U.S. Trade Representative Katherine Tai on Friday challenged House Ways & Means members to follow up on their calls to negotiate new trade agreements with a modernized, bipartisan agenda to advance those efforts.
The visit comes ahead of the first U.S.-Kenya Strategic Trade and Investment Partnership round in April.
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The Council of Economic Advisers says the U.S. must “maintain the benefits associated with international trade and investment” and “expand beyond reducing barriers.”
“Not pursuing new tariff-reducing enforceable trade agreements breaks a four-decade-long bipartisan approach to trade policy and means we are missing out on opportunities to advance U.S. economic interests.”
Panama has called on Washington to review aspects of the country’s FTA with the U.S. it fears could harm its farmers.
U.S. Trade Representative Katherine Tai on Friday challenged House Ways & Means members to follow up on their calls to negotiate new trade agreements with a modernized, bipartisan agenda to advance those efforts.
U.S. automakers do not stand to gain more access to the Japanese and European Union markets via deals the U.S. is negotiating with both on critical minerals, U.S. Trade Representative Katherine Tai told House lawmakers on Friday.
“Fish Week” meetings this week focused on sustainability and special and differential treatment were “very successful,” the chair of the World Trade Organization fisheries subsidies negotiations said on Friday, urging delegations to put forward new proposals ahead of the next slate of meetings next month.
U.S. Trade Representative Katherine Tai on Thursday faced a barrage of criticisms from the leaders and some members of the Senate Finance Committee from both parties who expressed frustration that the administration is forging ahead on trade negotiations – including developing pacts with Japan and the European Union on critical minerals – without seeking congressional approval.
Amid a flurry of calls from Congress for more insight into the developing Indo-Pacific Economic Framework for Prosperity, the Office of the U.S. Trade Representative this week released summaries of texts in four areas of the IPEF trade pillar that the U.S. introduced late last year.
The Kenyan trade minister expects to wrap up trade and investment talks with the U.S. by the end of the year and sign a deal by next April, according to a new report, although the Office of the U.S. Trade Representative is not ready to set a deadline.
China this week proposed that the World Trade Organization’s environment committee take up individual climate-related measures implemented by members that could have “significant impact” on trade, allowing the body to discuss, among other issues, the legal basis of a country’s approach, its consistency with WTO rules and how it would be implemented.
The U.S. this week formally joined plurilateral talks at the World Trade Organization focused on reducing plastics pollution and facilitating more sustainable plastics trade.
Importers will appeal a recent Court of International Trade ruling that sustained the Office of the U.S. Trade Representative’s newly added reasoning for imposing the third and fourth lists of Section 301 tariffs on Chinese goods.
Senators, including several on the Senate Finance Committee, have been busy on the trade front recently, introducing a handful of bills they say will strengthen customs operations, enforcement and security, and address competition with China.
Canada continues to provide the major share of its dairy tariff-rate quotas to processors -- and in some cases might be providing them even greater access than it had prior to an adverse ruling on the practice by a U.S.-Mexico-Canada Agreement dispute settlement panel, the U.S. contends in its second challenge of Ottawa’s dairy policies.
“[W]e are concerned that Canada is pursuing a number of problematic proposals and actions that could significantly limit the ability of U.S. companies to export their goods and services.”
Key parts of Mexico’s entrenched, company-friendly labor system could remain in place past the country’s May 1 deadline to implement reforms mandated under the U.S.-Mexico-Canada Agreement, according to a congressionally mandated report issued on Monday.
The Biden administration and Congress likely will work to find a non-legislative solution to lawmakers’ concerns about a developing Inflation Reduction Act-related trade pact with the European Union that has highlighted longstanding -- and farther-reaching -- balance-of-power tensions over trade policy, analysts said on Wednesday.
The Biden administration should pursue an ambitious trade agenda that includes forging free trade agreements with like-minded, and like-valued, allies as a key component of democratic coalition-building in the face of potential threats from authoritarian regimes, the head of the largest U.S. manufacturing group argued this week.
The U.S. and its 13 Indo-Pacific Economic Framework for Prosperity partners in May will hold a third in-person negotiating round in Singapore, sources tell Inside U.S. Trade.
Canada continues to provide the major share of its dairy tariff-rate quotas to processors -- and in some cases might be providing them even greater access than it had prior to an adverse ruling on the practice by a U.S.-Mexico-Canada Agreement dispute settlement panel, the U.S. contends in its second challenge of Ottawa’s dairy policies.
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