On January 15, 2020, President Trump and Chinese Vice Premier Liu He signed "Phase One" of an Economic and Trade Agreement between the United States and China. The Phase One Agreement, which the two sides announced in...more
1/17/2020
/ Agricultural Sector ,
China ,
Currency Exchange ,
Dispute Resolution ,
Exports ,
Financial Services Industry ,
Goods or Services ,
Imports ,
Intellectual Property Protection ,
Retaliatory Tariffs ,
Section 301 ,
State-Owned Enterprises ,
Subsidies ,
Tariffs ,
Technology Transfer Agreements ,
Trade Agreements ,
Trade Negotiations ,
Trump Administration ,
United States ,
WTO
On August 23, 2019, China's State Council Tariff Commission (SCTC) announced that China will impose additional tariffs ranging from five percent to 10 percent on approximately US$75 billion in annual imports from the United...more
On August 5, 2019, the US Department of the Treasury ("Treasury") announced that Treasury Secretary Steven Mnuchin, "under the auspices of President Trump," has determined that China is a "currency manipulator" pursuant to...more
8/8/2019
/ Bilateral Agreements ,
China ,
Countervailing Duties ,
Currency Manipulation ,
Exchange Rates ,
Exports ,
Imports ,
International Monetary Fund ,
Omnibus Trade and Competitiveness Act of 1988 ,
Secretary of the Treasury ,
Section 3004 ,
Section 701 ,
Trade Facilitation and Trade Enforcement Act ,
Trade Remedies ,
Trade Wars ,
Trump Administration ,
U.S. Treasury ,
US Trade Policies
On May 17, 2019, the United States announced that it had reached agreements with Canada and Mexico to remove the US tariffs imposed on steel and aluminum products from those countries pursuant to Section 232 of the Trade...more
5/23/2019
/ Aluminum Sales ,
Bilateral Agreements ,
Canada ,
Exports ,
Imports ,
Mexico ,
Retaliatory Tariffs ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration
May 10, 2019, the Section 301 tariff rate on approximately US$200 billion worth of "List 3" Chinese imports increased to 25 percent (from the previous rate of 10 percent), after US and Chinese negotiators failed to reach an...more
5/15/2019
/ China ,
Customs and Border Protection ,
Exports ,
Imports ,
New Guidance ,
Section 301 ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
On May 8, 2019, the Office of the US Trade Representative (USTR) published a draft Federal Register notice increasing the Section 301 tariff rate on approximately US $200 billion worth of "List 3" Chinese imports to 25...more
On March 29, 2019, the Office of the United States Trade Representative (USTR) published its annual National Trade Estimate (NTE) Report on Foreign Trade Barriers, which "highlights significant foreign barriers to U.S....more
4/20/2019
/ Agricultural Sector ,
Annual Assessments ,
Bilateral Investment Treaties ,
Brazil ,
Canada ,
China ,
E-Commerce ,
EU ,
Exports ,
Foreign Direct Investment ,
Foreign Trade Regulations ,
Imports ,
Intellectual Property Protection ,
International Treaties ,
Japan ,
Korea ,
Mexico ,
NAFTA ,
Section 232 ,
Subsidies ,
Tariffs ,
Technical Barriers to Trade (TBT) ,
Trade Remedies ,
Trade Restrictions ,
Trump Administration ,
U.S. Customs ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR
The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more
2/7/2019
/ Automotive Industry ,
Bilateral Agreements ,
China ,
Congressional Authority ,
Congressional Intent ,
Countervailing Duties ,
CPTPP ,
Dispute Resolution ,
EU ,
Exports ,
Free Trade Agreements ,
Imports ,
International Trade Commission (ITC) ,
Japan ,
Legislative Agendas ,
NAFTA ,
Negotiations ,
Political Parties ,
Popular ,
Proposed Legislation ,
Section 232 ,
Senate Finance Committee ,
Steel Industry ,
Tariffs ,
TPPPs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
UK ,
United States ,
United States-Mexico-Canada Agreement (USMCA) ,
Uranium ,
US Trade Policies ,
USTR ,
Ways and Means Committee ,
WTO