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Daily News

April 04, 2019

The Canadian International Trade Tribunal this week issued final safeguard recommendations for two of seven types of steel products, referring to U.S. Section 232 tariffs as an “unforeseen development” that has led to higher prices and changes in the global steel landscape.

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Two sets of business groups this week set out their goals for reforming the World Trade Organization, backing plurilateral talks on e-commerce, improved transparency, restoring the dispute settlement system and more input from the business community.

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April 03, 2019

Congressional Democrats believe President Trump’s threat to shut down the U.S.-Mexico border would hurt his administration’s push to get the U.S.-Mexico-Canada Agreement ratified, lawmakers told Inside U.S. Trade this week.

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European member states hope to agree next week on a compromise mandate authorizing the launch of limited trade talks with the United States after a meeting of ambassadors in Brussels on Wednesday left unresolved the question of whether to revoke the Commission’s existing mandate on the Transatlantic Trade and Investment Partnership.

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National Economic Council Director Larry Kudlow said on Wednesday that legislation aimed at reining in the president’s Section 232 authority will likely be vetoed, citing negotiation leverage among reasons to preserve the executive branch’s power.

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After meeting one-on-one with U.S. Trade Representative Robert Lighthizer on Tuesday, Congressional Progressive Caucus co-chair Mark Pocan (D-WI) said key changes must be made to the U.S.-Mexico-Canada Agreement itself if the Trump administration wants to gain the support of his contingent, which is one of the largest in Congress.

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April 02, 2019

Several first-term Democrats on Tuesday told U.S. Trade Representative Robert Lighthizer that biologics provisions in the U.S.-Mexico-Canada Agreement run counter to their goal of lowering drug prices in the U.S.

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Senate Finance Committee Chairman Chuck Grassley (R-IA) believes the administration will not give lawmakers its Section 232 report on autos because it could “embarrass” the administration, he said on Tuesday.

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Canadian Ambassador to the U.S. David MacNaughton on Tuesday said he recommends imposing dollar-for-dollar tariffs in response to the U.S. Section 232 duties on steel and aluminum, contending that a solution must be reached this month if the U.S.-Mexico-Canada Agreement is to be ratified this year.

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Democrats' concerns with U.S.-Mexico-Canada Agreement enforcement cannot be fixed in implementing legislation, House Speaker Nancy Pelosi (D-CA) said on Tuesday, suggesting that talks must be re-opened before NAFTA’s replacement can be passed by Congress.

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The Office of the U.S. Trade Representative's 2019 National Trade Estimate labels new digital services taxes and other digital practices in the European Union, Kenya, Saudi Arabia and India “key barriers to digital trade,” while reiterating concerns about with China and others.

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Democrats' concerns about enforceability in the U.S.-Mexico-Canada Agreement could be addressed by strengthening dispute settlement mechanisms via implementing legislation or a statement of administrative action, Mexico's former chief USMCA negotiator Kenneth Smith Ramos told Inside U.S. Trade.

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April 01, 2019

Some concerns with the U.S.-Mexico-Canada Agreement held by labor groups and Democratic lawmakers can be addressed via the deal's implementing legislation, AFL-CIO President Richard Trumka said on Monday, but he contended that enforcement issues likely could not be fixed without re-opening negotiations.

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Labor legislation under consideration in the Mexican Congress fails to meet the requirements of the U.S.-Mexico-Canada Agreement, according to a letter House Democrats Bill Pascrell (NJ) and Rosa DeLauro (CT) plan to send to U.S. Trade Representative Robert Lighthizer in the coming days.

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March 29, 2019

In its latest annual National Trade Estimate, released on Friday, the Office of the U.S. Trade Representative adds retaliatory tariffs imposed by trading partners to an extensive catalog of trade barriers it says U.S. businesses face around the world.

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Brazil on Thursday proposed a series of reforms to the World Trade Organization Appellate Body’s functioning, becoming the latest WTO member to offer solutions geared toward addressing many U.S. criticisms of the body’s systemic overreach.

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Rep. Rick Larsen (D-WA), co-chair of the Congressional U.S.-China Working Group, said this week that during a recent visit to China, officials there linked the passage of a foreign investment law to U.S. concerns about structural reforms.

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March 28, 2019

The United States and the European Union are both claiming a Thursday ruling by the World Trade Organization’s Appellate Body vindicates them in the long-running fight over subsidies to aircraft manufacturers.

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A compromise bill to limit the president's ability to impose national security trade restrictions likely will be introduced as an amendment to a larger, “must-pass” piece of legislation to improve its chances of avoiding a presidential veto, Sen. Pat Toomey (R-PA) said on Thursday.

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White House trade adviser Peter Navarro on Thursday called on Congress to end a “needless conundrum” facing the Export-Import Bank by confirming a quorum to the bank’s board.

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