World Trade Organization members must work toward “acceptable compromises” in the negotiations to curb harmful fisheries subsidies, the chair of the talks said last week, praising “growing convergence” but acknowledging that significant divisions remain ahead of an end-of-year deadline.
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The U.S. has maintained a block on filling Appellate Body vacancies since mid-2017.
Wed, 11:19 AM
Comments are due by Dec. 14.
Tue, 6:02 PM
Our weekly look at who’s saying what.
Tue, 3:32 PM
“I can’t stress how important that is.”
Tue, 3:18 PM
The U.S. International Trade Commission on Wednesday made an affirmative determination to extend safeguard restrictions on imports of large residential washers and parts.
A group of American companies and trade associations plans to send congressional leaders a letter next week urging “immediate passage” of the Generalized System of Preferences, ideally in early December.
The European Commission should use the momentum generated by a limited tariff deal with the U.S. to advance toward a “broader cooperation agreement” that goes beyond tariff reductions, members of the European Parliament argue in a resolution under debate this week.
The Commerce Department on Tuesday issued preliminary countervailing duties on Chinese twist ties, claiming Chinese producers benefit from an undervalued renminbi.
President-elect Joe Biden’s trade transition team has a lengthy list of issues to assess as it reviews the operations of the Office of the U.S. Trade Representative under President Trump – a process likely made easier by the start of the official transition this week – but Biden’s policy direction is unlikely to be clear until his USTR pick is announced, according to former agency officials and members of past transition teams.
USMCA
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The U.S.-Mexico-Canada Agreement’s enforcement tools have yet to be used and the execution of labor obligations is on the “wrong track,” House Ways & Means Committee Democrats said this week in an assessment of the deal’s implementation to date.
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The Trump administration has not successfully enforced commitments made by Mexico and Canada in implementing the U.S.-Mexico-Canada Agreement, Senate Finance Committee ranking member Ron Wyden (D-OR) charged on Friday, citing labor and agricultural concerns, among others.
China
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The Agriculture Department expects China to import a record-setting $27 billion worth of U.S. agricultural goods in fiscal year 2021, but to fall short of the more than $40 billion year-two target for U.S. agricultural imports set in the U.S.-China phase-one trade agreement, according to a...
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President-elect Joe Biden’s reported pick to lead the Treasury Department, Janet Yellen, has advocated for a World Trade Organization-compliant carbon tax, while his choice for national security adviser, Jake Sullivan, says the Biden administration’s approach to China will begin with domestic...
World Trade Organization
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The European Union, Canada, Japan and 10 other countries on Monday pledged to launch an initiative on medical supplies aimed at identifying steps World Trade Organization members can take to facilitate trade and better position countries amid the public health crisis.
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Support for the multilateral trading system is “now as important as ever,” leaders from the world’s largest economies said this weekend at the conclusion of a virtual G20 summit.
Editor's Note
Updates will be limited on Nov. 26 and 27 due to the Thanksgiving holiday. Regular updates will resume Monday, Nov. 30.
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TRADE IN TRANSITION
U.S. Trade Representative Robert Lighthizer on Thursday said the agency’s transition to the next president won’t be a problem -- “whoever it is.”
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Transition team must prepare Biden’s USTR on a host of pressing issues
President-elect Joe Biden’s trade transition team has a lengthy list of issues to assess as it reviews the operations of the Office of the U.S. Trade Representative under President Trump – a process likely made easier by the start of the official transition this week – but Biden’s policy direction is unlikely to be clear until his USTR pick is announced, according to former agency officials and members of past transition teams.
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Commerce: Chinese ‘twist ties’ benefit from undervalued renminbi in CVD case
The Commerce Department on Tuesday issued preliminary countervailing duties on Chinese twist ties, claiming Chinese producers benefit from an undervalued renminbi.
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G20 leaders: Backing multilateral trading system ‘important as ever’
Support for the multilateral trading system is “now as important as ever,” leaders from the world’s largest economies said this weekend at the conclusion of a virtual G20 summit.
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Reform-oriented Ottawa Group to propose pandemic initiative at WTO
The European Union, Canada, Japan and 10 other countries on Monday pledged to launch an initiative on medical supplies aimed at identifying steps World Trade Organization members can take to facilitate trade and better position countries amid the public health crisis.
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