Canadian Trade Minister Mary Ng said that Canada and its partners in NAFTA 2.0 will not be caught unawares when it's time for the sunset review in 2026. She said that she and her counterparts in Mexico and the U.S. will be taking stock of how the agreement is working in July.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Although implementation of the EU-U.K. Trade and Cooperation Agreement has gone better than expected, a range of issues continue to plague trade between the two sides, including in the agriculture sector, European Parliament members said during a hearing last week. Discussing a draft report on the implementation of the TCA, Parliament Member Sean Kelly of Ireland said “trade flows have been negatively impacted between the EU and the U.K. post-Brexit, which is not a surprise.” But it’s “welcome news” that the TCA “has been smoother in comparison to other agreements between the EU and U.K.”
Commerce Secretary Gina Raimondo, whose agency is negotiating three of four pillars of the Indo-Pacific Economic Framework, said: "We believe that this year we will be able to finalize the IPEF."
The U.S. needs to create a formal doctrine to outline guardrails for deploying sanctions, export controls and other economic statecraft tools, said Daleep Singh, President Joe Biden’s former deputy national security adviser, speaking during an April 25 Atlantic Council event. He also said the U.S. needs to conduct an assessment of its past use of those trade and financial measures to determine when they worked best and make sure they aren’t being overused.
A letter signed by all the freshmen Democrats in the House of Representatives lauds President Joe Biden's new stance on trade.
The Census Bureau emailed tips March 20 on how to address the most frequent messages generated this month in the Automated Export System.
Dispute panels at the World Trade Organization released panel reports April 17 in cases brought by the EU, Taiwan and Japan and dealing with India's tariff treatment on certain goods in the information and communications technology sector, the WTO announced. In all three cases, the dispute panels found India's duties violated its WTO tariff commitments under the Vienna Convention on the Law of Treaties and Article II of the General Agreement on Tariffs and Trade.
Israel and the United Arab Emirates recently implemented a free trade deal that will lower tariffs on about 96% of traded goods between the two countries, the Hong Kong Trade Development Council reported April 12. Israel and the UAE signed the deal last year (see 2204260019).
U.S. Trade Representative Katherine Tai and her counterpart from the EU, Valdis Dombrovskis, said their discussions on a critical minerals agreement and a deal to privilege green steel and aluminum trade were productive. It was the fourth time this year that Tai and the EU's top trade official met.