The European Union, China, Canada, Mexico and a dozen other World Trade Organization members have agreed this week to an interim mechanism for appeals while the Appellate Body remains paralyzed by a U.S. blockade.
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Three CSIS analysts said the communiqué’s section on trade “contained few new commitments and several caveats."
Fri, 4:08 PM
“You hear rumors about thought inside the administration about export restrictions, but frankly we have not seen that coming from them directly.”
Fri, 2:23 PM
An earlier version passed by the Senate called for a free trade agreement.
Fri, 1:48 PM
The agency had been accepting requests for delayed duty payments due to the COVID-19 outbreak.
Fri, 11:10 AM
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After President Trump’s visit to India last month revitalized trade talks between the two countries, efforts to curb the economic harm caused by a global pandemic have changed the bilateral dynamic, U.S.-India Business Council Vice President Amy Hariani said this week.
The U.S. Chamber of Commerce and the American Chamber of Commerce to the European Union on Thursday called on the Trump administration to resist the urge to impose new trade restrictions on the EU amid the coronavirus outbreak, arguing that the crisis is an opportunity to reinvigorate the trans-Atlantic relationship.
World Trade Organization members should prepare to resume agriculture negotiations, the chair of the talks said on Thursday, calling on participants to put forward new submissions.
U.S. Trade Representative Robert Lighthizer on Wednesday called the Export-Import Bank more important than ever as the agency rolls out initiatives to help U.S. companies respond to the coronavirus pandemic.
The American Institute for International Steel is again asking the Supreme Court to consider its challenge to the Section 232 statute, weeks after the U.S. Court of Appeals for the Federal Circuit ruled the administration’s imposition of national security-based steel tariffs was legal.
NAFTA
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Top officials from the U.S., Mexico and Canada are racing to implement the new U.S.-Mexico-Canada Agreement, Mexican Economy Minister Graciela Márquez Colín said on Wednesday, adding that a teleconference on how best to continue those efforts would be held the same day.
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Dan DiMicco, a member of USTR’s chief advisory panel and a longtime adviser to President Trump, said the administration’s trade team is working on business as usual despite complications caused by the coronavirus pandemic.
China
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Steel industry associations and a group representing a cross-section of U.S. sectors are calling on U.S. Customs and Border Protection to resume the collection of tariffs after the agency announced last week it would approve delayed payments of estimated duties, taxes and fees “on a case by case...
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The Office of the U.S. Trade Representative’s decision to review additional requests for Section 301 tariff exclusions is not enough to address the “tremendous strain” the coronavirus pandemic has placed on the country’s health care system and economy, three House Democrats said in a letter to...
World Trade Organization
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World Trade Organization members should prepare to resume agriculture negotiations, the chair of the talks said on Thursday, calling on participants to put forward new submissions.
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The World Trade Organization is weighing its options for rescheduling the 12th ministerial conference, now on hold due to the coronavirus pandemic, identifying next June or even December 2021 as the most likely candidates depending on the availability of a venue, according to a report summarizing the discussions.
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