs on the aluminum industry shows a 67 percent increase in production and thousands of jobs added in the industry and its downstream users.

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While some members of the Senate Finance Committee on Tuesday expressed qualified support for the administration's approach to China, several said they had not been briefed on U.S. plans for crucial talks over the next 90 days.

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December 10, 2018

GENEVA -- Members of the World Trade Organization on Monday criticized each other over the decision by some to move ahead with plurilateral talks on sectoral issues, leading others to claim such discussions are suffocating broader multilateral initiatives, according to a Geneva official.

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A U.S.-Japan free trade deal should include adequate currency protections, address differences in vehicle standards and facilitate smoother customs procedures, industry representatives said during a Monday hearing on potential negotiating objectives.

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December 07, 2018

The president could issue a notice of withdrawal from the North American Free Trade Agreement as early as next week, sources familiar with the plans told Inside U.S. Trade.

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The president could issue a notice of withdrawal from the North American Free Trade Agreement as early as this week, sources familiar with the plans told Inside U.S. Trade.

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The U.S. and China on Friday battled over cybersecurity at the World Trade Organization, each arguing that the other's domestic measures could affect data involved in trade.

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The chair of agriculture negotiations at the World Trade Organization has moved to implement his proposal for a new working plan for 2019 that includes seven working groups to cover top-priority issues twice a month.

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While 90 days is “not sufficient” to address all of the trade issues between Washington and Beijing, the newly established window is a “good start,” according to leaders of an influential business group.

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December 06, 2018

The U.S. International Trade Commission on Thursday asked industry representatives and others how the elimination of tariffs on autos and trucks from Japan would impact production in the U.S., with one commissioner predicting autos would be a major focus for the ITC in its assessment of a potential deal.

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House Minority Leader Nancy Pelosi (D-CA) said she held a “constructive” meeting with U.S. Trade Representative Robert Lighthizer on Thursday to discuss the U.S.-Mexico-Canada Agreement, which she made clear was far from certain to win Democrats' approval.

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World Trade Organization Director-General Roberto Azevêdo on Wednesday pointed to the signing of the U.S.-Mexico-Canada Agreement and a U.S.-China trade ceasefire as indicators of progress but warned against an “upsurge in anti-trade” sentiment created by “fear and uncertainty.”

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December 05, 2018

At least one industry group is preparing a legal challenge to a new regulation the Treasury Department is slated to release later this month that would eliminate the substitution drawback program and frustrate U.S. industry representatives, according to sources familiar with the plans.

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The U.S. Chamber of Commerce, the National Foreign Trade Council and other business groups are calling on the Office of the U.S. Trade Representative to push for improved market access, eradicate Section 232 restrictions and coordinate approaches to address third-country trade barriers in a bilateral trade pact with Tokyo.

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