Washington Update

December 16th, 2015
Stephanie Henry

December 16, 2015
 
The United States, China, and more than 50 other countries concluded negotiations on Wednesday over a final deal on an expanded Information Technology Agreement (ITA), according to a release from the US Trade Representative. The agreement will eliminate tariffs on 201 internationally-made IT products.  
 
Negotiations to expand the agreement were launched in mid-2012. Since that time, formal negotiations continued in starts-and-stops over the course of...

December 9th, 2015
Stephanie Henry

December 9, 2015

Key Members of the House and Senate have agreed to remove certain currency provisions from a Customs Reauthorization bill. Those measures would have required the US Department of Commerce to levy trade remedies on countries deemed to be undervaluing their currencies. House and Senate Members participating on a conference committee on the bill instead offered text aimed at enhancing monitoring and engagement efforts when countries are found to be manipulating their...