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Daily News

October 10, 2019

This week’s talks between U.S. and Chinese trade negotiators, due to wrap up in the White House on Friday, could lead to a deal in which the U.S. agrees not to increase tariffs in return for an agreement on currency provisions, as well as greater purchases of U.S. agricultural products, but the prospect of a comprehensive deal is no more certain despite 13 rounds of negotiations, according to business representatives, China analysts and trade lawyers.

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U.S. Trade Representative Robert Lighthizer has declined a House Energy and Commerce Committee invitation to testify next week about the trade implications of a provision in the Communications Decency Act that protects internet service providers and other companies that host third-party content, according to a committee spokesman.

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House Democrats and U.S. Trade Representative Robert Lighthizer are pushing to wrap up negotiations on outstanding U.S.-Mexico-Canada Agreement issues by the end of October, sources tell Inside U.S. Trade.

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October 09, 2019

GENEVA -- The December deadline that World Trade Organization members have set to reach an outcome in fisheries subsidies negotiations is not likely to be met, according to sources here who said it is expected to be pushed back to the next ministerial in June 2020.

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The Organization for Economic Cooperation and Development on Wednesday proposed an outline of an international tax structure that would allow countries to tax companies that do not have a physical presence in those countries, a step toward an agreement that could supplant digital services taxes already in place or under consideration.

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Senior USTR officials briefed Capitol Hill staff last Thursday on the Trump administration’s trade enforcement initiatives, touching on World Trade Organization cases, Section 301 tariff exclusions for Chinese products and digital services taxes, among other issues, sources said.

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The U.S. must “neuter” the World Trade Organization's Appellate Body to ensure needed reforms, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Wednesday.

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October 08, 2019

Mexican President Andrés Manuel López Obrador on Tuesday will send a letter to House Speaker Nancy Pelosi (D-CA) urging her to put the U.S.-Mexico-Canada Agreement to a vote, he told reporters this week.

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GENEVA – A dozen World Trade Organization members have proposed that the General Council extend the moratorium on duties on electronic transmissions through the next ministerial conference in June. 

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October 07, 2019

The digital trade deal struck between Washington and Tokyo includes first-ever language on information and communication technology goods, taxation and security exceptions, according to the text of the agreement released on Monday.

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The digital trade deal struck between Washington and Tokyo includes language similar to the U.S.-Mexico-Canada Agreement's, including provisions on information and communication technology goods, taxation and security exceptions, according to the text of the agreement released on Monday.

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The U.S. Court of Appeals for the Federal Circuit is poised to move on a case involving a Section 232 challenge initiated by the American Institute for International Steel after receiving responses from the group and the Trump administration.

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U.S. business groups are largely touting a deal struck last month that will allow the U.S. to charge more for international mail deliveries, but the effect on trade flows, particularly with China, remains unclear.

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October 04, 2019

The proposed budget cut to Mexico’s Labor Ministry in 2020 is not an accurate reflection of the resources Mexico is dedicating to implement labor reform laws called for in the U.S.-Mexico-Canada Agreement, a top Mexican official said on Thursday in response to concerns raised by lawmakers and labor groups in the U.S.

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Developments in Hong Kong could change the course of the U.S.-China trade talks, but President Trump’s request that China open an investigation on presidential candidate Joe Biden and the House Democrats’ impeachment inquiry are unlikely to impact the negotiations, according to White House National Economic Council Director Larry Kudlow.

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Key House Democrats have received a new proposal crafted by Rep. Andy Levin (D-MI) that would address labor concerns with the U.S.-Mexico-Canada Agreement in part by requiring Mexico to implement labor reforms in at least 500 workplaces before the trade deal is ratified, Inside U.S. Trade has learned.

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NEW YORK CITY -- The World Trade Organization’s national security exemption allows the U.S. to ban Chinese information and communication technology exports, a Commerce Department official said on Wednesday.

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October 03, 2019

The China Chamber of International Commerce said on Wednesday that China has lived up to its World Trade Organization commitments and that the U.S. has improperly included the country’s implementation of dispute rulings, or lack thereof, as evidence of non-compliance.

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The U.S. decision to impose tariffs on the European Union in retaliation for subsidies provided to Airbus will make trans-Atlantic negotiations on aircraft “more complicated” and push the EU to impose its own retaliatory tariffs when authorized to do so, the EU Commission said this week.

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The “ordinary meaning” of the World Trade Organization’s national security exemption and its negotiating history will show the U.S. invocation of it to justify Section 232 tariffs is a “sovereign right” that is not subject to legal review, the U.S. has declared in its first written submissions in several closely related disputes.

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