Trade groups representing three strong exporting sectors -- soybeans, semiconductors and medical devices -- and an expert in critical minerals trade all told the Senate Finance Committee that higher tariffs on all countries and products, and constantly changing tariff policy, aren't good for American competitiveness.
The agendas of both major presidential candidates would provide few incentives for other countries to negotiate new trade agreements with the U.S., a former Commerce Department official said Oct. 31.
The U.S. and Kenya committed to try to conclude the U.S.-Kenya Strategic Trade and Investment partnership by the end of the year, they said in a joint statement.
For Sen. Chris Coons, D-Del., the future of U.S. trade policy is to make climate a trade policy priority, work with global allies to set digital trade standards and deepen the U.S. trading relationship with the global south.