A senior Treasury Department official late last week cited progress in combating currency manipulation made with China through the Strategic & Economic Dialogue (S&ED), as well as overall progress in international fora such as the G7 and G20, as proof that the issue is best handled outside of trade deals like the Trans-Pacific Partnership (TPP).
President Barack Obama used his national weekend address to repeat his call on Congress to give him Trade Promotion Authority (TPA), and painted the free trade deals that his administration is negotiating as critical tools for protecting the interests of American workers in the face of a looming threat from China.
House Republican leaders last week urged President Obama to fight harder against Chinese cybersecurity policies that require companies to turn over highly sensitive information to the Chinese government for information communications technology (ICT) products and services.
In an unexpected move, China this week announced to signatories of the Government Procurement Agreement (GPA) that it does not intend to improve the market access concessions it made in its latest accession offer presented in December 2014, but is willing to negotiate exclusions it has proposed.
Deputy U.S. Trade Representative Robert Holleyman Thursday (Feb. 12) said administration officials at the cabinet level have urged China to delay new regulations in the banking sector that would require companies to turn over highly sensitive information about their information and communication technology for the stated purpose of enhancing cybersecurity.
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- ITC Schedules Final Phase Of AD, CVD Investigation Into Chinese Tires; Pre-Hearing Staff Report Due May 26
- WTO General Council Names 2015 Chairs For Committees, Bodies, Other Groups
- U.S. Accounted For 24 Percent Of China's Ag Import Value During 2012-2013, New USDA Report Finds
- U.S. Notifies WTO It Will Implement Rulings, Recommendations From China CVD Appellate Body Report
- Commerce Issues AD, CVD Orders For Solar Products From China, Taiwan
- House Republican Leaders Urge Obama To Push Back Against Chinese Cybersecurity Policies
- Inter-Agency System Will Guide Implementation Of Expanded FTZ Pilot, Chinese State Council Says
- Deputy Secretary Of State Meets With Chinese Vice President In Advance Of Xi's September White House Visit
- Alliance For American Manufacturing President Blasts Obama For Currency 'Flip-Flop'
- EU Claims Victory After Mixed WTO Panel Ruling In Dispute Over Chinese AD Duties On Steel Tubes
- Canada Requests WTO Panel To Evaluate Chinese AD Measures On Dissolving Pulp
- Obama Raises Currency Issues, Reaffirms Commitment To BIT In Call With China's Xi
- R-CALF Says Nebraska Bill Would Help Chinese-Owned Smithfield, Hurt Independent Livestock Producers
- Qualcomm Will Not Contest $975 Million Fine In Chinese Anti-Monopoly Investigation
The Obama administration on Wednesday (Feb. 11) took the first step toward launching a new case against China at the World Trade Organization by requesting consultations over a program supporting Chinese manufacturers and producers in seven sectors that the U.S. claims provided more than $1 billion in prohibited export subsidies in violation of trade rules.
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