Reps. Tom Reed (R-NY) and Will Hurd (R-TX) said this week that Trump administration officials have told them a U.S.-China deal is close, giving them hope that a comprehensive deal could be reached before debate over the U.S.-Mexico-Canada Agreement begins in earnest.
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Daily News
March 28, 2019
National Economic Council Director Larry Kudlow on Thursday said trade talks between the U.S. and China could drag on for weeks or months as the U.S. works to ensure a “great deal” can be made.
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March 27, 2019
Despite mounting enforcement concerns among Democrats, several Republican lawmakers said this week that the U.S.-Mexico-Canada Agreement should be passed by the summer.
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Negotiations for a final bill to amend Section 232 of the Trade Expansion Act of 1962 are “going very well” at the staff level, Senate Finance Chairman Chuck Grassley (R-IA) said on Wednesday.
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As the Global Forum on Steel Excess Capacity meets in Paris this week, the Congressional Steel Caucus on Tuesday heard from domestic companies that want the U.S. to maintain robust Section 232 tariffs.
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March 26, 2019
A World Trade Organization Dispute Settlement Body meeting scheduled for Tuesday was postponed as the U.S. and other members, in an unusual move, objected to an agenda item put forward by a representative from Venezuelan President Nicolás Maduro’s government, which the U.S., among others, does not recognize.
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Labor group representatives on Tuesday offered lawmakers suggestions for how the U.S.-Mexico-Canada Agreement could be reworked to include sufficient labor enforcement mechanisms, with the AFL-CIO pitching an option that would give citizens standing to sue governments if the deal's dispute settlement process went awry.
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After fielding several concerns from Democratic lawmakers, the Office of the U.S. Trade Representative on Monday rebutted claims that provisions in the U.S.-Mexico-Canada Agreement would lead to higher drug prices for U.S. consumers.
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Citing overcapacity concerns, Mexican President Andrés Manuel López Obrador on Monday issued a decree raising tariffs on steel from all countries that do not have a free trade agreement with Mexico.
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March 25, 2019
The U.S. and Australia have floated a three-tiered system of subsidy caps in World Trade Organization negotiations on fisheries subsidies, according to a proposal made public on Monday.
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The Court of International Trade on Monday ruled that President Trump's imposition of steel tariffs based on national security was constitutional, though one of the three judges filed a separate opinion outlining “grave” concerns.
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March 22, 2019
For the first time since the conclusion of the Section 232 probe into steel and aluminum imports, the United Steelworkers is calling for the removal of tariffs and quotas on Canada ahead of the U.S.-Mexico-Canada Agreement's ratification, with sources suggesting that President Trump's push for quotas has not been mollified.
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As Mexico's government works to implement a package of labor reforms called for in the U.S.-Canada-Mexico Agreement, several different proposals are under consideration in the Mexican Congress -- and opposition in the business community is mounting.
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The U.S. is winning more World Trade Organization cases because of the Trump administration's “America First” approach to trade, President Trump said on Thursday.
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March 21, 2019
U.S. tomato growers say they face declining production and employment because of lower-priced fresh tomatoes entering the market from Mexico, while Mexican producers counter that U.S. growers, particularly in Florida, are facing difficulties because they have not kept up with infrastructure investments and product diversification.
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This week’s meeting between President Trump and Brazilian President Jair Bolsonaro yielded a host of potential benefits for both sides that go beyond trade, analysts said on Wednesday.
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March 20, 2019
As discussions on how to resolve a Section 232 tariff dispute with Canada and Mexico continue, sources say a host of factors could keep the restrictions in place for some time, with President Trump insisting that quotas or tariffs be applied despite pushback from both countries and the prospect of further complications for the U.S.-Mexico-Canada Agreement.
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Imports of fabricated structural steel from Canada, Mexico and China could be harming domestic producers, the U.S. International Trade Commission ruled in a preliminary determination this week, allowing the Commerce Department to continue to investigate and, possibly, impose anti-dumping and countervailing duties.
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U.S. Trade Representative Robert Lighthizer is slated to meet with the Business Roundtable’s trade panel on Thursday to discuss the status of the U.S.-China talks, according to the group’s president and CEO, Joshua Bolten.
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March 19, 2019
The Office of the U.S. Trade Representative expects to host eight negotiating rounds in fiscal year 2020, according to a budget justification document released on Tuesday.
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