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IN TRADE

“Ultimately, while all trading partners will benefit from continued economic and population growth in Africa, the region will likely play a large role in shaping global agricultural markets.”

Tue, 3:12 PM

Rep. Mark Green (R-TN) proposes tapping revenue from tariffs on Chinese goods to fund incentives. He also hopes to spur FTA talks in Latin America.

Tue, 11:21 AM

“The EU and India share a deep commitment to ensuring a trade and technology landscape that generates economic gains for our people and companies, underpinned by democratic values.”

Tue, 8:00 AM

She'll make three stops in and around the city on Friday. Also: More events sure to make news this week.

Mon, 5:13 PM

The Chamber of Commerce, however, hopes the administration will “end the trade blockade.”

Mon, 2:34 PM

In Trade

Habeck, Le Maire: U.S. agrees to transparency with EU on green subsidies
By Margaret Spiegelman

The Biden administration has agreed to work with the European Union to provide transparency into new subsidies for green technologies, the French and German economy ministers said following meetings on Tuesday with top U.S. officials.

AFL-CIO proposes how the U.S. can ensure a ‘worker-centric’ digital trade approach
By Maydeen Merino

The AFL-CIO, the largest labor organization in the U.S., this week issued its first-ever comprehensive proposal for how the Biden administration can ensure U.S. policy on the digital economy and trade is truly “worker-centered.” 

Commerce: U.S. trade deficit, U.S.-China goods trade hit record highs in 2022
By Margaret Spiegelman

The U.S.’ annual trade deficit in 2022 grew to $948.1 billion, the highest on record, while total goods trade with China also hit a new high last year as the Biden administration continued a push to move supply chains away from Beijing, according to data released on Tuesday by the Commerce Department.

Biden to announce new Buy America rules for infrastructure spending
By Margaret Spiegelman

President Biden will announce during his State of the Union address proposed guidance to ensure construction materials used in federally funded projects are made in the U.S. -- a measure the White House says is crafted to close a loophole in Buy America laws.

India, South Africa object to plurilateral services rules update at WTO
By Hannah Monicken

India and South Africa have formally objected to a plurilateral push, which includes the U.S., to update rules on domestic regulation of services at the World Trade Organization, arguing that “further information and clarifications” are needed.

U.S. FTAs not built to tackle supply-chain troubles, USTR officials tell GAO
By Margaret Spiegelman

Most U.S. trade agreements were not crafted to address supply-chain weaknesses like those revealed during the pandemic -- and may require renegotiation to retrofit them for current challenges, according to U.S. trade officials cited in a new report by the Government Accountability Office.

  • Good vibes, same positions at WTO reform retreat on development

    A World Trade Organization reform retreat focused on development this week did not bring members much closer together on the divisive, expansive topic, but it did feature free-flowing and productive conversations with a focus on what could be accomplished by the 13th ministerial conference early next year.

  • China, U.S. accuse each other of undermining the WTO via national security claims

    The U.S. is a “unilateral bully” that views itself as above the law, in direct contradiction to its World Trade Organization obligations, China said on Friday during a meeting in which the U.S. appealed – to a defunct Appellate Body – disputes related to national security and accused Beijing of forcing its hand by undermining the WTO first.