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.
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.
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 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.
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.
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.
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.
- MOFCOM Announces Workplan To Combat IPR Infringement, Pledges To Update Law
- Seven Senators Ask Biden For More Engagement In Resolving Chinese Solar Dispute
- China Will Appeal WTO Panel Ruling On Rare Earths, Xinhua Reports
- Treasury Currency Report Does Not Name Currency Manipulator, Highlights Record 2013 Increase In Chinese Foreign Exchange Reserves
- U.S. To Again Press China On Compliance In WTO E-Pay Dispute At April 25 DSB Meeting
- Chinese Premier Says Beijing Takes 'Open Position' Toward TPP
- Commerce Preliminarily Finds Subsidization Of Chinese Refrigerant
- WTO Forecasts 4.7 Percent World Trade Growth In 2014, Up From 4.5 Percent; 5.3 Percent Growth In 2015
- In Conditional WTO Rare Earths Appeal, U.S. Challenges Panel Move To Reject Additional Evidence
- FDA Official, Other Witnesses Address Issues With Chinese Medical Imports At USCC Hearing
- Senate Passes Bipartisan Resolution Urging Chinese Government To Improve Freedom Of Expression
- Chinese Exports Decreased 6.6 Percent In March; Foreign Trade Volume Diminished 1 Percent In Q1, Xinhua Reports
- ITA Postpones Preliminary CVD Determination For Chinese Steel Wire Rod Following Steel Company's Request
- China Appeals WTO Panel Ruling In Dispute Over U.S. GPX Law
- U.S. Appeals WTO Panel Report In Rare Earths Dispute With China
- Taiwanese President Says Island's TPP Membership Would Strengthen U.S. Economic Presence In Asia-Pacific
- Hagel Says Regional Military Security Is Key To Preserving Economic, Trade Growth In Asia-Pacific
- Bipartisan Group Of Senators Introduce Resolution To Show U.S. Support For Eased Maritime Tensions In Asia
- House Passes Reaffirmed Taiwan Relations Act, Authorizes Sale Of Four Guided-Missile Frigates To Taipei
- USTR Requests Public Comments For WTO Dispute With China On U.S. AD Methodology
- At Eighth TIFA Meeting, U.S., Taiwan Commit To Engage Further On Online Piracy, Other IPR Issues
- MPAA Files Lawsuit Against Hong Kong-Registered Website Formerly Popular For Hosting Pirated Material
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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