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Daily News

April 26, 2019

Chinese President Xi Jinping on Friday pledged to enact a range of economic reforms, including expanded market access, better cooperation on intellectual property protection, increased importation of goods and services and the implementation of “opening-up-related policies.”

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Drug-pricing policies in Japan, Korea, Canada and elsewhere are undermining innovation and curbing market access, the Office of the U.S. Trade Representative says in its annual Special 301 report on the intellectual property practices of U.S. trading partners.

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April 25, 2019

“Well-known” flaws in NAFTA’s dispute settlement process are making some Democrats question whether to support the U.S.-Mexico-Canada Agreement, a group of 25 lawmakers said this week.

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Citing provisions in the U.S.-Mexico-Canada Agreement and legislative developments in Colombia, the Office of the U.S. Trade Representative has removed Canada and Colombia from its roster of the worst intellectual-property-related offenders in its annual Special 301 report.

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Japanese Economy Minister Toshimitsu Motegi is meeting with U.S. Trade Representative Robert Lighthizer beginning on Thursday, Japanese officials confirmed to Inside U.S. Trade, a day before Japanese Prime Minister Shinzo Abe meets with President Trump in Washington, DC.

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A possible “snap-back” tariff enforcement mechanism in a U.S.-China trade agreement is raising red flags among analysts who question whether it would spark retaliatory moves that could undercut the deal – and whether it would run afoul of World Trade Organization rules.

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April 24, 2019

China this week outlined its positions on World Trade Organization talks on trade-related electronic commerce rules, officially coming out against including cross-border data flows -- a key issue for the U.S. -- and citing the “complexity and sensitivity” of the issue.

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India has asked the Office of the U.S. Trade Representative to further delay the termination of preferential benefits the country receives via the Generalized System of Preferences, a request that has been deferred to higher levels, a source told Inside U.S. Trade, confirming an outside report.

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April 23, 2019

Unilateral trade actions taken by the United States are pushing the European Union and China close together and preventing the U.S. and Brussels from coordinating action to confront illicit Chinese trade practices, several trade analysts said on Tuesday.

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Former congressional trade committee lawyers this week expressed little optimism that the U.S.-Mexico-Canada Agreement would be ratified this year, with many questioning President Trump’s willingness to address Democratic concerns and ensure a vote before August recess.

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U.S. Trade Representative Robert Lighthizer is still insisting that Section 301 of the Trade Act of 1974 is a key enforcement mechanism for the U.S.-Mexico-Canada Agreement’s labor provisions, AFL-CIO President Richard Trumka told reporters on Tuesday.

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April 22, 2019

Mexico's ambassador to the U.S. on Monday defended labor reform legislation required by the U.S.-Mexico-Canada Agreement, which is expected to pass the Mexican Senate this week, as sufficient to ease U.S. concerns with the country’s labor compliance, calling on Democrats to be clearer about what they need to back the deal.

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April 19, 2019

Japan and Australia this week proposed language clarifying how the World Trade Organization Appellate Body should function, becoming the latest in a growing group of members attempting to address U.S. criticisms and stave off the impending paralysis of the appeals process.

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The National Association of Manufacturers this week filed suit against the Treasury Department and Customs and Border Protection over a recently implemented rule they say bans “substitution drawback,” a program which allows importers to recoup paid tariffs or taxes if they export similar products.

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If agriculture is not included in U.S.-European Union trade talks, the U.S. will lose the opportunity to pursue “trade-offs” in the negotiations, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Thursday.

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A resolution to a dispute with Canada and Mexico over steel and aluminum tariffs is the administration’s top trade priority after the ongoing U.S.-China negotiations, which could lead to a deal as soon as next month, a senior USTR official said on Thursday.

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April 18, 2019

A World Trade Organization dispute settlement panel this week handed the United States a victory over China by finding that Beijing was improperly administering rice, corn and wheat tariff-rate quotas, which in some cases contributed to the quotas' going unfilled.

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A U.S. win in a World Trade Organization case involving its controversial antidumping methodology of “zeroing” will make its way next to the Appellate Body, which has consistently ruled against zeroing -- and analysts tell Inside U.S. Trade they believe it will do so again.

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If “fully implemented and enforced,” the U.S.-Mexico-Canada Agreement will have a small but positive impact on U.S. GDP, with digital trade and automotive rule-of-origin provisions projected to have “the most significant effects,” the U.S. International Trade Commission says in its new analysis of the deal.

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A post-Brexit United Kingdom-European Union trade agreement, as well as any U.S.-UK deal, should create an environment that is “as frictionless as possible” for people, goods and services, the U.S.-UK Business Council said on Wednesday.

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