Tag Archives: USTR

President Trump: “When It Comes to Leverage, Tariffs Are King” – What You Need to Know

Since taking office in January 2017, President Trump has made use of several provisions of US law – including Section 301, targeting unfair trade practices, and Section 232, targeting threats to national security – to bring trading partners to the negotiating table. Major developments over the last two weeks could impact global supply chains across a wide range … 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

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

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 (22-28 August 2016)

TPP – Opposition Remains Strong.  Senate Majority Leader Mitch McConnell (R-Kentucky) stated last week that the U.S. Senate will not vote on TPP’s implementing legislation during lame-duck session of Congress as many – including the Obama Administration – had hoped, saying: The current agreement, the Trans-Pacific agreement, which has some serious flaws, will not be … Continue Reading

Trade Talk – Week in Review (16-20 May 2016)

TPP – ITC Report Released.  Late Wednesday afternoon, the ITC released its report on the effects of the proposed TPP on the U.S. economy.  The nearly 800-page report examines specific industry sectors in the United States and seeks to ascertain which would benefit or suffer from the deal.  U.S. Trade Representative Michael Froman immediately issued … Continue Reading

Trade Talk – Week in Review (11-15 April 2016)

Global Steel Crisis Examined.  U.S. Trade Representative Michael Froman and Commerce Secretary Penny Pritzker co-chaired a two-day hearing last week on the global steel crisis, where U.S. lawmakers called for a better way to prevent foreign suppliers from flooding the U.S. market with subsidized steel.  While chairing the first day, Ambassador Froman stated that the … Continue Reading

Trade Talk – Week in Review (4-8 April 2016)

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 … Continue Reading

Trade Talk – Week in Review (28 March – 1 April 2016)

U.S. Treasury Secretary Defends U.S. Sanctions.  In a speech at the Carnegie Endowment for International Peace on 30 March, Treasury Secretary Lew defended the United States’ use of sanctions, noting they add “concentrated and meaningful pressure on governments abusing their own populations.”  While acknowledging sanctions are a tool not to be used lightly, Secretary Lew … Continue Reading

Trade Talk Week in Review (14-18 March 2016)

President Barack Obama issued a new Executive Order and restrictions related to North Korea, while the Administration eased some U.S. sanctions against Cuba last week.  The President and his family traveled to Cuba on Sunday and will stop in Argentina later in the week. The White House announced early last week that South Africa had … Continue Reading

Trade Talk: Week in Review – 30 November to 4 December 2015

Congress reconvened last Monday after a week-long recess for the US Thanksgiving holiday.  There are several priority – or “must pass” – bills facing lawmakers.  Only a limited number of legislative working days, however, remain before the first session of the 114th Congress concludes, which is expected to be no later than 18 December 2015.… Continue Reading

Trade Talk – Week In Review (26-30 October 2015)

TPP Text Release Delayed, While the Obama Administration Strongly Advocates for the Deal.  On Thursday, Agriculture Secretary Tom Vilsack sought to explain the delay around publicly releasing the final text of the Trans-Pacific Partnership (TPP), attributing it to the Canadian election.  Reports around Washington indicate the release of the text is weeks away.  At a … Continue Reading
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