USTR

The leaders of the Senate Finance Committee, the ranking member of the House Ways & Means Committee and several business groups on Wednesday immediately threw their support behind the Trump administration’s decision to launch a Section 301 investigation into a French digital services tax that will hit U.S. technology companies.

Tuesday marked the first day the Trump administration could legally send a U.S.-Mexico-Canada Agreement implementing bill to Capitol Hill, but National Economic Council Director Larry Kudlow said the draft legislation was unlikely to be submitted before House Speaker Nancy Pelosi (D-CA) gave the go-ahead.

Despite USMCA, they say, U.S. producers “remain concerned that access to Canada’s market will continue to be inhibited based on Canada’s requirement that strictly limits the varieties of wheat that can be included in its premium classes.”

The U.S. says Korea's Fair Trade Commission, which handles antitrust issues, denies U.S. companies “due process rights under the agreement that are necessary to secure a fair competition hearing.”

A delegation from the Office of the U.S. Trade Representative is slated to travel to India next week to resume trade talks that fell apart earlier this year, according to reports and sources.

A deal would be “in my view, easy to complete, so it will not run for years and years in a difficult negotiation,” the ambassador said.

The hearing is set for Aug. 27.

India on Thursday prevailed in its challenge of tax and financial incentives provided by U.S. states to the renewable energy industry that are contingent on domestic content, according to a World Trade Organization Dispute Settlement Body panel report.