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Daily News

January 29, 2019

Industry groups on Tuesday said a future trade agreement with a post-Brexit United Kingdom should build off language in the U.S.-Mexico-Canada Agreement, particularly its e-commerce and regulatory provisions.

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The British Parliament on Tuesday passed an amendment to Prime Minister Theresa May’s Brexit deal that requires her to renegotiate a backstop provision despite EU officials' insistence that they would not re-open the agreement EU leaders approved in December.

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House Ways & Means Committee ranking member Kevin Brady (R-TX) on Tuesday suggested that Congress would not consider the U.S.-Mexico Canada Agreement until steel and aluminum restrictions are lifted.

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U.S. and Indian officials are continuing to discuss a range of trade issues with an eye toward some type of agreement following India's upcoming elections, though an official U.S.-India Trade Policy Forum meeting remains unscheduled, according to sources.

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January 28, 2019

China this week escalated its World Trade Organization dispute with the U.S. over Section 301 tariffs on $250 billion worth of Chinese goods as the U.S. continued to challenge other countries’ retaliation for its Section 232 tariffs on aluminum and steel.

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Sens. Pat Toomey (R-PA) and Mark Warner (D-VA), along with Wisconsin Reps. Mike Gallagher (R) Ron Kind (D), this week will introduce legislation to boost congressional trade powers by amending Section 232 of the Trade Expansion Act of 1962.

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January 25, 2019

Sen. Pat Toomey (R-PA) is preparing to pitch new legislation that would compel the president to obtain congressional approval and greater Pentagon input before imposing national security-based trade restrictions.

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Trade ministers meeting in Davos, Switzerland, this week said they want to make “significant progress” on World Trade Organization reform before a June G20 meeting in Japan.

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More than 70 countries, including the U.S., China, the European Union and Japan, confirmed on Friday their plan to begin World Trade Organization negotiations on electronic commerce.

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January 24, 2019

A group of World Trade Organization members will not announce the formal launch of plurilateral e-commerce negotiations on Friday in Davos, Switzerland, as had been expected, industry sources told Inside U.S. Trade.

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Members of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership last week agreed to accession guidelines for new members, prompting renewed calls for the U.S. to rejoin the deal.

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Deputy U.S. Trade Representative C.J. Mahoney on Wednesday urged mayors across the country to help expedite the ratification of the U.S.-Mexico-Canada Agreement.

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January 23, 2019

A push led by the Office of the U.S. Trade Representative to conduct trade talks with the European Union in stages could allow the U.S. and EU to sidestep a politically fraught debate over whether to include agriculture in the scope of an initial agreement, sources tell Inside U.S. Trade.

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Following a meeting with U.S. Trade Representative Robert Lighthizer last week, Reps. Dan Kildee (D-MI) and Ron Kind (D-WI) said on Wednesday that a path forward for the U.S.-Mexico-Canada Agreement remained murky, in part because the three countries have yet to resolve disputes over U.S. steel and aluminum tariffs.

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South Korea should be prepared to challenge national security-based import restrictions on Korean autos and auto parts at the World Trade Organization and elsewhere because such duties are “not logical,” a former senior Korean trade official said on Wednesday.

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January 22, 2019

Honduras has put forward a handful of World Trade Organization Appellate Body reform proposals in new communications that address two major U.S. concerns -- panelists who continue to work on appeals after their terms are finished and the court's inability to meet deadlines.

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The U.S. Chamber of Commerce and the American Chamber of Commerce in China have released a sweeping set of recommendations for how U.S. officials might address “Made in China 2025” concerns and secure a “properly” crafted agreement with Beijing.

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January 18, 2019

A Turkish steel manufacturer is challenging the administration’s decision last August to ratchet up Section 232 tariffs on steel from Turkey, arguing the action fell outside of the president’s powers under the 1962 Trade Expansion Act and asking to be repaid.

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In a draft negotiating mandate published on Friday, the European Union said a trade deal on industrial goods could not be struck with the U.S. until Section 232 tariffs on steel and aluminum were lifted and Washington agreed not to impose such tariffs on autos and auto parts, or levy Section 301 tariffs on the EU.

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A subsidiary of a major Turkish steel manufacturer is challenging the administration’s decision last August to ratchet up Section 232 tariffs on steel from Turkey, arguing the action fell outside of the president’s powers under the 1962 Trade Expansion Act and asking to be repaid.

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