In This Issue:

- Foreign Currency Manipulation Front and Center in U.S. Trade Talks

- United States Challenges Chinese Export Subsidies at the WTO

- Executive Branch Launches Plan to Combat Wildlife Trafficking

- News Of Note

..Customs and Border Protection Issues Update on Enforcement of Trade Orders

..President Obama Sends FY 2016 Budget Proposal to Congress

..International Trade Commission Issues Final Determination in Multiple Mode Outdoor Grills Finding Violation Against Certain Respondents and Exonerating Others

- Excerpt from Foreign Currency Manipulation Front and Center in U.S. Trade Talks:

As the Obama Administration vigorously pursues its trade agenda, bipartisan groups in the House and Senate have brought the issue of currency manipulation to the forefront of the trade policy debate. On February 10, Representatives Sander Levin (D-MI), Tim Ryan (D-OH), Mo Brooks (R-AL), and Tim Murphy (R-PA) introduced the Currency Reform for Fair Trade Act. The Senate bill, entitled the Currency Undervaluation Investigation Act, was sponsored by Jeff Sessions (R-AL), Sherrod Brown (D-OH), Lindsey Graham (R-SC), Charles E. Schumer (D-NY), Richard Burr (R-NC), Debbie Stabenow (D-MI), Susan Collins (R-ME), Bob Casey (D-PA), Joe Donnelly (D-IN), and Rob Portman (R-OH). These very similar bills empower the Department of Commerce to investigate and impose countervailing duties to offset the subsidy that occurs when a foreign government manipulates its currency.