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U.S. Trade Representative Robert Lighthizer’s proposal for a “model” bilateral trade deal with an African country that could eventually supplant the African Growth and Opportunity Act attracted little interest this week, South Africa’s trade minister Rob Davies said on Friday, with AGOA countries saying they preferred to negotiate with the U.S. as a group.

IN TRADE

Defense and Treasury officials said “addressing these investments may require legislative action,” the report states.

Fri, 12:18 PM

The top stories from this week's issue of Inside U.S. Trade.

Fri, 12:01 PM

Only 45 requests to testify were received; auto groups and officials from the EU, Mexico, Canada, Turkey, Japan, South Korea, Malaysia, South Africa and Taiwan are slated to appear.

Fri, 10:49 AM

Japan halted imports in 2003 after mad cow disease was found in U.S. cattle.

Fri, 10:42 AM

May: “There will be questions on some of the trade issues,” but “that will be a matter for the negotiations.”

Fri, 10:05 AM

In the final day of the World Trade Organization’s biennial review of Chinese trade policies, Beijing fought back on criticism offered by other members in a host of areas, including claims that it unfairly subsidizes state-owned enterprises, contributes significantly to global steel overcapacity and is implementing unfair industrial policies.

The head of one of the two largest freight railroad companies in the U.S. on Thursday offered a strong defense of international trade and a comprehensive critique of the Trump administration’s trade policy – including its approach to NAFTA, China and Section 232 tariffs on steel and aluminum – which he said risked derailing economic growth.

Sen. Rob Portman (R-OH) plans to introduce legislation to reform the Section 232 of the Trade Expansion Act of 1962 by tightening its definition of national security and giving Congress a larger role in assessing proposed moves against allies.

Senate Foreign Relations Committee members from both parties used a Thursday hearing on tariffs to blast the Trump administration's trade policies and decry what many called a scattershot and dangerous approach that is offending allies and risking national security.

U.S. Trade Representative Robert Lighthizer on Wednesday called on African countries benefiting from the African Growth and Opportunity Act to begin negotiating a “model” free trade agreement with the United States.

The Senate on Wednesday overwhelmingly approved a non-binding motion to restore congressional authority over tariffs enacted to protect national security.

NAFTA
  • The head of one of the two largest freight railroad companies in the U.S. on Thursday offered a strong defense of international trade and a comprehensive critique of the Trump administration’s trade policy – including its approach to NAFTA, China and Section 232 tariffs on steel and aluminum – which he said risked derailing economic growth.

  • A World Trade Organization panel has broadly found that the U.S. as a practice has improperly driven up countervailing duty rates by discovering alleged subsidies that were not disclosed by respondents during investigations, claiming those respondents are not cooperating, and applying adverse facts available.

China
  • In the final day of the World Trade Organization’s biennial review of Chinese trade policies, Beijing fought back on criticism offered by other members in a host of areas, including claims that it unfairly subsidizes state-owned enterprises, contributes significantly to global steel overcapacity...

  • Senate Foreign Relations Committee members from both parties used a Thursday hearing on tariffs to blast the Trump administration's trade policies and decry what many called a scattershot and dangerous approach that is offending allies and risking national security.

World Trade Organization
  • In the final day of the World Trade Organization’s biennial review of Chinese trade policies, Beijing fought back on criticism offered by other members in a host of areas, including claims that it unfairly subsidizes state-owned enterprises, contributes significantly to global steel overcapacity and is implementing unfair industrial policies.

  • China on Wednesday defended its intellectual property practices at the World Trade Organization, saying they were not a “major problem” for foreign businesses, but the U.S. said Beijing’s “mercantilist” policies demanded a “reckoning” to ensure the WTO remained relevant.