Senate Majority Leader Chuck Schumer, D-N.Y., said he spoke candidly with Chinese President Xi Jinping on a trip to Shanghai, saying China needs to stop unfair treatment of U.S. firms with operations in China.
Sen. Tim Kaine, D-Va., is asking the Biden administration to strengthen the Americas Partnership for Economic Prosperity (APEP), concerned that the aim has moved from an on-paper agreement to a mere forum.
A large group of House members, including some of the most powerful Republicans in the chamber, are asking the U.S. trade representative to tell the EU to designate the U.S. as a "low-risk" country under its new deforestation-free regulation. Exporters of wood products must be in compliance with the law beginning Jan. 1, 2025.
An academic and a think tank scholar agreed that, despite the upcoming visit between the EU president and the U.S. president, they don't expect the global arrangement on steel and aluminum negotiations to conclude by their Oct. 31 deadline.
Sanctions and enforcement professionals from the U.K., the EU and the U.S. said although they are pleased with the unprecedented unity and coordination among nations opposed to the Russian invasion of Ukraine, it is an ongoing challenge to fight export control evasion and asset hiding among Russian elites.
A think tank with roots in libertarianism that now supports a carbon tax warned that members of Congress who want to pass a carbon border adjustment tax without a domestic carbon tax face more than just litigation at the World Trade Organization.
A former Office of the U.S. Trade Representative career negotiator and a former Trump administration trade adviser say that even if the U.S. is not going to reenter into a tweaked Trans-Pacific Partnership -- as they advised in an earlier think tank piece -- the U.S. needs to take trade negotiations in Asia more seriously to not get left behind.
The Supply Chain Agreement, one of the pillars of the Indo-Pacific Economic Framework for Prosperity, will ask participating countries to work together to:
Vice President Kamala Harris talked about critical minerals with Indonesia's president and resilient supply chains with him and the president of the Philippines and prime minister of Japan during meetings in Jakarta this week on the sidelines of the biannual meeting of the Association of Southeast Asian Nations, or ASEAN Summit.
A recent Congressional Research Service report on U.S.-Mexican trade relations noted that members of Congress have varying views on USMCA, the trade deal that has integrated North American supply chains, particularly in the auto industry.