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Treasury Department

(Daily News)
April 10, 2018

The Treasury Department has signaled to key lawmakers and stakeholders that it is willing to enact elements of a bill to overhaul the Committee on Foreign Investment in the United States through an executive order as part of the Trump administration’s response to China’s intellectual property and tech transfer practices, sources familiar with the internal deliberations say.


(In Trade)
April 09, 2018

ITI: “We strongly encourage the administration to build an international coalition that can challenge China at the WTO and beyond. Numerous countries share the United States’ concerns.”


(In Trade)
April 06, 2018

“Obviously we're not going to do this and lay out our negotiations in the public domain. I am in communications.”


(Daily News)
March 27, 2018

A currency agreement being negotiated by the U.S. Treasury Department and Korea’s Ministry of Strategy and Finance will not be subject to the U.S.-Korea Free Trade Agreement dispute settlement rules, administration officials said Tuesday -- adding that the Trump administration instead will rely on Korea being a “serious” partner that abides by its currency commitments.


(In Trade)
March 23, 2018

“It is transformative in terms of the way the Treasury Department is dealing with this. My hope is that we end up with language that deals with transparency and deals with competitive devaluations.”


(Daily News)
March 22, 2018

President Trump today will direct U.S. Trade Representative Robert Lighthizer to take actions against China’s unfair trading practices that will include raising tariffs on Chinese products and litigation at the World Trade Organization.


(Daily News)
March 22, 2018

President Trump this afternoon will sign a presidential memorandum “targeting China’s economic aggression,” announcing that his administration will impose tariffs on $50 billion worth of Chinese products and directing his Treasury secretary to take action to restrict Chinese investment in the U.S.


(Daily News)
March 06, 2018

House and Senate Republicans and major business groups are stepping up last-minute efforts to convince President Trump not to slap global tariffs on all steel and aluminum imports, with lawmakers discussing possible legislative actions and the leaders of key committees preparing letters urging that Trump take more tailored actions to combat only “true abusers.”


(Daily News)
February 27, 2018

Treasury Secretary Stephen Mnuchin has had “very high-level” discussions with his counterparts from Trans-Pacific Partnership countries on a possible return to the trade pact, although re-entry is not a priority for the U.S. today, Mnuchin said Tuesday.


(Daily News)
February 15, 2018

Two top Trump administration officials this week voiced optimism about concluding the renegotiation of NAFTA and dodging withdrawal from the deal.


(Daily News)
February 08, 2018

The Trump administration is looking for a new candidate to lead the Export-Import Bank and urging the Senate to fill its board, but Sen. Pat Toomey (R-PA), who has been blocking the four board nominees awaiting confirmation, says he’s reserving judgment as he waits to see who the White House puts forward.


(Daily News)
January 25, 2018

The Trump administration on Thursday presented a unified front in favor of reforming and expanding the Committee on Foreign Investment in the United States, with officials from the Treasury, Commerce and Defense departments telling the Senate Banking Committee they back a bill pushed by Senate Majority Whip John Cornyn (R-TX) but want to avoid signaling that the U.S. is discouraging investment.


(In Trade)
January 25, 2018

The statement says FIRRMA furthers “the twin aims of protecting national security and preserving the longstanding U.S. open investment policy.”


(Daily News)
January 17, 2018

The White House is considering the creation of a reciprocal investment regime with China following a Section 301 investigation into Chinese technology and intellectual property policies, but some in the administration fear it would lead to stock market losses and negatively affect U.S. companies doing business in China, private-sector sources briefed by White House officials told Inside U.S. Trade.


(In Trade)
January 10, 2018

The World Economic Forum begins on Jan. 23.


(Daily News)
January 09, 2018

Rep. Andy Barr (R-KY), the chairman of the House Financial Services subcommittee that oversees the Committee on Foreign Investment in the United States, said Tuesday that President Trump will by August be sent a bill to update the national security watchdog, but not necessarily the legislation being pushed Senate Majority Whip John Cornyn (R-TX) and Rep. Robert Pittenger (R-NC) and supported by some of Trump’s Cabinet.


(In Trade)
December 15, 2017

The Treasury secretary says FIRRMA “will help ensure that CFIUS has the tools necessary to protect the national security of the United States, while maintaining our open investment environment.”


(Daily News)
December 14, 2017

Former Defense, Treasury and Commerce department officials told a House subcommittee on Thursday that the watchdog Committee on Foreign Investment in the United States needs more resources to perform its duties.


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