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Treasury Department

(Daily News)
September 28, 2017

The National Association of Insurance Commissioners will have to decide how it can implement the new U.S.-EU covered agreement on insurance and reinsurance measures in a way that will not treat the EU more favorably than other countries that have been designated as “qualified jurisdictions,” according to the NAIC CEO.


(Daily News)
September 27, 2017

The Office of the U.S. Trade Representative has shared controversial proposals it intends to table in the NAFTA negotiations with the congressional committees of jurisdiction even though other government agencies objected to moving forward with them, sources said, leaving some to question whether the interagency process is broken.


(Daily News)
September 25, 2017

Two groups that were vocally opposed to the U.S.-EU covered agreement on insurance and reinsurance measures when the Obama administration submitted the deal to Congress in January are praising the policy statement the U.S. issued on Friday when it signed the deal.


(Daily News)
September 20, 2017

The United States and European Union are expected to sign a covered agreement on insurance and reinsurance measures by the end of the week, sources tell Inside U.S. Trade, with the U.S. planning to release a policy statement on how the deal will be implemented.


(Daily News)
September 14, 2017

Sen. John Cornyn (R-TX), the author of a bill to reform the national security watchdog Committee on Foreign Investment in the United States, believes his legislation will begin to move soon. Meanwhile, President Trump, under recommendation from CFIUS, this week exercised his authority to block the acquisition of a U.S. semiconductor company by a Chinese firm.


(In Trade)
September 06, 2017

“Seek a more timely solution and garner a commitment from China to allow U.S. companies to own 100 percent of their Chinese operations.”


(In Trade)
September 03, 2017

Mnuchin: “China has a lot of trade with them, there's a lot that we can do to cut them off economically, much more than we've done already.”


(In Trade)
August 03, 2017

The agreement on numerous nominees helps clear the way for Senate's summer recess.


(Daily News)
August 01, 2017

The White House should order the national security watchdog Committee on Foreign Investment in the United States to prevent all mergers and acquisitions by Chinese companies in the United States until Beijing takes meaningful steps to rein in North Korean aggression, Senate Minority Leader Charles Schumer (D-NY) wrote in a letter to President Trump.


(Daily News)
July 27, 2017

Top administration officials and Republican House and Senate leaders have decided to “set aside” the controversial border adjustment tax approach advanced by the House GOP, they said on Thursday.


(In Trade)
July 20, 2017

“Extensive consensus was reached. The two sides also agreed to cooperate constructively on narrowing trade deficits.”


(Daily News)
July 19, 2017

The U.S. and China appear to have fallen short of the Trump administration’s ambitions for the first Comprehensive Economic Dialogue, with Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross issuing a post-meeting statement that does not mention any new deliverables.


(Daily News)
July 19, 2017

In opening remarks today for the inaugural U.S.-China Comprehensive Economic Dialogue, Treasury Secretary Steven Mnuchin called for Beijing to reduce state intervention in a slew of sectors as a way to rebalance the bilateral trade relationship.


(Daily News)
July 18, 2017

On the eve of the first meeting of the U.S.-China Comprehensive Economic Dialogue, Commerce Secretary Wilbur Ross conceded on Tuesday that talks are getting harder as more sensitive issues come into play. Meanwhile, U.S. Trade Representative Robert Lighthizer has told senators that Chinese cloud computing restrictions and foreign equity caps have been raised in the context of the dialogue.


(In Trade)
July 14, 2017

“We believe that addressing the long-standing ownership caps that U.S. financial services firms face should be a top priority for the two sides.”


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