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Daily News

June 11, 2019

The Organization for Economic Cooperation and Development hopes to develop new global income tax rules by the end of 2020 that would prompt countries to remove digital services taxes and pre-empt the imposition of new ones.

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TSUKUBA, JAPAN – The U.S. and the European Union “haven't really started” talking about how to address President Trump's concerns over auto imports, EU Trade Commissioner Cecilia Malmström said this week in a wide-ranging interview here on the sidelines of the G20 trade ministers' meeting.

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June 10, 2019

A federal judge last week denied a request from Mexican tomato growers for an injunction against duties the U.S. recently began assessing after the Commerce Department withdrew from a suspension agreement with Mexico covering fresh tomatoes.

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If Mexico’s Congress doesn’t approve an immigration deal between the U.S. and Mexico, the threat of tariffs on Mexican goods will be “reinstated,” President Trump said on Monday.

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June 09, 2019

TSUKUBA, JAPAN – G20 trade ministers concluded their summit here this weekend with a joint statement and a chairs’ statement outlining a “need” to ameliorate the global trading environment and undertake World Trade Organization reform “with a sense of urgency.”

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TSUKUBA, JAPAN – President Trump’s decision to indefinitely suspend plans to hit all Mexican goods with tariffs was welcomed here at this weekend’s G20 trade ministerial, where Japanese and Canadian officials were closely monitoring the discussions between U.S. and Mexican negotiators.

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June 08, 2019

TSUKUBA, JAPAN – G20 trade negotiators on Saturday issued a joint statement on digital economy policies that Japanese officials hope will pave the way for plurilateral e-commerce talks to gain momentum at the broader G20 summit in Osaka in a few weeks.

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TSUKUBA, JAPAN – The U.S. and China are unlikely to make much progress in trade talks before the G20 summit in Osaka, Japan, late this month, Treasury Secretary Steven Mnuchin said on Saturday.

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June 07, 2019

TSUKUBA, JAPAN – Japanese Trade Minister Hiroshige Seko on Saturday opened an initial meeting of the G20 trade summit here by calling on members to discuss “deeply” how to facilitate cross-border data flows.

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The U.S. has suspended plans to impose tariffs on Mexican goods after the two sides reached an agreement on immigration, President Trump announced on Friday.

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The U.S. and Mexico have a “good chance” of striking a deal on immigration that will involve increased Mexican purchases of U.S. agricultural products, President Trump said on Friday.

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Congressional opposition to blanket tariffs on Mexican goods is weakening President Trump's hand in negotiations over immigration, he said on Thursday.

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China’s Ministry of Commerce says the U.S. is inflating the size of its trade deficit with China to “provoke economic and trade frictions,” arguing in a new report that the true gap is about one-third of what the U.S. claims.

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June 06, 2019

The Trump administration has not changed its position in ongoing negotiations with Mexican officials over immigration, planning still to hit all Mexican imports with tariffs by Monday unless the dispute is resolved, the White House said on Thursday as talks continued.

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Citing China's economic practices, industry group leaders this week called on lawmakers to reauthorize the Export-Import Bank and expand its authority.

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June 05, 2019

The U.S. and Mexico have yet to resolve a dispute over immigration that President Trump has tied to blanket tariffs on Mexican goods, Foreign Affairs Secretary Marcelo Ebrard said on Wednesday.

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TSUKUBA, JAPAN – U.S. and Japanese trade officials will hold working-level meetings in Washington, DC, beginning next Monday, a Japanese official told Inside U.S. Trade.

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India and South Africa argued this week that the World Trade Organization moratorium on customs duties for electronic transmissions is costing developing countries billions of dollars in revenue.

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China this week proposed new rules that would allow World Trade Organization members to choose one of three spending caps to limit fisheries subsidies and establish “green box” fisheries subsides without explicitly banning subsidies that contribute to illegal, unreported and unregulated fishing.

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June 04, 2019

In a draft statement of administration action on the U.S.-Mexico-Canada Agreement sent to Congress last week, the Trump administration suggested the frequent use of Section 301 as a means of enforcing the deal while leaving several issues, including those flagged by Democrats as major concerns, as open “for discussion.”

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