After a panel report found Mexico's plans to replace GMO corn over time in industrial food and animal feed -- and its ban on genetically modified white corn -- violate its USMCA commitments, the Mexican government said it will honor the result.
Mara Lee
Mara Lee, Senior Editor, is a reporter for International Trade Today and its sister publications Export Compliance Daily and Trade Law Daily. She joined the Warren Communications News staff in early 2018, after covering health policy, Midwestern Congressional delegations, and the Connecticut economy, insurance and manufacturing sectors for the Hartford Courant, the nation’s oldest continuously published newspaper (established 1674). Before arriving in Washington D.C. to cover Congress in 2005, she worked in Ohio, where she witnessed fervent presidential campaigning every four years.
A bipartisan, bicameral bill would create a Maritime Security Trust Fund, into which revenues would come from tonnage fees on Chinese-owned and Chinese-flagged ships visiting U.S. ports, special tonnage taxes, light money, and tariffs and duties, including Section 301 tariffs.
A dispute panel ruled that Mexico's ban on genetically modified white corn, along with its intention to phase out GMO yellow corn for industrial foods and animal feed, violate the NAFTA successor agreement, because they "are not based on relevant international standards, guidelines or recommendations, or on an assessment, as appropriate to the circumstances, of the risk to human, animal, or plant life or health," and Mexico didn't conduct its own documented risk assessment, or base the decree on science.
Donald Trump's return to the White House brings a "lack of predictability," Baker McKenzie attorneys said during a webinar last week on how threatened tariffs could affect countries around the globe.
President-elect Donald Trump posted on Truth Social that he will block the purchase of U.S. Steel by Nippon Steel, though it's possible President Joe Biden will take care of that before Trump is inaugurated.
The former chief of staff to then-U.S. Trade Representative Robert Lighthizer has been chosen for USTR in Donald Trump's second administration.
More than 40 members of Congress are asking U.S. Trade Representative Katherine Tai and Agriculture Secretary Tom Vilsack to push back against a Colombian plan to investigate U.S. corn subsidies. The letter, led by Sens. Todd Young, R-Ind., and Michael Bennet, D-Colo., and Reps. Adrian Smith, R-Neb., and Dan Kildee, D-Mich., noted that Colombia found that U.S. milk powder exports were subsidized to the extent that countervailing duties were warranted, and "imposed punitive tariffs."
Former Mexican Ambassador to the U.S. Martha Bárcena said that she has been told that the U.S. will not comply with the panel ruling that said that rollup was understood to be part of the automotive rule of origin (see 2403070067), and she said that is undermining USMCA. She said that's because both the Republicans and the Democrats are fighting for the political support of the United Autoworkers and Teamsters. (The autoworkers' union characterizes rollup as watering down the requirement for North American content in vehicles).
A hearing about the Time to Choose Act, a bipartisan bill that would ban consultants and other service providers from working both with the U.S. government and Chinese-owned companies, Senate Homeland Security Committee ranking member Rand Paul, R-Ky., said he agreed with a witness who said it could create a slippery slope.
Nazak Nikakhtar, acting head of the Bureau of Industry and Security during the Trump administration, blamed the deep state for a lack of urgency in confronting China, during a podcast interview with China Talk. Nikakhtar did not use that term, but said that it was hard for Commerce Department career officials to shift their thinking from promoting exports of goods to restricting exports or investment. Nikakhtar was previously a civil servant herself, working on antidumping and countervailing duty cases and negotiations with China.