American Trade & Manufacturing Blog

Category Archives: Trade Policy

Subscribe to Trade Policy RSS Feed

U.S. Trade Representative Asks for Data on Global and Telecom Trade Barriers for Annual Reports

Posted in Announcements, Dumping and Subsidies, Manufacturing, Trade Agreement Compliance, Trade Policy
The Office of the U.S. Trade Representative (USTR) is seeking input from companies and industry on trade barriers from around the world, in preparation for its annual National Trade Estimate (“NTE”) Report on Foreign Trade Barriers as well as a more focused report on violations of telecommunications trade agreements. USTR announced its request in an… Continue Reading

RMB Devaluation Reveals Continued Manipulation of Financial Markets

Posted in Manufacturing, Trade Negotiations, Trade Policy
The People’s Bank of China (PBoC) on Tuesday devalued the country’s currency, the RMB, by approximately 2%.  Just weeks after China’s stock market regulators engineered a “recovery” in share prices by allowing mass-suspensions in trading and forcing state-owned financial institutions to buy and hold shares, the move stands as another stark reminder of the extensive… Continue Reading

China Emphasizes Political Objectives Over Market Principles in New Statements on SOE Reform

Posted in Trade Agreement Compliance, Trade Negotiations, Trade Policy, World Trade Organization
Large portions of China’s economy are dominated by state-owned enterprises (SOEs) and financial institutions that do not operate on the basis of market competition.  Recent official pronouncements make clear that any reforms that may occur in the Chinese economy during the Xi Jinping era will not include relinquishing government control over these SOEs. A widely… Continue Reading

As Chief Negotiators Meet, Assessing TPP and Other Free Trade Agreements

Posted in TPA, TPP, Trade Negotiations, Trade Policy
With chief negotiators for 12 nations meeting in Hawaii this week to try and finalize the Trans-Pacific Partnership (TPP) agreement, trade experts and lawmakers are watching to see if the largest-ever U.S. free trade agreement will be concluded. But a more important question will remain—is TPP a good free trade agreement (FTA)? Free trade agreements… Continue Reading

President Obama Signs Into Law Trade Promotion Authority, Including Significant New Changes to Strengthen U.S. Trade Remedy Laws

Posted in TPA, TPP, Trade Negotiations, Trade Policy, Trade Remedies
Today, June 29, 2015, President Obama signed into law trade promotion authority (TPA), giving his administration the ability to negotiate international trade agreements subject to approval by Congress without amendment.  This is the first time TPA, which last expired in 2007, has been approved for the Obama Administration. The White House announcement is here. Today’s… Continue Reading

Senate Reaches Agreement on Consideration of TPA, Customs Enforcement, and other Trade Legislation

Posted in Trade Negotiations, Trade Policy, Trade Remedies
The Senate yesterday reached an agreement on the process for considering a set of trade bills, which would ultimately allow the Bipartisan Congressional Trade Priorities and Accountability Act 2015 (“TPA bill”) to proceed to debate and amendment on the Senate floor.  On Tuesday, a vote to invoke cloture for the TPA bill failed to pass… Continue Reading

TPA Bill Fails to Advance In Senate

Posted in Trade Negotiations, Trade Policy
Legislation to provide President Obama with Trade Promotion Authority (TPA) encountered a setback on Tuesday, when the U.S. Senate voted down a procedural measure that would have permitted the Senate to bypass lengthy further debate on the bill.  The bill, the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (“TPA Bill”), would provide so-called… Continue Reading

Senate Finance, House Ways and Means Committee Leaders Introduce Long-Awaited Trade Promotion Authority Legislation

Posted in Trade Negotiations, Trade Policy
After months of negotiation, Senate Finance Committee and House Ways and Means Committee leaders introduced a bill to grant President Obama Trade Promotion Authority.  The introduction of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 earned statements of support from President Obama, United States Trade Representative Michael Froman, and Secretary of Commerce Penny… Continue Reading

United States Asks WTO to Examine “Pervasive” AD/CVD Duty Evasion

Posted in Dumping and Subsidies, Manufacturing, TPA, TPP, Trade Agreement Compliance, Trade Policy, Uncategorized, World Trade Organization
The United States took another step this week to turn up the heat on companies who evade antidumping and countervailing duties, by asking a World Trade Organization committee to investigate the growing problem of antidumping duty “evasion services.” In a March 16 submission to the WTO Committee on Anti-Dumping Practices Informal Group on Anti-Circumvention, the… Continue Reading

New Sanctions May Make Business With Venezuela More Complicated

Posted in Compliance, Economic Sanctions, Export Controls, Trade Policy
On March 9, 2015, President Obama issued a new Executive Order instructing the freezing of the assets and the denial of entry into the United States of seven officials of the Venezuelan government. U.S. persons, including U.S. citizens, permanent residents, and companies, are prohibited from engaging in any transactions with the designated officials, and must… Continue Reading

Trans-Pacific Partnership Complicates Trade Promotion Authority Debate

Posted in Trade Negotiations, Trade Policy
The confluence of the debate over trade promotion authority (TPA) and the “end game” of the Trans-Pacific Partnership (TPP) negotiations has complicated President Obama’s objective of getting a bi-partisan TPA bill through Congress.  In his 2015 State of the Union address, President Obama emphasized TPA, or “fast track” legislation, as one of his Administration’s trade… Continue Reading

Using Stronger Trade Laws to Build Support for TPA, TPP

Posted in Dumping and Subsidies, TPA, TPP, Trade Agreement Compliance, Trade Negotiations, Trade Policy, World Trade Organization
The Obama Administration and Congress have what many experts view as a critically important opportunity to create jobs, expand trade and manufacturing, and improve the global rules of international trade.  This opportunity comes by way of the Trans-Pacific Partnership (TPP) free trade negotiations, which are now drawing to a close.  If approved, TPP would be… Continue Reading

Trains, Chips, and Servers: China Moves to Corner the IT Market

Posted in Manufacturing, Trade Agreement Compliance, Trade Negotiations, Trade Policy, World Trade Organization
The China Banking Regulatory Commission (CBRC) has issued a plan calling for “sinification” of the Chinese banking industry’s IT infrastructure, including computers, network equipment, data storage equipment, security devices, software, and other items. The plan would require that 75 percent of this IT infrastructure be Chinese-sourced by 2019.  While this state-mandated shift to domestic products… Continue Reading

China Going Global: A New Challenge for U.S. Manufacturers

Posted in Dumping and Subsidies, Manufacturing, Trade Policy, Trade Remedies
China’s State Council rang in this year’s holiday season by announcing a plan that could bring substantial gifts to certain Chinese manufacturers–as well as substantial challenges to their competitors in the United States.  The plan calls for sweeping measures to support Chinese firms in “going global,” either through exports or by establishing a commercial presence… Continue Reading

Leveling the Playing Field Act: What effect will it have on the U.S. trade laws?

Posted in Trade Policy, Trade Remedies
Yesterday, Senator Sherrod Brown (D-OH) introduced bill S.2994—the “Leveling the Playing Field Act” (“Act”)—in the U.S. Senate.  The legislation is intended to improve the United States’ ability to address unfair foreign trade practices, in part by strengthening the U.S. antidumping (AD) and countervailing duty (CVD) laws.  The bill has provisions affecting both the Department of… Continue Reading

Parties Find Challenges in Negotiating the Information Technology Agreement

Posted in Trade Agreement Compliance, Trade Policy
An understanding between the United States and China at the Asia-Pacific Economic Cooperation (APEC) leaders’ summit in November has allowed formal negotiations among all parties to the Information Technology Agreement (ITA) to go forward.  The renewed negotiations, which began on December 4 in Geneva, have drawn enthusiasm from interest groups seeking to benefit from tariff… Continue Reading

Part 2: U.S.-China Economic and Security Review Commission Annual Report Analysis

Posted in Dumping and Subsidies, Manufacturing, Trade Agreement Compliance, Trade Policy, Trade Remedies
U.S.-China Commission Highlights Industrial Overcapacity, Stagnant Reforms in 2014 In 2013, there were high hopes that change was on the horizon for many of the issues that have caused tension in the U.S.-China economic relationship.  China’s new president, Xi Jinping, hailed by many as an aggressive and unapologetic reformer, unveiled an agenda at the Chinese… Continue Reading

Part 1: U.S.-China Economic and Security Review Commission Annual Report Analysis

Posted in Dumping and Subsidies, Manufacturing, Trade Agreement Compliance, Trade Policy, Trade Remedies
U.S.-China Economic and Security Review Commission Calls for Action Against Chinese State-Owned Enterprises and Unfair Trade Practices The U.S.-China Economic and Security Review Commission released its annual report on November 20, emphasizing the need for Congress, the Commerce Department, and other U.S. Government agencies to help U.S. firms affected by China’s “anticompetitive” actions and policies.… Continue Reading

CAP Issue Brief Highlights State Interference in China’s Financial Markets

Posted in Trade Policy
The Center for American Progress (CAP) has published the second in a series of issue briefs on China’s economic reform agenda under the leadership of President Xi Jinping and Premier Li Keqiang.  While the first brief discusses the challenges and contradictions of the reform plan announced shortly after the Third Plenum in 2013, the second,… Continue Reading
.