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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

Expert Says USMCA Will Make North American Firms More Competitive
Trade
Expert Says USMCA Will Make North American Firms More Competitive
2020-03-27 13:40:19
by Dan McCue

WASHINGTON - Although it barely caused a ripple given the understandable focus on the worldwide coronavirus outbreak, a historic new chapter in North American commerce began two weeks ago Friday, when Canada became the third and final country to ratify... Read More

Analysis: New US-China Trade Deal Leaves the Thorniest Problems Unresolved
Trade
Analysis: New US-China Trade Deal Leaves the Thorniest Problems Unresolved

WASHINGTON — After nearly two years of a bruising trade war, President Donald Trump signed a trade deal with China on Wednesday that provides the president with political bragging rights but allows both sides to put off the most difficult... Read More

Trump Says He'll Sign First-Step China Trade Deal on Jan. 15
Trade
Trump Says He'll Sign First-Step China Trade Deal on Jan. 15

WEST PALM BEACH, Fla. (AP) — President Donald Trump says he will sign the first phase of a trade deal with China at the White House next month. Trump says Tuesday in a tweet that he'll then travel to Beijing... Read More

McBath Aims for Bipartisanship on Major Issues
Congress
McBath Aims for Bipartisanship on Major Issues
2019-12-19 16:11:36
by Dan McCue

WASHINGTON - Last week was a typical whirlwind week in the life of Rep. Lucy McBath. In the space of five days, the Georgia Democrat, a member of the House Judiciary Committee, voted on impeachment, health care, trade and joined... Read More

No Date Set for U.S.-China ‘Phase Two’ Talks, Lighthizer Says
Trade
No Date Set for U.S.-China ‘Phase Two’ Talks, Lighthizer Says

WASHINGTON — No date has been set so far for the U.S. and China to kick off “phase two” trade talks, said U.S. Trade Representative Robert Lighthizer, contradicting a suggestion by President Donald Trump that negotiations would start right away.... Read More

Peters Eschews Spotlight to Roll Up Sleeves and Get Things Done
Congress
Peters Eschews Spotlight to Roll Up Sleeves and Get Things Done
2019-12-10 19:52:13
by Dan McCue

WASHINGTON - In a divisive political era, Rep. Scott Peters, a California Democrat, still manages to find a way to reach across the aisle to get things done. Whether it’s introducing legislation to make cost-effective biosimilar drugs more accessible, leading... Read More

House, Trump Have Tentative Deal on North American Trade Pact
Trade
House, Trump Have Tentative Deal on North American Trade Pact
2019-12-09 22:18:53
by Dan McCue

WASHINGTON — House Democrats have reportedly reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal, otherwise known as USMCA. News of the deal was initially reported by The Washington Post,... Read More

Murphy Shines Light On How U.S. Trade Policies Affect U.S. Quality of Life
Trade
Murphy Shines Light On How U.S. Trade Policies Affect U.S. Quality of Life
2019-11-19 22:29:24
by Dan McCue

WASHINGTON - It used to be that when the general public thought of big U.S. policy, it thought of things like cold and hot wars, international diplomacy and sweeping changes in civil rights legislation. Trade, if it came to mind... Read More

House Votes to Renew Export-Import Bank Charter Over GOP Opposition
Trade
House Votes to Renew Export-Import Bank Charter Over GOP Opposition
2019-11-18 18:57:05
by Dan McCue

WASHINGTON - The House voted on Friday to renew the charter of the Export-Import Bank, the U.S. agency that provides loans and other help to foreign buyers of U.S. exports, despite opposition from Republican lawmakers. Despite the bank having historically... Read More

WTO Says China Can Impose Sanctions On $3.5B Worth Of US Goods
Trade
WTO Says China Can Impose Sanctions On $3.5B Worth Of US Goods
2019-11-01 20:38:40
by Dan McCue

WASHINGTON - The World Trade Organization said Friday that China can place new trade sanctions on $3.5 billion of U.S. goods in retaliation for U.S. restrictions on Chinese furniture, steel products and solar panels. The award by an arbitration panel... Read More

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