The Biden administration should scrap its decision to withdraw support for key digital trade proposals at the World Trade Organization and launch a consultation process – with federal agencies, the public and Congress – to establish a “consensus” U.S. position, Senate Finance Committee leaders, along with 30 other senators, urged on Thursday.
World Trade Online
IN TRADE
“In many of the fastest-growing wine markets, the playing field is tilted heavily against U.S. producers.”
Thu, 12:30 PM
Our weekly survey of who’s saying what.
Thu, 12:08 PM
“We're going to gather insights from the new committee to help us get our export controls to be more effective,” Commerce Secretary Gina Raimondo said.
Thu, 8:00 AM
A new report says an exit stemming from foreign policy differences with the U.S. could lead to “deteriorating market confidence, capital outflows, and currency depreciation.”
Wed, 5:46 PM
“For the sake of protecting Americans from unwittingly being exposed to these harmful substances and aiding the law enforcement officers who work tirelessly to protect them, we urge you to reform this trade provision that is so substantially contributing to the current fentanyl crisis.”
Wed, 5:41 PM
Indo-Pacific Economic Framework partners showed significant commitment to the framework by putting on their “best face” after U.S. politics roiled plans for an early harvest at a leaders' summit earlier this month, former Office of the U.S. Trade Representative negotiator Wendy Cutler said on Thursday, while acknowledging that negotiations are likely to prove even more challenging as the U.S. election cycle ramps up.
The U.S. should promote labor and environmental standards abroad and unlock export opportunities for American manufacturers by negotiating critical mineral agreements with key partners, the President’s Export Council said on Wednesday.
China will use its Belt and Road Initiative to increase its trade and investment goals over the next 10 years, Beijing said last week in a document outlining a new vision for the developmental infrastructure financing program.
Outbound investment restrictions likely will be left out of the annual defense authorization bill, according to sources familiar with the discussions, leading proponents to seek alternative legislative paths such as a bill approved by the House Foreign Affairs Committee on Wednesday that would codify and enhance limitations on U.S. investment in sensitive Chinese technology sectors.
Members of the President’s Export Council on Wednesday recommended a raft of measures to Biden administration officials aimed at bolstering U.S. clean energy and green technology exports, including renewed engagement at the World Trade Organization, the full implementation of the Indo-Pacific Economic Framework for Prosperity’s clean economy pillar and the expansion of Export-Import Bank support programs.
-
Two intellectual property-related issues that are likely to be ministerial conference priorities for some World Trade Organization members early next year remain unresolved as delegations struggle to move beyond well-established positions.
-
A virtual ministerial meeting focused on the World Trade Organization agriculture negotiations provided delegations with “the full support of ministers” toward an outcome at the 13th ministerial conference, the chair of MC13 said on Tuesday.
-
Expanded export controls on advanced semiconductor chips and manufacturing equipment designed to counteract Chinese circumvention efforts contain several loopholes China can exploit, analysts tell Inside U.S. Trade.
-
Beijing has lifted bird flu-related restrictions on poultry imports from seven U.S. states, the Agriculture Department said last week, though curbs remain in place for others.
-
The Biden administration has been advising Senate Finance Committee members Michael Bennet (D-CO) and Bill Cassidy (R-LA) on their forthcoming Americas Act, according to Bennet, who calls private-sector investment in the Western Hemisphere key to the success of their developing plan.
-
U.S. dairy industry representatives were surprised and disappointed by a U.S.-Mexico-Canada Agreement dispute settlement panel ruling that favored Canada in a spat over how Ottawa allocates dairy tariff-rate quotas – and are beginning to regroup and assess possible next steps, they tell Inside U.S. Trade.
FEATURED STORY
Trans-Atlantic talks to resolve a long-running dispute over Section 232 steel and aluminum tariffs remain stalled with no prospects for a conceptual agreement in sight, according to the bloc’s trade chief, who says the EU is pressing the U.S. to make concessions on its tariff-rate quota system as negotiators discuss extending a truce set to expire at the end of this year.
-
President’s Export Council: Use WTO, IPEF and Ex-Im to spur green tech exports
Members of the President’s Export Council on Wednesday recommended a raft of measures to Biden administration officials aimed at bolstering U.S. clean energy and green technology exports, including renewed engagement at the World Trade Organization, the full implementation of the Indo-Pacific Economic Framework for Prosperity’s clean economy pillar and the expansion of Export-Import Bank support programs.
-
NDAA moving without outbound investment provisions; attention shifts to another bill
Outbound investment restrictions likely will be left out of the annual defense authorization bill, according to sources familiar with the discussions, leading proponents to seek alternative legislative paths such as a bill approved by the House Foreign Affairs Committee on Wednesday that would codify and enhance limitations on U.S. investment in sensitive Chinese technology sectors.
-
Dombrovskis: EU, U.S. working to conclude minerals deal by TTC5
The European Union and the U.S. have made “good progress” in negotiations for a critical minerals agreement and are aiming to finalize the deal by the next Trade and Technology Council ministerial, European Commission Executive Vice-President and Trade Commissioner Valdis Dombrovskis said this week, while acknowledging persisting divisions in the talks.
-
WTO impasse continues on IP-related decisions ahead of MC13
Two intellectual property-related issues that are likely to be ministerial conference priorities for some World Trade Organization members early next year remain unresolved as delegations struggle to move beyond well-established positions.
A weekly overview of the policy moves driving the U.S.-China tech competition
Posted: November 17
GET 30 DAYS FREE
Sign up for 30 days of no-obligation access to World Trade Online for all the essential news.
TOP DOCUMENTS
