Archives: Trade Policy & Market Access

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Trade Talk: Week in Review (13-19 February 2017)

President Donald Trump hosted the Canadian and Israeli Prime Ministers at the White House last week.  Secretary of State Rex Tillerson and Secretary of Homeland Security John Kelly traveled to Mexico City this week to discuss trade and security matters. Cabinet Shuffle.  Gen. Michael Flynn resigned as the National Security Advisor (NSA) last week, after … Continue Reading

Trade Talk: Week in Review (6-12 February 2017)

On Monday, 13 February, President Donald Trump welcomed Canadian Prime Minister Justin Trudeau to the White House.  President Trump hosted Israeli Prime Minister Benjamin Netanyahu at the White House on Wednesday. The U.S. Senate confirmed Steven Mnuchin to serve as Secretary of the Treasury on Monday evening.  Congress is scheduled to be in recess next … Continue Reading

U.S. and Latin America Trade: Who could be affected by a shift in U.S. Trade Policies?

Since taking office on January 20, 2017, President Trump’s actions on several trade-related matters – from officially withdrawing the US from the Trans-Pacific Partnership (TPP), to signaling the renegotiation of the North American Free Trade Agreement (NAFTA), to suggesting reconsideration of existing bilateral trade agreements – will have a ripple effect seen and felt around the … Continue Reading

Trade Talk: Week in Review (24-30 January 2017)

In his first week in office, President Donald Trump signed a series of documents under his executive authorities on topics ranging from trade to national security to immigration, including on “extreme vetting” of persons from select Arab countries and establishing an indefinite ban on refugees from Syria.  Speaker of the House Paul Ryan (R-Wisconsin) also … Continue Reading

UK Government Forced to Take Brexit to Parliament

By judgment of 24 January 2017, the UK Supreme Court has dismissed the government’s appeal against the Divisional Court’s judgment in R (on the application of Miller & Dos Santos) v Secretary of State for Exiting the European Union. The court has held that parliamentary authority in the form of an Act of Parliament is required for the government … Continue Reading

Trump Executive Order Withdraws US from Trans-Pacific Partnership (TPP); Action on NAFTA Renegotiation Expected

Following through on one of his campaign promises, on Monday, January 23, President Donald Trump signed a memorandum formally withdrawing the United States from the Trans-Pacific Partnership (TPP) agreement. It is anticipated that President Trump may issue a separate document regarding the United States’ intent to renegotiate the North American Free Trade Agreement (NAFTA) as early as … Continue Reading

Trade Talk: Week in Review (4-9 January 2017)

President Barack Obama will travel to Chicago on Tuesday, 10 January, to deliver his farewell address to the nation.  U.S. businessman Donald Trump will be sworn in as the 45th President of the United States on Friday, 20 January. Trump Transition News – Confirmation Hearings.  Senate Foreign Relations Committee (SFRC) Chairman Bob Corker (R-Tennessee) has … Continue Reading

Trade Talk: Week in Review (20 December 2016 – 3 January 2017)

Welcome to 2017.  The 115th Congress convened on Tuesday, 3 January.  U.S. businessman Donald Trump will be sworn in as the 45th President of the United States on Friday, January 20. Trump Transition News.  President-Elect Trump continues to announce senior officials who will serve as part of his Administration.  The Trump Transition Team noted at … Continue Reading

BASF Wins Big in Battery Battle

Electric vehicles (EV) will soon get a boost in power and energy due to a relatively new cathode material known colloquially as NMC for its nickel-manganese-cobalt oxide chemistry. Battery experts predict NMC will, in the immediate future, replace the currently commercially used cobalt oxides and nickel-cobalt-aluminum oxides in EV and many other electronic applications. While … Continue Reading

Trade Talk: Week in Review (12-19 December 2016)

Excess Steel Capacity – Global Forum Launched.  Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman issued a statement welcoming the formal launch of a global forum to address excess steel capacity on 16 December, saying: By establishing this forum, the United States and our trading partners have demonstrated a resolve to address … Continue Reading

Trade Talk: Week in Review (5-11 December 2016)

Both chambers of the U.S. Congress recessed last week after passing a Continuing Resolution to fund the U.S. Government until April.  The 114th Congress stands adjourned for the year.  The 115th Congress will convene on Tuesday, 3 January 2017. China – Trump’s Call with Taiwan.  In an interview that aired on Sunday, President-Elect Donald Trump … Continue Reading

Trade Talk: Week in Review (28 November – 4 December 2016)

Iran – Sanctions Measure Advances.  Last week, the Senate passed the Iran Sanctions Extension Act (H.R. 6297) by a vote of 99-0, sending the measure to President Obama’s desk. Members of Congress and Administration officials have said they do not believe renewal of the Iran Sanctions Act (ISA) would violate terms of the nuclear agreement … Continue Reading

Trade Talk: Week in Review (7-13 November 2016)

Donald Trump won the U.S. presidential election against former Secretary of State Hillary Clinton on 8 November in what many are describing as an upset.  President-Elect Trump’s transition team is now tasked with vetting possible Cabinet officials and lower-level appointees, receiving background briefings from the Obama Administration, and crafting policy proposals based on his campaign … Continue Reading

What Does a Trump Trade Agenda Look Like? Here is Our Take

Likely Major Policy Developments   President-Elect Trump will enter the White House facing a dramatic decline in global trade growth. A recent World Trade Organization (WTO) report notes that 2016 marks the slowest pace of trade and output growth since the 2008 financial crisis. WTO Director-General Roberto Azevêdo called slowing trade growth “a wake-up call,” … Continue Reading

Trade Talk: Week in Review (17-23 October 2016)

With less than two weeks remaining until Election Day, President Obama started this week, on the campaign trail, advocating for Hillary Clinton to be the next U.S. president.  Republican contender Donald Trump is currently trailing in the polls. The U.S. Congress is in recess until after the 8 November elections.  The House of Representatives will … Continue Reading

Trade Talk – Week in Review (10-16 October 2016)

The U.S. Congress is in recess until after the 8 November elections.  The House of Representatives will reconvene on Monday, 14 November, and the Senate the following day. The U.S. International Trade Commission (USITC) published its long awaited Federal Register notice on 14 October regarding the Miscellaneous Tariff Bill (MTB) petition process. Petitions for duty … Continue Reading

WTO Confirms That Russian Import Duties Violate WTO Rules

On 12 August, a WTO dispute settlement panel confirmed that Russian import duties on paper, refrigerators and palm oil violate WTO rules. According to the panel, the import duties exceed those Russia agreed to when it joined the WTO in August 2012. This marks the first case ever decided in the WTO against Russia. The EU has initiated dispute settlement … Continue Reading

HM Treasury Updates Its Consolidated List Regarding Financial Sanctions Imposed Against Iranian Entities

The Office of Financial Sanctions Implementation has removed three Iranian companies from its list of sanctions targets listed on the EU’s anti-nuclear sanctions on Iran. The following companies have had their listings annulled as a result of Judgments of the General Court of the European Union: IRISL Club, IRISL Multimodal Transport Company and Leading Maritime PTE Ltd.… Continue Reading

EU Removes 19 Entities From Its Sanctions Against Iraq

The EU has removed 19 entities from its sanctions targeting Iraq, which apply to the previous government of Iraq and related people and entities covered by the freezing of funds and economic resources that were located outside Iraq on 22 May 2003. This implements a UN decision to de-list the entities from UN sanctions on 16 September 2016. Commission Implementing … Continue Reading

WTO Says EU Has Failed to Comply With Airbus Ruling

On 22 September, the World Trade Organisation (WTO) announced that the EU had failed to eliminate illegal aid to Airbus, handing US rival Boeing one of the biggest triumphs on the global stage in its 12-year battle with Airbus. The WTO stated that the EU and Britain, France, Germany and Spain had failed to comply with earlier rulings against … Continue Reading

Race for Africa Trade Continues to Intensify

The apparent race for African trade continues to intensify with African Growth & Opportunity Act (AGOA) Forum taking place in Washington the last week in September and the European Parliament approving further trade agreements with six African states earlier in October. Frank Samolis and Stacy Swanson discuss the need for greater international cooperation in relation to … Continue Reading
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