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Daily News

November 13, 2018

The Commerce Department's recent move to block U.S. companies from exporting some technologies to a Chinese semiconductor manufacturer came under fire from China this week during a meeting at the World Trade Organization.

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More than 20 World Trade Organization members, including the U.S., this week expressed concerns over the European Union's proposed changes to its tariff schedule once the United Kingdom exits the bloc next year.

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November 12, 2018

India is miscalculating and underreporting its domestic cotton support in violation of World Trade Organization rules, the U.S. alleged this week in a counternotification that also accuses the country of flouting its domestic support commitments.

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The Trump administration last week asked the Court of International Trade to dismiss a complaint filed by the American Institute for International Steel, which is questioning the constitutionality of the statute employed by the president to apply steep tariffs on steel imports.

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European trade ministers are hoping to give the European Commission a mandate to negotiate a trade deal with the United States by early 2019, EU officials said last week.

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November 09, 2018

While U.S. businesses are holding out hope that the U.S. and China will agree on at least “a deal to get a deal” when Presidents Trump and Xi Jinping meet at the G20 summit in Buenos Aries at the end of this month, a tight timetable, coupled with what some see as a lack of sufficient preparation for the talks, has muted industry expectations for a substantive outcome.

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White House trade adviser Peter Navarro on Friday accused Wall Street “billionaires” of acting as “unpaid foreign agents” on behalf of the Chinese government because they are trying to convince the White House to broker a deal with Beijing at the G20 summit in Argentina this month.

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November 08, 2018

U.S. Trade Representative Robert Lighthizer is considering opening an investigation into Chinese labor practices, eyeing the use of the Section 301 statute already employed to justify massive tariffs on Chinese goods, sources tell Inside U.S. Trade.

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National Foreign Trade Council President Rufus Yerxa said Thursday that the business community supports the new U.S.-Mexico-Canada Agreement and indicated the group would begin its lobbying efforts on behalf of the deal soon.

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European officials this week stressed that proposals for taxes on digital services, which U.S. companies and trade groups have labeled as potential trade barriers and violations of World Trade Organization rules, would include a sunset clause that would terminate the taxes if a multilateral solution was reached.

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November 07, 2018

In the wake of the midterm elections that flipped control of the House to Democrats, analysts see a bumpy, but still ultimately successful, path to ratification for the new U.S.-Mexico-Canada Agreement.

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Germany’s ambassador to the U.S. on Wednesday said it will be “very difficult” for the European Commission to obtain a mandate from the EU member states to negotiate a free trade agreement with the U.S., though she believes a consensus on a mandate is possible.

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The Commerce Department on Wednesday announced affirmative final determinations against imports of Chinese aluminum sheet, advancing antidumping and countervailing duty investigations that were self-initiated by the agency last November.

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While Tuesday's election results largely followed conventional wisdom, with Democrats winning a House majority and taking some tough losses in the GOP-led Senate, the Republican House losses mean an overhaul of the Ways & Means Committee is coming, with major implications for trade.

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Business and technology groups have zeroed in on data localization requirements and other unilateral policies as significant trade barriers warranting attention in the next National Trade Estimate.

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November 06, 2018

The U.S.-Mexico-Canada Agreement could give U.S. poultry and egg producers less access to the Canadian market than Ottawa offered in the Trans-Pacific Partnership, and in one case less than what the industry enjoys under NAFTA, Inside U.S. Trade has learned.

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Advisers to the Office of the U.S. Trade Representative are asking the administration to clarify the intent behind the inclusion of a non-market economy clause included in the U.S.-Mexico-Canada Agreement, with some calling for the termination of such a provision before a deal is finalized.

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Key advisory committees to the Office of the U.S. Trade Representative have revised their comments on the U.S.-Mexico-Canada Agreement following Canada's last-minute addition to the deal, praising the trilateral conclusion but singling out additional provisions they think warrant more consideration.

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November 05, 2018

The U.S. Chamber of Commerce contends that while the U.S.-Mexico-Canada Agreement is an improvement over the original NAFTA in some areas, several of its provisions should not be “viewed as precedents” for future trade deals.

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Investment language in the U.S.-Mexico-Canada Agreement should not be used as the basis for provisions in future deals because it promises less protection than NAFTA, industry representatives said last week.

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