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“Our sales taxes are down, hotels are sitting with empty rooms, restaurants are not full, foreign deposits are down in our local banks. If we want to keep our economy robust we need to create a safe environment for people in Mexico to travel to our region.”

Tue, 12:11 PM

“A majority of panelists sees external headwinds from trade policy and slower global growth as the primary downside risks to growth.”

Mon, 3:30 PM

The top stories from the past week.

Mon, 1:05 PM

Yerxa: “Both are bad, but quotas introduce a number of elements beyond just simple tariffs that have to do with unpredictability and even being able to get your products in under any circumstances. How they’re administered, who administers them, the fairness of them, all the rest.”

Mon, 7:45 AM

“Please explain … why Commerce feels that domestic automakers are unable to sufficiently plan for their own long-term success absent government intervention.”

Fri, 4:20 PM

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DSB meeting postponed as U.S., others object to Venezuela agenda item
By Hannah Monicken

A World Trade Organization Dispute Settlement Body meeting scheduled for Tuesday was postponed as the U.S. and other members, in an unusual move, objected to an agenda item put forward by a representative from Venezuelan President Nicolás Maduro’s government, which the U.S., among others, does not recognize.

Ways & Means trade panel looks for a USMCA labor enforcement solution
By Isabelle Hoagland

Labor group representatives on Tuesday offered lawmakers suggestions for how the U.S.-Mexico-Canada Agreement could be reworked to include sufficient labor enforcement mechanisms, with the AFL-CIO pitching an option that would give citizens standing to sue governments if the deal's dispute settlement process went awry.

USTR: Nothing in USMCA will lead to higher drug prices for U.S. consumers
By Isabelle Hoagland

After fielding several concerns from Democratic lawmakers, the Office of the U.S. Trade Representative on Monday rebutted claims that provisions in the U.S.-Mexico-Canada Agreement would lead to higher drug prices for U.S. consumers.

Mexico raises tariffs on steel from non-FTA countries
By Isabelle Hoagland

Citing overcapacity concerns, Mexican President Andrés Manuel López Obrador on Monday issued a decree raising tariffs on steel from all countries that do not have a free trade agreement with Mexico.

U.S., Australia propose three-tiered cap system in WTO fisheries talks
By Hannah Monicken

The U.S. and Australia have floated a three-tiered system of subsidy caps in World Trade Organization negotiations on fisheries subsidies, according to a proposal made public on Monday.

Court denies steel group's claims that Section 232 is unconstitutional
By Isabelle Hoagland

The Court of International Trade on Monday ruled that President Trump's imposition of steel tariffs based on national security was constitutional, though one of the three judges filed a separate opinion outlining “grave” concerns.

NAFTA

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World Trade Organization
  • Trump claims U.S. winning more WTO cases thanks to his trade policies

    The U.S. is winning more World Trade Organization cases because of the Trump administration's “America First” approach to trade, President Trump said on Thursday.

  • WTO ag committee aims for negotiating package by summer

    The World Trade Organization agriculture negotiations chair last week told members his goal for the group is to develop options by the end of the summer that could serve as the basis for negotiations, which he hopes will lead to an agreement on an incremental package by the next ministerial conference in June 2020, according to a Geneva trade official.