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Asia

(In Trade)
August 12, 2019

 “Are there no limits on what the president can do?” law professor and former USTR official Jennifer Hillman asks in the Times.


(In Trade)
August 12, 2019

“In our baseline policy scenario, we now estimate a peak cumulative drag on the level of GDP of 0.6%, including a 0.2% drag from the latest escalation.”


(Daily News)
August 09, 2019

A U.S. official on Wednesday called for Japan and Korea to do some “soul searching” amid flaring tensions between the two countries, while Japan on Thursday approved its first export licenses for chemicals used in tech products headed to South Korea after imposing export restrictions last week.


(In Trade)
August 08, 2019

The rules are required under the FY19 National Defense Authorization Act.


(Daily News)
August 06, 2019

While an escalating trade fight between Japan and South Korea is already affecting U.S. supply chains, the Trump administration has yet to show definitively whether it plans to intervene -- though industry officials and analysts say they would like to see the U.S. do so.


(Daily News)
August 06, 2019

Eyeing a first-stage deal as soon as September, U.S. and Japanese officials wrapped up another round of ministerial meetings last week in Washington, DC, with digital trade a key component of the talks.


(In Trade)
August 06, 2019

“The president has said 'You know, if you make a good deal or good progress on a deal, maybe he'll be flexible on the tariffs.' On the other hand, if there's no progress on the deal, maybe they'll get worse.”


(In Trade)
August 05, 2019

“As a result of this determination, Secretary Mnuchin will engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China’s latest actions.”


(In Trade)
August 05, 2019

Trump: “It’s called 'currency manipulation.' ... This is a major violation which will greatly weaken China over time!”


(In Trade)
July 31, 2019

The bill would charge the Federal Reserve with achieving a current account balance within five years. 


(In Trade)
July 31, 2019

“If you look at the Democratic debates and what people are saying about China, if anything, they are just as tough or tougher. I don’t think it makes sense to try to wait out the administration.”


(In Trade)
July 31, 2019

The request will be heard at a special DSB meeting on Aug. 9.
 


(Daily News)
July 31, 2019

As it works on a potential trade deal with Japan, the Office of the U.S. Trade Representative is eyeing provisions in trade law allowing for unilateral tariff changes that do not require congressional approval, according to sources familiar with the talks.


(In Trade)
July 30, 2019

“The country will take targeted measures to support the development of private enterprises, accelerate the clearing of ‘zombie enterprises,’ effectively handle trade frictions and keep employment, the financial sector, foreign trade, foreign and domestic investments, and expectations stable.”


(In Trade)
July 30, 2019

“The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now … or no deal at all. We have all the cards, our past leaders never got it!”


(In Trade)
July 29, 2019

“When you hear the words and deeds of the U.S. on the status of developing countries in the WTO ... [t]hey further reveal how capricious, arrogant and selfish the country is,” a Chinese official said.


(In Trade)
July 24, 2019

“Trade disputes may be symptoms of deeper frustration with gaps in the rules-based multilateral trading system. Policymakers should cooperatively address these gaps.”


(Daily News)
July 23, 2019

President Trump is holding China accountable for its failure to deliver on promised agricultural purchases as the two sides resume talks, Agriculture Secretary Sonny Perdue said on Tuesday.


(In Trade)
July 23, 2019

“I plan to explain to all those involved that Japan's measure affects the global economy, with implications for all products that use semiconductors.”


(In Trade)
July 23, 2019

On the agenda: The U.S. goods deficit and “the pressing trade concerns at the heart of the ongoing GSP reviews of pork market access and worker rights in Thailand,” USTR said.


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