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Asia

(In Trade)
July 11, 2018

“Despite the serious economic consequences of ever-increasing tariffs, today there are no serious trade discussions occurring between the U.S. and China, no plans for trade negotiations anytime soon.”


(Daily News)
July 10, 2018

The Office of the U.S. Trade Representative on Tuesday released a list of $200 billion worth of Chinese goods set to be hit by a 10 percent tariff, laying out a schedule for a public hearing and comments before the tariffs are imposed sometime after Aug. 30.


(Daily News)
July 09, 2018

Washington and Seoul are expected to sign a revised version of the U.S.-Korea Free Trade Agreement as early as September, the Korean Trade Ministry said last week, adding that discussions on “some technical areas” are continuing even though the wording of the pact has been completed.


(In Trade)
July 09, 2018

The Iowa Republican, rejecting aid for farmers hit by retaliatory tariffs and calling for new agreements, described “encouraging news” from the USTR.


(Daily News)
July 06, 2018

After the U.S. on Friday imposed tariffs on $34 billion worth of Chinese goods, Beijing responded in kind, retaliating against an equivalent amount of U.S. goods and updating a World Trade Organization challenge to the U.S.’ Section 301 measures.


(In Trade)
July 05, 2018

"The U.S. tariff move is in essence a hit to the global industry and value chain. To put it simply, the United States is firing at the whole world. It is also firing at itself."


(Daily News)
July 03, 2018

The Japanese government along with industry associations representing the Japanese automobile and auto parts industry and individual Japanese auto companies have warned the U.S. Commerce Department that tariffs on autos and auto parts driven by national security would undermine the U.S. auto sector and economy.


(Daily News)
July 02, 2018

The 20-year extension of the 25 percent U.S. duty on light and medium and heavy trucks agreed to in principle by the Trump administration and Korean government as part of the revised U.S.-Korea Free Trade Agreement would continue to dissuade Korean exporters from entering the U.S. truck market, the U.S. International Trade Commission reported Monday in an analysis requested by U.S. Trade Representative Robert Lighthizer.


(In Trade)
June 29, 2018

Japan is slated to be the second country to ratify the deal after Mexico did so in April.


(In Trade)
June 28, 2018

Adm. Harry Harris is bound for Seoul, while hotelier Gordon Sondland will head to Europe.


(Daily News)
June 27, 2018

The Committee on Foreign Investment in the United States, paired with a new law crafted to expand its purview, is the best way to deal with concerns about predatory investment from China stemming from a Section 301 investigation, President Trump said on Wednesday, after senior administration officials denied that relying on CFIUS was capitulating to Beijing.


(In Trade)
June 26, 2018

“We strongly believe that the April sanctions order – which would have threatened ZTE’s survival – should not be used as a bargaining chip in negotiations with China on unrelated matters.”


(Daily News)
June 26, 2018

The House on Tuesday voted overwhelmingly for the Foreign Investment Risk Review Act to expand the jurisdiction of the Committee on Foreign Investment in the United States, which President Trump suggested might be enough to protect companies in the U.S. from nefarious Chinese investments.


(In Trade)
June 26, 2018

John Deng, Taiwan’s trade representative and cabinet minister without portfolio, sat down with Inside U.S. Trade on June 22 to discuss a wide range of issues.


(In Trade)
June 25, 2018

Deputy Prime Minister Vuong Dinh Hue met with Treasury and Commerce department officials and said “all agreed on the need to prioritize bilateral trade and investment this coming year.”


(Daily News)
June 22, 2018

The U.S. and China are unlikely to strike a deal on trade in time to avoid the first round of tariffs both have threatened, analysts say, though some predict an agreement after the first blood is drawn on both sides.


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