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.
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.
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- WTO Announces Chinese Appeal Of Rare Earths Ruling; U.S. Challenge Of GPX Panel Report
- MOFCOM Says First Quarter Trade With U.S. Rose 0.9 Percent Compared To Q1 2013
- AmCham Shanghai-Backed Report On Chinese FDI Growth Includes Policy Recommendations For Beijing
- Taiwan Notifies WTO Of New IP-Related Laws, Including On Trade Secrets, Patents
- U.S. Official Indicates Obama's Asia Trip Is About Modernizing Alliances Rather Than Containing China
- 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
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.
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