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Inside U.S. Trade spoke with the trade minister in Hanoi about TPP and the country's trading relationship with the U.S.
U.S. Trade Representative Robert Lighthizer this week told Agriculture Secretary Sonny Perdue and members of the House Agriculture Committee the Trump administration will prioritize exports of U.S. agriculture products and that “do no harm has got to be our objective” for upcoming NAFTA talks with Mexico and Canada -- a renegotiation process the panel’s chairman, Mike Conaway (R-TX), described as “unsettling” to the ag community.
A Q&A with Kentaro Sonoura, from Hanoi.
“Experts have also mentioned that the U.S. administration's restrictive approach to trade policy could lay the foundations for deeper EU-China economic ties.”
HANOI – Trade officials from Japan, Australia and New Zealand, on the sidelines of the Asia-Pacific Economic Cooperation ministers meeting here, told Inside U.S. Trade they were not in favor of reopening provisions of the Trans-Pacific Partnership as a way to ensure its entry into force without the United States – citing a potential unraveling of the deal and the maintenance of the high standards agreed to when the U.S. was still involved.
An interview with Steven Ciobo from Hanoi, where he met for the first time with the new USTR, Robert Lighthizer.
Inside U.S. Trade talks to Ildefonso Guajardo Villareal about NAFTA, TPP and his first meeting with the new USTR.
HANOI -- U.S. Trade Representative Robert Lighthizer, at his first public appearance here during the Asia-Pacific Economic Cooperation trade ministers meeting, said the U.S. defending its own market against unfair trade practices should not be confused with protectionism -- the definition of which, he claims, “is sort of migrating.”
HANOI -- Trade officials from the Trans-Pacific Partnership signatories on Sunday reiterated their commitment to finding a way for the deal to enter into force without the U.S., announcing here on Sunday they have tasked senior officials to assess a path forward ahead of the Asia-Pacific Economic Cooperation leaders meeting in November.
“The view of many countries is we shouldn't start unstitching that agreement.”
Business and industry groups -- urging the administration to “do no harm” in its attempts to modernize the North American Free Trade Agreement -- are also laying out initial wish lists for what an updated agreement should contain in response to the administration's notice of its intent to retool the deal this week.
“Now that the U.S. has withdrawn, the opportunity to remove these harmful and unnecessary rules should not be missed.”
Prime Minister Bill English wants to avoid a lengthy renegotiation.
Agriculture Secretary Sonny Perdue, outlining his trade agenda, told House members today there are portions of the Trans-Pacific Partnership that could be fashioned into a renegotiated NAFTA agreement.
Robert Lighthizer, slated to be sworn in as U.S. Trade Representative on Monday afternoon, will have a busy first week in office, meeting with congressional committees of jurisdiction to discuss the administration’s negotiating objectives for NAFTA and traveling to the two-day APEC trade ministers meeting in Vietnam, sources told Inside U.S. Trade.
Trade Minister Todd McClay: “We have agreed to continue to evaluate options under TPP that would deliver benefits for our citizens and the region.”
Tokyo eyes Australia, New Zealand as key partners in a smaller agreement.
Members of Japan’s National Diet, speaking in Washington, DC, on Tuesday, stressed that Tokyo will not be able to make the same concessions it did in the Trans-Pacific Partnership talks if the U.S. seeks a bilateral agreement with Japan instead -- and said detailed discussions on trade can’t happen until relevant U.S. agencies are adequately staffed.
Japan is not ready to jump into bilateral negotiations on a trade deal with the United States because it remains unclear what the U.S. would want from such a deal and how it would impact trade relationships with the rest of the region, Japan’s ambassador to the United States Kenichiro Sasae said Tuesday.