Trade attorney Stephen Vaughn will be named the Office of the U.S. Trade Representative's general counsel if USTR nominee Robert Lighthizer is confirmed, and Gilbert Kaplan will be tapped for Commerce under secretary for international trade provided Commerce secretary nominee Wilbur Ross is approved by the Senate, according to multiple sources.
House Financial Services insurance subcommittee Chairman Sean Duffy (R-WI) at a Feb. 16 hearing urged the Trump administration to review the covered insurance agreement struck between the outgoing Obama administration and the European Union, before the deal goes into force in April.
Former U.S. trade officials and academic experts doubt that a major new trading initiative for the Asia-Pacific will be announced at the regional trade ministers meeting in Chile next month, while splitting over whether the absence of the United States at the meeting would allow China to take advantage of a void in U.S. trade leadership in the region.
Convincing China to allow imports of U.S. beef and hastening Beijing’s approval of genetically modified U.S. corn traits will be top priorities of President Trump’s pick for ambassador to China, Terry Branstad, the Iowa governor said on Feb. 23 during remarks at the U.S. Department of Agriculture Outlook Forum.
World Trade Organization Director-General Roberto Azevêdo said the WTO has a lot of "gray areas" on tax policy, leaving open the possibility that the House Republicans' border adjustability tax plan could be constructed to align with U.S. international obligations while not commenting on the specifics of the proposal.
President Trump's picks for Commerce secretary and U.S. Trade Representative, once in place, are likely to water down the influence currently wielded by Peter Navarro, the director of the National Trade Council, according to former trade officials and other policy observers.
The U.S. International Trade Commission, as part of an investigation of global aluminum production and overcapacity issues, has received a slew of comments from interested parties slamming China for practices that allegedly have an adverse impact on U.S. and other producers.
Trump administration officials this week defended the current methodologies applied to collect and present U.S. trade data and statistics, and dismissed as "completely inaccurate" a report by the Wall Street Journal that claimed U.S. agencies are considering changing those methodologies.
Former U.S. and Canadian officials said the Trump administration should tone down its inflammatory rhetoric toward Mexico if it hopes to successfully renegotiate the North American Free Trade Agreement.
The World Trade Organization's first multilateral deal -- the Trade Facilitation Agreement -- entered into force on Feb. 22 with the completion of formal notification from two-thirds of the WTO membership that they had ratified the long-awaited agreement.
Rep. Peter DeFazio (D-OR), joined by six House Democrats, on Thursday introduced a resolution called the “Blueprint for America’s Future Trade Policy” that outlines principles and a time line for the renegotiation of the North American Free Trade Agreement.
A coalition of CEOs from U.S. industries particularly sensitive to foreign dumping is calling for increased enforcement of trade laws in order to restore the U.S. economy, and wants Congress to make both statutory and practice changes to trade enforcement law.
Analysts and academics clashed today at the Peterson Institute for International Economics over President Trump’s trade policy options in a post-Trans-Pacific Partnership world, with some saying that the Asia-Pacific deal should be revamped, enlarged and renamed. Argument also erupted over whether the administration's plan to pursue bilateral deals, including one with Japan, will succeed.
Analysts and industry sources say the 2016 elections of President Trump and Taiwan's relatively pro-U.S. President Tsai Ing-wen may create the best chance in years for a free trade agreement between the two countries, although observers warn that multiple hurdles remain in striking a bilateral deal.
The United States this week sharply criticized India for requesting a World Trade Organization dispute settlement panel over state renewable energy programs and blocked formation of the panel, while characterizing India's move as “purely political.”
House Agriculture Committee Chairman Mike Conaway (R-TX) at the U.S. Department of Agriculture Outlook Forum Feb. 23 said the Trans-Pacific Partnership was, with two exceptions, a good deal for U.S. agriculture producers and agriculture market access outcomes in new bilateral trade deals should be measured against TPP results.
Members of Congress supporting the views of Nestlé, Procter & Gamble, and Poland Springs last week called on the Office of the U.S. Trade Representative to refrain from assessing 100 percent tariffs on mineral and aerated waters, chocolates, and viscose fiber from the European Union, citing a potential loss of jobs in the U.S.
Three Democrats are calling on President Trump to support legislation that would direct the Commerce Department to treat currency manipulation as an export subsidy, allowing it to issue countervailing duties in trade remedy cases.
Brazilian trade experts said Brazil will likely work to improve its position to pitch a bilateral agreement with the U.S. while also using what it sees as a protectionist turn by the Trump administration to pursue closer trade ties with China.