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Daily News

December 17, 2018

China on Monday admitted it has in the past exceeded its agricultural domestic support limits, but said it had eliminated the programs that led to those violations, according to notifications made to the World Trade Organization.

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Members of the World Trade Organization on Monday implored the United States to show leadership in helping to reform the organization it was instrumental in founding rather than play a disruptive role that has led some to believe the WTO is headed toward permanent paralysis.

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The European Parliament think thank, in an assessment of how the U.S.-Mexico-Canada Agreement will impact European companies, is contending that some provisions of the deal might not be in compliance with World Trade Organization rules.

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December 14, 2018

Incoming Senate Finance Committee Chairman Chuck Grassley's top trade priority in the next Congress will be the ratification of the U.S.-Mexico-Canada Agreement, the Iowa Republican told Inside U.S. Trade this week.

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Business and technology groups want the Office of the U.S. Trade Representative to address problematic digital services tax proposals recently pitched by the European Union, as well as longstanding regulatory cooperation issues with the bloc.

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Several agriculture groups are calling for market access and sanitary and phytosanitary regulation language like that in the U.S.-Mexico-Canada Agreement to be included in a U.S.-European Union trade deal, with one suggesting a World Trade Organization challenge could be coming if thorny issues are not ironed out during negotiations.

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GENEVA -- Some World Trade Organization members -- including China -- are linking progress on reforms in areas like state-owned enterprises, industrial subsidies and forced technology transfer to talks on agricultural subsidies, which have long been deadlocked at the WTO, according to Geneva sources.

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The U.S. is perfectly positioned to extract concessions from Beijing as the next 90 days progress, Clete Willems, the deputy assistant to the president for international economics, argued on Thursday.

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December 13, 2018

Clete Willems, the deputy assistant to the president for international economics and the U.S. “Sherpa” at this year's G20 leaders summit, on Thursday touted what he called a historic communiqué from the leaders and asserted that the U.S. was more committed to the multilateral trading system than ever before.

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Clete Willems, the deputy assistant to the president for international economics and the U.S. “Sherpa” at this year's G20 leaders summit, on Thursday touted what he called a historic communiqué from the leaders and asserted that the U.S. was not turning its back on the multilateral trading system.

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Amid the day-to-day drama and uncertainty surrounding the United Kingdom's exit from the European Union, the U.S. has continued to clear procedural hurdles to make way for a U.S.-UK free trade deal -- but the the amount of trade that could be addressed in future talks is entirely dependent on the UK-EU relationship, analysts say.

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Mexican legislation to establish labor reforms called for in the U.S.-Mexico-Canada Agreement is unlikely to be passed before a Jan. 1 deadline included in the pact, leaving sources and lawmakers questioning whether the timing of the deal’s entry into force might be impacted.

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December 12, 2018

GENEVA -- The U.S. ambassador to the World Trade Organization on Wednesday blasted proposed Appellate Body reforms advanced by the European Union, China and others, saying they endorse the very practices the U.S. has repeatedly complained about.

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The U.S. on Tuesday announced its intent to sign a covered agreement with the United Kingdom on insurance and reinsurance measures, an extension of a U.S.-European Union deal for a post-Brexit relationship.

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Sen. Chuck Grassley (R-IA) would support President Trump's intervention into the controversial case of Huawei Technologies' chief financial officer, arrested in Canada earlier this month, if it facilitated trade negotiations between the U.S. and China, he told Inside U.S. Trade on Wednesday.

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The U.S.-Mexico-Canada Agreement still has a ways to go before it can garner enough support among Democrats, several lawmakers said on Tuesday, with Sen. Sherrod Brown (D-OH) urging the parties to return to the negotiating table.

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December 11, 2018

GENEVA – The Chinese ambassador to the World Trade Organization on Tuesday warned members not to discriminate against Chinese state-owned enterprises, suggesting that some countries were intent on conflating Chinese SOEs with “public bodies.”

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GENEVA -- The U.S. ambassador to the World Trade Organization said on Tuesday that WTO negotiations on fisheries subsidies will be a test case for future negotiations involving China, adding that the fisheries talks could be hampered if China seeks special and differential treatment.

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A new report on the effect of Section 232 tariffs on the aluminum industry shows a 67 percent increase in production and thousands of jobs added in the industry and its downstream users.

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While some members of the Senate Finance Committee on Tuesday expressed qualified support for the administration's approach to China, several said they had not been briefed on U.S. plans for crucial talks over the next 90 days.

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