Forgot password?
Sign up today and your first download is free.
REGISTER
The State Department under President Biden must prioritize restoring U.S. leadership and alliances on trade and climate issues, analysts said on Tuesday, advocating in particular for the U.S. to rejoin – or renegotiate – the Comprehensive and Progressive Agreement on Trans-Pacific Partnership and to work with allies on carbon border adjustments.
Following a recent U.S.-Taiwan economic dialogue, Taipei’s envoy to Washington, Bi-khim Hsiao, on Monday said a trade deal between the two countries was “a logical next step.”
“A new pact, with more members and upgraded rights and obligations, could offer a potentially larger windfall,” writes PIIE’s Jeffrey Schott.
The European Union is mulling a draft plan to boost trans-Atlantic coordination to confront China, according to a report this week. The bloc also advanced a tariff deal with the U.S. that both sides have described as a possible precursor to broader agreements.
The U.S. has maintained a block on filling Appellate Body vacancies since mid-2017.
The Commerce Department on Tuesday issued preliminary countervailing duties on Chinese twist ties, claiming Chinese producers benefit from an undervalued renminbi.
Comments are due by Dec. 14.
The Agriculture Department expects China to import a record-setting $27 billion worth of U.S. agricultural goods in fiscal year 2021, but to fall short of the more than $40 billion year-two target for U.S. agricultural imports set in the U.S.-China phase-one trade agreement, according to a quarterly forecast issued on Monday.
The timber and currency hearings are set for Dec. 28 and 29, respectively.
President-elect Joe Biden’s reported pick to lead the Treasury Department, Janet Yellen, has advocated for a World Trade Organization-compliant carbon tax, while his choice for national security adviser, Jake Sullivan, says the Biden administration’s approach to China will begin with domestic policy and building international alliances.
Economic leaders from the 21-member Asia-Pacific Economic Cooperation forum on Friday committed to meliorating the narrative on trade and investment and outlined a 20-year vision for the multilateral trading system.
President-elect Joe Biden likely will seek to strengthen trade ties with Taiwan once he takes office, Taiwan Deputy Economic Minister Chern-Chyi Chen told Inside U.S. Trade on Thursday.
The fate of a limited trade deal negotiated between Washington and New Delhi is still up in the air following the presidential election, leaving the Trump administration to decide whether to pull the trigger -- and take the credit -- or leave the decision to the trade team of President-elect Biden.
For the Trump administration, World Trade Organization reform is not possible without an acknowledgment from all countries that membership requires market-oriented policies -- but this fundamental priority, like many U.S. reform proposals, faces a China-sized stumbling block as the organization limps into its 26th year.
The 14 items include Australia’s rejection of Chinese investment projects for national security reasons and its decision to ban Huawei and ZTE from its 5G network.
President Trump is no longer scheduled to deliver a speech on the “future of trade” at the Asia-Pacific Economic Cooperation forum’s CEO Dialogues on Thursday night.
President Trump is no longer scheduled to deliver a speech on the “future of trade” at the Asia-Pacific Economic Cooperation forum’s CEO Dialogues on Thursday night.
The U.S. and the European Union should counter Chinese trade practices aimed at boosting its rise in high-tech areas by reforming the World Trade Organization, rekindling trans-Atlantic trade talks and coordinating on technology policy, according to a report issued Wednesday by Senate Foreign Relations Committee Republicans.