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Daily News

March 19, 2019

President Trump on Tuesday said the U.S. government would formally support Brazil's accession to the Organization for Economic Cooperation and Development and, in return, the Brazilian president said his country would forgo seeking special and differential treatment in World Trade Organization negotiations.

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After meeting with U.S. Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross, Brazilian Economy Minister Paulo Guedes said on Monday that Brazil was ready to open its markets in exchange for a strategic partnership with the U.S.

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March 18, 2019

The World Trade Organization agriculture negotiations chair last week told members his goal for the group is to develop options by the end of the summer that could serve as the basis for negotiations, which he hopes will lead to an agreement on an incremental package by the next ministerial conference in June 2020, according to a Geneva trade official.

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March 15, 2019

New conditions for trade talks with the United States could be added to negotiation mandates under consideration by European Union member states, including provisions on climate and the revocation of the EU Commission’s mandate for the Transatlantic Trade and Investment Partnership, according to EU sources.

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U.S. Trade Representative Robert Lighthizer has the authority to negotiate a trade deal with China without congressional approval, analysts say, but some elements of the pact taking shape could run afoul of World Trade Organization rules.

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Months after the signing of a revised U.S.-Korea Free Trade Agreement, the Office of the U.S. Trade Representative is requesting consultations with Seoul over concerns about practices endorsed by the Korea Free Trade Commission and changes the country is mulling to its monopoly law.

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March 14, 2019

The largest U.S. labor federation is calling for significant changes to the U.S.-Mexico-Canada Agreement and warning that if the deal is voted on “prematurely,” it will mobilize opposition forces as it did for prior free trade agreements.

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The European Parliament on Thursday failed to pass a resolution outlining recommendations to the European Commission and EU member states on trade talks with the U.S. after a series of close votes on amendments that added language calling on member states to reject proposed mandates on industrial goods and conformity assessments.

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Reps. Terri Sewell (D-AL) and Fred Upton (R-MI) on Wednesday introduced a bill that would direct the International Trade Commission to conduct an in-depth analysis of how tariffs on autos would impact the U.S. economy before any duties could be imposed  under Section 232 of the Trade Expansion Act of 1962.

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Mexico’s top economic and labor officials arrived in Washington, DC, on Wednesday to discuss the U.S.-Mexico-Canada Agreement and Section 232 issues with the Office of the U.S. Trade Representative and Capitol Hill, Inside U.S. Trade has learned.

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March 13, 2019

A handful of Democrats on Wednesday called a meeting with U.S. Trade Representative Robert Lighthizer generally constructive, but most said the U.S.-Mexico-Canada Agreement did not yet have enough support to pass.

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U.S.-based and international business groups in favor of delaying Brexit on Wednesday applauded the British Parliament’s vote against leaving the European Union without a deal even though the result leaves the prospect of a U.S.-UK deal increasingly uncertain.

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While India-focused business groups are hoping the U.S. and India can come to an agreement before the U.S. terminates India’s benefits under the Generalized System of Preferences, analysts see little chance of a deal in the next 60 days.

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March 12, 2019

Several members of the New Democrat Coalition said on Tuesday that while significant concerns about the U.S.-Mexico-Canada Agreement remain, they hope to ensure the deal is passed before an August recess.

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British Prime Minister Theresa May’s negotiated Brexit deal is likely dead for good after a 149-vote loss in Parliament on Tuesday, setting up further votes in Parliament this week on whether the United Kingdom will proceed with a no-deal exit or if the UK will attempt to delay Brexit.

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Blocking the appointment or reappointment of members to the World Trade Organization’s Appellate Body is the only way for the U.S. to gain leverage in pushing for reforms, U.S. Trade Representative Robert Lighthizer told the Senate Finance Committee on Tuesday.

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Any U.S.-China trade deal on tariffs and trade barriers will mandate that China not competitively devalue its currency and include enforceable transparency requirements, U.S. Trade Representative Robert Lighthizer told the Senate Finance Committee on Tuesday.

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Any legislation modifying the president’s authority to impose national security-based tariffs must establish clear guidelines and distribute adequate resources to the U.S. International Trade Commission if the agency is given a role, ITC Commissioner Jason Kearns said last Friday.

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Any legislation modifying the president’s authority to impose national security-based tariffs must establish clear guidelines and distribute adequate resources to the U.S. International Trade Commission if the agency is given a role, ITC Commissioner Jason Kearns said last Friday.

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March 11, 2019

Heightened U.S. complaints about the development status of some World Trade Organization members could complicate ongoing negotiations over fisheries subsidies and plurilateral talks on e-commerce, according to Geneva sources.

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