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Treasury Department
(In Trade)
May 21, 2018
May 21, 2018
Mnuchin: “I think for right now we’re still focused on a new NAFTA that would go through Congress, but we easily can look at the skinny deal as an alternative and that’s something the president can consider.”
(In Trade)
May 21, 2018
May 21, 2018
“On China, Barriers and Tariffs to come down for first time,” he tweeted.
(Daily News)
May 20, 2018
May 20, 2018
The U.S. will suspend plans to impose new tariffs on Chinese goods, Treasury Secretary Steven Mnuchin confirmed on Sunday.
(In Trade)
May 14, 2018
May 14, 2018
Liu will be in Washington from May 15 to 19 to meet withTreasury Secretary Steve Mnuchin and others.
(Daily News)
May 14, 2018
May 14, 2018
The discussion draft of the Foreign Investment Risk Review Act that the Senate Banking Committee will mark up on May 22 does not include language that would authorize the Committee on Foreign Investment in the United States to review outbound investments for technology transfers that could harm U.S. national security, a win for companies and business groups that had lobbied against it.
(Daily News)
May 10, 2018
May 10, 2018
Progress on the Foreign Investment Risk Review Modernization Act has been slowed due to a disagreement between the Treasury Department and the Defense Department over whether the bill should allow the Committee on Foreign Investment in the United States review outbound investment, sources and a key GOP lawmaker told Inside U.S. Trade this week.
(Daily News)
May 04, 2018
May 04, 2018
China and the United States failed this week to reach an agreement that would stave off U.S. tariffs, as Beijing rejected a list of demands from the United States ranging from a $200 billion reduction in the U.S. trade deficit over two years to a pledge to end government support for sectors highlighted in the “Made in China 2025” program.
(Daily News)
April 24, 2018
April 24, 2018
Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will travel to China “in a few days” to talk trade, Trump said on Tuesday, adding he thinks there is a “very good chance of making a deal” of sorts with Beijing.
(Daily News)
April 24, 2018
April 24, 2018
The AFL-CIO has thrown its weight behind the Foreign Investment Risk Review Modernization Act and advised against changes to it.
(Daily News)
April 23, 2018
April 23, 2018
Senate Majority Whip John Cornyn (R-TX) is continuing to rally support for his bill to modernize the Committee on Foreign Investment in the United States, but the chairman of the Senate Banking Committee, Mike Crapo (R-ID), still has some apprehension about the bill’s balance.
(File Document)
April 13, 2018
April 13, 2018
(Daily News)
April 10, 2018
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
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
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
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
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
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.
(File Document)
March 22, 2018
March 22, 2018
(Daily News)
March 22, 2018
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.
Republican lawmakers, business groups ratcheting up pressure on Trump to back off global 232 tariffs
(Daily News)
March 06, 2018
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.”