Global Steel Crisis. The Office of the U.S. Trade Representative (USTR) and the Commerce Department will hold a joint hearing on 12 April that will focus on global steel overcapacity, just ahead of the Organization for Economic Co-operation and Development (OECD) steel committee meeting next week on the same topic.
TPP Developments – Trying to Build Support. The Obama Administration is responding to the increased anti-trade rhetoric emanating from the U.S. presidential campaigns by having U.S. officials discuss the advantages of the Trans-Pacific Partnership (TPP) deal around the country.
TTIP Developments – New York Round Ahead. U.S. Trade Representative Michael Froman is in London early this week for Transatlantic Trade and Investment Partnership (TTIP) discussions with EU Trade Commissioner Cecilia Malmström ahead of the next round of TTIP negotiations in New York City the week of 25 April.
House MTB Hearing Set. House Ways and Means Trade Subcommittee Chair Dave Reichert (R-Washington) announced last week that the subcommittee will hold hearing this week (14 April) on reform legislation to revise the process for selecting tariff waivers for inclusion in the MTB package. Senate Finance Committee Chair Orrin Hatch (R-Utah) said this week that he supports House Ways and Means Committee Chair Kevin Brady’s (R-Texas) MTB reform proposal.
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