The Office of the U.S. Trade Representative is planning to hold six days of hearings to hear from as many as 370 witnesses as it considers tariffs on $200 billion worth of Chinese goods stemming from a Section 301 investigation into Beijing’s intellectual property and tech transfer policies.
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A joint resolution calls NAFTA “an opportunity to further strengthen regional competitiveness to succeed in the ever-evolving global marketplace.”
Wed, 5:18 PM
Competitive Enterprise Institute analysts write that “people should be free to trade with whomever they want, whenever they want, and however they want, without government interference.”
Wed, 5:01 PM
Rep. Kevin Cramer, the GOP nominee looking to unseat Sen. Heidi Heitkamp, said the purpose of the visit “is for North Dakotans to engage Trump administration officials on the president’s trade strategies.”
Wed, 12:23 PM
Mexican Economy Minister Ildefonso Guajardo is expected to be in Washington, DC.
Tue, 5:47 PM
“If we don’t take advantage of this window of opportunity, it will close towards the end of the month, and the push would lose force and we’d need to look at another calendar.”
Tue, 3:26 PM
Turkish President Recep Tayyip Erdoğan raised tariffs on U.S.-made goods on Wednesday after President Trump announced via tweet last week he was doubling Section 232 tariffs on Turkish steel.
The United States blocked the European Union’s request for a second compliance panel at a special Dispute Settlement Body meeting Wednesday -- a move the EU claimed went against a commitment the U.S. made in a 2012 sequencing agreement -- as the two sides remain embroiled in a 14-year battle at the World Trade Organization over subsidies four EU member states have provided to Airbus.
New export controls, particularly for emerging technologies, will be among the most significant areas to watch as the administration begins implementing the Foreign Investment Risk Review Modernization Act, analysts tell Inside U.S. Trade.
Canadian Finance Minister Bill Morneau on Tuesday announced the start of a public consultation period on potential safeguard actions to curb an influx of foreign steel into the Canadian market after President Trump imposed Section 232 tariffs on steel and aluminum.
Beijing on Tuesday initiated dispute settlement proceedings with the U.S. at the World Trade Organization over safeguard restrictions the Trump administration imposed on imports of foreign crystalline silicon photovoltaic cells and modules after previous consultations failed to produce an agreement over compensation.
American companies are growing increasingly concerned about backlash from China beyond retaliatory duties already in place or threatened -- and some businesses are already facing non-tariff barriers as retaliation for U.S. tariffs, according to an industry association source.
NAFTA
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The U.S. is insisting in North American Free Trade Agreement modernization talks with Mexico that autos that don’t meet the deal's rule of origin face tariffs higher than 2.5 percent, the U.S.’ bound rate at the World Trade Organization, according to industry sources.
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With midterm elections rapidly approaching, the Trump trade agenda is shaping up to be a potent campaign issue in some key races. And candidates are hearing from frustrated constituents across the country.
China
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American companies are growing increasingly concerned about backlash from China beyond retaliatory duties already in place or threatened -- and some businesses are already facing non-tariff barriers as retaliation for U.S. tariffs, according to an industry association source.
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The Office of the U.S. Trade Representative on Tuesday published a final list of Chinese imports worth roughly $16 billion to be hit with 25 percent tariffs beginning on Aug. 23, rounding out the first wave of U.S. tariffs on a total of $50 billion stemming from a Section 301 investigation into...
World Trade Organization
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The European Union has committed to buying more U.S. soybeans than could be accounted for by simple market forces, Agriculture Secretary Sonny Perdue said Monday after meeting with G20 agriculture ministers in Argentina over the weekend.
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The Chinese ambassador to the World Trade Organization excoriated the U.S. report on “China’s Trade Disruptive Model” in a fiery exchange at the WTO’s General Council meeting last week.
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Lawmakers, business groups call for talks with China after proposed tariff hike
As President Trump on Wednesday directed the U.S. Trade Representative to consider increased tariffs on $200 billion worth of Chinese goods, lawmakers and business groups renewed their calls for the Trump to work with U.S. allies and bring Beijing to the negotiating table.
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