Each month DTB Associates curates select world trade news and provides important insights to their clients. If you are interested in learning more, send us an email at firstname.lastname@example.org.
This Month's Headlines
The U.S. and China have yet to sign a “Phase One” deal, with remaining punitive tariffs, agriculture purchases, and potential Hong Kong-related sanctions as sticking points.
USMCA negotiations between House Democrats, the White House, and Mexico continue over labor and enforcement provisions of the agreement with time running out for Congressional approval in 2019.
The deadline for a Section 232 tariffs decision on autos passed without any action. The Administration is considering alternative avenues to maintain its tariff leverage against the EU, including new unilateral investigations under Section 301 authority.
The lower house of the Japanese Diet passed a limited U.S.-Japan agreement in November covering agricultural market access and digital trade. This interim agreement must be followed by negotiations on a comprehensive agreement to be compliant with WTO rules on bilateral trade agreements.
The U.S. expanded its fight against the WTO Appellate Body by threatening to oppose the WTO 2020 budget unless funding for Appellate Body members is reduced dramatically.
Date posted: 12/5/2019 *Disclaimer: policy status can change frequently and these headlines may not be current to the day.