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IN TRADE

“They're urging us to do another trade bill, so we'll see how we can work together,” the speaker said following meetings with leaders in Asia.

Tue, 6:08 PM

The country would become the ninth to ratify.

Tue, 4:46 PM

Citing Russia’s invasion of Ukraine, the sponsors back a “regional trade and economic competitiveness initiative, which would support democratic resilience, economic development and prosperity in the region.”

Mon, 5:54 PM

“The ‘real’ cost of GSP expiration to date is likely over $2 billion,” the Coalition for GSP said.

Mon, 4:02 PM

“From spending to trade, congress has surrendered too many authorities to the executive branch,” said Rep. Mike Gallagher (R-WI).

Mon, 10:38 AM
By Jason Asenso

A dust-up over comments made by the U.S. nominee to serve as ambassador to Nicaragua has sparked questions about whether the country could be removed from the Dominican Republic-Central America Free Trade Agreement, and the consequences of any move to oust it, analysts tell Inside U.S. Trade.

By Hannah Monicken

The first-ever forced labor strategy being developed by the Office of the U.S. Trade Representative should include robust enforcement and collaboration at home and abroad, organizations that have provided official feedback agree.

By Maydeen Merino

The Commerce Department has completed its review of whether imports of neodymium-iron-boron permanent magnets threaten U.S. national security and delivered its findings to the president, according to the agency.

By Brett Fortnam

The U.S. is planning a Sept. 8-9 ministerial to mark the launch of Indo-Pacific Economic Framework for Prosperity negotiations, wrapping up a months-long scoping exercise with the release of joint statements that will outline the areas the framework’s four pillars will cover as well as which countries will take part in each pillar, sources tell Inside U.S. Trade.

By Dan Dupont

The U.S. should remove Section 232 tariffs on steel and aluminum from South Africa to ensure the two countries can “significantly” expand bilateral trade and investment, South Africa’s minister of international relations and cooperation, Naledi Pandor, told Secretary of State Antony Blinken this week.

By Dan Dupont

The U.S. must “make a habit” of boosting domestic industries as it hopes to do via a package of semiconductor manufacturing incentives the president will sign into law this week, according to U.S. Trade Representative Katherine Tai.

  • The recently completed World Trade Organization deal to rein in global fisheries subsidies could enter into force in a year or less if governments choose to move quickly, WTO Director-General Ngozi Okonjo-Iweala said on Thursday, arguing that implementing the deal quickly -- and not in the usual two to three years -- is paramount for ocean sustainability.

  • As lawmakers and industry groups increase pressure against the push at the World Trade Organization to expand a recent intellectual property decision to include diagnostics and therapeutics, the Biden administration has kept a low profile, declining to say publicly where it stands -- but its past positions and a recent statement suggest no eagerness to move forward on the issue.

  • A Mexican government agency created to oversee labor reforms mandated by the U.S.-Mexico-Canada Agreement has approved new guidelines for union democracy, following analysis of two years of reform efforts and several complaints about worker-rights violations in the country filed by the U.S. under USMCA.

  • Canada intends to launch a dispute under the U.S.-Mexico-Canada Agreement over U.S. antidumping and countervailing duties on softwood lumber, Canada’s Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng said on Thursday following the results of a review of those duties by the Commerce Department.