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Asia

(Daily News)
August 01, 2018

As President Trump on Wednesday directed the U.S. Trade Representative to consider increased tariffs on $200 billion worth of Chinese goods, lawmakers and business groups renewed their calls for the Trump to work with U.S. allies and bring Beijing to the negotiating table.


(Daily News)
August 01, 2018

President Trump has directed U.S. Trade Representative Robert Lighthizer to consider hitting $200 billion worth of Chinese imports with 25 percent tariffs, a boost from the 10 percent that was originally planned, senior administration officials confirmed on Wednesday.


(In Trade)
August 01, 2018

“Magnets are controlled by the Chinese right now. Do you think that could possibly represent a threat to our national security? That might be a place for [Section] 232 action that is actually justifiable and actually warranted.”


(Daily News)
August 01, 2018

A new trade regime that benefits workers and the country overall might mean short-term economic hardship for some, said AFL-CIO President Richard Trumka Wednesday.


(Daily News)
July 31, 2018

Japanese Economy Minister Toshimitsu Motegi is hoping to walk away from a meeting with U.S. Trade Representative Robert Lighthizer next month with an agreement similar to one the European Union struck with the U.S. last week, as both countries face pressure to make a deal.


(In Trade)
July 31, 2018

“Historical evidence shows that trade barriers like tariffs reduce economic activity, lower aggregate demand and productivity, disrupt supply chains, and increase costs for both producers and consumers.”


(Daily News)
July 30, 2018

The Chinese ambassador to the World Trade Organization excoriated the U.S. report on “China’s Trade Disruptive Model” in a fiery exchange at the WTO’s General Council meeting last week.


(Daily News)
July 27, 2018

In a heated exchange during a Senate Appropriations subcommittee hearing, Sen. Brian Schatz (D-HI) warned U.S. Trade Representative Robert Lighthizer that the Trump administration’s trade policy toward China is creating domestic pressures that ultimately give Beijing the upper hand.


(Daily News)
July 24, 2018

An interagency panel on Tuesday pressed companies from a range of industries about whether it is possible to source certain products used in their businesses from either the United States or countries other than China, during a Section 301 Committee hearing on a 25 percent tariff the Trump administration is preparing to place on $16 billion worth of Chinese products.


(In Trade)
July 24, 2018

“It is imperative the United States obtain a positive and permanent resolution for U.S. polysilicon companies.”


(In Trade)
July 23, 2018

Rebutting Trump, the Foreign Ministry says Beijing has no plans to spur exports “through competitive currency devaluation. This is our consistent position.”


(Daily News)
July 20, 2018

Lawmakers have agreed to rely heavily on the Senate’s version of the Foreign Investment Risk Review Modernization Act that will be included in the final National Defense Authorization Act, although some changes have been made, and House language on export control reauthorization will be included, according to sources and a July 20 draft of the language obtained by Inside U.S. Trade.


(Daily News)
July 20, 2018

As a handful of World Trade Organization members lay the groundwork for the launch of negotiations on an e-commerce deal, divergent views on the prospective scope of an initiative involving the U.S., European Union and China could prevent their inclusion in an eventual plurilateral.


(Daily News)
July 20, 2018

Honduras has issued proposals to spur discussions among WTO members about issues affecting the Appellate Body and how to resolve a World Trade Organization disagreement over the so-called Rule 15 issue, which the United States has used as a justification to block appointments to the Appellate Body, according to a Geneva trade official.


(In Trade)
July 20, 2018

“A central challenge for U.S. policy makers over the next ten years will be to adopt more proactive and flexible responses to Chinese measures protecting high value-added sectors.”


(Daily News)
July 20, 2018

President Trump on Friday morning reiterated a willingness to hit China with tariffs on $500 billion worth of exports to the U.S., which would cover essentially all U.S. imports, and pledged to recoup losses from what he alleged to be currency manipulation by China and the European Union.


(Daily News)
July 19, 2018

If the Trump administration hits Seoul with tariffs as a result of its Section 232 autos investigation, the amended U.S.-Korea Free Trade Agreement “becomes meaningless,” Korea’s minister of trade, industry and energy said on Thursday.


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