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Daily News

March 26, 2021

Former Google CEO Eric Schmidt on Thursday warned that China could soon displace the United States as the world’s technological leader, threatening U.S. values and the American way of life.

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March 25, 2021

Brazil is focused on near-term opportunities to advance bilateral relations with the U.S. -- including the addition of digital trade to a limited arrangement announced last year -- while it continues to push for a comprehensive bilateral agreement, Brazilian officials said on Thursday.

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The U.S. and India have agreed to “revitalize engagement” via the U.S.-India Trade Policy Forum, inactive since 2018, pledging on Thursday to hold a ministerial-level meeting this year.

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The four World Trade Organization deputy directors-general will leave their posts at the end of the month, their tenures expiring following the appointment of a new director-general.

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Ecuador’s upcoming change in administration will not alter the country’s focus on bolstering trade with the U.S., a senior Ecuadorian trade official who met with U.S. lawmakers and interest groups this week tells Inside U.S. Trade.

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March 24, 2021

The U.S. should roll back “unwarranted, ineffective and self-defeating” tariffs imposed by the Trump administration, a coalition of 37 trade associations representing business and agriculture interests said on Wednesday.

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U.S. and European leaders should not waste the window they have in the coming years to solidify the trans-Atlantic relationship and reshape – and revitalize – the deep economic ties to ensure they continue to be the foundation of the global economy, analysts argued on Wednesday.

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Mexican migrant women on Tuesday filed the first labor dispute under the U.S.-Mexico-Canada Agreement, contending sex-based discrimination in recruitment and hiring processes for U.S. jobs bar them from obtaining necessary work visas.

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March 23, 2021

An interim final rule allowing the Commerce Department to block information and communications technologies and services transactions involving “foreign adversaries” could hamper U.S. competitiveness and innovation and fail to protect the ICTS supply chain as intended, industry groups have warned in comments to the rule.

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Prospects for renewing the African Growth and Opportunity Act, a 20-year-old U.S. preferential trade agreement due to expire in 2025, look stronger with President Biden in office, analysts say, though the trade preference program could be significantly modified if the U.S. continues a shift toward reciprocal trade agreements on the continent.

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The U.S. should forge a realistic plan to compete with China in developing new technologies and move away from trying to dominate or rein in the country’s rise, House Armed Services Committee Chairman Adam Smith (D-WA) said on Monday.

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March 22, 2021

Newly installed U.S. Trade Representative Katherine Tai on Monday took her first step toward meeting the Biden administration’s goal of better trans-Atlantic ties, speaking with her European and British counterparts about how to resolve aircraft subsidy disputes and how trade policy can combat climate change, as well as issues related to China and cooperation on World Trade Organization reform.

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U.S. Trade Representative Katherine Tai and Canada’s top trade official on Monday agreed to hold a U.S.-Mexico-Canada Agreement Free Trade Commission meeting soon, USTR said following Tai’s first virtual meeting with an international counterpart.

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A broad coalition of U.S. agricultural groups on Monday welcomed new U.S. Trade Representative Katherine Tai by sending her and Agriculture Secretary Tom Vilsack a lengthy, detailed list of complaints about a “quickly deteriorating trade relationship” with Mexico.

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March 19, 2021

Senior U.S. and Chinese officials held a “very candid” discussion on a range of issues, including trade and technology, during their first in-person meeting in Alaska, Secretary of State Antony Blinken said on Friday.

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SK Innovation Board of Directors Chairman Kim Jong-hoon was in Washington, DC, this week to deliver an ultimatum to the Biden administration: Overturn the U.S. International Trade Commission’s ban on SKI imports of electric battery vehicle components or lose billions in investment, Kim told Inside U.S. Trade on Thursday.

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The U.S. has appealed – to a non-functioning Appellate Body – a World Trade Organization dispute panel report that faulted the Commerce Department for improperly calculating antidumping and countervailing duties on some Korean goods, just ahead of a meeting where members were set to adopt the ruling.

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The global push to address climate change is “on a collision course” with the international trading system unless World Trade Organization members can get out ahead of the issue, analysts said this week.

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March 18, 2021

The first woman of color to serve as vice president on Thursday swore in the first woman of color to serve as U.S. Trade Representative.

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Two key Democratic congressmen are calling for stronger enforcement measures against seafood imports caught through illegal, unreported and unregulated fishing after the U.S. International Trade Commission released a report that found 11 percent of U.S. seafood imports are derived via illicit means.

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