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Treasury Department

(Daily News)
October 28, 2020

The United States and the European Union on Tuesday chastised China for failing to adequately report steel and semiconductor sector subsidies to the World Trade Organization, while Beijing called a new U.S. practice of investigating currency valuation as a countervailable subsidy an abuse of the system, according to a Geneva official.


(Daily News)
October 16, 2020

A Section 301 investigation into Vietnam’s currency devaluation could be designed to put further pressure on China, analysts tell Inside U.S. Trade – and could be a harbinger of future probes if President Trump wins re-election.


(In Trade)
October 16, 2020

U.S. groups warn that France’s collection of the DST will undermine OECD efforts to rewrite international tax rules.


(In Trade)
October 07, 2020

USTR is not scheduling public hearings because of COVID-19 restrictions.


(In Trade)
October 05, 2020

“We do still see China-related transactions and we’re paying attention in the non-notified space to a number of transactions as well.”


(Daily News)
October 02, 2020

The Office of the U.S. Trade Representative plans to initiate a Section 301 investigation into Vietnam’s timber imports and currency practices, USTR announced late on Friday.  


(Daily News)
September 25, 2020

International digital service tax talks, which U.S. stakeholders hope will obviate foreign digital taxes and other countries see as an avenue to avoid U.S. tariffs, are set to miss an end-of-year deadline because negotiators are unlikely to solve key political divides ahead of the U.S. elections, according to industry sources.


(Daily News)
September 18, 2020

The Treasury Department this week issued a final rule revising the requirements for some transactions -- involving U.S. businesses affiliated with the production of critical technologies -- to be declared to the Committee on Foreign Investment in the United States.


(Daily News)
August 25, 2020

TikTok is suing the Trump administration over an Aug. 6 executive order requiring the company be sold to a U.S. entity or banned from operating in the U.S., saying it does not meet the statutory requirements needed to invoke the International Emergency Economic Powers Act.


(In Trade)
August 25, 2020

“We can be down on them for some lanes, but maybe keep the trade going? The trade helps America jobs. That's the key point.”


(Daily News)
July 06, 2020

The U.S. and China should focus on the implementation of their initial trade deal, a coalition of key business groups told the administration this week, contending it will liven up the global economy and provide momentum for a phase-two agreement.


(In Trade)
March 30, 2020

“We urge you to immediately issue a directive to [CBP] to defer all tariffs for at least 90 days, or until the crisis passes.”


(Daily News)
March 06, 2020

At the behest of the Committee on Foreign Investment in the U.S., President Trump on Friday dissolved a 2018 acquisition of a Maryland-based mobile hotel property management system by a Chinese company and ordered the U.S. firm to immediately restrict access to hotel guest data.


(Daily News)
March 03, 2020

Several House Ways & Means Committee members on Tuesday backed efforts led by Treasury Secretary Steven Mnuchin to find a multilateral solution to an international digital services tax dilemma this year.


(In Trade)
March 02, 2020

“As technological change accelerates, closer cooperation and coordination among allied and partner governments is necessary to protect our collective national security.”


(Daily News)
December 18, 2019

The European Parliament on Wednesday overwhelmingly passed a resolution supporting aspects of an Organization for Economic Cooperation and Development digital tax proposal that Treasury Secretary Steven Mnuchin criticized earlier this month.


(In Trade)
December 09, 2019

Morneau: “These companies are international and we want to make sure they pay their fair share in tax and don’t find a way around it.”


(In Trade)
December 06, 2019

“An optional solution would clearly not be acceptable to France or its OECD partners.”


(Daily News)
December 06, 2019

Treasury Secretary Steven Mnuchin this week told the head of the Organization of Economic Cooperation and Development that the U.S. had concerns with a proposed tax framework crafted to pre-empt the need for digital services taxes and suggested a new approach the OECD warned could imperil the timeline for concluding the negotiations.


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