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Daily News

December 05, 2018

Mexico, under newly inaugurated President Andrés Manuel López Obrador, is redesigning its list of retaliatory moves in response to the U.S.' Section 232 tariffs on steel and aluminum, mulling steeper tariffs on politically salient products aimed at catching the attention of the 116th Congress, according to sources and press reports.

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December 04, 2018

Challenging the U.S. on its use of national security to justify Section 232 tariffs on steel and aluminum is “risky,” World Trade Organization Director-General Roberto Azevêdo said on Tuesday.

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France and Germany on Tuesday issued a new proposal for a tax on internet advertisements that could serve as a potentially fatal blow to the European Commission’s push to impose a digital services tax targeting U.S. companies, which the U.S. business community had branded a violation of international trade rules.

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The U.S. has “no assurances” that China will make changes the U.S. seeks, but the truce brokered at the G20 Saturday is still a big step forward, Larry Kudlow said Tuesday.

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December 03, 2018

The U.S. and China have reached a long-expected ceasefire deal, but as the difficult work of negotiating some form of agreement between the world’s largest economies begins, success will hinge on the Trump administration’s ability to present a united front as it negotiates with Beijing.

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A new footnote in the labor chapter of the U.S.-Mexico-Canada Agreement could provide a loophole for the U.S. to escape obligations in the deal's workplace discrimination provisions, sources said.

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December 01, 2018

BUENOS AIRES – The U.S. agreed to suspend a scheduled escalation of tariffs on $200 billion in Chinese goods, which were set to boost from 10 percent to 25 percent on Jan. 1, according to a White House statement released after President Trump and Chinese President Xi Jinping met on sidelines of the G20 on Saturday.

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BUENOS AIRES – Leaders of countries representing 75 percent of international trade on Saturday issued a communiqué aimed at reshaping the World Trade Organization and calling for an expedited solution to steel overcapacity issues, though they stayed away from more controversial topics and traditional language on protectionism.

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November 30, 2018

The U.S. technology industry is asking for more time to review a new export control process before delivering feedback to the Trump administration, which is aiming to expand the ambit of the Committee on Foreign Investment in the United States due to concerns about predatory foreign investments.

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Even as U.S. industry groups applauded the signing of the new U.S.-Mexico-Canada Agreement on Friday, they made clear their continued frustration that Section 232 tariffs on steel and aluminum imports remained.

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Even as U.S. industry groups applauded the signing of the new U.S.-Mexico-Canada Agreement on Friday, they made clear their continued frustration that Section 232 tariffs on steel and aluminum imports remained.

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BUENOS AIRES -- U.S. Trade Representative Robert Lighthizer is confident the trilateral trade deal inked by the U.S., Mexico and Canada will garner enough support in Congress -- and he is adamant that “a very high number of Democrats” will vote for the implementing legislation.

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BUENOS AIRES – U.S. Trade Representative Robert Lighthizer on Friday said the U.S., Mexico and Canada would focus on a resolution to U.S. Section 232 tariffs on steel and aluminum now that the three countries have signed their new trade deal, adding that an agreement on the tariffs was never going to be part of NAFTA renegotiation talks.

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BUENOS AIRES – The U.S.-Mexico-Canada Agreement will be signed on Friday without the countries reaching a resolution on Section 232 steel and aluminum tariffs, sources tell Inside U.S. Trade, though trade ministers worked through the night on the issue.

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BUENOS AIRES – The U.S.-Mexico-Canada Agreement was signed on Friday without a resolution on U.S. Section 232 steel and aluminum tariffs despite last-minute negotiations, sources tell Inside U.S. Trade.

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November 29, 2018

The Senate Foreign Relations Committee this week discussed how the U.S. should address controversial Chinese trade practices, and whether multilateral economic institutions were effectively working to ensure all countries were abiding by the same rules.

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Sen. Rob Portman (R-OH) on Tuesday said he believed the EU’s insistence that agriculture be left out of trans-Atlantic trade negotiations was not set in stone, but EU Ambassador to the U.S. David O’Sullivan responded by saying agriculture could not be part of the talks if the two sides wanted a quick deal -- which President Trump and EU Commission President Jean-Claude Juncker have called for.

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November 28, 2018

U.S. Trade Representative Robert Lighthizer will examine how to “equalize” the tariffs the U.S. and China apply to each other’s automobile exports, he said on Wednesday.

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Sen. Rob Portman (R-OH), a member of the Senate Finance Committee and a former U.S. Trade Representative, on Wednesday said Mexico might not sign the U.S.-Mexico-Canada Agreement if the Trump administration does not lift its Section 232 tariffs on steel and aluminum.

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The U.S. and other World Trade Organization members this week raised numerous concerns with India' domestic support for agriculture, which India called flawed and untrue.

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