Trade Rep. Tai Outlines Biden’s Worker-Centered Trade Policies 
Think Tanks
Trade Rep. Tai Outlines Biden's Worker-Centered Trade Policies 
2023-10-11 21:31:56
by Kate Michael

WASHINGTON — The United States is at a crossroads in its trade agenda, with pivotal negotiations and policy shifts on the horizon. Two notable initiatives, the Indo-Pacific Economic Framework for Prosperity and the Global Arrangement for Sustainable Steel and Aluminum,... Read More

Biden Orders Restrictions on Trade With China in National Security Move
White House
Biden Orders Restrictions on Trade With China in National Security Move
2023-08-10 21:09:46
by Tom Ramstack

WASHINGTON — President Joe Biden signed an executive order Wednesday restricting American investments and exports of expertise in high-tech technologies China is developing that could be used for its military modernization. The order targets investment in semiconductors and microelectronics, quantum... Read More

Commerce Secretary Raimondo Spearheads Indo-Pacific Economic Framework
Investment
Commerce Secretary Raimondo Spearheads Indo-Pacific Economic Framework
2023-07-28 19:56:09
by Kate Michael

WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit to the Indo-Pacific, a third Biden administration official, Secretary of Commerce Gina Raimondo, was touting the region as an epicenter... Read More

Biden, UK Prime Minister Unveil ‘Atlantic Declaration’ to Bolster Economic Ties
Diplomacy
Biden, UK Prime Minister Unveil ‘Atlantic Declaration’ to Bolster Economic Ties
2023-06-09 17:29:06
by Dan McCue

WASHINGTON — President Joe Biden and United Kingdom Prime Minister Rishi Sunak on Thursday signed a new economic framework, dubbed the “Atlantic Declaration,” which both said would renew the historic ties between the two nations, while bringing them forward into... Read More

Report Outlines Challenges to Electrifying US Truck Fleet
Transportation
Report Outlines Challenges to Electrifying US Truck Fleet
2022-12-12 18:09:20
by Dan McCue

WASHINGTON — Electrification of all vehicles in the U.S. would use about 40% of the electricity currently being generated across the country, with the domestic long-haul trucking industry accounting for about 10% of that energy use, according to a new... Read More

Investigation Finds Four Firms Evading Anti-Dumping Rules on Chinese Solar Panels
Renewable Energy
Investigation Finds Four Firms Evading Anti-Dumping Rules on Chinese Solar Panels
2022-12-05 20:28:28
by Dan McCue

WASHINGTON — An investigation by the U.S. Commerce Department has found that four companies have been sending their products through Thailand, Vietnam and Cambodia in order to circumvent regulations aimed at curtailing the dumping of cheap Chinese solar cells and... Read More

<strong>US, Allies Say ‘Nyet’ to Russian Seafood, Vodka as Ukraine Invasion Continues</strong>
Geopolitics
US, Allies Say ‘Nyet’ to Russian Seafood, Vodka as Ukraine Invasion Continues
2022-03-11 20:09:02
by Dan McCue

WASHINGTON — President Joe Biden announced Friday the United States and other allies will move to revoke Russia’s “most favored nation” trade status in response to its unprovoked military invasion of Ukraine, with the U.S. specifically targeting Russian imports such... Read More

<strong>Blumenauer, Doggett Seek End to ‘Normal’ Trade Relations With Russia</strong>
Geopolitics
Blumenauer, Doggett Seek End to ‘Normal’ Trade Relations With Russia
2022-03-01 22:08:14
by Dan McCue

WASHINGTON — Reps. Earl Blumenauer, D-Ore., chairman of the House Ways and Means Trade Subcommittee, and Lloyd Doggett, D-Texas, are urging their colleagues to support legislation ending permanent normal trade relations between the U.S. and Russia. At the same time,... Read More

Biden Administration to Lift Trump’s Tariff on Japanese Steel
Trade
Biden Administration to Lift Trump's Tariff on Japanese Steel
2022-02-09 19:02:17
by Dan McCue

WASHINGTON — The Biden administration has struck a deal with Japan to remove Trump-era tariffs from roughly 1.25 million metric ton of Japanese steel imports annually. The new deal, which excludes aluminum, will take effect on April 1. In return... Read More

Blue Dog Coalition Shares Supply Chain Hurdles, Solutions During Roundtable
Trade
Blue Dog Coalition Shares Supply Chain Hurdles, Solutions During Roundtable
2021-12-16 13:09:00
by Reece Nations

SAN ANTONIO — Members of the Blue Dog Coalition hosted a virtual roundtable discussion on Wednesday over impediments to the national supply chain as well as what’s being done to solve them. The discussion featured input from Gene Seroka, executive... Read More

China’s Trade Practices Criticized as Unfair Amid Growing US Tensions
Trade
China’s Trade Practices Criticized as Unfair Amid Growing US Tensions
2021-12-02 21:45:01
by Tom Ramstack

WASHINGTON — The get-tough attitude toward China’s trade practices was on full display Thursday during a congressional hearing as international tensions heat up. Trade experts and lawmakers accused China of unfairly subsidizing its industries to beat out American competitors, stealing... Read More

Experts Fear Travel Restrictions Have Unintended Consequences for Diplomacy
Foreign Affairs
Experts Fear Travel Restrictions Have Unintended Consequences for Diplomacy
2021-10-20 17:57:52
by Kate Michael

WASHINGTON — Early advice from the World Health Organization warned against imposing travel or trade restrictions on countries experiencing COVID-19 outbreaks. Now experts fear the decision by most countries to ignore this advice may have unintended consequences for the future... Read More

Report: Travel Restrictions Inflicting Substantial Toll on Global Growth and Trade
Economy
Report: Travel Restrictions Inflicting Substantial Toll on Global Growth and Trade
2021-08-11 15:47:57
by Dan McCue

A year and a half into the COVID-19 pandemic, travel bans meant to stem the crisis are taking a significant toll on global growth and trade, according to a new report from The Conference Board, the nonprofit business and research... Read More

Inter-American Development Bank Creates Toolkit for Nearshoring Supply Chains
Trade
Inter-American Development Bank Creates Toolkit for Nearshoring Supply Chains
2021-08-10 17:44:33
by Kate Michael

WASHINGTON -- Among the unpredicted impacts of COVID-19 was the vulnerability of American dependence on manufacturing and services from China. Everything from consumer products to pharmaceuticals and health and safety equipment experienced delays and shortages as a result of China... Read More

US Trade Deficit Hits Record $75.7 Billion in June
Trade
US Trade Deficit Hits Record $75.7 Billion in June

WASHINGTON (AP) — The U.S. trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging. The Commerce Department reported Thursday that the deficit rose 6.7% from a revised May deficit... Read More

U.S. and Mexico Fail to Resolve Dispute on Trade Rules for Cars
Trade
U.S. and Mexico Fail to Resolve Dispute on Trade Rules for Cars
2021-07-26 13:05:12
by Dan McCue

The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting last week, a development - or lack of one - that appears capable of severely straining relations between the two countries a year... Read More

‘Work on This Agreement is Never Going to be Finished,’ Tai Says of USMCA
Trade
‘Work on This Agreement is Never Going to be Finished,’ Tai Says of USMCA
2021-07-01 14:58:47
by Kate Michael

WASHINGTON — At the one-year anniversary of the USMCA trade agreement coming into force, trade representatives from the United States, Mexico, and Canada are patting themselves on the back for a job well done. They have good reason, as the... Read More

Princess Reema bint Bandar Says American Childhood Prepared Her for Ambassadorship
Political News
Princess Reema bint Bandar Says American Childhood Prepared Her for Ambassadorship
2021-06-01 14:38:50
by Kate Michael

WASHINGTON — Her Royal Highness Princess Reema bint Bandar remembers DC’s cicadas. In fact, she says she lived through the “cicada invasion” twice during her “non-diplomatic, but highly socially-connected” childhood in Northern Virginia while her father served as Saudi Arabian... Read More

Tai Dedicates First Speech as USTR to Greening of U.S. Trade Policy
Trade
Tai Dedicates First Speech as USTR to Greening of U.S. Trade Policy
2021-04-19 14:15:16
by Kate Michael

WASHINGTON — On March 17, 2021, Ambassador Katherine Tai was confirmed as U.S Trade Representative by unanimous vote in the Senate. Just a month later, in her first speech as USTR, Tai explained how the benefits of global trade could... Read More

Retaliatory Sanctions Have Emboldened China’s Critics In Europe
Geopolitics
Retaliatory Sanctions Have Emboldened China's Critics In Europe
2021-04-12 16:30:36
by Daniel Mollenkamp

WASHINGTON- Retaliatory sanctions imposed by China on Europeans in March have emboldened China's most vocal critics in Europe, who hope to push against the country's human rights abuses. In March, the E.U., U.K., U.S., and Canada issued coordinated sanctions against... Read More

Supply Bottlenecks Leave Ships Stranded, Businesses Stymied
Economy
Supply Bottlenecks Leave Ships Stranded, Businesses Stymied

NEW YORK (AP) — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast of California, dozens of container ships sit anchored, unable to unload their cargo.  The pandemic... Read More

Troubled US-China Ties Face New Test in Alaska Meeting
Geopolitics
Troubled US-China Ties Face New Test in Alaska Meeting

WASHINGTON (AP) — The United States and China will face a new test in their increasingly troubled relations when top officials from both countries meet in Alaska. Ties between the world's two largest economies have been torn for years and... Read More

White House Suspends Tariffs on Scotch Whiskey and EU Wine
Trade
White House Suspends Tariffs on Scotch Whiskey and EU Wine
2021-03-05 20:34:09
by Dan McCue

WASHINGTON – The White House on Thursday agreed to suspend millions of dollars worth of tariffs on U.K. exports, including Scotch whisky, as part of an effort to resolve a long-running trans-Atlantic trade dispute over aerospace subsidies. In a joint... Read More

Biden to Meet With Mexican President Amid Migration Issues
Geopolitics
Biden to Meet With Mexican President Amid Migration Issues

WILMINGTON, Del. (AP) — President Joe Biden is planning a virtual meeting Monday with Mexican President Andrés Manuel López Obrador — a chance for the pair to talk more fully about migration, confronting the coronavirus and cooperating on economic and... Read More

Panelists Call for Industrial Policy to Counter China’s Party-State Economic Approach
Geopolitics
Panelists Call for Industrial Policy to Counter China’s Party-State Economic Approach
2021-02-17 17:02:32
by Victoria Turner

The proposal for a national industrial policy took the stage Tuesday as a panel of experts grappled with how the U.S. government should respond to the increasing challenges posed by China’s “party-state capitalism.”  Panelists discussed the increased global growth of... Read More

Biden: China Should Expect `Extreme Competition’ from US
Geopolitics
Biden: China Should Expect `Extreme Competition' from US

WASHINGTON (AP) — President Joe Biden says China is in for "extreme competition" from the U.S. under his administration, but that the new relationship he wants to forge need not be one of conflict. In an interview broadcast Sunday, Biden... Read More

Senate Debates Tactics to Make America More Competitive with China
Trade
Senate Debates Tactics to Make America More Competitive with China
2020-12-17 14:36:00
by Tom Ramstack

WASHINGTON -- The U.S. Senate continued a hardline crackdown on China Wednesday during a hearing on how to ratchet up American economic competitiveness. Economic advisors repeated warnings that the U.S. government needs to create more incentives for domestic industries that... Read More

Analysis: How Bad Could US-China Relations Get?
Geopolitics
Analysis: How Bad Could US-China Relations Get?

BEIJING — Fears are rising on both sides of the Pacific that the U.S. and China could be headed for a total breakdown of relations and even outright conflict within the next few months. As the two powers ordered the... Read More

Pompeo Says US No Longer Considers Hong Kong Autonomous from China
Geopolitics
Pompeo Says US No Longer Considers Hong Kong Autonomous from China
2020-05-27 19:03:43
by Dan McCue

WASHINGTON - Secretary of State Mike Pompeo announced Wednesday that he's informed Congress the State Department no longer considers Hong Kong to have significant autonomy under Chinese rule, a move seen as foreshadowing the end of some or all of... Read More

COVID-19-Driven Trade Decisions Must Ensure Free Flow of Goods
Geopolitics
COVID-19-Driven Trade Decisions Must Ensure Free Flow of Goods
2020-04-10 18:37:23
by Dan McCue

WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need to resist the temptation to erect new barriers to trade, an international trade watchdog said Friday. Further, the report said,... Read More

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