The U.S. and Canada this week will once again face off in their long-running dispute over U.S. duties on Canadian softwood lumber, this time during a four-day hearing before a binational dispute settlement panel that, per Ottawa, owes less deference to the U.S. Commerce Department than past panels have shown in light of the Supreme Court’s overruling of the so-called “Chevron” doctrine.
September 9, 2024
World Trade Online
U.S. Trade Representative Katherine Tai on Monday declined to say whether she would be interested in continuing in her role should Vice President Harris win the White House.
Trade policy alone cannot ensure that the benefits of global trade are widespread, the World Trade Organization says in its latest annual report, calling for complementary domestic policies – such as those that facilitate labor force movement, improve digital connectivity and foster education opportunities – while warning that protectionist policies will not improve inclusiveness.
Honduras and Guyana are among several countries interested in joining the Americas Partnership for Economic Prosperity, Special Presidential Adviser for the Americas Chris Dodd said last week, suggesting some applicants agreed to by APEP members could be invited to a leaders’ summit in Costa Rica next year.
The Commerce Department is proposing to revise its countervailing duty regulations so it can pursue sector-wide agricultural subsidy programs, a change that trade lawyers say could make it easier for U.S. growers to seek remedies for trade practices in Mexico and elsewhere.
Talks between House Ways & Means Republicans and Democrats over how to reform U.S. de minimis rules have reignited in hopes that a compromise bill could be included a so-called “China week” set to begin when the House returns on Sept. 9, according to industry sources and analysts.