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Daily News

September 05, 2019

The Office of the U.S. Trade Representative has been instructed to draft text for a partial trade deal with India that the administration hopes to announce at the United Nations General Assembly summit later this month, Inside U.S. Trade has learned.

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Mexican Ambassador to the U.S. Martha Bárcena on Wednesday suggested that Mexico, Canada and the U.S. take preparatory steps toward establishing a dispute-settlement roster for the U.S.-Mexico-Canada Agreement ahead of U.S. ratification, recognizing some U.S. lawmakers' concerns over the deal's enforceability.

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Under pressure from the U.S., South Korea is preparing to abandon its status as a developing country at the World Trade Organization, the government said on Wednesday.

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September 04, 2019

The Trump administration has put too much pressure on China's leaders to enact reforms, strengthening the hand of hardline Communist party officials who favor state control over economic reforms and blowing an opportunity to compel Beijing to open its markets, analysts said at a U.S.-China Economic and Security Review Commission hearing on Wednesday.

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As Congress prepares to return to work next week following a lengthy recess, the Office of the U.S. Trade Representative has yet to submit formal, comprehensive counterproposals to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokeswoman.

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LINCOLN, NE -- If the U.S.-Mexico-Canada Agreement manages to pass a divided Congress, it will be thanks in large part to the U.S. agriculture industry, a politically crucial constituency that has almost universally supported and lobbied aggressively for the new deal even as many farmers and other producers acknowledge it will mostly preserve the status quo.

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September 03, 2019

Sen. Pat Toomey (R-PA) will not vote for the U.S.-Mexico-Canada Agreement in its current form, he said on Tuesday, adding it was “very unlikely” any changes could be made to the pact to win his support.

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The Office of the U.S. Trade Representative has asked the U.S. International Trade Commission to initiate a fact-finding investigation into sanitary and phytosanitary barriers to U.S. agriculture exports.

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August 30, 2019

The U.S. claims that China’s imposition of retaliatory tariffs means the two parties have reached their own resolution to Beijing’s challenge of U.S. Section 301 tariffs at the World Trade Organization, according to the first U.S. written submission in the case.

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Following a recent spate of comments from President Trump about trade dealings with Brazil, senior administration officials were set to meet on Friday with a Brazilian delegation in Washington, DC, the White House told Inside U.S. Trade.

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AUBURN, NE – Representatives of Nebraska farm groups put the frustration of their members front and center on Thursday in a public event with Rep. Adrian Smith (R-NE), calling on Congress and the administration to address trade concerns and pursue additional markets 

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August 29, 2019

China is reluctant to target U.S. businesses operating there because it does not want to diminish foreign companies' interest in investing in the Chinese market, but heightened U.S.-China trade tensions are still disadvantaging U.S. companies, according to the U.S.-China Business Council.

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AFL-CIO President Richard Trumka and a delegation of U.S. labor leaders are set to visit Mexico City next week to seek “guarantees” from President Andrés Manuel López Obrador and other officials that Mexico will uphold its obligations and dedicate necessary resources outlined in the U.S.-Mexico-Canada Agreement.

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YORK, NE -- Rep. Adrian Smith (R-NE), a member of the House Ways & Means Committee, said on Wednesday that he believes the U.S.-Mexico-Canada Agreement has enough support in the House to pass if and when it comes to a vote.

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August 28, 2019

The U.S. logistics giant UPS is pushing for countries to add language to their General Agreement on Trade in Services schedules that would commit them to banning gender discrimination, according to a top executive.

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The U.S. showed “last-minute flexibility” and a willingness to lower tariffs on some industrial goods in negotiations with Japan, which led to the agreement in principle announced by the U.S. on Saturday, according to sources familiar with the negotiations.

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The Democratic Republic of Congo is asking the Office of the U.S. Trade Representative to restore its benefits under the African Growth Opportunity Act, claiming its new administration has made progress in addressing the political corruption and human rights violations that led USTR to revoke its AGOA eligibility in 2011.

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August 27, 2019

The United States’ $33.8 billion trade surplus with Hong Kong was its largest balance with any trading partner in 2018, but that relationship could be in peril if China’s military moves to quell protests in the city, according to analysts.

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DES MOINES, IA -- A burgeoning deal with Japan would account for 90 percent of what U.S. agriculture producers lost when the U.S. pulled out of the Trans-Pacific Partnership, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Monday.

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August 26, 2019

Business Roundtable President and CEO Josh Bolten on Sunday called President Trump’s order to U.S. companies to leave China an erroneous implication that decoupling from China would be beneficial for the U.S.

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