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Asia
(In Trade)
August 12, 2020
August 12, 2020
“For too long, closer trade relations have been hindered by technicalities that account for just a fraction of two-way trade.”
(Daily News)
August 12, 2020
August 12, 2020
The Chinese government on Wednesday released new policies crafted to stabilize trade and investment, emphasizing enhanced export credit schemes, financial assistance to trading companies, quicker customs clearance and investment in high-tech sectors.
(Daily News)
August 12, 2020
August 12, 2020
The Trump administration’s new approach to undervalued currency as a countervailable subsidy threatens to increase trade tensions and impinge on monetary policy, the International Monetary Fund staff said in a report this week.
(Daily News)
August 11, 2020
August 11, 2020
While plurilateral agreements are an important tool in securing new rules at the World Trade Organization, members should work to “multilateralize” them eventually or risk further fragmentation, Korean Trade Minister Yoo Myung-hee, a candidate for director-general, said on Tuesday.
(Daily News)
August 11, 2020
August 11, 2020
Hong Kong is considering a World Trade Organization challenge of the Trump administration's decision to revoke its special trade status, its government announced on Tuesday.
(In Trade)
August 10, 2020
August 10, 2020
CSIS’ Claire Reade, a former USTR official, says President Trump might want to preserve the deal “at least through the election.”
(Daily News)
August 10, 2020
August 10, 2020
President Trump’s decision to re-impose aluminum tariffs on Canada was made for political gain in an election year, a House Democrat who participated in U.S.-Mexico-Canada Agreement negotiations told Inside U.S. Trade.
(Daily News)
August 09, 2020
August 09, 2020
If the World Trade Organization is like a tea bag, to paraphrase an old adage, its strength can be gauged only once it is in hot water -- and the water in Geneva is boiling.
(Daily News)
August 07, 2020
August 07, 2020
The Trump administration’s move to block two Chinese-owned technology companies from operating in the U.S. for national security reasons will end up harming the U.S.’ own interests, China’s Ministry of Foreign Affairs claimed on Friday.
(Daily News)
August 06, 2020
August 06, 2020
President Trump on Thursday made six trade-related promises to be filled in his next term, cast former Vice President Joe Biden as a “callous” globalist who will not protect American jobs and promised to sign “something” in the next week that “will have a tremendous impact on fairness and trade.”
(Daily News)
August 06, 2020
August 06, 2020
President Trump’s phase-one deal with Beijing is one of several mistakes made by the Trump administration in its dealings with China that are costing Americans on a daily basis, Joe Biden, the presumptive Democratic nominee for president, said this week.
(In Trade)
August 05, 2020
August 05, 2020
Mexico is the host of the virtual session.
(Daily News)
August 05, 2020
August 05, 2020
Korean Trade Minister Yoo Myung-hee, a candidate to lead the World Trade Organization, says she knows how to close a trade deal. With the biggest trade deal of them all -- the World Trade Organization -- on the brink, Yoo believes the only way forward is to prove the beleaguered institution can build on successes on its way to reform.
(Daily News)
August 05, 2020
August 05, 2020
A progressive approach to U.S.-China relations would mean coupling “defensive” actions against Beijing’s economic policies with “offensive” measures to make American companies stronger, a key Capitol Hill trade policy staffer said Wednesday.
(In Trade)
August 05, 2020
August 05, 2020
U.S. exports and imports in 2020 are lagging well behind last year’s pace.
(Daily News)
August 04, 2020
August 04, 2020
The United States discriminating against TikTok because it is owned by a Chinese company runs afoul of World Trade Organization rules, a Chinese spokesman claimed on Tuesday, arguing the U.S.’ expansive definition of “national security” subjects foreign companies to politically-motivated restrictions.
(In Trade)
August 04, 2020
August 04, 2020
USTR: “[W]e still face longstanding trade barriers that restrict market access for U.S. beef and pork products, despite previous commitments by Taiwan to fix these problems.”
(In Trade)
August 04, 2020
August 04, 2020
“For far too long, China has taken advantage of international trade laws,” two House members of the GOP China Task Force said.
(In Trade)
July 31, 2020
July 31, 2020
The bank this week held its final teleconference to inform an effort to boost U.S. competitiveness against China.
(Daily News)
July 31, 2020
July 31, 2020
Chinese officials met with U.S. business executives this month to welcome increased U.S. investment in China, urge companies to exert influence to foster better U.S.-China trade relations -- and emphasize that the implementation of the phase-one trade deal requires cooperation from the U.S.