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World Trade Online

By Brett Fortnam

U.S. Trade Representative Robert Lighthizer has formally notified Congress of the administration's intent to negotiate trade agreements with the European Union, United Kingdom and Japan.

IN TRADE

Japan's economy minister Toshimitsu Motegi on Tuesday said six countries were expected to ratify the pact by November.

Tue, 5:56 PM

Canada, China, the European Union, Mexico, Russia and Thailand tried to join U.S. consultations with Turkey.

Tue, 5:14 PM

“The process we have to go through doesn't allow that to come up before the end of this year.”

Tue, 3:36 PM

The House members lament what they call a “glaring omission” given the size of the list.

Tue, 2:06 PM

“Since approximately half of the 1,660 MTB-eligible items are produced in China, there is overlap.”

Tue, 1:35 PM
By Isabelle Hoagland

Washington and Seoul will hold consultations under the auspices of the U.S.-Korea Free Trade Agreement to discuss revising the rules of origin for textile products that are not commercially available in either country.

By Hannah Monicken

British Prime Minister Theresa May on Monday defended her government's Brexit negotiations and attempted to assure British lawmakers that a “backstop” customs union arrangement with the European Union would only be temporary.

By Anshu Siripurapu

The U.S. initially put forward a provision in the U.S.-Mexico-Canada agreement that was “very rigid on trade” with China, but was persuaded to soften it, Canadian Prime Minister Justin Trudeau said this week.

By Hannah Monicken

America First Policies, a conservative advocacy group aligned with President Trump, this week began running ads touting the U.S.-Mexico-Canada Agreement and urging Congress to approve it.

By Brett Fortnam, Isabelle Hoagland

The U.S. International Trade Commission on Friday launched an investigation into the likely economic impacts of the U.S.-Mexico-Canada Agreement, a key element of the process -- and timing -- of implementing the deal in the U.S.

NAFTA

China
  • Despite a provision in the U.S.-Mexico-Canada Agreement that poses a “hurdle,” Mexico is “quite likely” to open trade talks with China over the next few years, the chief NAFTA negotiator for the incoming Mexican president said on Wednesday.

  • The Treasury Department on Wednesday moved forward with the implementation of the Foreign Investment Risk Review Modernization Act, announcing a pilot program under the law that would expand the ambit of the Committee on Foreign Investment in the United States.

World Trade Organization
  • The U.S. Ambassador to the World Trade Organization on Friday called out a group of what he called “middle-roader” countries for not committing to U.S. reform priorities for the WTO, saying “they really need to pick a lane.”

  • The U.S. and more than a dozen other World Trade Organization countries have criticized United Kingdom and European Union plans for post-Brexit market access and government procurement, citing questions about the accuracy of the data and whether the proposals rise to the level of commitment wanted by other members.