With just weeks remaining on the 2019 congressional calendar, a potential House vote on legislation to implement the US-Mexico-Canada Agreement (USMCA) remains in doubt. Negotiations between House Democrats and the Office of...more
On August 25, 2019, President Donald Trump and Japanese Prime Minister Shinzo Abe jointly announced that the United States and Japan have reached an agreement on core principles of a bilateral trade agreement covering...more
9/5/2019
/ Agricultural Sector ,
Automotive Industry ,
Bilateral Agreements ,
CPTPP ,
Digital Marketplace ,
GATT ,
Japan ,
Japan-EU Economic Partnership Agreement (EPA) ,
Tariffs ,
Trade Agreements ,
Trade Negotiations ,
Trans-Pacific Partnership ,
Trump Administration ,
United Nations ,
United States ,
WTO
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
On May 17, 2019, President Trump issued a Proclamation containing his determinations in the US investigation into the effects of imports of automobiles and automobile parts on the national security of the United States,...more
5/20/2019
/ Automotive Industry ,
Bilateral Agreements ,
China ,
EU ,
Government Investigations ,
Imports ,
Japan ,
National Security ,
Presidential Proclamations ,
Section 232 ,
South Korea ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR
On May 5, 2019, President Trump announced that he intends to increase the Section 301 tariff rate on approximately US$200 billion worth of "List 3" Chinese imports to 25 percent (from the current rate of 10 percent) beginning...more
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