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Reuters
EU, Mexico automakers blast Trump auto tariff plan
July 19, 2018
The Trump administration on Thursday came under withering criticism from automakers, foreign governments and others as officials consider imposing tariffs of up to 25 percent on imported cars and parts, a levy that could hike vehicle costs, hurting auto sales and industry jobs.
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World Trade Online
Hatch threatens legislation if Trump continues with 'reckless' tariffs
July 19, 2018
Senate Finance Committee Chairman Orrin Hatch (R-UT) on Tuesday threatened to advance legislation to roll back President Trump's trade authority if the administration doesn't change course on tariffs.
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World Trade Online
U.S. officials press auto stakeholders on import penetration, advanced tech
July 19, 2018
During the first half of a daylong Section 232 hearing on the national security implications of auto and auto parts imports, U.S. government officials focused their questions to representatives of the U.S. auto industry on rising imports of technology related to electric vehicles as well as increasing import penetration of foreign autos and parts.
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World Trade Online
Senators address U.S. need for critical minerals; Wyden fears tariffs could harm supply
July 19, 2018
The Senate Energy and Natural Resources Committee this week addressed the U.S. reliance on foreign sources for critical minerals, with some members expressing concern that Trump administration tariffs could reduce access to key inputs for technology products.
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World Trade Online
Ag group says 232 exclusions should be tied to reduction in retaliation
July 19, 2018
A group representing fruit growers in the Pacific Northwest is calling on the Trump administration to insist that countries whose products receive exclusions from Section 232 tariffs reduce their retaliatory duties by an equivalent amount.
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Wall Street Journal
The Many Ways Trump’s Trade Disputes Are Affecting the Auto Industry
July 18, 2018
Auto-industry representatives are expected to argue during a U.S. Commerce Department hearing Thursday that President Donald Trump’s proposed tariffs on auto imports would costs jobs and increase car prices.
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World Trade Online
Guajardo to meet with Lighthizer on July 26; Freeland not scheduled to visit
July 18, 2018
Mexican Economy Secretary Ildefonso Guajardo will travel to Washington, DC on July 26 to meet with U.S. Trade Representative Robert Lighthizer, Mexican sources confirmed to Inside U.S. Trade
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Reforma
Retoman próxima semana pláticas de TLC
July 18, 2018
El Secretario de Economía, Ildefonso Guajardo, dijo hoy que la próxima semana viajará a Washington para retomar las negociaciones para modernizar el Tratado de Libre Comercio de Norteamérica (TLC) con Estados Unidos y Canadá.
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World Trade Online
Corker eyes FAA bill as 232 vehicle, says lawmakers to press White House
July 18, 2018
Senator Bob Corker (R-TN) hopes a bill to reauthorize the Federal Aviation Administration can serve as a vessel for legislation he backs that would give Congress the final say over tariffs imposed under Section 232 of the Trade Expansion Act of 1964, he told reporters on Wednesday.
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World Trade Online
More than 140 House members urge Commerce to reconsider Section 232 autos probe
July 18, 2018
Disputing the idea that imports of autos and auto parts pose a national security threat, more than 140 lawmakers are urging the Trump administration to use taxpayer dollars on “other endeavors."
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Wall Street Journal
Democrats Could Become a Free-Trade Counterweight to Trump
July 17 , 2018
In Tennessee’s critical Senate race, it’s the Democrat running as a free trader. Phil Bredesen, a former governor, poses in a whiskey distillery in a recent ad and slams President Donald Trump’s tariffs: “They hurt our auto industry, our farmers, and Tennessee exports like Jack Daniel’s.”
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Bloomberg
Trudeau Says Support at Home Makes Him Optimistic About Nafta Talks
July 17 , 2018
Justin Trudeau kept up his optimism for a renewal of Nafta, and praised Canadians for showing solidarity during tensions with the U.S..
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World Trade Online
Ways & Means trade panel announces hearing on 232 tariff product exclusions
July 17 , 2018
The House Ways & Means trade subcommittee next week will hold a hearing on the Commerce Department's process of determining which products should be excluded from Section 232 tariffs on steel and aluminum.
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World Trade Online
Automakers drive up lobbying pressure as Section 232 criticism mounts
July 17 , 2018
Automakers operating in the U.S. will meet this week with lawmakers and congressional staff members to push Congress to take a harder line on the administration’s Section 232 probe into imports of autos and auto parts.
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World Trade Online
Mexican ambassador: Auto tariffs will be avoided if NAFTA is renegotiated
July 17 , 2018
Mexico and Canada will be exempt from new U.S. tariffs on autos and auto parts the U.S. if the three NAFTA countries successfully renegotiate the deal, Mexico's ambassador to the U.S. said on Tuesday.
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Secretaría de Economía
México defenderá las acciones tomadas en respuesta a las medidas establecidas por EE.UU. en contra de las exportaciones de acero y aluminio
July 16 , 2018
El día de hoy, en Ginebra, Suiza, Estados Unidos (EE.UU.) solicitó a México, Canadá, la Unión Europea, China y Turquía el inicio de consultas en el marco de la Organización Mundial del Comercio (OMC) por la imposición de aranceles a determinados productos agroindustriales, de acero y de aluminio originarios de EE.UU.
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World Trade Online
U.S. initiates WTO disputes with countries imposing tariffs in response to 232 duties
July 16 , 2018
The U.S. has initiated World Trade Organization dispute settlement proceedings with Canada, Mexico, the European Union, Turkey and China over tariffs the countries have placed on U.S. products in response to steel and aluminum duties imposed by the U.S. earlier this year under Section 232 of the Trade Expansion Act of 1962 and justified via national security, the Office of the U.S. Trade Representative announced on Monday.
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World Trade Online
Oil infrastructure companies lament Section 232 product exclusion rulings
July 16 , 2018
Companies from the natural gas and oil industry are decrying the Commerce Department's Section 232 steel product exclusion process, arguing that the department has been “arbitrary” and unclear in deciding whether to grant or exclude certain steel products from a newly imposed 25 percent tariff.
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World Trade Online
Commerce cuts Section 232 auto hearing to one day
July 13 , 2018
The Commerce Department on July 19 will hear from more than 40 parties about the implications of the Section 232 investigation into imports of autos and auto parts during a hearing that had been slated to last two days.
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Reuters
Pompeo heads high-level U.S. delegation to meet Mexico's next leader
July 13 , 2018
U.S. Secretary of State Mike Pompeo and senior Trump administration officials will meet with Mexican President-elect Andres Manuel Lopez Obrador on Friday, hoping to make early strides on divisive issues like immigration, trade and security
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World Trade Online
Union Pacific CEO says Trump’s trade policy is on the wrong track
July 13 , 2018
The head of one of the two largest freight railroad companies in the U.S. on Thursday offered a strong defense of international trade and a comprehensive critique of the Trump administration’s trade policy – including its approach to NAFTA, China and Section 232 tariffs on steel and aluminum – which he said risked derailing economic growth.
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The Wall Street Journal
Mnuchin Plays Down Impact of Tariffs
July 12 , 2018
Treasury Secretary Steven Mnuchin on Thursday played down the impact of the Trump administration’s tariffs, saying the U.S. economy hadn’t suffered as a result.
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World Trade Online
Portman to introduce bill aimed at ‘reforming’ Section 232 statute
July 12 , 2018
Sen. Rob Portman (R-OH) plans to introduce legislation to reform the Section 232 of the Trade Expansion Act of 1962 by tightening its definition of national security and giving Congress a larger role in assessing proposed moves against allies.
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World Trade Online
Guajardo: Next NAFTA talks likely to be held in late July
July 12 , 2018
Mexican Economy Secretary Ildefonso Guajardo said on Wednesday that he and U.S. Trade Representative Robert Lighthizer are weighing a late-July resumption of NAFTA talks in Washington, DC.
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World Trade Online
Companion to Corker bill introduced in House; Ways & Means trade panel sets hearing on tariffs
July 11 , 2018
A bipartisan group of House members on Wednesday introduced a companion to a Senate bill that would compel the president to submit Section 232 tariffs for congressional approval.
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World Trade Online
Sen. Corker: Section 232 tariffs bill will get a vote ‘very soon’
July 10 , 2018
Sen. Bob Corker (R-TN) believes legislation he is pushing to require that Congress vote to impose tariff hikes proposed by the president via Section 232 of the Trade Expansion of 1962 will be voted on by the Senate in the near future.
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Reuters
Japan's Jtekt delays Mexico auto parts expansion plan pending NAFTA
July 9 , 2018
Japanese auto components supplier Jtekt Corp (6473.T) said it was holding off on expanding production in Mexico, awaiting the outcome of talks over the North American Free Trade Agreement, known as NAFTA
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World Trade Online
Auto industry: 'Now is the time’ to update a trilateral NAFTA
July 9 , 2018
Auto industry associations from the U.S., Mexico and Canada are calling on the three countries to resume the renegotiation of NAFTA now that Mexico has elected a new president.
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Financial Times
Nafta deal possible, says Mexico’s new economy minister
July 6 , 2018
Mexico’s incoming economy minister says a Nafta deal by October is possible and believes a “Nafta-lite” — or, as a last resort, a bilateral trade deal with the US — would be better than no agreement at all.
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World Trade Online
Azevêdo, WTO members warn of grave dangers to global economy following U.S. actions
July 6 , 2018
World Trade Organization Director General Roberto Azevêdo in a series of tweets on Thursday cautioned the world’s major economies against escalating trade tensions days after WTO members slammed the U.S. for its unilateral measures, warning that the actions will eventually have a devastating impact on international trade and the economy..
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Wall Street Journal
Take Our Cheese, Please: American Cheese Makers Suffer Under New Tariffs
July 5 , 2018
Cheese makers that rely on foreign sales are suffering as China and Mexico raise tariffs on U.S. mozzarella and provolone.
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Financial Times
Trump’s trade war triggers global food fight
July 5 , 2018
Spiralling trade tensions between the US and its key trading partners are starting to reshape the market for agricultural commodities. While US soyabean farmers risk being significant losers, Vietnamese yarn spinners and German pig farmers look like potential winners.
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Reuters
Pompeo to visit Mexican president-elect; discuss immigration, trade
July 3 , 2018
U.S. Secretary of State Mike Pompeo will visit Mexico on July 13 to meet President-elect Andres Manuel Lopez Obrador and discuss immigration, trade, security and development, the U.S. and Mexican governments said on Tuesday.
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World Trade Online
Q&A: Jesús Seade, chief NAFTA negotiator for Mexico’s president-elect
July 3 , 2018
Jesús Seade, Mexican President-elect Andrés Manuel López Obrador’s chief NAFTA negotiator, spoke by phone with Inside U.S. Trade's Anshu Siripurapu on July 2 to discuss a wide range of issues. A lightly edited transcript follows.
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World Trade Online
EU: Auto tariffs will invite retaliation on nearly $300 billion of U.S. goods
July 3 , 2018
The European Union issued the United States a grave warning in its comments on the Commerce Department’s Section 232 investigation into the national security effects of autos and auto parts imports: if President Trump opts to slap a tariff on autos and auto parts, other countries will retaliate by implementing tariffs on roughly one-fifth of total U.S. exports in 2017.
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World Trade Online
Mexico will stay the course in NAFTA, AMLO’s chief negotiator says
July 2 , 2018
Mexican President-elect Andrés Manuel López Obrador does not plan to call for major changes to Mexico’s position in the renegotiation of the North American Free Trade Agreement, Jesús Seade, AMLO’s chief negotiator, said Monday.
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World Trade Online
Letter to the Editor: Jesús Seade, President-elect López Obrador’s NAFTA negotiator
July 2 , 2018
Inside U.S. Trade received a letter on June 30 from Jesús Seade -- appointed by President-elect Andrés Manuel López Obrador to be Mexico’s next chief NAFTA negotiator -- in response to our June 29 article “Mexico set to elect a new president, adding another NAFTA wildcard.”
