This Month in World Trade News

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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 dtb@dtbassociates.com.

This Month's Headlines

  • China made a huge U.S. corn purchase under the Phase One agreement amidst increasing turmoil in the overall U.S.-China relationship.
  • USMCA entered into force on July 1, with USTR Lighthizer declaring that he is ready to use enforcement tools “early and often.”
  • The third round of virtual talks between the United States and the United Kingdom began on July 20th.
  • Eight candidates have thrown their hat in the ring for the position of WTO Director-General, replacing current DG Roberto Azevedo, who will step down at the end of August. WTO members have not been able to decide on an interim DG.
  • The EU announced that it has now fully complied with the WTO Airbus ruling after U.S. retaliatory tariffs hit $7.5 billion worth of EU exports, including many agricultural products. USTR is so far unimpressed with the EU claims and does not intend to reverse course.
Date posted: 8/3/2020 *Disclaimer: policy status can change frequently and these headlines may not be current to the day.

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