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Daily News

May 12, 2021

Sen. Gary Peters (D-MI) on Tuesday raised concerns about whether U.S. Customs and Border Protection has “adequate resources” to keep goods moving efficiently, particularly at smaller ports.

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U.S. Trade Representative Katherine Tai on Wednesday told lawmakers the U.S. needs new trade tools to address “2021 challenges” and better compete with China.

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The Senate Commerce, Science and Transportation Committee on Wednesday approved an amendment to the Endless Frontier Act that would create an incentive program to support the domestic production of mature semiconductors.

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The U.S. has initiated a complaint under the U.S.-Mexico-Canada Agreement’s rapid-response mechanism against a General Motors facility in Mexico for alleged worker rights’ violations, the Office of the U.S. Trade Representative announced on Wednesday, marking the first use of the novel tool. 

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May 11, 2021

The chair of the World Trade Organization negotiations to curb harmful fisheries subsidies on Tuesday released a new draft negotiating text aimed at pushing members closer to compromise ahead of a July 15 ministerial meeting where trade ministers hope to conclude an agreement.

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The U.S. has more than 1,200 so-called trade executive agreements -- sometimes called “mini-deals” -- on the books with 130 countries, and one longtime trade analyst has begun tracking them down, mapping out what she describes as a vast, under-studied area of trade law involving a range of executive agencies.

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The Biden administration should have consulted Congress before announcing its support for a waiver of some World Trade Organization intellectual property protections for COVID-19 vaccines, Sen. Chuck Grassley (R-IA) said on Tuesday.

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May 10, 2021

The Office of the U.S. Trade Representative on Monday wrapped up a series of hearings on proposed tariff actions against countries with digital services taxes in place, heeding calls from representatives of labor-intensive Indian industries to avoid imposing duties on New Delhi and pursue an agreement at the Organization for Economic Cooperation and Development instead. 

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Majority Leader Chuck Schumer (D-NY) wants the Senate this month to vote on a legislative package aimed at making the U.S. more competitive with China, he said on the Senate floor on Monday -- though the legislation faces an uncertain future in the House, where the Republican Study Committee has raised issues with the centerpiece of the package. 

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Congressional Democrats on Monday lauded the AFL-CIO's first labor complaint under the U.S.-Mexico-Canada Agreement, hoping it will trigger the deal’s novel rapid-response mechanism in a case against a Mexican auto-parts factory.  

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May 07, 2021

Some in the Mexican private sector are welcoming U.S. Trade Representative Katherine Tai’s willingness to put the U.S.-Mexico-Canada Agreement’s dispute settlement mechanisms to use as bilateral trade irritants accumulate, industry sources told Inside U.S. Trade this week.

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New legislation introduced by Rep. Darin LaHood (R-IL) on Friday would require that developing countries seeking preferential trade treatment in the U.S. have in place policies that facilitate, not restrict, digital trade.

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U.S. Trade Representative Katherine Tai on Friday released new transparency principles she said would help establish “two-way communication with the American public” on trade policy and day-to-day agency operations.

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The U.S. International Trade Commission on Thursday announced revisions to the title, scope and schedule of a recently launched fact-finding investigation into the effects of foreign censorship on U.S. businesses and instituted a second, related probe.

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The European Union this week moved to update its industrial strategy by issuing a legislative proposal aimed at reining in foreign subsidies in non-market economies, laying out a strategy to deal with strategic supply chain dependencies, and continuing efforts to reach out to allies, especially in critical areas.

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May 06, 2021

The Commerce Department is “not joking around” in enforcing trade rules and taking other actions against China even as the White House reviews its overall stance toward Beijing, Commerce Secretary Gina Raimondo said on Thursday.

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Opponents of the COVID-19-related waiver of World Trade Organization intellectual property protections, surprised by the U.S. announcement on Wednesday that it would back the effort, are being pushed to follow Washington's lead, which has decisively changed the conversation in Geneva.

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Countries must address a “looming mismatch” between climate goals and the availability of critical minerals, the International Energy Agency says in a new report, highlighting a key issue for the Biden administration as it looks to secure supply chains.

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The U.S. should re-examine the Trump administration’s “misguided” and “short-sighted” decision in 2017 to withdraw from the Trans-Pacific Partnership, the leaders of the Senate Finance trade subcommittee told U.S. Trade Representative Katherine Tai this week.

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May 05, 2021

The first U.S.-Mexico-Canada Agreement Free Trade Commission meeting between the three countries’ top trade officials will take place in mid-May, industry sources tell Inside U.S. Trade

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