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World Trade Online

September promises to pick up the pace on trade and economic issues with the return of Congress on Sept. 6 domestically, and internationally with the G20 leaders' summit chaired by China on Sept. 4-5 in Hangzhou and the European Union deliberations on its future in the wake of the United Kingdom's Brexit vote.

IN TRADE

“The TPP has a good balance of provisions that will benefit the country and assure appropriate protection for sensitive areas for Chile.”

Fri, 2:07 PM

“It is our hope that this group can shed light on practicable and actionable steps forward that will serve to advance sound trade and competition policy.”

Fri, 1:31 PM

“As we have said for months, timing will be determined by progress on the substance – and the administration has a lot of work to do there.”

Fri, 11:22 AM

“U.S. companies are excited by the opportunities that Vietnam offers,” said Karan Bhatia, vice president of GE.

Fri, 10:47 AM

“I think that the number of [Democratic] votes that are there that are known is roughly about 27.”

Fri, 10:40 AM

Insurance groups, entering the final stretch of this year's election season, will tout the benefits of the Trans-Pacific Partnership and the broader importance of trade policy during the ongoing National Association of Insurance Commissioners summer conference.

With roughly four weeks remaining in the legislative session before the November elections, congressional trade committee staff has not yet begun working with the Obama administration on an implementing bill for the Trans-Pacific Partnership, and is still focused on implementation issues.

Senate Majority Leader Mitch McConnell (R-KY) on Aug. 25 said the current Trans-Pacific Partnership agreement will not be taken up by the Senate this year, noting that the deal has serious flaws that can be fixed by the next administration.

The outcome of a high-profile section 337 case against China could hand U.S. companies a new tool to block imports of products that were built using U.S. trade secrets stolen through a cyberattack, according to attorneys and trade experts.

Interim final regulations issued this week by Customs and Border Protection to establish a new process for investigating the evasion of antidumping and countervailing duties will set deadlines and require public notifications, but may fall short of ensuring that interested parties get sufficient information to participate effectively in an investigation, according to private-sector lawyers.

Citing a lack of consensus among government agencies, South Korea has announced it will delay a decision on whether to allow Google to export mapping data to servers located outside of the country and whether the company is required to blur national security-sensitive locations on its maps.

Around the World
  • The outcome of a high-profile section 337 case against China could hand U.S. companies a new tool to block imports of products that were built using U.S. trade secrets stolen through a cyberattack, according to attorneys and trade experts.

  • Interim final regulations issued this week by Customs and Border Protection to establish a new process for investigating the evasion of antidumping and countervailing duties will set deadlines and require public notifications, but may fall short of ensuring that interested parties get sufficient information to participate effectively in an investigation, according...

World Trade Organization
  • The European Union is considering instituting a ban on imports of North American lobster after a Swedish risk assessment found that the lobsters could be an “invasive species,” but the U.S. and Canada are pushing back against the legitimacy of that assessment and the dispute has garnered attention on Capitol Hill.

  • An ambitious European Union second revised offer in the plurilateral Trade in Services Agreement could undermine the EU's negotiating position in the Transatlantic Trade and Investment Partnership, according to a report prepared for the European Parliament.

FTA Central
  • With roughly four weeks remaining in the legislative session before the November elections, congressional trade committee staff has not yet begun working with the Obama administration on an implementing bill for the Trans-Pacific Partnership, and is still focused on implementation issues.

  • Senate Majority Leader Mitch McConnell (R-KY) on Aug. 25 said the current Trans-Pacific Partnership agreement will not be taken up by the Senate this year, noting that the deal has serious flaws that can be fixed by the next administration.