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Daily News

April 17, 2019

The U.S. and China are focused heavily on tariff-centered enforcement issues in what they hope are the waning days of trade negotiations, with the Trump administration eyeing the use of “snap-back” restrictions in addition to multi-level consultations as it pushes to complete a deal in the coming weeks.

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Now that the European Commission has a mandate to negotiate a trade deal with the United States, the next step for the two sides is to agree on what areas the negotiation will cover -- a normally perfunctory exercise that could derail the latest round of trans-Atlantic talks before they even begin.

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House Ways & Means Democrats this week singled out a lack of “May 10” agreement language and a host of enforcement issues in questioning whether the U.S.-Mexico-Canada Agreement will lead to “meaningful” environmental improvements.

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April 16, 2019

The European Union is threatening to bring a case against the U.S. at the World Trade Organization challenging the legality of a statute that allows U.S. citizens whose property was seized by the Cuban government to sue foreign companies using that property in Cuba.

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A group of steel importers is asking the Supreme Court to review its challenge to the constitutionality of the Section 232 statute weeks after the Court of International Trade ruled that President Trump's imposition of steel tariffs based on national security was legal.

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A group of steel importers is asking the Supreme Court to review its challenge to the constitutionality of the Section 232 statute weeks after the Court of International Trade ruled that President Trump's imposition of steel tariffs based on national security was legal.

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As U.S. and Japanese officials begin high-level trade talks this week, analysts are weighing the pros and cons of quickly concluding a bilateral deal -- a goal of some senior U.S. officials.

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April 15, 2019

China last week expressed concern at the World Trade Organization that a proposed U.S. rule crafted to bar federal funds from being spent on certain suppliers of communications equipment would unfairly target China, which has been at the forefront of technologies like fifth-generation, or 5G, networks.

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After meeting with Secretary of State Michael Pompeo, Colombian President Iván Duque said on Sunday that the U.S. and Colombia should bolster bilateral trade relations via a “more innovative agenda.”

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Commerce Secretary Wilbur Ross and Mexican Economy Minister Graciela Márquez on Friday discussed steel and aluminum tariffs, an agreement on Mexican tomato exports and a shared belief that the U.S.-Mexico-Canada Agreement should be quickly ratified.

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April 12, 2019

France will rescind a digital services tax approved by its National Assembly earlier this week once Organization for Economic Co-operation and Development negotiations result in an agreement on how to appropriately tax international technology giants, the French Finance Minister said on Thursday.

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European member states are set to approve on Monday a mandate authorizing the European Commission to negotiate a limited trade deal with the United States despite a promise by French President Emmanuel Macron to oppose the talks.

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The U.S. and other World Trade Organization members on Thursday called on the European Union and the United Kingdom to use a Brexit deadline extension to address issues with the way the EU is proposing to adjust its tariff rate quotas once the UK has departed.

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Sens. John Cornyn (R-TX) and Mark Warner (D-VA), co-chairs of the Senate India Caucus, on Friday called on the Trump administration to delay withdrawing India’s Generalized System of Preferences benefits.

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April 11, 2019

A dispute settlement panel ruling on the application of the World Trade Organization’s national security exception should not be read as an indication of how future panels will rule, WTO Director General Roberto Azevêdo said on Thursday, tacitly acknowledging that a panel could find U.S. steel and aluminum tariffs to be legitimate national security measures.

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Lawmakers this week said they were not expecting a U.S. International Trade Commission report on the economic impact of the U.S.-Mexico-Canada Agreement to project significant economic growth from the deal, but Senate Finance Committee Chairman Chuck Grassley (R-IA) suggested the commission might not assess novel provisions he believes will spur the economy.

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House Ways & Means Committee Democrats on Thursday questioned whether the labor standards in the U.S.-Mexico-Canada Agreement would lead to “meaningful change” in Mexican labor practices and called for a strong enforcement mechanism to ensure the new labor standards are followed.

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U.S. and Japanese officials are expected to begin trade negotiations next week in Washington, DC, according to Japanese media reports.

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April 10, 2019

The U.S. and China have largely agreed on an enforcement mechanism for a bilateral trade deal, Treasury Secretary Steven Mnuchin said on Wednesday.

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Mexican tomato growers on Monday proposed updates to a 2013 suspension agreement with the U.S. covering fresh tomatoes in an effort to prevent the Commerce Department from withdrawing from the deal.

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