Is it EU "institutional rigidity," as a former assistant U.S. trade representative for Europe, Dan Mullaney, says, or unrealistic asks from the U.S. government delaying a deal on trade in steel and aluminum that could end tariff rate quotas on European exports?
An official from the Office of the U.S. Trade Representative told Bangladesh "that supporting workers’ rights, including freedom of association and collective bargaining, is a top priority for the Biden-Harris Administration," according to a USTR readout of the Sept. 20 U.S.-Bangladesh Trade and Investment Cooperation Forum Agreement Council meeting.
A former Office of the U.S. Trade Representative career negotiator and a former Trump administration trade adviser say that even if the U.S. is not going to reenter into a tweaked Trans-Pacific Partnership -- as they advised in an earlier think tank piece -- the U.S. needs to take trade negotiations in Asia more seriously to not get left behind.
Vice President Kamala Harris talked about critical minerals with Indonesia's president and resilient supply chains with him and the president of the Philippines and prime minister of Japan during meetings in Jakarta this week on the sidelines of the biannual meeting of the Association of Southeast Asian Nations, or ASEAN Summit.
The U.K. and India last month held their 12th round of negotiations on a free trade agreement to discuss “ways to progress” the talks, the U.K.’s Department for Business and Trade said in a Sept. 1 news release. The two sides plan to hold another round of negotiations this month. They began the talks in 2022 (see 2201130026) and had hoped to conclude a majority of the negotiations by the end of last year (see 2208110014).
Although the office of the U.S. Representative has already received nearly 1,500 comments on "worker-centered trade," the office has re-opened comments that closed Aug. 11. It is now accepting ideas on trade policies and actions to advance racial and gender equity, advance equity for rural communities or other underserved categories, as well as ideas on how to advance these values through stakeholder engagement.
India's Commerce Minister Piyush Goyal told U.S. Trade Representative Katherine Tai that he will "find a solution that addresses both countries' concerns" when it comes to India's new import licensing regime for technology imports. The new system is supposed to go into effect Nov. 1; U.S. technology companies have said it will hurt their exports to India (see 2308170028).
U.S. Trade Representative Katherine Tai, after a meeting with European Commission Executive Vice President Valdis Dombrovskis in Jaipur, India, said she and her EU counterpart asked their negotiating teams to hold sessions on both a global arrangement on sustainable steel and aluminum and on a critical minerals agreement "with an intensified pace."
The fifth negotiating round for the Indo-Pacific Economic Framework will be held Sept. 10-16 in Thailand, the administration announced Aug. 10. The supply chains chapter is complete, but negotiators will be talking about trade issues, the green transition and anticorruption matters. The U.S. delegation is led by Sharon Yuan, a counselor at Commerce, and Assistant U.S. Trade Representative Sarah Ellerman, whose portfolio is Southeast Asia and the Pacific.
Commerce Secretary Gina Raimondo, whose department is responsible for three of the four pillars in the Indo-Pacific Economic Framework, told a think tank audience that she is "determined to finalize agreements with all of these countries on all three pillars I’m managing" by a summit at the end of November. The IPEF, which does not liberalize tariffs but does seek to lower non-tariff barriers in its trade pillar, also includes a tax and anti-corruption pillar, an infrastructure and decarbonization pillar, and a supply chain pillar, which was already agreed to earlier this year.