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Daily News

July 03, 2019

A delegation from the Office of the U.S. Trade Representative is slated to travel to India next week to resume trade talks that fell apart earlier this year, according to reports and sources.

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The U.S. Conference of Mayors this week called for changes to the text of the U.S.-Mexico-Canada Agreement -- largely mirroring Democratic concerns over labor, enforcement and environmental protections -- and for Congress to schedule a vote on the deal in 2019.

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The much-anticipated meeting between President Trump and Chinese President Xi Jinping last weekend resulted in an agreement to resume negotiations, a raft of questions about what comes next, and little substance, according to China analysts.

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July 02, 2019

The governments of India and Brazil this week joined others in blasting the Commerce Department’s proposal to use countervailing duties against trading partners that undervalue their currency relative to the dollar, calling it a blatant violation of World Trade Organization rules.

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Members of the Global Forum on Steel Excess Capacity will continue trying to reach consensus over the coming months, eyeing a renewal of the forum's mandate by November.

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Pointing to nearly 18 years of unsuccessful negotiations, the World Trade Organization Dispute Settlement Body Special Session chairman on Monday told members they should be working toward “doable” outcomes that move talks forward incrementally.

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July 01, 2019

The Office of the U.S. Trade Representative has issued a second list of European products that could be hit with higher duties in retaliation for subsidies the World Trade Organization has said the European Union illegally provides to Airbus for large civil aircraft.

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A group of 12 Ohio lawmakers is backing the maintenance of tariff-rate quotas on imports of large residential washers, which the Trump administration imposed last year under Section 201 of the Trade Act of 1974.

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The Commerce Department’s plans to use countervailing duties on trading partners that undervalue their currency relative to the U.S. dollar lack details on implementation and could afford the agency too much power, former government officials say.

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June 29, 2019

President Trump has agreed not to impose tariffs on more than $300 billion in Chinese goods as the U.S. and China continue trade talks, he said at the G20 summit in Japan, which ended with a joint communiqué aimed at addressing escalating trade tensions.

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June 28, 2019

India, South Africa and five other countries have proposed that World Trade Organization members consider additional flexibilities for developing members to meet their notification obligations, arguing that, given the difficulty of meeting current commitments, no new obligations should be considered.

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House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) this week raised the possibility of initiating a Section 301 investigation into Colombian labor practices, while other members of his caucus also called on the administration to take action.

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President Trump on Friday held several meetings with world leaders in Osaka, Japan, addressing a host of trade issues during a G20 summit that administration officials said was notable for its focus on World Trade Organization reform and digital economy coordination.

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World Trade Organization members pressed the U.S. this week on a recently announced second round of aid for farmers affected by trade disruptions as the U.S. outlined its agriculture expenditures for 2018 and 2019.

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June 27, 2019

The fight over the reauthorization of the Export-Import Bank promises to be just as contentious as it was the last time the bank's charter was due to expire, Senate Banking Committee Chairman Mike Crapo (R-ID) told Inside U.S. Trade on Thursday.

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Industry sources expect the Commerce Department’s Bureau of Industry and Security to issue an advance notice of proposed rulemaking on “foundational technologies” within the next two weeks, a move they hope will provide some clarity on how the agency will craft new export controls.

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India on Thursday prevailed in its challenge of tax and financial incentives provided by U.S. states to the renewable energy industry that are contingent on domestic content, according to a World Trade Organization Dispute Settlement Body panel report.

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June 26, 2019

A U.S. proposal for how to address special and differential treatment in the administration of tariff-rate quotas at the World Trade Organization has delayed a mandated TRQ review report, which members had expected to finish at Monday’s informal Committee on Agriculture meeting.

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The chair of the House Financial Services Committee, Rep. Maxine Waters (D-CA) on Wednesday postponed a markup of an Export-Import Bank reauthorization bill she is sponsoring along with ranking member Patrick McHenry (R-NC), after failing to win enough support.

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The administration “can make some changes” to the U.S.-Mexico-Canada Agreement to win Democratic votes, President Trump said on Wednesday, while House Ways & Means trade subcommittee chairman Earl Blumenauer (D-OR) said his caucus was “open” to negotiating how those adjustments could be made.

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