Washington Update

May 7th, 2018
Meg Kelly

US, China end trade talks; next steps uncertain

US-China trade discussions this week have wrapped up, with no formal announcements yet but leaked negotiating documents from both sides. The US delegation, led by Treasury Secretary Steven Mnuchin, came with a long list of asks covering the trade deficit, investment restrictions, intellectual property theft, and subsidies among other issues. The White House issued a statement this afternoon saying that the US delegation would brief...

April 13th, 2018
Meg Kelly

$100 billion tariff list may be released soon

Reports emerged Thursday that in an effort to put further pressure on China to amend its problematic trade policies, the White House may release the list of an additional $100 billion in Chinese imports to be covered by tariffs. The tariffs -- $150 billion in total -- are one of the outcomes of the Section 301 investigation led by the Office of the US Trade Representative; they are not expected to be implemented until June at the earliest...

March 30th, 2018
Megan Kelly

USTR releases Foreign Trade Barriers Report

The US Trade Representative this afternoon released its annual report on trade-distorting practices worldwide. The fact sheet released along with the report highlights three problematic areas for trade with China, all of which have been regularly raised by current and previous US administration:

China’s industrial plans (including Made in China 2025) and forced technology transfer  This section rehashes several of the same issues...
March 9th, 2018
By Meg Kelly

Steel and aluminum tariffs roil Washington

Following his announcement last week of his intention to act, President Trump signed an order Thursday putting a 25 percent tariff on imported steel and 10 percent on imported aluminum. The tariffs will be implemented in the next 15 days. The order exempted Mexico and Canada from coverage, and includes a process for other allies to apply for similar exemptions. Trump also said the percentages could be adjusted up or down at a later date, and...

February 9th, 2018
By Meg Kelly

Chinese and US officials meet amid trade tensions

Chinese State Councillor Yang Jiechi traveled to Washington this week to meet with US officials and discuss the two nations’ strained trade relationships and tension over North Korea. On Thursday, Yang met with US Secretary of State Rex Tillerson; little information was released about the meeting, but a State Department readout said the two looked forward to speaking again in the second quarter of this year at the Diplomatic &...

January 12th, 2018
By Meg Kelly

For analysis of potential trade actions in 2018, see Monday’s New Year edition of the Washington Update.

Steel report sent to White House, recommendations not yet public

The Commerce Department’s Section 232 investigation into steel imports is complete and has been sent to the White House, just ahead of its January 15 deadline. The report will not be made public until the President decides whether to take action, which he has ninety days to do. The decision to keep the...

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