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The Commerce under secretary touts a “need for mechanisms that promote interoperability of privacy frameworks to ensure that data can flow across borders while strengthening cross-border cooperation among enforcement authorities.”
British Ambassador to the U.S. Kim Darroch is “reasonably confident” a UK withdrawal deal will be reached with the European Union, he said on Wednesday, reiterating that the country considers a free trade agreement with the U.S. its “most important” post-Brexit priority.
U.S. Trade Representative Robert Lighthizer has formally notified Congress of the administration's intent to negotiate trade agreements with the European Union, United Kingdom and Japan.
British Prime Minister Theresa May on Monday defended her government's Brexit negotiations and attempted to assure British lawmakers that a “backstop” customs union arrangement with the European Union would only be temporary.
The Office of the U.S. Trade Representative is expected to notify to Congress as soon as this week that the administration intends to formally launch trade negotiations with Japan, the European Union and the United Kingdom, according to several sources with knowledge of the plans.
Belgium's ambassador to the U.S. says the political will “is there to at least try to have some technical or limited agreement.”
The U.S. and more than a dozen other World Trade Organization countries have criticized United Kingdom and European Union plans for post-Brexit market access and government procurement, citing questions about the accuracy of the data and whether the proposals rise to the level of commitment wanted by other members.
European Trade Commissioner Cecilia Malmström on Friday said the United States and European Union have not yet started work on a potential trade agreement on industrial tariffs as the two sides have instead focused on voluntary regulatory cooperation.
The U.S. wants a trade deal with Japan that is at least as good as the one Tokyo recently struck with the European Union, Agriculture Secretary Sonny Perdue said on Thursday.
Last week the U.S., the European Union and Japan committed to the “timely launch” of negotiations on a broad deal aimed at inhibiting digital protectionism and promoting data security.
The U.S. told fellow World Trade Organization member countries this week that its $12 billion trade aid package for farmers was a one-time expenditure that would not put the country over its WTO agriculture support limits, according to a Geneva trade official.
USTR Robert Lighthizer met in New York City with Japanese Minister of Economy, Trade and Industry Hiroshige Seko and EU Trade Commissioner Cecilia Malmström.
“Time is short on this. You can start negotiating now. We can't sign anything, obviously, but get drafting and start working on it.”
Eleven right-leaning and libertarian think tanks from the U.S. and the United Kingdom on Tuesday released their vision of an “ideal” free trade agreement between the two countries, which includes advanced regulatory recognition, freely flowing labor and a rule-of-origin content threshold of 25 percent.
The European Union on Tuesday proposed wide-ranging reforms to the World Trade Organization that would address a range of areas the U.S. has singled out for criticism, including the operation of the Appellate Body, members’ transparency obligations and China’s forced technology transfer policies.
He and his UK counterpart discussed the upcoming fifth meeting of the U.S.-UK Trade and Investment Working Group, set for November in Washington.
The Trump administration will begin consultations with Congress on trade talks with the European Union, U.S. Trade Representative Robert Lighthizer announced on Monday after meeting with EU Trade Commissioner Cecilia Malmström.
European Union and U.S. officials this week presented starkly different perceptions of the trans-Atlantic relationship this week, with U.S. Ambassador to the EU Gordon Sondland painting a rosy picture of a strong partnership made stronger under the Trump administration and European Agriculture Commissioner Phil Hogan portraying the EU as a skeptical, reluctant trading partner that will push back against President Trump's short-sighted trade policies.