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Daily News

November 13, 2019

The World Trade Organization’s systemic issues won’t be solved by the next ministerial conference in June 2020, the international body’s deputy director-general said Wednesday -- but 2025 is a “not unreasonable” deadline for a reformed WTO.

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November 12, 2019

The Justice Department has requested a 90-day stay of a Court of International Trade ruling ordering the U.S. to vacate 2017 amendments to sugar suspension agreements with Mexico while the Commerce Department solicits comments on identical suspension agreements to those defeated amendments, according to a sugar industry group.

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The U.S. will increase tariffs on China if the two sides do not close on a phase-one deal, President Trump said on Tuesday.

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A compromise bill crafted to curb presidential tariff authorities spearheaded by Senate Finance Committee Chairman Chuck Grassley (R-IA) won’t be put before the panel before the U.S.-Mexico-Canada Agreement is passed by Congress, the chairman said on Tuesday.

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More than a dozen World Trade Organization members, including the U.S., last week criticized the European Union in Geneva for lowering some of its maximum residue levels for a variety of pesticides used largely for producing citrus fruits and bananas.

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November 11, 2019

The U.S. could convince China to eliminate tariffs on U.S. agricultural goods if it revoked at least some of the tariffs it imposed in September on roughly $112 billion worth of Chinese goods, analysts say.

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World Trade Organization members have approved a new chair for the Negotiating Group on Rules, the venue for negotiations on how to curb subsidies for illegal, unreported and unregulated fishing, after the group went months without one.

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November 08, 2019

Data-protection legislation expected to be introduced this month in the Indian Parliament “could really set back” a potential U.S.-India trade agreement, a former U.S. trade official said on Thursday, ahead of a much-anticipated meeting between Indian Commerce Minister Piyush Goyal and U.S. Trade Representative Robert Lighthizer.

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House Agriculture Committee Chairman Collin Peterson (D-MN) believes the U.S.-Mexico-Canada Agreement could “move” as soon as next week.

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NEW YORK -- Alan Wolff, the World Trade Organization's deputy director-general, this week said a shutdown of Geneva’s appeals system, expected next month, will spark “pure chaos."

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NEW YORK -- Alan Wolff, the World Trade Organization's deputy director-general, this week said a shutdown of Geneva’s appeals system, expected next month, will spark “pure chaos."

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NEW YORK -- Alan Wolff, the World Trade Organization's deputy director-general, this week said a shutdown of Geneva’s appeals system, expected next month, was unlikely to spark “pure chaos,” as some have feared.

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The Trump administration’s refusal to allow new judges to join the World Trade Organization’s Appellate Body is needed to force essential reforms in Geneva, Sen. Rob Portman (R-OH) told Inside U.S. Trade this week.

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November 07, 2019

The Mexican Embassy in the U.S. is targeting first-term Democratic lawmakers in its efforts to ensure the ratification of the U.S.-Mexico-Canada Agreement, the Mexican ambassador to the U.S. said on Thursday.

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The Office of the U.S. Trade Representative is pushing auto companies to commit that all of their output -- even autos manufactured and sold within the U.S. -- will meet U.S.-Mexico-Canada Agreement regional value requirements, tying the demand to requests for longer transition periods for complying with USMCA auto rules of origin, sources tell Inside U.S. Trade.

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NEW YORK -- White House trade adviser Peter Navarro and former USTR General Counsel Stephen Vaughn this week said the U.S. was open to working with other countries to rein in Chinese trade behavior, but contended that multilateral efforts have often proven too slow and inefficient and questioned whether some key allies would be helpful in confronting Beijing.

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The United States has agreed to eliminate some of the tariffs it has placed on roughly $360 billion worth of Chinese goods as part of a phase-one deal with China, a Ministry of Commerce spokesman said on Thursday.

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November 06, 2019

NEW YORK -- White House trade adviser Peter Navarro on Wednesday said the chances of getting the U.S.-Mexico-Canada Agreement passed this year were “dwindling” due in large part to the ongoing impeachment inquiry initiated by House Democrats.

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A final Organization for Economic Cooperation and Development framework addressing the tax challenges of the digital economy will include language mandating that countries lift any unilateral digital services tax provisions, a business group representative said on Wednesday.

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Brazil is ready for a “new generation of trade agreement” with the U.S. akin to the U.S.-Mexico-Canada agreement, a Brazilian official said on Tuesday.

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