Saturday, April 19, 2014
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U.S. Secures Pledges On Data Transfers, Pharmaceuticals From Taiwan

The United States this month secured commitments from Taiwan to ease restrictions on cross-border data transfer in the financial sector and to address outstanding issues on pharmaceuticals, but failed to make progress on Taiwan's continuing ban on pork from pigs raised with the ractopamine, which has blocked U.S. exports.

ITC Sets Release Date For Green Goods Reports, May 14 Public Hearing

The U.S. International Trade Commission (ITC) will submit on Aug. 4 and Oct. 6 two confidential reports analyzing the effects of eliminating tariffs on certain environmental goods, in line with an earlier request by U.S. Trade Representative Michael Froman in the context of a recently announced plurilateral trade initiative.

China Fleshes Out Appeal On WTO 'GPX' Ruling; U.S. Gets Extension

Updated: China is appealing one aspect of a mixed World Trade Organization ruling in which a majority of a three-person panel upheld a 2012 U.S. law that allows the Commerce Department to impose countervailing duties (CVDs) against non-market economies (NMEs), over the objections of one panelist.

China Becomes World's Largest Trader, As Treasury Flags Dip In RMB

China in 2013 surpassed the United States as the world's largest trader as measured by the sum of its exports and imports, even as the U.S. remained the largest importer of goods, according to a new World Trade Organization report.

U.S. Tech Industry Mulls Longer Tariff Phase-Outs To Spark ITA Progress

The U.S. technology industry has quietly begun discussing how it might scale back its demands to eliminate tariffs quickly under an expansion of the Information Technology Agreement (ITA), in the hope that this might help break the deadlock in the ITA talks caused by China's resistance to eliminating a wide range of tech tariffs in the near term.

U.S. Appeals Rare Earths Ruling; Deadline For China To Appeal Extended

The United States is conditionally appealing one aspect of a March World Trade Organization (WTO) panel ruling that otherwise largely sided with U.S. arguments against Chinese export restrictions on rare earths, in an apparent tactical move aimed at speeding up the appeals process.

QFR By Ways and Means Member Presses USTR On Steel Overcapacity

In his question for the record (QFR) to U.S. Trade Representative Michael Froman, Rep. Tim Griffin (R-AR) pressed USTR on how it is working with the Commerce Department and the White House to address the excess foreign steel capacity and the resulting increase in steel imports to the United States, which he charged is unfairly traded.

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Wyden Unveils Plan To Craft New TPA Bill That Expands Role For Public, Congress

Senate Finance Committee Chairman Ron Wyden (D-OR) today (April 9) announced that he plans to work with his colleagues and stakeholders to develop a new Trade Promotion Authority (TPA) bill by which Congress will exercise its constitutional responsibility to spell out its goals for trade agreements to the administration and also lay out procedures for getting trade deals through Congress.

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