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Daily News

June 06, 2019

Citing China's economic practices, industry group leaders this week called on lawmakers to reauthorize the Export-Import Bank and expand its authority.

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June 05, 2019

The U.S. and Mexico have yet to resolve a dispute over immigration that President Trump has tied to blanket tariffs on Mexican goods, Foreign Affairs Secretary Marcelo Ebrard said on Wednesday.

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TSUKUBA, JAPAN – U.S. and Japanese trade officials will hold working-level meetings in Washington, DC, beginning next Monday, a Japanese official told Inside U.S. Trade.

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India and South Africa argued this week that the World Trade Organization moratorium on customs duties for electronic transmissions is costing developing countries billions of dollars in revenue.

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China this week proposed new rules that would allow World Trade Organization members to choose one of three spending caps to limit fisheries subsidies and establish “green box” fisheries subsides without explicitly banning subsidies that contribute to illegal, unreported and unregulated fishing.

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June 04, 2019

In a draft statement of administration action on the U.S.-Mexico-Canada Agreement sent to Congress last week, the Trump administration suggested the frequent use of Section 301 as a means of enforcing the deal while leaving several issues, including those flagged by Democrats as major concerns, as open “for discussion.”

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In response to a recent push from the Justice Department to stifle a potential Section 232 challenge at the Supreme Court, the American Institute for International Steel claims the public interest would be “better served” by the court’s prompt review.

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Republican senators told Trump administration officials that they were considering a disapproval resolution to block tariffs President Trump has threatened to impose on Mexico, lawmakers said after meeting with the officials on Tuesday.

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Mexican Foreign Affairs Secretary Marcelo Ebrard on Tuesday said there was a strong chance the U.S. and Mexico could strike an agreement on immigration issues ahead of threatened tariffs on Mexican imports, but President Trump, in London, contended “it’s more likely that the tariffs go on."

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June 03, 2019

Agriculture Secretary Sonny Perdue on Monday had what he called a “good discussion” with his Mexican counterpart about new tariffs threatened last week by President Trump, as agriculture groups and key lawmakers warned the costs to an already reeling industry could be steep.

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If the United States moves ahead with plans to impose tariffs on Mexican imports, Mexico’s first recourse will be to seek the help of the international community, Economy Secretary Graciela Márquez Colín said on Monday.

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President Trump last week signed a proclamation to terminate Generalized System of Preferences eligibility for India, a move opposed by prominent business associations and many on Capitol Hill who have called for further talks between the two governments.

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May 31, 2019

Senate Finance Chairman Chuck Grassley (R-IA) has come out against President Trump’s decision to impose tariffs on Mexican goods, citing concern over the ratification of the U.S.-Mexico-Canada Agreement, while the U.S. Chamber of Commerce said it was considering a legal challenge to the move.

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The Office of the U.S. Trade Representative believes a trade deal with Europe completed under the terms laid out last year by President Trump and European Commission President Jean-Claude Juncker would lead to an increase in the U.S. trade deficit with the EU, a concern that is complicating bilateral talks with Brussels, according to EU sources.

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In response to President Trump’s decision to impose tariffs on all goods from Mexico, Mexican President Andrés Manuel López Obrador called for the two sides to “deepen the dialogue” on immigration issues, beginning with a high-level meeting on Friday.

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May 30, 2019

The president said he was “invoking the authorities granted to me by the International Emergency Economic Powers Act” to impose the duties, which will begin at 5 percent on June 10.

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U.S. Trade Representative Robert Lighthizer plans to send a draft statement of administrative action required on the U.S.-Mexico-Canada Agreement to Congress on Thursday, sources told Inside U.S. Trade, starting the 30-day clock allowing for the submission of final implementing legislation to Capitol Hill.

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U.S. Trade Representative Robert Lighthizer on Thursday sent lawmakers a draft statement of administrative action on the U.S.-Mexico-Canada Agreement, starting the 30-day clock allowing for the submission of final implementing legislation to Capitol Hill.

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China claimed this week the Trump administration’s ban on U.S. companies doing business with Shenzhen-based electronics giant Huawei was an abuse of the WTO’s national security exception.

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If the Appellate Body impasse at the World Trade Organization is not resolved, the paralysis of the appeals process come December could extend to the whole dispute settlement system and cause even more chaos, a WTO official and Appellate Body members warned this week.

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