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Daily News

September 17, 2019

With U.S. lobster exports to China down more than 80 percent since June 2018, Massachusetts lawmakers including Sen. Elizabeth Warren (D) are growing increasingly concerned about their state's industry, and asking for help in finding new markets.

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September 16, 2019

President Trump plans to use a mechanism allowed under a 2015 trade law to enter into a deal on “tariff barriers” with Japan, he told Congress on Monday, adding that the two sides would also sign an “executive agreement” on digital trade.

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The World Trade Organization has told the U.S. it may move ahead with retaliation against the European Union for its subsidization of airplane manufacturer Airbus, a move that could further entrench tensions between the two trading partners.

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Ex-Im Bank Advisory Committee Chairman Stevan Pearce last week decried the use of a continuing resolution as a vehicle for reauthorizing the bank’s charter -- an idea being floated by key lawmakers.

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Brazil and the U.S. are discussing “a very interesting” trade package as they inch closer to a broader agreement, according to a senior Brazilian official.

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September 13, 2019

After a series of meetings in Washington, DC, this week, Brazilian Minister of Foreign Affairs Ernesto Araújo on Friday said the country's trade relationship with the U.S. was “going forward very quickly.”

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World Trade Organization members this week did not show they were any closer to consensus in negotiations over restricting subsidies for illegal, unreported and unregulated fishing, which they had committed to finishing in December.

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Groups representing the outdoor industry and consumer technology companies incensed by the tariff volleys in the U.S.-China trade spat are calling on Congress to step in and reassert its authority on trade.

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September 12, 2019

The Office of the U.S. Trade Representative’s U.S.-Mexico-Canada Agreement counterproposal to House Democrats is being kept under wraps due to national security, House Ways & Means Committee Chairman Richard Neal (D-MA) told Inside U.S. Trade on Thursday.

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The U.S.-Mexico-Canada Agreement has bipartisan support and is likely to pass Congress this year, Democratic and Republican House lawmakers said on Thursday.

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House Ways & Means Committee trade panel leaders are circulating a letter urging the Trump administration not to lower the U.S. de minimis threshold as part of a renegotiated NAFTA, contending that doing so would override congressional authority.

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The U.S. ethanol industry says Brazil’s decision to expand its ethanol tariff-rate quota for the next market year, from 600 million liters to 750 million liters, is only a minor increase that falls far short of the industry’s request that U.S. ethanol exports to Brazil face zero tariffs.

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September 11, 2019

U.S. Trade Representative Robert Lighthizer on Wednesday submitted a formal counterproposal to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokesperson.

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Negotiations on bilateral trade deals, including with Japan, will remain in a “holding pattern” until the U.S.-Mexico-Canada agreement is ratified, Rep. Rick Larsen (D-WA) said this week.

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Several lawmakers on Tuesday said they were encouraged by an agreement in principle reached last month by Washington and Tokyo, but many are hungry for more information on next steps and scope, and some want the administration to submit the deal to Congress.

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India is blocking the appointment of the Brazilian ambassador to the World Trade Organization to serve as the new chair of the Negotiating Group on Rules, which is in the midst of contentious -- and time-sensitive -- negotiations on illegal, unreported and unregulated fishing subsidies, according to a Geneva source.

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Some key lawmakers are considering extending the Export-Import Bank’s charter by including reauthorization language in “must-pass” legislation, such as a continuing resolution to avoid a government shutdown, Senate Banking Committee members told Inside U.S. Trade on Tuesday.

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September 10, 2019

The next European Commission will consider sanctioning the U.S. for its trading practices if the World Trade Organization dispute settlement system is paralyzed at the hands of the Trump administration, according to a Sept. 10 letter from EU Commission President-elect Ursula Von der Leyen to Trade Commissioner-nominee Phil Hogan.

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The AFL-CIO disapproves of Mexico’s budget proposals for labor reform in 2020, a trade specialist with the union federation told Inside U.S. Trade.

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Deputy-level officials from the U.S. and China will meet in Washington, DC, next week to continue preparations for high-level talks next month, sources tell Inside U.S. Trade.

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