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IN TRADE

The lawmakers are seeking a one-year waiver for the island after it was hit hard last week by Hurrican Fiona.

Tue, 4:03 PM

“It's important that we discuss each issue openly, understand the issue and hopefully one day our other partners in ASEAN will be part of the IPEF.”

Tue, 11:01 AM

A rundown of the week's many news-making events.

Mon, 4:21 PM

Members of the panel last week suggested the nominee could be approved via unanimous consent as soon as this week.

Mon, 12:59 PM

The targeted entries include products subject to the recently enacted Uyghur Forced Labor Prevention Act.

Mon, 10:04 AM
By Margaret Spiegelman

Korean officials continue to engage with the Biden administration about a resolution to Seoul’s concerns over a new U.S. tax credit for North American-made electric vehicles, the country’s trade ministry said this week, alluding to talk of whether Republican lawmakers might seek to “revise” the legislation that created the credits should they win either the House or the Senate in the midterm elections.

Insider Interview
By Jason Asenso

The Biden administration’s continued efforts to strengthen American supply chains helped place a much-needed “spotlight” on supply chain issues that allowed U.S ports to better handle last year’s shipping container backlog, says Port of Los Angeles Executive Director Gene Seroka.  

By Brett Fortnam

Senate Majority Leader Chuck Schumer (D-NY) and House Speaker Nancy Pelosi (D-CA), along with the sponsors of the National Critical Capabilities Defense Act, on Tuesday called on President Biden to take executive action to create an outbound investment review mechanism they say would enhance U.S. security in the face of Chinese and Russian threats.

By Brett Fortnam

With indicators pointing toward a global recession, World Trade Organization Director-General Ngozi Okonjo-Iweala on Tuesday said her top short-term priority for the WTO was addressing food insecurity and finding a way to provide for world’s poorest populations.

By Margaret Spiegelman

Commitments to multilateral environmental accords -- like the Paris Agreement -- that are not explicitly named in the U.S.-Mexico-Canada Agreement represent an important facet of the deal’s framework for strengthening environmental protections, Assistant U.S. Trade Representative for Environment and Natural Resources Kelly Milton said last week.

By Maydeen Merino

A group of senators has reintroduced legislation that would double funding for two Agriculture Department programs designed to boost exports of U.S. agricultural goods, with one sponsor saying more support for exporters is needed in light of the Biden administration’s trade policies.

  • Sen. Raphael Warnock (D-GA) is calling on the Treasury Department to ensure as many manufacturers as possible can take advantage of a new tax credit for North American-made electric vehicles that has been sparking concern among trading partners and foreign automakers with facilities in the U.S.

  • President Biden has concurred with the Commerce Department’s determination that imports of neodymium-iron-boron permanent magnets threaten national security and will take a series of recommended actions -- but not tariffs -- to mitigate that threat, the administration announced.