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Tentative U.S.-Vietnam 'Consistency Plan' Links Tariff Benefits To Labor Compliance

ATLANTA – Vietnam has tentatively agreed with the United States on a fully enforceable implementation plan to bring its labor regime into compliance with the Trans-Pacific Partnership (TPP) labor chapter that would explicitly condition the reduction of some U.S. tariffs on Vietnam's granting full freedom of association to independent unions, according to informed sources.

Guajardo Says He Expects TPP Deal Sunday; Press Conference Pushed To Roughly 6 P.M.

Second Update: ATLANTA – Mexican Economy Secretary Ildefonso Guajardo Villarreal said midday Sunday (Oct. 4) that he expects Trans-Pacific Partnership (TPP) trade ministers will be able to reach an agreement by the end of the day here, shortly before the U.S. government announced that the closing press conference for the ministerial is tentatively scheduled for 6 p.m. local time.

U.S., Australia Float Joint Biologics Text To Other TPP Countries For Vetting

ATLANTA – The United States and Australia have jointly developed a text proposal on the exclusivity term for biologics medicines and overnight began showing it to other Trans-Pacific Partnership (TPP) countries in an effort to build support, in a move that is raising optimism that negotiators can reach a broader agreement by the end of the day Sunday (Oct. 4), according to informed sources.

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Inside U.S. Trade - October 2, 2015

TPP Ministerial Likely To Stretch To Weekend Despite Auto Progress

ATLANTA -- As of press time, the Trans-Pacific Partnership (TPP) ministerial taking place here was considered increasingly likely to last beyond Friday (Oct. 2) due to continuing differences on dairy market access and monopoly protections for biologic drugs, despite key parties being close to a deal on the automotive rules of origin.

U.S. Tobacco Proposal Makes ISDS Carveout Optional; Builds On Model BIT

Xi Touches On Brewing Legal Fight Over China's Status In Dumping Cases

U.S. Has Not Put Forward Proposals For Most TTIP Sectors, Leak Shows

Latest News

A coalition of 18 U.S. and international business groups are pressing the China Banking Regulatory Commission (CBRC) to overhaul a proposed regulation that would require foreign technology companies to incorporate China-developed encryption algorithms and security mechanisms if they supply Chinese financial institutions.

House Ways & Means Chairman Paul Ryan (R-WI) on Wednesday (Sept. 30) said two fellow House Republican lawmakers are working to craft a miscellaneous tariff bill (MTB) compromise that will not run afoul of the party's ban on earmarks, but signaled that this may not be part of the pending customs bill package.

The Peruvian government is fighting back against claims that it has not fully complied with the environmental provisions of the U.S.-Peru free trade agreement, but an English-language document it released this month as part of this campaign in fact shows that Lima as of mid-2014 had still not fully implemented 10 of its 29 obligations under the deal's forestry annex.

World Trade Organization members negotiating to expand the Information Technology Agreement (ITA) this week in Geneva are pushing back on China's demands that it be allowed to phase out tariffs over the longest possible timeframe for roughly 40 percent of the IT products being considered in the expansion talks.

The European Union’s ambassador to the United States on Tuesday (Sept. 29) predicted the two sides will reach a point in their trade talks next year when they must decide which sectors will be part of a package on regulatory cooperation and which will have to be left for later.

The United States on Monday (Sept. 28) slammed an opinion handed down last week by the advocate general of the European Court of Justice eviscerating the U.S.-EU “Safe Harbor” data transfer framework, saying the preliminary ruling was based on flawed information and could have disastrous implications for trans-Atlantic business.

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  • The World Trade Organization's Dispute Settlement Body (DSB) at a regular meeting on Sept. 28 established a panel at the request of Indonesia to determine whether U.S. antidumping and countervailing duties on coated paper from Indonesia are in violation of its WTO commitments.

  • Selected members of the World Trade Organization participating in the negotiations for an Environmental Goods Agreement (EGA) have taken the first step toward narrowing the potential product scope of the initiative from 665 by grouping items with the broadest backing into one list and relegating those with less support to another.

Around the World

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  • The lead House Republican supporter of the Export-Import Bank announced on Sept. 30 that he is seeking to file a discharge petition that would bring his Ex-Im reauthorization bill to the floor for a vote, five days after he told Inside U.S. Trade he would wait until House Speaker John Boehner (R-OH) resigned before pursuing such a move.

  • President Obama and Chinese President Xi Jinping on Sept. 25 committed that neither government will participate in or endorse the cybertheft of commercial trade secrets and pledged to "intensify" negotiations for a U.S.-China Bilateral Investment Treaty (BIT), but stopped short of announcing a goal for the agreement's conclusion.

FTA Central

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  • ATLANTA -- Australia is making the case to the United States and other Trans-Pacific Partnership (TPP) countries here that its domestic system effectively provides for at least six years of market exclusivity for biologic drugs, in an apparent effort to show flexibility to U.S. demands for an extended term for this advanced class of medicines, according to informed sources.

  • ATLANTA -- U.S. Trade Representative Michael Froman last week sought to reassure members of the Ways & Means Committee that U.S. negotiators are working to get the best deal possible on dairy market access in the Trans-Pacific Partnership (TPP) that would entail a balanced outcome for the sector, according to congressional sources.