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Treasury Department

(In Trade)
June 13, 2017

“One of the real dangers is not the giant companies, but two young kids in a garage somewhere that are onto some new technology.”


(Daily News)
June 12, 2017

The Trump administration has finalized a protocol between the United States and China laying out standards for U.S. beef exports to China, another step in following through on the initial outcomes of the bilateral 100-day action plan struck in April that moves U.S. producers closer to selling beef to Beijing for the first time since 2003.


(In Trade)
June 12, 2017

“Without action, one of the remaining U.S. aluminum companies will be acquired by a Chinese firm that has a track record of unfair and illegal trade actions.”


(Daily News)
June 06, 2017

The conclusion of a U.S.-China bilateral investment treaty is on the Trump administration’s agenda, Treasury Secretary Steven Mnuchin said on Tuesday, but only if agreements can be struck in the short term to resolve specific issues.


(Daily News)
June 06, 2017

House Ways & Means Committee Chairman Kevin Brady (R-TX) expressed confidence on Tuesday that his border adjustment tax proposal will make it into a final GOP tax reform package, although he acknowledged the political imperative of getting House and Senate Republicans and the White House behind one tax proposal.


(In Trade)
May 12, 2017

Trade a key topic in the discussions, held on the margins of the G7 finance ministers meetings.


(Daily News)
May 08, 2017

United Steelworkers president Leo Gerard has renewed a call for the Committee on Foreign Investment in the United States to block the acquisition of Aleris Corporation -- a U.S. aluminum producer -- by Zhongwang USA, a subsidiary of China Zhongwang Holdings Limited, a major producer of aluminum extruders.


(In Trade)
May 03, 2017

The talk with Wang Yang covered “bilateral issues related to the U.S.- China Comprehensive Dialogue and the overall economic and trade relationship.”


(Daily News)
May 02, 2017

The chairman and ranking member of the Senate Banking Committee on May 2 said they are searching for a way to clarify the benefits of the covered agreement on insurance and reinsurance measures between the U.S. and European Union without reopening the negotiations, while stakeholders are divided about whether such clarification would threaten the deal.


(In Trade)
May 01, 2017

“This is about national security interests. That's what we're focused on.”


(Daily News)
April 26, 2017

The Trump administration on Wednesday released the broad outlines of its priorities for tax reform without including any reference to the border adjustable tax that House Ways & Means Committee Chairman Kevin Brady (R-TX) and House Speaker Paul Ryan (R-WI) have championed.


(Daily News)
April 26, 2017

Senate Majority Whip John Cornyn (R-TX) and Senate Minority Leader Chuck Schumer will soon introduce separate bills aimed at reforming the Committee on Foreign Investment in the United States, sources and Cornyn told Inside U.S. Trade.


(In Trade)
April 24, 2017

Brown, Rep. Ryan want to work with the White House on “rolling back policies that have compelled Ohio steel mills to idle or close.”


(In Trade)
April 19, 2017

On the timing for a final bill, Brady said “we probably ought not to be focused on the month but the year,” with the goal still “this year.”


(Daily News)
April 18, 2017

Trade analysts and attorneys contend that the new element added to the Treasury Department's semiannual Foreign Exchange Rate Report -- for the first time targeting countries with disproportionate shares of the U.S. trade deficit -- could be seen as a warning shot across China's bow but doesn't have a significant immediate impact.


(In Trade)
April 17, 2017

“It is fair to say it is probably delayed a bit because of the healthcare.”


(In Trade)
April 16, 2017

“We will see what happens!”


(Daily News)
April 14, 2017

The Treasury Department has not found that any country meets its criteria for currency manipulation in a much-anticipated report that for the first time says any country that accounts for “a large and disproportionate share of the overall U.S. trade deficit” will be more closely monitored.


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