The administration “can make some changes” to the U.S.-Mexico-Canada Agreement to win Democratic votes, President Trump said on Wednesday, while House Ways & Means trade subcommittee chairman Earl Blumenauer (D-OR) said his caucus was “open” to negotiating how those adjustments could be made.
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IN TRADE
Brookings' David Dollar: “We chose a bilateral trade war with China, and that seems to be failing in terms of all of the stated objectives.”
Wed, 2:32 PM
The Japanese trade minister refuted U.S. officials this week, saying, “there will be no partial agreement. It will be a package agreement.”
Wed, 1:25 PM
The president called Vietnam “almost the single-worst abuser of everybody” and added, “we'll start working on that too, by the way. I don't want to do too many at one time.”
Wed, 11:41 AM
President Trump will travel to Osaka, Japan, for the G20 summit this week. He is expected to meet with Prime Minister Shinzo Abe.
Tue, 4:14 PM
The “Reclaiming Congressional Trade Authority Act” is a companion to legislation introduced in the Senate in March by Sens. Kaine and Carper.
Tue, 2:58 PM
A Commerce Department nominee who helped write a report on the national security implications of auto and auto parts imports is being held up in Congress over concerns about the investigation, which President Trump has said could lead to tariffs, Sen. Doug Jones (D-AL) told Inside U.S. Trade on Tuesday.
FedEx is suing the Commerce Department over the implementation of the Export Control Reform Act, claiming that a lack of a safe harbor for common carriers in the U.S. Export Administration Regulations violates the company’s Fifth Amendment rights.
After meeting with U.S. Trade Representative Robert Lighthizer on Tuesday, the leader of a House task force on the U.S.-Mexico-Canada Agreement’s biologics provisions said the USTR appeared open to making changes to the deal.
Mexico has outlined and submitted to Capitol Hill a “proposed roadmap” showing how it plans to implement its labor law reforms through 2023.
U.S. Trade Representative Robert Lighthizer will meet on Tuesday with a House working group tasked to work with the administration on Democratic concerns with the U.S.-Mexico-Canada Agreement, sources tell Inside U.S. Trade.
NAFTA
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A new report from the Government Accountability Office shows U.S. government procurement contracts are more likely to be awarded to foreign companies when subject to international trade commitments, prompting two Democratic senators to call for expanded “Buy America” laws.
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A vote on the U.S.-Mexico-Canada Agreement ahead of Capitol Hill’s August recess is “not going to happen,” House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) said on Thursday.
China
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As trade associations and large companies continue to voice opposition of new tariffs on roughly $300 billion worth of Chinese goods, hundreds of domestic producers and four manufacturing and labor groups sent a letter to President Trump on Friday urging him to maintain his hardline approach to...
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A vote on the U.S.-Mexico-Canada Agreement ahead of Capitol Hill’s August recess is “not going to happen,” House Ways & Means trade subcommittee Chairman Earl Blumenauer (D-OR) said on Thursday.
World Trade Organization
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A new report from the Government Accountability Office shows U.S. government procurement contracts are more likely to be awarded to foreign companies when subject to international trade commitments, prompting two Democratic senators to call for expanded “Buy America” laws.
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As World Trade Organization plurilateral negotiations on electronic commerce resumed this week, business groups released their digital trade priorities, emphasizing the need for an “ambitious” agreement that enshrines the free flow of data across borders.
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