The Trump administration views a June 1 implementation date for the U.S.-Mexico-Canada Agreement as leverage to ensure Canada and Mexico live up to their commitments, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Tuesday.
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USTR: “Unfortunately, like others, we are learning in this crisis that over-dependence on other countries as a source of cheap medical products and supplies has created a strategic vulnerability to our economy.”
Tue, 5:22 PM
The agency proposes modifying its regulations “to require import license applicants to identify the country where the steel used in the manufacture of the imported steel product was melted and poured.”
Tue, 2:10 PM
“Uncertainty about food availability can spark a wave of export restrictions, creating a shortage on the global market. Such reactions can alter the balance between food supply and demand, resulting in price spikes and increased price volatility.”
Tue, 1:32 PM
Kelly Ann Shaw, who played a role in negotiating both USMCA and the phase-one deal with China, was deputy assistant for international economic affairs and deputy director of the National Economic Council until last October.
Tue, 1:18 PM
The new submission argues in favor of the moratorium and takes on concerns raised by India and South Africa earlier this month.
Mon, 5:29 PM
A bipartisan group of 19 Senate Finance Committee members wants U.S. Trade Representative Robert Lighthizer to delay the U.S.-Mexico-Canada Agreement’s entry into force beyond June 1.
The Chinese government will have no choice but to retaliate against the U.S. if the Trump administration chooses to change its foreign product rule to restrict the world’s leading chipmaker from doing business with Huawei, an executive for the Shenzhen-based company said this week.
Trade ministers from G20 countries on Monday said any “emergency measures” to address the coronavirus pandemic must be temporary and consistent with World Trade Organization rules.
The U.S. agricultural community is urging the Trump administration to ensure temporary foreign workers will be able to reach farms in the U.S. amid fears that the coronavirus pandemic could result in a labor shortage that might leave crops that are normally exported unharvested.
The European Union, China, Canada, Mexico and a dozen other World Trade Organization members have agreed this week to an interim mechanism for appeals while the Appellate Body remains paralyzed by a U.S. blockade.
NAFTA
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Top officials from the U.S., Mexico and Canada are racing to implement the new U.S.-Mexico-Canada Agreement, Mexican Economy Minister Graciela Márquez Colín said on Wednesday, adding that a teleconference on how best to continue those efforts would be held the same day.
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Dan DiMicco, a member of USTR’s chief advisory panel and a longtime adviser to President Trump, said the administration’s trade team is working on business as usual despite complications caused by the coronavirus pandemic.
China
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Steel industry associations and a group representing a cross-section of U.S. sectors are calling on U.S. Customs and Border Protection to resume the collection of tariffs after the agency announced last week it would approve delayed payments of estimated duties, taxes and fees “on a case by case...
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The Office of the U.S. Trade Representative’s decision to review additional requests for Section 301 tariff exclusions is not enough to address the “tremendous strain” the coronavirus pandemic has placed on the country’s health care system and economy, three House Democrats said in a letter to...
World Trade Organization
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The European Union, China, Canada, Mexico and a dozen other World Trade Organization members have agreed this week to an interim mechanism for appeals while the Appellate Body remains paralyzed by a U.S. blockade.
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World Trade Organization members should prepare to resume agriculture negotiations, the chair of the talks said on Thursday, calling on participants to put forward new submissions.
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