DETROIT -- Trade ministers from Asia-Pacific Economic Cooperation countries wrapped up two days of meetings here with an agreement to coordinate on efforts to address challenges like climate change and ensure more inclusive trade, according to a chair’s statement issued on Friday.
Special report: The Detroit ministerial
IPEF members agree to create 'facility-specific' labor compliance tool
DETROIT – Indo-Pacific Economic Framework for Prosperity members on Saturday said they had agreed to create a mechanism for addressing “facility-specific” worker-rights violations as part of a broader agreement on supply chains.
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A joint statement issued after the Detroit ministerial does not say which partners have agreed to join, but it notes that others may sign up “when ready to do so.”
Sat, 1:42 PM
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Fri, 2:23 PM
New Zealand hosted a meeting of partner countries in Detroit.
Fri, 2:09 PM
USTR said she “highlighted the need to address the critical imbalances caused by China’s state-led, non-market approach to the economy and trade policy” and “raised concerns about PRC actions taken against U.S. companies operating there.”
Fri, 1:14 PM
“We have an opportunity to forge a new path for our people and for our planet and to build our economies from the bottom up and the middle out, to deliver tangible results for our people.”
Thu, 5:25 PM
The Biden administration’s approach to the Indo-Pacific Economic Framework for Prosperity threatens to endanger U.S. interests in the region and beyond, a broad group of major U.S. business and industry groups charged on Friday, just ahead of an IPEF ministerial in Detroit.
With U.S. Cabinet members and their European counterparts set to meet in Luleå, Sweden, next week for the fourth U.S.-EU Trade and Technology Council meeting, businesses on both sides of the Atlantic are hoping they can reach agreement on several environmentally focused initiatives.
World Trade Organization participants in talks on plastics pollution have begun honing a possible outcome for the upcoming 13th ministerial conference, with the negotiation leads issuing a first draft focused on promoting circular trade and trade in plastic alternatives as well as on supporting least-developed and small-island developing countries in reducing plastics pollution.
DETROIT – U.S. Trade Representative Katherine Tai put labor concerns front and center in an event ahead of an Asia-Pacific Economic Cooperation trade ministerial on Thursday, calling on her counterparts to do the same in their discussions about trade policy.
Insider Interview
STANFORD, CA – The Indo-Pacific Economic Framework for Prosperity trade pillar has a “limit” on how fast it can be steered through the steps needed to reach a deal, former Assistant U.S. Trade Representative for Japan, Korea and Asia-Pacific Economic Cooperation Michael Beeman said this week, as IPEF partners prepare for a key meeting in Detroit.
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Argentina has launched a World Trade Organization dispute with the U.S. over antidumping duties on pipes used in oil and gas production, arguing the U.S. determination did not accord with WTO rules.
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To facilitate future decision-making, the World Trade Organization should convene a vice-ministerial or senior officials’ meeting ahead of a ministerial conference and revamp the General Council agenda to prioritize new proposals that require member decisions, China says in a new WTO submission.
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In response to the “ongoing Uyghur genocide,” the House Select Committee on the Chinese Communist Party on Wednesday adopted a report recommending Congress pass laws directing the administration to reduce the de minimis threshold, impose sanctions on Chinese technology companies and restrict U.S. investments in critical technology sectors in China.
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China’s decision to ban the use of Micron products in the country’s critical information infrastructure is “a troubling use of economic coercion against the U.S.,” Senate Majority Leader Chuck Schumer (D-NY) said on Tuesday.
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STANFORD, CA -- U.S.-Mexico-Canada Agreement partners must work to “enhance” the agreement ahead of its 2026 review by expanding cooperation on supply chains and other areas, the CEO of the Canadian Chamber of Commerce said here last week, warning against taking the deal for granted.
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The U.S. has asked Mexico to review alleged worker-rights violations at a Goodyear facility in Mexico, invoking the U.S.-Mexico-Canada Agreement’s novel rapid-response tool for the eighth time.
FEATURED STORY
The U.S. and Taiwan have concluded several chapters under their “Initiative on 21st Century Trade” in an early harvest deal that includes agreed language on trade facilitation, domestic regulation of services, good regulatory practices and small and medium-sized enterprises, the Office of the U.S. Trade Representative announced.
A weekly overview of the policy moves driving the U.S.-China tech competition
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Eyes on IPEF: Threading the needle on digital trade
DETROIT – The U.S. is navigating a tricky course in closely watched negotiations on digital trade with partners in the Indo-Pacific Economic Framework for Prosperity amid competing pressures from domestic stakeholders, including from the left wing of the Democratic party, sources tell Inside U.S. Trade ahead of an IPEF ministerial here later this week.
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House China panel calls for sanctions, de minimis changes, investment curbs
In response to the “ongoing Uyghur genocide,” the House Select Committee on the Chinese Communist Party on Wednesday adopted a report recommending Congress pass laws directing the administration to reduce the de minimis threshold, impose sanctions on Chinese technology companies and restrict U.S. investments in critical technology sectors in China.
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Argentina initiates WTO dispute with U.S. over duties on oil pipes
Argentina has launched a World Trade Organization dispute with the U.S. over antidumping duties on pipes used in oil and gas production, arguing the U.S. determination did not accord with WTO rules.
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Business groups warn of sovereignty requirement in draft EU cyber cloud regs
The latest draft European Union cybersecurity certification scheme for cloud services contains “politically motivated” sovereignty requirements, including data localization provisions that major international business groups say will create barriers for entry for non-EU companies as well as EU companies with global operations.
Editor's Note
There will be no updates posted May 29 in observance of the Memorial Day holiday.
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