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Daily News

July 31, 2020

The U.S. backed a compromise that would have rotated the acting director-general job at the World Trade Organization between deputies from the U.S. and European Union, but China did not accept the plan, a U.S. official familiar with the talks told Inside U.S. Trade on Friday.

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Chinese officials met with U.S. business executives this month to welcome increased U.S. investment in China, urge companies to exert influence to foster better U.S.-China trade relations -- and emphasize that the implementation of the phase-one trade deal requires cooperation from the U.S.

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The World Trade Organization will operate without a leader as of September, as members cannot agree which deputy to appoint acting head, opting instead on Friday to leave the status quo in place as Director-General Roberto Azevêdo prepares to depart next month.

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Senior U.S. and Mexican officials are discussing the establishment of a consultation mechanism to align the region’s “essential sectors” and target supply chains that could be reshored, Mexican Ambassador to the U.S. Martha Bárcena told Inside U.S. Trade on Thursday.

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July 30, 2020

The U.S. could impose new Section 232 restrictions on Canadian aluminum as soon as Friday, sources tell Inside U.S. Trade.

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Former British Trade Secretary Liam Fox, the United Kingdom’s candidate to lead the World Trade Organization, said on Thursday that he views resolving the Appellate Body impasse as one of the “most urgent” challenges facing the next director-general.

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Senate Finance Committee members argued on Wednesday that the World Trade Organization has not properly dealt with Chinese trade practices and has unfairly restricted the use of U.S. trade remedies -- two key areas in which the U.S. has pursued reforms in Geneva.

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More progress has been made in 2020 in the Airbus-Boeing subsidies dispute than in the previous 15 years, EU Trade Commissioner Phil Hogan said on Thursday, citing Airbus’ recent claims of compliance as a major breakthrough.

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Sen. Cory Gardner (R-CO) and Rep. Ted Yoho (R-FL) this week made appeals for the U.S. to pursue a trade deal with Taiwan.

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July 29, 2020

World Trade Organization members will meet again on Friday but are unlikely to name an acting director-general because they have been unable to overcome an impasse over which of the four deputies to appoint, according to sources in Geneva and a report from Reuters.

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India, the U.S. and China were put on the defensive at a World Trade Organization Agriculture Committee meeting on Tuesday, with India pressed to justify its breach of WTO agriculture domestic support limits and the U.S. and China compelled to defend the purchasing requirements in their phase-one trade deal, according to a Geneva-based trade official.

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The U.S. on Wednesday rebuffed the European Union’s claim that it had further resolved subsidies in question in a World Trade Organization dispute over large civil aircraft, arguing that the bloc had provided no details to the U.S. or the WTO and had not addressed other WTO-inconsistent measures.

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Restrictions on vanadium imports will lead to severe supply disruptions because the U.S. industry relies almost exclusively on imports, several countries told the administration last week, instead urging Washington to boost coordination with key allies.

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July 28, 2020

The United Kingdom wants the U.S. to accept British lamb and haggis -- both banned in the U.S. -- but is unwilling to budge on its refusal to accept most U.S. chicken into its market, British officials said in an interview with The Times on Tuesday.

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The U.S. should be leading efforts to reform the World Trade Organization, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Tuesday, arguing that the Trump administration should “double down” on showing U.S. leadership in Geneva.

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A COVID-19 relief proposal introduced by Senate Republicans this week includes language on reducing U.S. reliance on China, facilitating domestic supply chain restoration, semiconductor production and mineral security.

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July 27, 2020

China’s Ministry of Commerce this month found “non-market conditions” in the U.S. energy sector and hiked antidumping duties against U.S. propanol exports, a move trade lawyers believe could become a pattern in Chinese trade remedy investigations of U.S. exports.

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Asia-Pacific Economic Cooperation trade ministers this weekend committed to ensuring any trade measures imposed in response to COVID-19 are “in accordance” with World Trade Organization obligations and also pledged to coordinate on “unnecessary” trade barriers to essential goods.

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July 24, 2020

The European Commission on Friday said member states and Airbus have changed their policies “to reflect market conditions,” arguing that the bloc is now in full compliance with rulings in the long-running World Trade Organization dispute with the U.S. over Airbus subsidies.

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Funds appropriated to implement the U.S.-Mexico-Canada Agreement are not being distributed in a manner consistent with the “spirit” of the deal, a group of Democratic lawmakers said this week, urging the administration to ensure the money is properly allocated.

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